Press release

New study finds ‘sweet spots and pain points’ in the car buying journey

Auto Trader has completed a comprehensive research project looking at what’s good, and what could be improved in the car buying journey.

Pooling the views of more than 1,000 car buyers over the last two years, the study found that deal negotiations and salesperson pressure were the two principal pain points for those who buy from a dealer.

However, it also confirmed that consumers’ perceptions of the industry are often worse than reality. While 43% said they feared salesperson pressure and 33% worried about negotiation on areas like pricing, finance and part-exchange in advance of the visit, the showroom experience itself was often less painful. Only 21% said salesperson pressure had actually been a problem, while 17% said they had not enjoyed negotiating with showroom staff.

One area where perception and reality were closely matched concerns finding the right dealer. 23% of respondents said they had found this hard, compared with 22% who worried about this in advance of their research. The findings suggest retailers could do more online to build trust and drive traffic to their forecourts.

“There are clearly things that could be done to smooth the journey for buyers both on and offline,” said Nick King, Auto Trader’s Director of Insight. “We know for example that part exchange negotiation is often the breaking point in a deal. We also know that more could be done online to inform buyers about competitive finance deals before they get to a showroom, perhaps pre-empting what might be seen as pushiness in the showroom. Making things more transparent online could help smooth pain points in the journey, leading to more business and happier customers.”

Auto Trader is the UK’s largest digital automotive marketplace for buying and selling new and used vehicles. As part of the research, respondents were asked to select any number of responses from a wish list of things that they felt might improve the buying experience. The top five are listed below:

Freedom to browse – no pressure 32%
Better information about the real cost of cars 32%
A ‘one stop shop’ to find everything online 31%
Clearer information on car prices 29%
Better information on the best car deals and finance 28%

The research concluded by asserting that buyer satisfaction is most clearly shaped by the offline experience where retailers tend to do a good job. Three quarters of buyers said they were either satisfied or very satisfied with the whole buying process and face-to-face interaction was most likely to shape a positive impression.

However, 57% said they would be more inclined to buy from the same dealer if the process had been better.

Notes to Editors:

Auto Trader Group plc is a 100% digital business having successfully completed the transition from a print title in 2013. Auto Trader sits at the heart of the UK’s vehicle buying process and operates the UK’s largest digital automotive marketplace.

Auto Trader’s primary activity is to help vehicle retailers compete effectively on the Marketplace in order to sell more vehicles, faster. The Marketplace brings together the largest and most engaged consumer audience. Autotrader.co.uk attracts around 44.5 million monthly cross-platform visits on its sites, with around 68% of visits coming through mobile devices, with the largest pool of vehicle sellers (listing more than 400,000 cars each day). In fact over 80% of all time spent on classified sites is spent on Auto Trader. The Group does not buy or sell any vehicles itself.

Auto Trader has around 92% prompted brand awareness in the UK, with 80% of UK retailer forecourts advertising via the website and around 65% of UK used car transactions involving cars listed on autotrader.co.uk.

Auto Trader’s market-leading position enables it to generate and collect large amounts of data on the UK’s automotive marketplace and leverage it to create a suite of services that allow retailers to:

  • BUY – buy the right vehicles, at the right price
  • MARKET – market their brands and businesses effectively in the digital world
  • SELL- sell more vehicles through advertising on the UK’s largest digital automotive marketplace
  • MANAGE – optimise their stock turn and vehicle margin.

For all trade media enquiries, please contact:

Nigel Wonnacott, PR Director at JJ Marketing, on 07802 483 971 or nigel.wonnacott@jjmarketing.co.uk

It was a great November for @renault_uk with the Grand Scenic and the Kadjar taking the top spots for the UK's fastest selling used cars. And despite the new car challenges, diesel remains a popular choice in the second-hand market https://t.co/DBdIjblRvk
Received a negative review? Don’t worry, a little negativity could actually help your reputation. Find out how to make Dealer Reviews work for you by catching up on our webinar:https://t.co/LrbmOkDajX https://t.co/iph0RPi8jo
Want your ads to stand out in today's increasingly competitive and complex market place? Then why not check out our handy hints and tips on building brilliant ads https://t.co/ypBFioKlY6 https://t.co/lwmXiN415e
What an amazing achievement! Congratulations and a huge well done to everyone at @TrustFordUK https://t.co/ltTxKOzlsY
Attracting buyers is key to selling faster but are you stocking the right vehicles? To help you fill your forecourt with the most profitable vehicles we have some top tips on our trade site. Take a look and see if you'r ready to start 2019 with a bang https://t.co/9KI0ZxM6wU https://t.co/64iAuCUAUC
And now it officially feels like Christmas! Brilliant job @AMchatter we were looking forward to this 🎄🎁 https://t.co/MEoaIDH9RV
Figures from the @SMMT this morning show new car registrations dipped slightly (-3.0%) in November. Year to date, the market is down -6.9%. How does that compare to what you're seeing this year? For full results, visit: https://t.co/51IDcxrwH0 https://t.co/cBVDU2QnvO
This week we hit over 500,000 cars listed on our marketplace. We're very proud to not only attract the largest audience of engaged car buyers in the UK (55 m multi-platform visits a month!) but to serve them with the largest collection of new and used cars too 🚗 https://t.co/pnfuFoFWv3
Huge congratulations to our editorial director Erin Baker who was highly commended at last night's Renault UK / Guild of Motoring Writers Journalist of the Year Award. Massively deserved! 🍾🍾 #GOMWawards https://t.co/TmyqwwgPY9
Our data showed that the fastest selling used car in October was the 2015 Hyundai Tucson (diesel manual), which took an average of just 19 days to leave UK forecourts. Despite the challenges 9/10 of the UK's fastest selling were diesel. Read more here https://t.co/UFAVhwzkC7 https://t.co/3e5YBgvgYQ

Auto Trader Group plc
Registered in England (Company number: 09439967)

Auto Trader Limited
Registered in England and Wales (Company number: 03909628)

Registered address:

1 Tony Wilson Place
Manchester
M15 4FN
VAT number: GB 614 8918 20

Keep in touch

We use social media to speak to the UK’s largest car buying audience