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2010 Dealer Survey: Online Wholesale Used Car Buying & Shipping March 8, 2010
Why is Auto Transportation Important to Online Sales?   Cars are everywhere! Wholesale used car trading is growing rapidly on the web… ,[object Object]
Online Auctions are becoming global markets… oddly in many cases, shipping has been left to online buyers to sort out ,[object Object]
Online buyers can not ignore transportation so they limit their buying zoneAuto Transportation is the silent engine behind the explosion of e-commerce ,[object Object]
Convenience factor doesn’t yet exist in used car marketOnline trading fulfills its potential when both buying and shipping are made easy
[object Object]
169 responses, 3% response rate
Median dealer bought 30% of total used inventory online
41% dealers sell 500-1000 new/used cars per year
90% Franchised 10%Independent2010 Dealer Survey - Demographics

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2010 Dealer Survey: Online Wholesale Used Car Buying & Shipping

  • 1. 2010 Dealer Survey: Online Wholesale Used Car Buying & Shipping March 8, 2010
  • 2.
  • 3.
  • 4.
  • 5. Convenience factor doesn’t yet exist in used car marketOnline trading fulfills its potential when both buying and shipping are made easy
  • 6.
  • 7. 169 responses, 3% response rate
  • 8. Median dealer bought 30% of total used inventory online
  • 9. 41% dealers sell 500-1000 new/used cars per year
  • 10. 90% Franchised 10%Independent2010 Dealer Survey - Demographics
  • 11. 2010 Dealer Survey - Results Why dealers buy online Saves time & expense It’s easy Better inventory selection available How far away will dealers buy online? 27.2% I shop locally within 200 miles (60% in 2009) 47.8% I shop regionally within 500 miles (30% in 2009) 25.0% I shop nationwide (10% in 2009) Dealers who buy w/in 200-500 miles asked: what factors discourage buying farther away? 54.0% Transportation concerns 30.0% Inventory needs met locally 14.0% Concern with vehicle condition reports 2.0% Other reasons
  • 12. 2010 Dealer Survey - Results What dealers say about auto transportation 64.2% want options. Let me choose between expedited delivery or lowest cost 18.4% I want lowest cost delivery. 17.4% Speed is all that matters. I’ll pay more for faster delivery. If Internet Auctions offered integrated shipping, would you buy more online? 67.4% of dealers surveyed said yes (vs 88% in 2009)Comment: Online shipping of vehicles has gotten easier. Some Internet auctions now offer shipping links and there are more auto transportation web sites. Dealer comments about online trading: “It seems arbitration is further complicated with greater distance” “I would be more comfortable with the transaction [if it were integrated].”
  • 13.
  • 14. Of those purchasing same or less in 2010, reasons included:
  • 17.
  • 18. Truck for regional moves; fuel-efficient rail for longer distance shipments
  • 19. Co-loading of new and used cars makes rail more accessible
  • 20. More options, more capacity, better value
  • 21. Easy-to-use; fully transactional onlinewww.ShipCarsNow.comHawaii Union Pacific Norfolk Southern CSX Puerto Rico and US Virgin Islands
  • 22.
  • 23. It doesn’t have to be that way. ShipCarsNow offers both expedited truck and lower cost rail shipping options.
  • 24. Dealers surveyed said they would buy more if buying and shipping are more integrated online.
  • 25. Dealers, just like other consumers, want shipping options
  • 26. Speedy delivery to protect a customer order
  • 27.
  • 28. About We are a Union Pacific Company Trusted name & leader in transportation Delivering over 6 million cars annually We deliver autos nationwide Speedy truck delivery Economical and green rail options We make it easy to ship cars! Easy-to-use, no hassle, online www.shipcarsnow.com One call, we do it all 1-866-207-3360