Monday, 1 October 2012

The 15-minute rule for buying cars

Fifteen minutes. That’s how long most new vehicle buyers (60 per cent) want to spend on price negotiations, once the test drive is complete, reports a recent J. D Power and Associates online survey.
“This is likely due to the overwhelming majority of shoppers who build and price their vehicle online before arriving at a dealership,” reports J.D Power in a research note. “In fact, 63 per cent of shoppers say they knew the exact vehicle they wanted (including colour and options) before they set foot in a showroom.”

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