
Sept. 25 - A majority of vehicles are rejected only after a new-vehicle shopper has visited a dealership, according to a J.D. Power and Associates Study released this week. The study analyzed the reasons why consumers consider a model but ultimately purchase a different one and found that 80 percent of vehicles are rejected after a new-vehicle shopper has visited a dealership.
Three dealer-related issues are among the top reasons for not purchasing a vehicle: another dealer has better service; limited availability of the specific vehicle shoppers are looking for on dealer lots; and lack of professionalism among personnel at the dealership.
The study also finds that an increasing number of shoppers have considered buying an Asian brand -- 63 percent in 2008, up from 60 percent in 2007. Conversely, the proportion of shoppers who considered buying a domestic brand has decreased -- down to 55 percent in 2008 from 58 percent in 2007.
Customers who purchase a domestic brand instead of an Asian brand most commonly cite a desire to "buy American" as their primary reason for purchase, followed by rebates and incentives offered, and vehicle price.
Shoppers who cross-shop among Asian and domestic brands are more likely to purchase an Asian brand and most often cite retained value, reliability and gas mileage as primary reasons for their choice.
No comments:
Post a Comment