Since the inception of the internet, consumers have continually become more aware of the ease of making online purchases, which has led society to push for the availability of more and more products online and savvy businesses are only too happy to satisfy that desire. One of the areas that is seeing a marked increase in online transactions is the auto industry. Consumers are clamoring for the opportunity to purchase the vehicles of their choice online because it expands the options available and enables them to save a considerable amount of time and possibly money over traditional vehicle-buying methods. The internet offers a means for private sellers and licensed dealers to expand their market area. It also offers the ability for licensed motor vehicle dealers to better position themselves to meet consumer demands in an ever changing and evolving environment.
Highlighted resources:
- Best Practices for the Regulation of Internet Vehicle Sales (December 2019)
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