This is a great idea. People are using companies like Carvana and Vroom for two reasons: 1. Convenience of buying a car from home, but also 2. They are uninformed and/or do not want to negotiate with a dealer. People will pay a premium using these digital alternatives as a result. I’m a big believer in the Carvana model for sure (I’ve bought a car from them and had it delivered 3 days after adding it to my cart), but it will absolutely not be the defacto way to buy cars even in 5-10 years. I think there’s a huge opportunity for this model.
This is a great idea. People are using companies like Carvana and Vroom for two reasons: 1. Convenience of buying a car from home, but also 2. They are uninformed and/or do not want to negotiate with a dealer. People will pay a premium using these digital alternatives as a result. I’m a big believer in the Carvana model for sure (I’ve bought a car from them and had it delivered 3 days after adding it to my cart), but it will absolutely not be the defacto way to buy cars even in 5-10 years. I think there’s a huge opportunity for this model.