Cars and Drivers
Chevy Pushes 24-Hour Online Buying Service
Published:
Last Updated:
Chevy thinks it can sell more cars and light trucks if consumers can buy them 24 hours a day. Whether the nocturnal crowd can help boost sales is too early to tell. Or perhaps Chevy won’t disclose numbers about how the program is doing. Either way, General Motors Co. (NYSE: GM) has found a path to add sales that may trigger a change in how the industry operates.
The Chevy program is called “Shop. Click. Drive.” It is GM’s concession to the fact that people search the Web for car reviews, prices and feature details. The car review and vehicle comparison aspects of auto buying sites are missing from the GM brand’s e-commerce offering. Chevy does not have an incentive to help sell its competitor’s products.
Chevy’s website describes the service this way:
Introducing Shop. Click. Drive. The simple way to shop for a Chevrolet vehicle — anywhere, at any time of day or night. This easy-to-use online tool can help you find the latest incentives, estimate your trade-in value and monthly payments, even apply for credit — right on a participating dealer’s website. Then you can pick out accessories, purchase extended warranties and schedule delivery. Once you’ve completed the process, your vehicle is prepped and ready to drive home at your convenience.
The major non-cyber feature Chevy of the process is that buyers have to show up at dealers to pick up cars. It is too early for people to create their cars with a 3D printer, although new printing products show promise that the possibility may not be far away.
Chevy is betting that people will buy cars they may not seen in a dealership, if at all. Additionally, potential customers may not have driven them. Chevy has tried to overcome those potential drawbacks with plenty of videos of the vehicles it is selling. Another barrier to the system is that it estimates trade-in values. People have to go to dealers to get a final number, over which they may find themselves haggling, which could break-off the sales process.
Reading reviews, watching video, examining photos, comparing prices and collecting safety measures have disrupted the system in which dealers were the primary source of information. Chevy wants to get people to come back to dealers, if only to pick up cars they have already bought online.
READ ALSO: Chevy Vehicles Get 4G Wi-Fi: Is It Dangerous?
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.