{"id":400955,"date":"2020-12-16T09:03:37","date_gmt":"2020-12-16T14:03:37","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400955"},"modified":"2020-12-16T09:03:37","modified_gmt":"2020-12-16T14:03:37","slug":"consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\/","title":{"rendered":"Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar\u2019s Latest COVID-19 Vehicle Shopping Study"},"content":{"rendered":"<h2>\nFewer Consumers Expect to Delay Purchase Despite Surging Cases<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">SANTA MONICA, Calif., Dec.  16, 2020  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=HncwNZa6AdNRCTsZ32v6RWuQ-3lvhXejI1sguwUP08meMHAvFg_iTTOPq-ThU-p_c139mT8cmp3v3huT18zThA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">TrueCar<\/a>, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, released the sixth wave of its study into the impact of the pandemic on vehicle shopping and vehicle shoppers\u2019 needs, eight months into the COVID-19 pandemic.<\/p>\n<p>36% of car shoppers surveyed stated that, due to COVID-19, they plan to do more of the shopping process online, the highest level seen to date. This is likely impacted by the high number of daily reported COVID-19 cases this wave of research \u2013more than double the level reported during any of the prior waves.<\/p>\n<p>\u201cWhile concern over being exposed or exposing others to COVID-19 is up significantly from two months ago, fewer shoppers than ever say they intend to delay their purchase. This suggests consumers are interested in, and adapting to, doing more of the purchase process online,\u201d added Wendy McMullin, Head of Research and Consumer Insights at TrueCar.<\/p>\n<p>\n        <strong>Highlights<\/strong><br \/>\n        <strong>from the Study Include: <\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li>54% of shoppers are very, or extremely concerned about being exposed to COVID-19, up 50% from September.<\/li>\n<li>Fewer consumers now expect to delay their purchase (25%), down a third from the peak in April (37%).<\/li>\n<li>Consumers expecting to do more of the shopping process online peaks at 36%.<\/li>\n<li>Seven out of 10 shoppers saying they would be more likely to purchase with a dealership offering online payments, trade-in and financing\u2014elements of TrueCar\u2019s payments experience.<\/li>\n<li>35% of shoppers state they are concerned about potentially diminished income in the future\u2014 the highest level to date.<\/li>\n<li>24% of shoppers state they would be encouraged to purchase a vehicle if there were a job loss program offered \u2013 the highest level to date.<\/li>\n<li>37% of shoppers state they would be encouraged to work with a dealer offering at home test drive\u2014the highest level to date.<\/li>\n<li>One-quarter (24%) say they would be encouraged to work with a dealer if a seven-day return policy were offered\u2014 the highest level to date.<\/li>\n<\/ul>\n<p>\u201cWith federal COVID-19 relief and unemployment benefits set to expire at the end of the year, it\u2019s not surprising to see more consumers than ever stating that flexible solutions such as job loss programs and vehicle return policies would provide the added peace of mind to encourage them to purchase a vehicle,\u201d said McMullin.<\/p>\n<p>The study was fielded 11\/21\/20 with a sample size of 1,200 (U.S. Covid-19 daily cases 178,309, U.S. COVID-19 daily deaths 1,506).<\/p>\n<p>\n        <strong>About TrueCar<\/strong><br \/>\n        \n      <\/p>\n<p>TrueCar\u00a0is a leading automotive digital marketplace that enables car buyers to connect to our nationwide network of Certified Dealers. We are building the industry&#8217;s most personalized and efficient car buying experience as we seek to bring more of the purchasing process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new and used cars \u2013 all with a clear view of what&#8217;s a great deal. When they are ready,\u00a0TrueCar\u00a0will enable them to connect with a local Certified Dealer who shares in our belief that truth, transparency and fairness are the foundation of a great car buying experience. As part of our marketplace,\u00a0TrueCar\u00a0powers car-buying programs for over 250 leading brands, including AARP, Sam\u2019s Club, and\u00a0American Express. Nearly half of all new-car buyers engage with\u00a0TrueCar\u00a0powered sites, where they buy smarter and drive happier.\u00a0TrueCar\u00a0is headquartered in\u00a0Santa Monica, California, with offices in\u00a0Austin, Texas\u00a0and\u00a0Boston, Massachusetts.<\/p>\n<p>For more information, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6p5vNGH-I2biNJbp86YF7iEY56ef_THMy8fz1TqGD7LVs2FXmCxMpl7u0cLBFlcWxvVjhhf9NTju91Gtumuu5Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.truecar.com<\/u><\/a>, and follow us on\u00a0Facebook\u00a0or Twitter.\u00a0TrueCar\u00a0media line: +1-844-469-8442 (US toll-free) | Email:\u00a0<u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=G_j4bSCVPYQ76hAa_t_j2QjHNO17ZtH5iwDuh6qepx1DIXzYjhYHU4QYU1dKgJ4vh4uHzQWNR6e7NjbdR-oxoQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pr@truecar.com<\/a><\/u><\/p>\n<p>Photos accompanying this announcement are available at:<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZjNiolkdlhZp4nR8GHN7UG9IqlLWM2hk6KVypNkbQrN2KCl_thrWRf4uO63l6eJ6nsE20xVu3MfXAFwF9Dpbwm1gIQ1E94jPRckXaAmjxGmCsZfPop5VdzHgMnKNhNr4kjREH4FULEKfLAwJtvjDgfYzYidzEJk35XD7SU2m3eTxCxMbsmepomXWLlsvLRoL90xO0ee3mZMVMJdrv7PQ_gDGUhlbxVg1z7ujB5fo5YQOfTjSwPS5XPsUfGxF6lji19IMo5r6GiSnh6xLGQg71Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/76dac253-fdbe-46fd-a8f2-2b845bad0586<\/a>\n      <\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZjNiolkdlhZp4nR8GHN7UG9IqlLWM2hk6KVypNkbQrN2KCl_thrWRf4uO63l6eJ6v-RRnmvNVpwof29zahhcp63Lk3nsCd81s5Q0w9nW3pfjPDx0xElwll3dkU20K8ecoQFDKfb69laGGwAQSgFkgOgCnCtgPiGpA3q23cOkwv5HGmXPlVjpkJJkIe468oUy5pHpqnlOfXhePcp6CWC_cbp-mU8-r9528urBIisB0gZEb0veVEuvFE1Yo6fRPk7tielNpY4HLqov8QKTO9-a-Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/4b17f46b-1799-4d0b-a435-ad2c681aaf97<\/a>\n      <\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZjNiolkdlhZp4nR8GHN7UG9IqlLWM2hk6KVypNkbQrN2KCl_thrWRf4uO63l6eJ6DBjGS6UsMqTh0qw_IrxAW1G2mNYwaAhBkhGdmCDW7HZcp2yVq_nkKed9asU9qWkgmzrdEYhMHhH4sC_hy8oElcA0vRI5ebR8zJkkpTQ-MRdijRd2ffwnPgbFFx0hm--WGbrJYLBwUsbPJVvAx7_CuXmAVB_gz25K0hCvyXpXq66umW3W9wtBc2jzZoLGC8F6PknHM24CDUU9C1XrCe4xCg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/d4b4448a-f7c0-438d-a92a-5c804ea2dfbe<\/a>\n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMzI4OCMzODg0MDgxIzIwMDcyNTk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/da782351-9ded-4f88-8474-11740daf1a84\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>TrueCar Public Relations Contact:\r\nShadee Malekafzali\r\nshadee@truecar.com\r\n424.258.8694<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fewer Consumers Expect to Delay Purchase Despite Surging Cases SANTA MONICA, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) &#8212; TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, released the sixth wave of its study into the impact of the pandemic on vehicle shopping and vehicle shoppers\u2019 needs, eight months into the COVID-19 pandemic. 36% of car shoppers surveyed stated that, due to COVID-19, they plan to do more of the shopping process online, the highest level seen to date. This is likely impacted by the high number of daily reported COVID-19 cases this wave of research \u2013more than double the level reported during any of the prior waves. \u201cWhile concern over being exposed or &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar\u2019s Latest COVID-19 Vehicle Shopping Study&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400955","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar\u2019s Latest COVID-19 Vehicle Shopping Study - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar\u2019s Latest COVID-19 Vehicle Shopping Study - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Fewer Consumers Expect to Delay Purchase Despite Surging Cases SANTA MONICA, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) &#8212; TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, released the sixth wave of its study into the impact of the pandemic on vehicle shopping and vehicle shoppers\u2019 needs, eight months into the COVID-19 pandemic. 36% of car shoppers surveyed stated that, due to COVID-19, they plan to do more of the shopping process online, the highest level seen to date. This is likely impacted by the high number of daily reported COVID-19 cases this wave of research \u2013more than double the level reported during any of the prior waves. \u201cWhile concern over being exposed or &hellip; Continue reading &quot;Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar\u2019s Latest COVID-19 Vehicle Shopping Study&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-16T14:03:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMzI4OCMzODg0MDgxIzIwMDcyNTk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar\u2019s Latest COVID-19 Vehicle Shopping Study\",\"datePublished\":\"2020-12-16T14:03:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\\\/\"},\"wordCount\":663,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExMzI4OCMzODg0MDgxIzIwMDcyNTk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\\\/\",\"name\":\"Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar\u2019s Latest COVID-19 Vehicle Shopping Study - 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(NASDAQ: TRUE), the most efficient and transparent online destination to find a car, released the sixth wave of its study into the impact of the pandemic on vehicle shopping and vehicle shoppers\u2019 needs, eight months into the COVID-19 pandemic. 36% of car shoppers surveyed stated that, due to COVID-19, they plan to do more of the shopping process online, the highest level seen to date. This is likely impacted by the high number of daily reported COVID-19 cases this wave of research \u2013more than double the level reported during any of the prior waves. \u201cWhile concern over being exposed or &hellip; Continue reading \"Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar\u2019s Latest COVID-19 Vehicle Shopping Study\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-16T14:03:37+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMzI4OCMzODg0MDgxIzIwMDcyNTk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar\u2019s Latest COVID-19 Vehicle Shopping Study","datePublished":"2020-12-16T14:03:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\/"},"wordCount":663,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMzI4OCMzODg0MDgxIzIwMDcyNTk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/consumer-interest-in-online-vehicle-shopping-and-delivery-peaks-in-truecars-latest-covid-19-vehicle-shopping-study\/","name":"Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar\u2019s Latest COVID-19 Vehicle Shopping Study - 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