New research reveals our car buying behaviour

Claire McGovern

Reporter:

Claire McGovern

New research reveals our car buying behaviour

Transparent pricing is the most important factor for Irish shoppers.

Before purchasing a car, the average person spends 7.59 hours researching online. That’s according to a new survey by Carzone, an Irish  website for  buying and selling new and used cars.

The research of 500 Irish adults examines the entire car buying process from research phase to end purchase.

Doing your homework

According to the Carzone research, we spend a huge amount of time ‘doing our homework’ before we make a purchase. While the internet is the most popular research tool, an average of 3.32 hours is also spent face-to-face with the dealership or seller, and 2.63 hours are spent seeking advice from family and friends.

Car buyers spend almost twice as much time researching used cars online compared to new cars with an average 8.73 hours of online research going into a used car compared to 4.88 hours for a new vehicle.

Online behaviour

Online research is mostly used to investigate the cost of a car (82%), while two thirds (67%) use the internet to compare different car models. 65% go online to find cars for sale, while over a third (39%) use it to locate a local dealership.

With so many of us turning to the world-wide web as our first port of call, it’s no surprise that classified websites are a trusted source of information for shoppers. Of those that use these sites, Carzone is the most popular website with 72% of people logging on to check out the latest vehicles for sale

What consumers want

Transparent pricing is the most important factor for Irish shoppers. A resounding 85% cite this as number one on their list when buying a car. The vehicle’s history is a close second with 83% saying they want this information before making a purchase, while 70% say car testimonials and reviews are an important part of their decision-making process.

80% say a timely response from a dealer or seller is key, indicating that dealers or sellers who respond quickly are more likely to make a sale.

Decisions Decisions

When planning a car purchase over 4 in 10 (44%) say they would only consider buying a used car while 1 in 5 (21%) say they would only buy a brand-new vehicle.

Almost half of all buyers (42%) have a shortlist of cars they are interested in purchasing while 37% say they knew the make and model they wanted to buy and focused their search on that marque. Only 10% of those questioned say they had no idea of the type of car they wanted to buy when looking to purchase.  

For further information visit www.carzone.ie