Online Car Buying Market is Anticipated to Witness High Growth Owing to Emergence of Online Car Portals
Online Car Buying Market The online car buying market enables customers to purchase new or used cars through dedicated online portals. Using these online portals, customers can search vehicle listings, compare models, evaluate prices, explore financing options, and complete the purchase entirely online without needing to step into a dealership. This has significantly simplified the car buying process and improved the overall consumer experience. Online car buying portals provide detailed vehicle descriptions, high-resolution images, comprehensive features list and average pricing data to help customers select the right vehicle that matches their requirements and budget. They also offer invoice pricing tools, trade-in value estimators as well as integrated inventory management systems for dealers to list, modify and update vehicle listings anytime. The Global online car buying market is estimated to be valued at US$ 328.90 billion in 2024 and is expected to exhibit a CAG...