Top Takeaways from the Cox Automotive Car Buyer Journey Study

Buyer satisfaction is stronger than ever, especially among new car buyers. An impressive 76% of new-vehicle buyers report being satisfied with their overall shopping experience (the highest level ever recorded) and 81% were satisfied with their dealership experience.

WHAT YOU CAN DO NOW

Turn customer goodwill into long-term loyalty with a fast, seamless sales-to-service handoff. Leverage integrations between Xtime and VinSolutuions CRM to schedule the first service appointment before the customer drives off the lot.

Car buyer satisfaction drives service loyalty. Among buyers who say they are highly likely to return for service, 86% report satisfaction with their dealership experience, 84% are satisfied with their overall shopping experience, and 74% trust that the dealer gave them the best deal.

What you can do now

Take advantage of improved sentiment by positioning your service options as a natural extension of the purchase. With Xtime Invite, you can stay connected through targeted, personalized marketing campaigns that keep customers engaged and coming back to your service drive.

Digital completion of key purchase steps continues to rise, especially among new-vehicle buyers. Dealers are increasingly providing buyers the convenience of online trade-in offers.

what you can do now

When the time is right, use Xtime Schedule and Kelley Blue Book Instant Cash Offer to identify used-vehicle acquisition opportunities that further strengthen long-term customer value.

Proactive service outreach plays a critical role in retention. Up to 57% of used-vehicle buyers say they are likely to return to the dealership for service (an all-time high), especially when they are introduced to the service department early in the process.

what you can do now

Implement tools that bridge sales and service to capture early engagement, strengthen retention, and drive long-term post-sale revenue from both new and used buyers. Provide seamless online scheduling and service tools to support a consistent, end-to-end digital experience that keeps customers coming back long after purchase.

Compared to pre-pandemic levels, more new buyers are purchasing extended warranties and service contracts. There is also growth among new car buyers in scheduling their first service appointment as part of their buying experience.

Take Action

Take advantage of the trend to include service contracts as part of the purchase price. Leveraging key integrations between Xtime and VinSolutions CRM, schedule a first service appointment to ensure that your customers will keep coming back to your dealership. When the time is right, you can use Xtime Schedule to identify used vehicle inventory acquisition targets in conjunction with Kelley Blue Book Instant Cash Offer.