Auto trader unveiled the first-ever Car Vending Machine in the UK
by Farheen Fatima
Bringing new ways to purchase a car. Auto Trader has tested new automatic car dispenser in London showcasing the potential of 'immediate' car purchasing. It is Britain's first-ever car vending machine which has made car purchasing the easiest thing ever. Motorists can now buy a brand-new car via contactless payment on their phone.
The Vending machine has been installed at Spitalfields Market, London. It is showcasing a Renault Zoe which can be purchased on the spot. The best part is that it has a pre-haggled price since a study shows that 9 out of 10 people admit to being bad at haggling in Britain.
41% British said haggling on prices topped their list of anxieties about buying a new car, along with hidden costs (39%), worrying about making the wrong decision (28%) and having to wait a long time to receive a car after buying it (25%).
The top 10 Car Buying anxieties that British Adults face:
Having to haggle, negotiate and barter with someone on the price (41%)
The hidden costs (39%)
Being worried about making the wrong decision (28%)
Having to wait a long time to actually receive the car after buying it (25%)
Finding car terminology and jargon confusing (23%)
The amount of time it takes to go through the process of purchasing (21%)
Not properly understanding the financial options available (20%)
Not knowing what questions to ask (19%)
Not knowing the long-term running costs (18%)
Conflicting reviews on cars (16%)
Taking in account the result of studies and how 79% British people believe that their European counterparts are better at haggling and that 35% who attempt to haggle don't have confidence in their ability, Auto Trader has launched the first-ever contactless car vending machine offering consumers a haggle and anxiety-free purchasing experience
The contactless vending machine allows purchases of up to £21,000. Consumers don't have to research and find a car dealer. The haggle-free price is already set and is the best possible price on the market with discounts. The machine has been created by the efforts of six engineers over the course of three months.
The installation features a brand-new Renault Zoe by Lookers Motor Group, which is one of the most searched for electric cars in the country, according to search data from Auto Trader. In just the past month, there have been nearly half a million searches for electric vehicles (463,277) on Auto Trader. Other studies show that 74% of British car owners would want to drive an electric car today.
A spokesperson for Auto Trader said:
"Buying a brand-new car is an exciting experience, but it can often be tarnished by anxiety around haggling and knowing whether you're looking at the right price.
"So today we're showcasing a real-life version on what can be found on Auto Trader; brand new cars at transparent pre-haggled prices that you can drive away today."
Drivers can find their new car with Auto Trader, with the Renault Zoe already onsite at pre-haggled prices.
Tags: auto traderTechnology
— Farheen Fatima
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