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Car buyers shopping longer and searching wider, study finds
['Jason Becknell', 'Jaelyn Campbell']
CBT News
New Urban Science and Harris Poll survey finds price now outweighs brand loyalty as buyers search one to three months before making a purchase.
On the Dash:Car buyers now spend one to three months cross-shopping brands, dealers and marketplaces before buying.
Price now outweighs brand loyalty, with 31% of buyers prioritizing value over brand name.
Car shoppers are taking longer to buy and crossing more brands, dealers and marketplaces before they commit, according to a new Urban Science Harris Poll study.
It found the purchase journey now stretches one to three months as buyers cross-shop more widely than in past years.