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Car Dealership Guy Podcast
#36 Car market predictions, Alex's acquisition playbook, Solving software fatigue, Will online car sales go away? | Alex Vetter, CEO of Cars Commerce (Part 2)
Nov 3, 2023
Alex Vetter, CEO of Cars Commerce, discusses predictions for the car market, software fatigue, acquisitions, gaps in the customer journey, the evolution of retail, instant financing, onsite behavior changes, the loss of budget cars, and trends in the industry.
41:19
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Quick takeaways
- Affordability is a major issue for consumers due to rising vehicle prices, but they still prioritize immediate expenses over saving for the future.
- Carves Commerce aims to simplify dealership technology, enhance the customer experience, and support local retailers through their integrated platform.
Deep dives
Affordability and consumer behavior
The podcast highlights affordability as the top issue facing consumers, with the price of vehicles skyrocketing. Despite this, consumers are still spending on vehicles and other expenses, living in the present moment rather than saving for the future. The podcast discusses how this behavior and the current state of the economy can be described as unusual and intriguing.
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