Of its many disruptions, the pandemic has driven car pricing and buying off a cliff, making room for innovators to create a digital shift. While players like Carvana and CarMax are right now proving the Newtonian aspects of post-COVID commerce — what goes up fast...
In the September edition of the Expanding Payments Choice Playbook series, PYMNTS discusses the importance of end-to-end digital car buying, a mode of auto sales in which not only can consumers buy their automobiles online, but they can also access financing, rewards schemes and receive...
“What price will put you nice folks into a used car today?” The cartoonish used car pitches of yesteryear vanished with the pandemic used car shortage and subsequent pricing spike, elevating online buying experience as the big differentiator in pre-owned sales today. In a recent...
Globally, only 2% of car sales take place online. That meager figure, according to Tarek Kabrit, co-founder and CEO of Dubai-based online auto marketplace Seez, makes car buying one of the last multitrillion-dollar industries that has yet to be fully digitized. “To a large extent,...
February 06, 2023
Of its many disruptions, the pandemic has driven car pricing and buying off a cliff, making room for innovators to create a digital shift. While players like Carvana and CarMax are right now proving the Newtonian aspects of post-COVID commerce — what goes up fast can come down to earth just as quickly — the […]
July 25, 2022
Globally, only 2% of car sales take place online. That meager figure, according to Tarek Kabrit, co-founder and CEO of Dubai-based online auto marketplace Seez, makes car buying one of...