Buying cars often feels like an anxiety-inducing ordeal that can last hours. Car dealers now face their challenges, including a consolidating dealership landscape, tight competition, and threats from new business models promoting contactless virtual transactions during the COVID-19 outbreaks. To survive, it looks like dealers will have to keep up and find ways to accommodate buyers with significant overhauls to the car dealership experience; some experts say the way we buy cars is changing forever.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Subscribe to CNBC PRO: https://cnb.cx/2NLi9AN
Why Americans Hate Shopping For Cars At Dealerships