The pros and cons of buying a car online

Looking for a car online greatly extends your reach in searching for the model of your dreams. — Photo by CHUTTERSNAP on Unsplash

Last year, for the first time, people spent more money buying classic and collectible cars online than they did in person.

Car-buying website Bring a Trailer sold US$829mil (RM3.5bil) worth of vehicles in 2021, soundly beating the highest live auction sales totals by a quarter-billion dollars. The sum confirmed a trend that has been building over the past few years. Such online car-buying platforms as Bonhams’ Market, Collecting Cars, Hemmings, Shiftgate, and Cazoo have boosted the shift in consumer behaviour that BAT instigated. Before the novel coronavirus struck, only die-hard car bros were buying used and collectible cars online; now it is the default mode for enthusiasts and newbies looking to buy a dream car.