Amazon Will Sell You Your Next Car

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

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Amazon Will Sell You Your Next Car

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I went to Amazon (NASDAQ: AMZN | AMZN Price Prediction) to shop for a new car. There were 153 pages of vehicles available near me. The system already knew where I lived. But it gave me a choice of dealers in the area. In other words, it showed my location and gave me options

I looked at Hyundais. There were so many pages with their lineups, each with over a dozen features. I could pick price, options, engine size, technical safety features, weight, operating system (Android or iOS), engine power, range, and MPG range. And that was only about half the options available.

On the dealer page, I could choose among three payment options: cash, financing, or leasing. It gave me estimated payments for each. It showed my discounts and other deals. It showed me an estimate of my trade-in’s value.

It showed me the day I could pick up my vehicle or have it delivered.

Dealers have to be ambivalent about the Amazon Autos program. It sends them customers. However, it does not lead people to dealerships where a salesman can pitch a car’s features, walk them around a showroom, and ride in the back seat while the potential buyer test-drives the car. However, with the geotargeting feature, it gets qualified leads. And, dealers have to realize this is the wave of the future. They might as well join it now while it gives them a competitive advantage.

Amazon Autos in over 100 cities. The Wall Street Journal says this included some of the largest metros in the country, meaning New York and LA. For new, it has models from Kia, Mazda, Subaru, Chevrolet, and Jeep. Other car companies will join if they see it is a major conduit to sales.

By the way, the Journal points out that Amazon sells car ads in the section where it sells cars. Advertising is one of Amazon’s newer revenue streams.

At this point, it is not a question of if Amazon Autos will become a major car-buying destination.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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