
Know Your Buyer. Grow Your Lot.
Six things today’s independent buyers are telling you and what you can do about it.Â
New research from Cox Automotive and NIADA reveals six realities shaping today’s independent buyer journey. Here’s what dealers need to know.
1. They’re Need-Driven, Not Lifestyle Shoppers

79% need a vehicle, not just want one.*Â
Today’s independent buyer is often solving a transportation problem, not pursuing a dream purchase.
What you can do: Prioritize trust over sales pressure. First impressions, response time, and clear communication can matter more than having the largest inventory selection.
2. They Face a Different Financial Reality
Many independent buyers are working within strict budgets and evaluating every decision through the lens of affordability and reliability.
What you can do: Market to the buyer you actually have. Dealers who align their messaging with buyer realities often create stronger trust, satisfaction, and engagement. Â
Understanding your buyer’s reality changes how you market, communicate, and close.
3. They’re Researching Long Before They Contact You

16.5 hours
The average buyer spends 16.5 hours researching before purchasing.*
What you can do: Treat your digital presence like your first salesperson. Photos, descriptions, reviews, and listings are shaping buyer opinions before your team ever gets involved.Â
4. Your Competition Isn’t Just Other Dealers
Buyers visit multiple websites and compare multiple vehicles before making contact.Â
What you can do: Create a consistent vehicle story everywhere shoppers find your inventory.
5. Trust Matters More Than Price Alone
Many buyers are satisfied with what they paid, yet fewer believe they received the best deal.
What you can do: Reduce surprises. Transparency around pricing, fees, and vehicle history helps build confidence before negotiations begin.
Buyers don’t just remember the price. They remember how the process made them feel.
6. Cash Doesn’t Always Mean Confidence
Many independent buyers pay cash because they’re navigating financial constraints, not because they’re flush with disposable income.
What you can do: Keep the buying experience simple, transparent, and respectful. Less friction creates more trust.
Want the Full Picture?
Download Know Your Buyer, Grow Your Lot to explore six research-backed insights and practical dealer actions developed specifically for independent dealers. Â
*Source: Cox Automotive Independent Buyer Research 2025. Sept. 2024-Aug 2025.

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