Hyundai will be the first automobile company to sell cars on Amazon.
On Thursday, the company announced the new move, which will make car buying more convenient than it has ever been. The car marketplace will launch next year, CNBC confirms. Car shoppers will be able to research different styles of Hyundai’s before making their big purchase. Customers will even be able to choose between several financing options. Once the deal is completed, the Hyundai can be picked up from the dealership. If the car is located at a dealer that isn’t local, it will be delivered to a lot nearest to the customer. Additionally, car buyers will be able to purchase Hyundai parts and other products for their cars via Amazon, which can be sent to their homes.
If you’ve ever purchased a car, then you know the process can be tedious at the car dealership. However, the new initiative is looking to make the overall car-buying process much more streamlined. Under the partnership, Hyundai will add Alexa voice assistant to many of its vehicles in 2025.
Several websites, such as Carvana and Carmax, have sold cars online for years. However, in many cases, buyers must still interact with local dealerships to finalize the purchases. Nevertheless, buying a car online still cuts down on the lengthy process. Now, Amazon is trying its hand at this business model. However, it is still being determined how Amazon and dealers will split the profits from the sale.