Do you enjoy keeping up with the automotive trends happening around us?
While auto shows and car events may have been quiet this last year, we’re here to tell you the industry is back on track, bringing with it exciting new trends for 2022.
From purchasing vehicles online to bleeding-edge tech developments, here are 5 automotive trends to look out for in 2022 brought to you by Cars Protection Plus.
1. Online Purchases Are In
Purchasing vehicles online, also known as digital dealing, is quickly becoming a regular sales practice. Ten years ago we’d have thought this was crazy – after all, isn’t part of the sales experience negotiating the price of a vehicle with a nagging salesperson? Instead, this new model of buying cars has increased tremendously in the U.S. since 2020.
Let’s think about the benefits:
- You can purchase a vehicle in seconds
- You can compare inventory from your couch
- No need to negotiate with a salesperson
- Decreases likelihood of you overpaying for a car
With online purchasing options, the price is the price and there is much less chance of a salesperson nagging potential buyers. This seems to have had a surprisingly positive effect on sales figures and customer satisfaction.
This online purchasing preference could lead to some industry adjustments. For instance, sales personnel could end up converting to product specialists or consultants. Dealerships will likely expand their online platforms to garner more traffic and encourage sales. This trend seems to be one that will only continue to grow as society becomes more and more tech-oriented.
2. Luxury Vehicle Subscription Fees Will Decrease
The subscription-based model of luxury vehicles is expected to become more affordable, and thereby attract a younger demographic. Subscriptions are like vehicle leases, but their contract terms are more flexible and shorter. Clients thereby have the opportunity to drive high-end vehicles for less financial and time commitment.
Younger people seem to be interested in this trend, as they get to drive cars that offer them greater status and driving pleasure. They are also less focused on vehicle ownership than previous generations.
Other reasons this is an attractive option for younger people includes:
- These car subscriptions typically include maintenance and repairs.
- Anyone can apply for a luxury vehicle subscription online.
- Car value depreciates the second you drive it out of the dealership. Younger generations don’t want the commitment buying a new car brings.
And finally, as trends seem to be leaning towards electric cars, people don’t want to be saddled with outdated models they won’t be able to sell in a few years. Which brings us to our next point…
3. Electric Vehicles Rise Above Competition
In 2020, there were more than 10 million electric cars on the road. Several manufacturers are phasing out gas vehicles, and plan to move over completely to electric vehicles between 2030 and 2040. So, from now onwards, you’re likely to see a lot more EVs on the roads and in your automotive news.
The only thing holding this trend back is the lack of widespread charging infrastructure. The state reportedly aims to address this by setting up a national network by 2030. If it all goes according to plan, charging stations will be more widespread in public spaces as well as at business premises and housing complexes.
4. High-Tech is Hotter than Ever
Digital technology is now a major aspect of vehicle manufacturing. Luxury cars are extremely digitally complex nowadays and setting up their digital systems can require convoluted coding. Some vehicles notify owners when there are system upgrades available, just like your PC or phone do. Experts predict automotive Android and iOS systems are not too far away.From now on, each year is expected to bring significant and exciting automotive digital advances.
5. Healthy Living Features are on the Rise
As part of the expansion of high-tech automotive features, manufacturers are looking into creating vehicle features that feed the body, mind and soul. Yes, we are referring to well-being benefits for drivers while they’re on the road!
For instance, massaging car seats are trending. They have been around for a while and expected to be made more accessible due to their popularity. This nifty feature helps keep passengers comfortable and calm, especially on long drives. The massage function helps improve circulation, reduce stress, and helps elevate moods — useful for when stuck in traffic.
Another healthy living feature is cleaner air. Air pollution analysis and purification could be on the rise. This feature would assess the air quality outside the vehicle, and adjust it to be more pure and healthy within the vehicle.
The Takeaway
The automotive industry is going through a lot of changes right now. Most of these advancements are in response to the global move towards digital technology and online practices. It’s an interesting time to be alive and following these automotive trends!