Auto Transport Company during the pandemic

For almost a year now the entire world has been affected by a virus that has taken many lives and has affected many of our usual activities that we are used to, forcing us to change many of our habits. Commuting has been brought to a minimum and is followed by rigorous safety measures, meaning that there was very little traveling done in 2020. Aside from the tourism industry, many other businesses have been affected, some more than others.

The industrial business has continued due to deals between investors and banks providing the means for project financing. Events and concerts, festivals and weddings have been delayed or canceled. The catering industry has been significantly affected, but they have continued to deliver food and beverages to peoples addresses making them still functioning.

What about the Automobile industry?

This is not the first time that the world has been hit with a pandemic, experienced a fall on the stock market or a financial crisis and if we have learned anything that is that cars will be sold on a much smaller scale than under normal circumstances.

Most people will simply wait to see the development of the situation and would rather save money than spend on cars, motorbikes, boats etc.

The sale of new cars has fallen by 50%

Just as an example, Toyota has declared that during 2020 it has had the least traffic in terms of sales in the last 9 years. Concretely it states that its sales have fallen by 50%

Most other big brands have had the same experience.

The pandemic has caused factories to produce less vehicles since the factories were unable to function at their optimal rate due to the virus, and the transportation of overseas shipping from Europe and Asia has also been brought to a minimum. As a result, we have far less vehicles on the market than in the same period in 2019.

Due to this and due to the psychology of people making more economical choices, we have seen a real boom of second-hand cars on the market.

The sale of Second-Hand Cars is on the rise during the Pandemic

During the pandemic and lockdown, the buying and selling of second-hand vehicles has remained unchanged, in some places there has even been a rise. To be precise, cars that were being sold on internet auctions show a 20% rise in sales in comparison to 2019. Many companies and individuals have unfortunately had to sell their cars when the first wave of the pandemic hit, making the number of vehicles on the market soar, and together with this a fall in their value and price. So however contradictory it may sound the pandemic is the right time to but a second-hand car. There are 20-30% more cars on offer at significantly lower prices.

Auto Transportation during the pandemic

If you are lucky you will purchase a vehicle close to where you live making the entire logistics of the transportation of the car easy.

If, however, you are buying a vehicle that is located in another state or island, you don’t have much say in the matter or choice and you will more than likely be forced to hire a auto transportation company, which is in fact your best option for several reasons.

Airports are closed and flights are on a bare minimum, and aside from that, it isn’t worth the risk. If you decide to transport your vehicle by yourself, you will be safest alone in your car, but such long trips require several stops, stopping at gas stations, staying at hotels, and these are times when you are at high risk of infection.

If you buy a car far from where you live, don’t give it much thought, your safest option is to hire a transportation company. Aside from staying safe from the virus by not having to go to through gas stations, markets, hotels and restaurants, transportation companies will also save you time and money.

This is the case even under regular circumstances.

Whether there is a global pandemic going on or not, it is more economic to hire a transportation company than to try to organize the entire ordeal yourself. This is not only because of the costs you will incur on the road but also all the other costs that it would obviously include.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes