FI showroom red and grey logo
MenuMENU
SearchSEARCH

Drive Motors Preps Dealers for Cyber Monday, Offers 2018 Predictions

Drive Motors’ Aaron Krane predicted that, for 2018, dealerships that embrace digital dealmaking will become known as the ecommerce hubs of their regions, a move that will end up pressuring manufactures to sell their cars directly online as well.

by Michaela Kwoka-Coleman
November 21, 2017
Drive Motors Preps Dealers for Cyber Monday, Offers 2018 Predictions
4 min to read


As dealers gear up for the holiday shopping season, many will advertise Black Friday sales. Few, however, will promote specials for Cyber Monday, as they lack the ability to complete car sales online. For dealerships using Drive Motors’ online check-out platform, the Silicon Valley startup is helping market and promote Cyber Monday deals.

Aaron Krane, founder and CEO of Drive Motors, said that this is the first year that vehicles will officially be entering the Cyber Monday market, as multiple ecommerce platforms, including his own, have been adopted by dealerships across the country.

Ad Loading...

“I think for one of the first times ever we’re going to see dealer commerce uptick, not just on Black Friday, but also on Cyber Monday,” he said.

Drive Motors is helping its partners prepare by giving them a variety of marketing and promotional tactics and materials focused on ecommerce. The company has created ads, banners, and even videos for dealer partners to use for their promotions.

Last Black Friday, Krane said that car volume orders through Drive Motors platform, which is hosted on each dealer client’s website, spiked 56%. It was also one of the first days the tech startup claimed at least one sale per hour throughout the day.

“That was really interesting to observe,” Krane said. “A lot of customers were walking in for a Black Friday promotion; they were leaving without buying, but they were coming back that night and they were buying through online checkouts.”

Based on current platform rates, Krane said he expects two to three vehicles ordered per hour during Cyber Monday. Currently, Drive Motors averages more than 1,000 orders a month. Krane said that around 50% of online orders still come to the dealership in order to see and test drive the vehicle before purchasing it online later. The numbers, he said, reflect a larger trend of young, informed buyers who do not want to sit in a finance manager’s office.

Ad Loading...

“If we take off our automotive hats and put on our buyer hats, it’s a no-brainer,” Krane said. “We do not need salespeople to pressure us into buying, and if we can get the best of a showroom without the sales pressure, we will close and upsell ourselves — and make dealerships more money than if they tried to close us.”

After going over online purchases with a Drive Motors dealer partner in Virginia, Krane said they discovered a 70% sale conversion rate from online checkouts. He attributed the rate partially to the weather: As it gets colder and bad weather keeps people indoors, they choose to purchase new vehicles online, rather than waiting for a break in the weather to go to the physical dealership.

Online orders through Drive Motors platform have also increased profits, mainly in the F&I category, for most dealers. Krane said that for consumers, being able to see F&I offerings at home while browsing for cars increases the chances they will upsell themselves.

He said that this past year, his group has seen a profit increase between $500 and $700 per sale.

“People are more willing to upsell themselves if they're couching their own deal in their comfort zone at home,” he said. “Even if they don't purchase upgrades at that moment … they still learn about them in the checkout flow, which makes them much more open-minded when they are then offered it at the dealership. And so properly executed online checkouts which creates enough buyer trust should actually generate an additional upsell opportunity that wasn't there before.”

Ad Loading...

Krane predicted that for 2018, dealerships that embrace ecommerce early on will become known as the ecommerce dealership of their region, a move that will end up pressuring manufactures to sell their cars directly online too.

He also said he believes that top-level car sales will increase, rather than continuing to plateau, and that dealerships will start consolidating.

“We've seen 70 store groups for the first time ever create centralized command centers and centralized business development,” Krane said. “And it's both more streamlined, it's cheaper, and it's a better, more consistent customer experience. So not only do we predict that's going to increase, but we're taking it upon ourselves to become the foremost authority in helping dealers do that.”

Subscribe to Our Newsletter

More Auto Finance

man sitting at desk using a calculator
Auto Financeby Lauren LawrenceAugust 10, 2026

Auto Refi Savings Surge

Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.

Read More →
Tiny toy car in front of small stacks of coins
Auto Financeby Hannah MitchellAugust 5, 2026

Subaru Enters Lending Business

The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.

Read More →
Man climbing ladder in front of mountain landscape.
Auto Financeby Lauren LawrenceAugust 3, 2026

Positive Equity Reaches Record High

Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.

Read More →
Ad Loading...
Photo of document next to calculator and inkpen
Auto FinanceJuly 20, 2026

Dealerships Are Paying the Price for Extended Car Loans

Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.

Read More →
silver car in background with hand in front holding out a set of keys, Trade-In Trouble, F&I and Showroom
Auto Financeby Lauren LawrenceJuly 20, 2026

Trade-Ins in Negative Equity Reach New Heights

As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.

Read More →
Two men in suit jackets shaking hands in front of a new-looking white vehicle
Auto Financeby Hannah MitchellJuly 15, 2026

Auto Credit Plentiful

June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.

Read More →
Ad Loading...
Woman's hands holding an wallet empty of cash
Auto Financeby Hannah MitchellJuly 1, 2026

Automotive Consumers Sink Further in Debt

Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.

Read More →
Three men smiling for headshots
Auto Financeby Lauren LawrenceJuly 1, 2026

Porsche Financial Services Shifts Structure

After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.

Read More →
$100 bill and magnifying glass on top of paper that says insurance policy terms and conditions.
F&Iby Lauren LawrenceJune 29, 2026

Tariffs Could Raise Insurance Premiums

As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.

Read More →
Ad Loading...
Red toy car sitting on top of coins.
Auto Financeby Lauren LawrenceJune 24, 2026

Smaller Loans, Longer Terms

The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.

Read More →