“The marketplace has proven very resilient in the face of COVID-19. This past week we saw around 3.5M sessions and 10.7M VDPs generated by 1.9M users. Early March saw typically strong YoY growth, however the past week has tracked around 9% lower for sessions YoY, so we will finish March with total sessions similar to March 2019.
Our research shows that users are spending longer in the research phase during COVID-19 since they may be delaying their purchase. We still see around 50,000 email and phone leads for our dealers each week since COVID-19 began, showing there remains intent to buy soon.”