Dealerships

Volkswagen has just made it possible to buy a car without setting foot in a dealership

Volkswagen is now offering all-digital vehicle purchases.

Photo courtesy of Volkswagen AG

If you never want to set foot in a dealership to buy a new Volkswagen, you never have to. Today, Volkswagen of America and VW Credit, Inc.announced that VW dealerships will be able to collect remote digital signatures for financial transactions.

According to a release, Sign Anywhere is remote, digital signature tool powered by CDK Global that allows customers to remotely and securely digitally sign financial documents with their own computer or mobile device. This will allow customers to take all their business online.

2020 Volkswagen Atlas Volkswagen and its dealerships will deliver a vehicle to its new owner without them having to set foot in a dealer's storefront. Photo courtesy of Volkswagen AG

Though digital signature technology has been widespread for years, this is one of the first instances where it has met the requirements of the financial services sector to make dealership visits not required.

"Planning to implement this technology began two years ago but since this pandemic took hold, we've accelerated our plan to make this a permanent tool for our dealers," said Anthony Bandmann, President and CEO of VW Credit, Inc. "Customers are asking for flexibility and looking for peace of mind especially during this time and Sign Anywhere helps provide that."

The particulars of the services allow for the execution of contracts to take place from the comfort of a personal device such as a tablet without physical interaction with a finance representative. The tool also uses two-factor authentication to transmit information and dealers can receive funding in hours following a vehicle purchase.

Its use will be limited to local laws. The digital signature tool will only be available where remote transactions comply with motor vehicle dealer laws and where dealerships participate with CDK Sign Anywhere. Dealers are responsible for knowing whether such transactions are legal in their state.

Sign Anywhere was initially made available to ten Volkswagen dealers as part of a pilot program in April 2020. The program has now expanded to approximately 420 Volkswagen dealerships across the country.

Over 1,900 vehicle purchases or leases have already been finalized using Sign Anywhere since the implementation of this tool.

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The 2021 Volkswagen ID.4 is on sale now.

Photo courtesy of Volkswagen AG
The all-electric range of the 2021 Volkswagen ID.4 has been confirmed. The model is the first modern electric Volkswagen to be sold in the U.S. and a model that the German automaker is resting a lot of hopes on for the future of sales in the country.

The 2021 Volkswagen ID.4 Pro with all-wheel drive will achieve an EPA-estimated 260 miles of all-electric range on a full charge. The ID.4 Pro S and 1st Edition, which have more features and equipment and therefore weigh more, achieve an estimated 250 miles of range.

The EPA-estimated fuel economy for ID.4 Pro RWD is 107 MPGe in the city; 91 MPGe on the highway, and 99 MPGe combined. The ID.4 Pro S and 1st Edition does slightly worse achieving 104 MPGe in the city, 89 MPGe on the highway, and 97 MPGe combined.

2021 Volkswagen ID.4: Exterior The "1st" badging denotes the vehicle as a first edition model. Photo courtesy of Volkswagen AG

These new numbers come as part of a second round of EPA testing. Original testing found that the model did not quite hit its target.

How does that compare to other EVs? The Nissan Leaf Plus offers 226 miles of all-electric power. The Hyundai Kona Electric delivers 258 miles. Volvo's XC40 Recharge has just 208 miles of all-electric range but the Tesla Model Y can go up to 326 miles on one full charge.

First out of the Volkswagen gate will be ID.4 models with an 82-kilowatt-hour battery and rear-mounted AC permanent-magnet synchronous motor. That system delivers 201 horsepower and 228 pound-feet of torque.

At a public DC fast-charging station with 125 kW charging, the ID.4 can go from five to 80 percent charged in about 38 minutes. With purchase, ID.4 owners receive three years of unlimited charging at Electrify America DC Fast Chargers at no additional cost.

The 2021 ID.4 is on sale now, with pricing for the rear-wheel-drive ID.4 Pro starting at $39,995 MSRP, before a potential Federal tax credit of up to $7,500. The Pro S carries an MSRP of $44,495. The limited-run ID.4 1st Edition, which sold out the day the vehicle was launched, carried an MSRP of $43,995.

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Ford dealerships will be adding Bronco showrooms to their portfolio in the coming year.

Photo courtesy of Ford via Automotive News

Reporting by Automotive News reveals that Ford is enabling its dealership network to opt-in to build Bronco-specific showrooms. The stores are designed to be near or connected to existing Ford dealer locations, but will feature the Bronco horse logo rather than the traditional Ford Blue Oval.

Ford currently has two Bronco models: Bronco and Bronco Sport. All this for two models? Not quite. Ford is reportedly working on a Bronco-based pickup truck. Could it be Ranger Raptor-like? We'll have to wait and see.

Renderings of Bronco storefronts feature those models and vintage versions of the beloved off-roader alongside 3,800 square feet of building space that includes an outdoor fire pit and room to display three vehicles. There's also a wall that showcases Bronco merchandise including some of the over 200 accessories Ford is promising will be available for Bronco models.

Ford Bronco standalone showroom renderings

Photo courtesy of Ford via Automotive News

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The overall aesthetic is very much in line with what you'll see at your local REI. There's back-painted ceiling lining, exposed concrete, a gray stone entryway, and wood accents throughout the modern structure as well as plenty of windows that show it all off.

Dealers are able to modify the design that Ford has come up with. One dealer, in Arizona, told Automotive News that he is planning to build out a 12,000-square-foot space but hasn't included a fire pit in the plans because of the location's desert climate.

If dealerships don't opt for a separate showroom, dealerships can choose from other Ford-backed options to display the Bronco that are more traditional in nature. Andrew Frick, the head of Ford sales in the U.S. said that there are three options: a standalone showroom, an expansion of existing showrooms or displays that can be added to a showroom. All the options are available and recommended, but not required, kind of like the Sasquatch Package on the Bronco itself.

"It's an announcement to the world we're back; the Bronco is back," Tim Hovik, owner of San Tan Ford in Gilbert, Ariz., and chairman of Ford's national dealer council, told Automotive News. "It's such an iconic product that in an absolute way, we feel a Ford dealer is really adding almost an additional franchise."

Last month, Ford revealed that of its 190,000 reservations for either the two- or four-door Bronco, two-thirds of those have turned into firm orders. Deliveries of the redesigned Bronco are slated to begin in June. Early models are already making their way out onto the streets under the car of Ford employees.

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