TrueCar in the news.
Check Out This Revolutionary Car Buying Advice—Then Disregard It
What gives? Should we throw out the conventional wisdom on when to buy a car? Well, yes, says TrueCar CEO Scott Painter. “When you look at the real data, you see that you’re almost always better off doing the opposite of what conventional wisdom tells you to do,” Painter told CBS Moneywatch recently. “Unfortunately, much of the conventional wisdom is just wrong.”
TIME | August 20, 2014
The Used-Car Bubble Has Burst
TrueCar, an online vehicle buying service, told Reuters that the average transaction price of a new vehicle reached $31,262 last year, due to the addition of many new features and gadgets. That average should rise 2 percent this year and 2 percent next year as well.
Fortune | August 19, 2014
August Still A Good Time To Buy A New Car
Even though it might not be the hot month it once was, automotive site TrueCar.com says August is still a month of good deals. In fact, it finds August’s average transaction price of $29,296 is the lowest of the year, with July second at $29,465
ConsumerAffairs | August 15, 2014
Unbeatable New-Car Summer Clearance Deals
According to the analysts at TrueCar, Inc. new car and truck prices during the past five years in August have averaged $29,296, which is $169 lower than any other month and a surprising $1,850 lower than in December. “Consumer buying trends have been turned upside down during the past decade,” says TrueCar founder and CEO Scott Painter. “This is a great example of the power of data, which shows dealers are clearing out older inventory in August.”
Forbes | August 15, 2014