TrueCar in the news.
Why Now Is A Good Time to Buy a Hybrid or Plug-in Car
“Fuel savings are not top of mind to many consumers right now, and that makes this a great time to buy a hybrid or electric vehicle,” said John Krafcik, president of TrueCar. “With gasoline prices now averaging just $2.10 per gallon, and vehicle preferences tied so closely to short-term gasoline prices, automakers are heavily discounting their most fuel-efficient cars to clear inventories.”
hybridCARS | January 21, 2015
Do Your Research to Have the Power When Buying a New Car
“Browse vehicles online at both automaker websites and editorial reviews. Get an understanding of what type of vehicle you want and then view those cars in person at a dealer or — even better — at an auto show. After looking at the cars in person, make sure to test drive at least two to three cars,” says Eric Lyman, analyst and vice president of industry insights at Truecar.
MainStreet | January 20, 2015
Rising New Car Sales Driving Down Used Car Prices
“This is the last year we expect used supply to be impacted by the recession’s pullback in new vehicle buying,” said Larry Dominique, TrueCar’s executive vice president and president of ALG, TrueCar’s residual value data unit. “An increase of supply would benefit consumers shopping for used vehicles next year in terms of selection and potentially lower transaction prices.”
The Detroit Bureau | January 19, 2015