TrueCar in the news.
August May Be the Best Month to Get a Deal On New Cars
Contrary to popular belief, August is the best month to get the lowest price on a new car or truck, TrueCar.com says.
Most people – including me – would probably say December, when dealers rush to try to clear their lots before the end of the year.
dallasnews | August 6, 2014
This Infographic Reveals the Best Times to Buy a New Car
Timing your car purchase could possibly save you hundreds or even thousands of dollars.TrueCar has analyzed car prices over serveral years to reveal the day of the week, month, and time of the month to buy a car—including timing for specific car types.
lifehacker | August 6, 2014
Buy Car In August?
You’re going to see lower transaction prices this month because dealerships are trying to clear out their lots for the newer models rolling in, says Scott Painter, TrueCar’s founder and CEO. August tends to be the last part of this “model-year changeover,” so they’re really pushing inventory with incentives, he says.
Bankrate | August 5, 2014
U.S. Used-Car Prices to Drop as Supply Recovers, ALG Says
Used-car prices in the U.S. are poised to fall as the supply increases because rebounding new-car sales are putting more trade-ins on dealer lots, TrueCar Inc. (TRUE)’s ALG division said.
Bloomberg | August 4, 2014
Automakers Report Robust Results for July Sales
“Incentive spending in July was above this year’s average, taking transaction prices down about one percent,” said John Krafcik, president of TrueCar. “Other than GM and Nissan, every full-line automaker increased incentive spending over last year. With growing discounts and low-interest financing readily available, it’s a great time to buy a car.”
The Detroit Bureau | August 1, 2014
Here Are The July 2014 ‘Big Eight’ US Auto Sales Numbers: GM, Ford, Chrysler, Toyota, Honda, Nissan, Volkswagen, Kia/Hyundai
The average price for a new vehicle ranged between $23,000 and $35,000 with six of the eight top sellers reducing their average motor vehicle transaction price last month compared to July 2013.
International Business Times | August 1, 2014