The truth is, the press has some great things to say about TrueCar.
Used Car Prices To Fall
ALG, the analytics division of TrueCar says before 2008 the average new vehicle retained 46% of its value after 3 years. As of June of this year that number has jumped to about 54.5%. But ALG forecasts that by 2017, new vehicles will retain about 49% of their value and by 2019 it will be back to pre-2008 levels. So, if you’re thinking about getting rid of that old ride, do it now.
Autoline | August 7, 2014
Data Shows August is the Best Month for New Car Buying
If you’re in the market for a new car, now is the time to buy, a new report finds.
Car pricing firm TrueCar scoured its historical data and found that August is the best time to buy a new car. Over the last five years transaction prices have averaged $29,296 in August, or $716 lower than the median price for the rest of the year.
Left Lane | August 6, 2014
August Best Time to Buy a New Vehicle, TrueCar Says
Forget December. If you want to buy a new car or truck, you should shop in August, according to auto-buying website TrueCar.com.
Analysts says new car and truck prices over the past five years in August have averaged $29,296. That’s $169 lower than any other month.
The Columbus Dispatch | August 6, 2014
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