TrueCar in the news.
TrueCar to Drop 75 Franchisees In Policy Disputes
Krafcik said TrueCar has been adding dealerships over the past several months at a fast pace. Now it’s time to cull some of those that aren’t offering a top buying experience, he said.
Infractions include failing to provide the price guaranteed a customer through the TrueCar site, he said. TrueCar Executive Vice President Larry Dominique said those being dropped typically received at least “two strikes,” or warnings, before being dropped.
Automotive News | June 26, 2014
Auto Dealer Profits Not as High as Customers Think
Customers believe that dealers make about a 20 percent profit on the sale of $30,000 car, according to the survey paid for by TrueCar.com. The actual profit margin is an average of 3.8 percent, according to figures from the National Automotive Dealers Association.
The Columbus Dispatch | June 25, 2014
Buying a Car? How to Save Money at the Dealership.
But for the biggest savings, buy a car in August, when the highest discounts are offered on the current year’s models and the dealers increase incentives, according to TrueCar, an automotive data company that provides a negotiation-free car-buying platform.
The Christian Science Monitor | June 24, 2014