SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasts, has found the best deals on new cars including cash, finance and lease deals available nationwide, and is forecasting that August 27th is the best day of the month to purchase a new vehicle, according to data from its latest TrueTrends Report. The cash deals reflect the possible discount from the Manufacturers Suggested Retail Price (MSRP) and include manufacturer’s rebates and other incentives.
Some examples of discounts available on 2011 and 2012 models include:
|2011 Mitsubishi Endeavor||$29,109||$22,519||22.6|
|2011 GMC Sierra 1500||$26,775||$21,374||20.2|
|2011 Chevrolet Malibu||$23,735||$19,993||15.8|
|2011 Nissan Maxima||$32,510||$27,575||15.2|
|2011 BMW 3 Series||$45,025||$39,105||13.1|
|*Estimated Net price is the estimated average transaction price of a vehicle after incentives.
** Percent Discount is rounded to the nearest tenth
- 2011 Chrysler Town & Country – 0% financing for 60 months (Expires: 09/06/2011)
- 2011 Kia Optima – 1.9% financing for up to 36 months (Expires: 09/06/2011)
- 2011 Honda Accord– 0.9% financing for 36 months (Expires: 09/06/2011)
- 2011 Mazda6– 0% financing for up to 60 months (Expires: 08/31/2011)
- 2012Volvo S60 – 0% financing for up to 72 months (Expires: 08/31/2011)
- 2011 Buick Regal – $259 per month for 36 months with $1,799 due at signing (Expires: 09/06/2011)
- 2011 Chrysler 200 – $199 per month for 39 months with $2,999 due at signing (Expires: 09/06/2011)
- 2011 Ford Escape– $219 per month for 24 months with $2,913 due at signing (Expires: 10/03/2011)
- 2011 Hyundai Equus – $739 per month for 36 months with $2,999 due at signing (Expires: 08/31/2011)
- 2011 Volkswagen Jetta – $179 per month for 36 months with $2,199 due at signing (Expires: 08/31/2011)
Once consumers have identified the best new car for them, TrueCar.com’s Best Local Price tool provides shoppers the Lowest Certified Price, a “no-haggle” upfront price from participating dealers. For more information about the pros and cons of leasing and getting a better deal through leasing, please visit the TrueCar Blog
TrueCar, Inc. is an automotive solutions provider focused on changing how cars are sold by providing a significantly better customer experience while helping qualified dealer partners to gain incremental market share and reduce costs. TrueCar.com is a transparent, visual publisher of new car transaction data. TrueCar.com price reports help both dealers and consumers to agree on the parameters of a fair deal by providing an accurate, comprehensive and simple understanding of what others actually paid for the identically equipped new car over the last 30 days both locally and nationally. TrueCar, Inc. works with a national network of nearly 5,000 Certified Dealers that provide up-front, no-haggle, competitive pricing to assist some of the nation’s largest and most well respected membership and service organizations to meet the auto buying needs of their members and customers. These partnerships include American Express, AAA, USAA and more than 60 others. Collectively these audiences represent over 1M in-market customers each month. TrueCar, Inc. is headquartered in Santa Monica, CA and has offices in San Francisco. The company was founded in 2005 and has been profitable since 2009. With nearly 200 percent year-over-year growth TrueCar has driven over 300,000 sales and is developing a suite of transaction oriented products and services centered on transparency and radical clarity as a result of comprehensively analyzing market data and information.
About TrueCar Data
TrueCar obtains data directly from numerous sources including automotive dealers, technology companies, data aggregators, and analytics companies within the automotive space. We also acquire vehicle configuration data, customer and dealer incentives data, financing and loan data, vehicle registration and insurance data, and much, much more. TrueCar is insatiable about data with our goal to find 100% of all purchase transactions, even if that means finding the same transaction multiple times from multiple sources within the car-buying ecosystem. Our data is among the most timely and comprehensive in the industry, as we are able to process most car sales within a week of the actual sales date, and have a substantial fraction on the site within 48 hours of the actual sale. TrueCar believes the greater our informational accuracy, the greater benefit we provide to both dealers and consumers.
This press release and the information contained herein is for noncommercial use on “as-is, as available” basis and may be used for informational purposes only. TrueCar makes no representations or warranties, express or implied, with respect to the information contained in this press release and the results of the use of such information, including but not limited to implied warranty of merchantability, fitness for a particular purpose and non-infringement. The information contained in this press release may include technical inaccuracies or typographical errors. Neither TrueCar nor any of its parents, subsidiaries, affiliates or respective partners, officers, or directors, employees or agents shall be held liable for any damages, whether direct, incidental, indirect, special or consequential, including without limitation lost revenues or lost profits, arising from or in connection with your use or reliance on the information presented in this press release.