SANTA MONICA, Calif. — TrueCar.com, the only transparent publisher of real-time new (TrueCar.com) and used (ClearBook.com) vehicle transaction data in the US market, has found the best new car deals on vehicles including cash, finance and lease deals available nationwide, and is forecasting that Saturday, September 24th will be the best day of the month to purchase a vehicle with an average discount of 8.2 percent, according to data from its September 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:
|Year/Make/Model||MSRP||Estimated Net Price*||Percent Discount**|
|2011 Nissan Titan||$28,385||$22,497||20.7|
|2011 Volvo S80||$38,025||$31,631||16.8|
|2011 Chevrolet Malibu||$23,735||$19,946||16.0|
|2011 Chrysler 200||$24,695||$21,035||14.8|
|2011 Ford Expedition||$42,710||$36,502||14.5|
|*Estimated Net price is the estimated average transaction price of a vehicle after incentives.|
** Percent Discount is rounded to the nearest tenth
- 2011 Buick Enclave – 0% financing for up to 60 months (Expires: 10/31/2011)
- 2011 Ford Fusion – 0% financing for up to 6 months (Expires: 10/03/2011)
- 2012 Hyundai Elantra – 0% financing for up to 60 months (Expires: 09/30/2011)
- 2011 Kia Sedona – up to 1.9% financing for 60 months plus $3000 bonus or customer cash (Expires: 10/03/2011)
- 2011 Toyota Camry LE – 0% financing for up to 60 months (Expires: 09/06/2011)
- 2012 Audi Q5 2.0T – $499 per month for 39 months with $3,193 due at signing and 10,000 miles annually (Expires: 11/01/2011)
- 2011 Hyundai Sonata – $199 per month for 36 months with $2,399 due at signing and 12,000 miles annually (Expires: 09/30/2011)
- 2012 Infiniti M37 – $549 per month for 39 months with $2,999 due at signing and 10,000 miles annually (Expires: 09/30/2011)
- 2012 Jaguar XF – $649 per month for 36 months with $3,995 due at signing and 10,000 miles annually (Expires: 09/30/2011)
- 2012 Volkswagen Passat – $219 per month for 36 months with $1,999 due at signing and 12,000 miles annually (Expires: 09/30/2011)
Once consumers have identified the best vehicle 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 over 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.
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