Chrysler 200 Tops the List of Best Savings in June, According to TrueCar Car-buying site reveals top five models with highest percentage savings off MSRP

SANTA MONICA, Calif., June 18, 2014 /PRNewswire/ -- The Chrysler 200 Touring, with a 15.6 percent average off MSRP, tops June's list of best savings on new vehicles, according to TrueCar, the negotiation-free car buying platform. Published monthly, "TrueSavings" analyzes recent transaction prices and identifies opportunities for consumer savings.

"What's amazing is that TrueCar can now identify, down to the month and day, the best time to buy a car," said Scott Painter, Founder and Chief Executive Officer of TrueCar.  "June is the best time to buy a midsize car, driven by heavy competition and upcoming redesigns of popular models. Never before has this type of data been able to motivate car buying decisions."

The midsize segment average transaction price is $24,894, which equates to $220 in savings vs. the yearly average.

Below is a snapshot of some of the best savings (compared to MSRP) on new vehicles in June 2014:

Year/Make/Model/Trim

Segment

MSRP

Market Average

$ Savings /
% Savings

Est. Monthly Payment*

City / Hwy / Comb MPG

2014 Chrysler 200, Touring

Sedan

$23,990

$20,253

$3,737/ 15.6%

$291

21/31/25.5

2014 Chevrolet Silverado 1500, Reg. Cab, Long Box 2WD 2LT

Large Truck

$33,940

$28,671

$5,269/ 15.5%

$412

18/24/20.9

2014 BMW X1, sDrive28i

Luxury SUV

$31,825

$27,456

$4,369 / 13.7%

$395

23/34/28

2014 Nissan Murano,
2WD S

SUV

$29,390

$25,809

$3,581/ 12.2%

$371

18/24/20.9

2014 Toyota Prius, Two

Small Car

$25,010

$22,332

$2,678/ 10.7%

$321

51/48/49.3

*Estimated monthly payments are based on a 3% APR for 60 months with 20% down on the current market average price, and excludes sales tax and other fees and charges that may vary by region or state. Actual APR may be subject to credit approval and other factors. These examples are for information purposes only, and are not an offer to lend. See dealer/lender for details, including actual available offers.

"Market Average" is based on the national average of recent vehicle transactions, including destination and delivery charges after incentives that are subject to change. This does not include tax, title, licensing, documentation or processing fees, other state and governmental charges and/or fees or any other charges or fees allowed by law.

Below is a snapshot of some of the best manufacturer lease and finance deals currently available in certain regions:

Lease:
2014 Buick Encore: $199/month for 39 months, $1,969 down, 32,500 miles, Exp: 6/30/14
2014 Ford Fusion: $189/month for 24 months, $2,689 down, 21,000 miles, Exp: 7/7/14
2014 Hyundai Sonata: $199/month for 36 months, $2,199 down, 12,000 miles/year, Exp: 6/30/14
2014 Toyota Tacoma: $289/month for 36 months with $999 down, 12,000 miles/year, Exp: 7/7/14
2014 Volkswagen Golf: $219/month for 27 months, $2,349 down, 36,000 miles, Exp: 6/30/14

The deal information is provided for illustrative purposes only, and is not an offer to lease. Results may vary depending on your individual circumstances, including credit approval by dealer/manufacturer.  Deals are subject to change, and are limited to inventory on hand. See your dealer/manufacturer for details, including actual offers available in your region.

Finance:
2014 Acura RLX: 0.9% financing for 60 months, Exp: 7/7/14
2014 Ford Expedition: 0.0% financing for 36 months, Exp: 7/7/14
2014 Kia Forte: 0.0% financing for 60 months, Exp: 6/30/14
2014 Mazda CX-9: 0.0% financing for 60 months, Exp: 6/30/14
2014 Nissan Maxima: 0.0% financing for 60 months, Exp: 6/30/14

The deal information is provided for illustrative purposes only, and is not an offer to lend. Results may vary depending on your individual circumstances, including credit approval by dealer/manufacturer.  Deals are subject to change, and are limited to inventory on hand. See your dealer/manufacturer for details, including actual offers available in your region.

Customer Cash Offers:
2014 Chevrolet Cruze: $4,000 customer cash, Exp: 6/30/14
2014 Chrysler Town & Country: $2,500 customer cash, Exp: 6/30/14
2014 Hyundai Genesis Sedan: $2,500 customer cash, Exp: 6/30/14
2014 Nissan Versa: $3,000 customer cash, Exp: 6/30/14
2014 Toyota Camry: $4,000 customer cash, Exp: 7/7/14

The deal information is provided for illustrative purposes only, and is not an offer to lend. Results may vary depending on your individual circumstances, including credit approval by dealer/manufacturer.  Deals are subject to change, and are limited to inventory on hand. See your dealer/manufacturer for details, including actual offers available in your region.

For more information about TrueCar, please visit www.truecar.com, follow @TrueCar on Twitter or become a fan of TrueCar on Facebook and Google+.

About TrueCar

TrueCar is the negotiation-free car buying platform. TrueCar empowers car buyers by giving them transparent insight into what others actually paid, upfront pricing information, and a network of trusted TrueCar Certified Dealers who provide guaranteed savings certificates and seamlessly complete the car purchase. The reality is buying a car is painful and buyers fear they are going to overpay. TrueCar's transparent upfront pricing information and guaranteed savings certificate make the car buying process simple so buyers never overpay. TrueCar's mission is to prove that truth and transparency is a more profitable way of doing business -- starting with automotive. Its national network of more than 7,000 TrueCar Certified Dealers is committed to providing negotiation-free savings for some of the country's largest membership and service organizations, including AARP, American Express, AAA, USAA and Consumer Reports. Note: Not all program features are available in all states. Go to www.truecar.com for program details. TrueCar is a privately held company headquartered in Santa Monica, Calif., with offices in Santa Barbara, Calif., San Francisco, Calif., and Austin, Texas.

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SOURCE TrueCar.com



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