Even With Supply Constraints, Deals Are Available on Japanese Vehicles According to TrueCar.com
SANTA MONICA, Calif., June 14, 2011 /PRNewswire/ -- Due to the March earthquake in Japan, consumers have been holding back on the purchase of new cars manufactured in Japan because of the impact declining supply may have on pricing and incentives. TrueCar.com, the authority on new car pricing, trends and forecasts, reviewed their latest list of deals, available nationwide, reflecting the possible discount from the Manufacturers Suggested Retail Price (MSRP) and include manufacturer's rebates and other incentives and found that deals are available for Japanese vehicles, including Toyota and Honda vehicles.
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"The perception is that consumers should be in a holding pattern if they are looking to buy Japanese vehicles because of supply constraints and higher prices but an abundant amount of vehicles are available and being discounted," said Jesse Toprak, VP of Industry Trends and Insights for TrueCar.com. "If you're looking to purchase a vehicle, consumers should walk into the dealership having done their research knowing the best price available to them in their area."
Some examples of discounts available on 2011 models include:
|
| Average | Percent | Day Supply As of | |
2011 Mitsubishi Endeavor | $29,094 | $22,645 | 22.2 | 93 | |
2011 Nissan Titan | $28,385 | $23,367 | 17.7 | 199 | |
2011 Toyota Tundra | $25,410 | $22,365 | 12 | 143 | |
2011 Nissan Murano | $30,100 | $27,341 | 9.2 | 87 | |
2011 Acura TL | $36,190 | $32,926 | 9.0 | 62 | |
2011 Infiniti G25 | $32,895 | $30,026 | 8.7 | 127 | |
2011 Mazda Mazda3 | $16.595 | $15,323 | 7.7 | 62 | |
2011 Toyota Avalon | $33,955 | $31,650 | 6.8 | 88 | |
2011 Toyota Sienna | $27,110 | $25,342 | 6.5 | 40 | |
2011 Honda Accord | $22,950 | $21,766 | 5.2 | 112 | |
*Average price is the estimated average transaction price of a vehicle after incentives. ** Percent Discount is rounded to the nearest tenth | |||||
TrueCar.com's Best Local Price tool, provides shoppers the Lowest Certified Price, a "no-haggle" upfront price from nearly 5,000 participating dealers.
To find the estimated discount, average price on some 2011 Japanese vehicles, along with days supply information, please visit the TrueCar Truth Blog at blog.truecar.com.
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 250,000 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.
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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.
Disclaimer
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.
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Jesse Toprak
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=94534
SOURCE TrueCar.com
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