Military.com Launches New Auto Buying Service Powered by TrueCar

Active Members and Veterans of the Armed Forces Benefit from Haggle-Free Car Buying; Average Savings of $4,025 off MSRP(i)

Sep 08, 2011, 09:00 ET from TrueCar, Inc.

MCLEAN, Va. and SANTA MONICA, Calif., Sept. 8, 2011 /PRNewswire/ -- Buying a car has just gotten much easier for the 10 million registered users of Military.com. The membership organization, which serves active duty personnel in all branches of the U.S. Armed Forces, reservists, guard members, retirees, veterans, family members and defense workers, is now working with TrueCar, Inc., the only transparent publisher of real-time new and used vehicle transaction data in the US market, to provide its members with competitive pricing and a hassle-free online car buying service. TrueCar, Inc. powers the mobile and online car buying marketplace for more than 60 membership and service organizations such as USAA, AAA and American Express, and has helped consumers save more than $1 billion off the MSRP on new cars.

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"Our alliance with TrueCar directly benefits the military car shopper.  This new functionality will allow better visibility on pricing, guidance on the best dealerships, and will alert our members about special deals or discounts available because of their service in the military," said T McCreary, President, Military.com.

Military.com users can access the Car Buying Service at http://military.zag.com/main.html. The program offers users a comprehensive online resource to research new and used cars, the ability to configure a virtual vehicle down to the options, and most importantly, to see competitive upfront price quotes for that vehicle from trusted dealers in their local area. To date, TrueCar's technology has facilitated the sale of more than 300,000 vehicles through a nationwide network of more than 5,000 Certified Dealers.

"We are extremely proud to be associated with Military.com to provide their members, who are comprised of our nation's military service men and women, with a program that not only delivers convenience in the car buying experience, but also provides considerable cash savings," said Scott Painter, CEO of TrueCar, Inc.  

About Military.com

Military.com is the nation's largest military and veteran online news and membership organization serving active duty personnel, reservists, guard members, retirees, veterans, family members, defense workers and those considering military careers. Military.com enables Americans with military affinity to access their benefits, advance their careers, enjoy military discounts, and stay connected for life. Military.com is a business unit of Monster Worldwide Inc. More information is available at www.military.com.

About TrueCar, Inc.

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. As a transparent, visual publisher of new car transaction data, TrueCar.com price reports help both dealers and consumers 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.

(i) Average savings off MSRP through the TrueCar platform through Q2 2011

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Scott Painter
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SOURCE TrueCar, Inc.



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