TrueCar.com Identifies Top Ten Best Deals for the Holidays

As Best Buying Days of December Approach, Great Deals Still Available

Dec 21, 2010, 08:50 ET from TrueCar.com

SANTA MONICA, Calif., Dec. 21, 2010 /PRNewswire/ -- 'Tis the season to buy a new car says TrueCar.com, the authority on new car pricing, trends and forecasts.

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With the year rapidly coming to an end now is a great time to buy a vehicle. As detailed in the recent TrueTrends™ by TrueCar Report, the best days in December to buy are the final three days -- Wednesday, December 29 through Friday, December 31.  

The deals on 2010 and 2011 models can potentially save consumers up to 24 percent including options.  As it gets closer to the end of the year, those percentages are likely to go up based on dealer specific sales quotas.  That, combined with dealers' need to get 2010 models finally off their lots, means that there should be an abundance of great deals available to consumers.

"The end of the year is always a great time to buy a car," said Jesse Toprak, VP of Industry Trends and Insights for TrueCar.com.  "From year-end incentives to dealers and salespeople having sales-based quotas, between now and the end of the year, consumers can get a great deal on a new vehicle "

Some examples of discounts available on 2010 and 2011 models include:

Year*/Make/Model

MSRP

Net Price**

Percent Discount

2010 Chevrolet Silverado 150

$21,845

$16,658

24%

2010 Mercury Mountaineer

$30,295

$23,945

21%

2011 Mitsubishi Endeavor

$29,079

$23,228

20%

2010 GMC Sierra 1500

$29,335

$23,607

20%

2010 Kia Sportage

$17,690

$14,236

20%

2010 Infiniti FX50

$59,875

$49,786

17%

2011 Nissan Altima Hybrid

$27,530

$22,716

17%

2011 Buick Lucerne

$30,495

$26,060

15%

2010 Volkswagen Routan SEL Premium

$43,300

$37,673

13%

2011 BMW 335d

$45,025

$39,549

12%



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.

*Due to nature of manufacturer model years, check with dealer for availability on 2010 models

**Net price is the average transaction price of a vehicle after incentives.

About TrueCar

TrueCar is the authority in new car prices.  We show car buyers and car dealers how much people actually paid for a particular car in a specific local area.  With TrueCar pricing, both new car buyers and new car dealers can know at any time what is considered a good or great price on a new car. Consumers no longer need to walk into a dealership partially informed and fully suspicious – using TrueCar they walk in knowing the price of a fair deal. Dealers benefit by TrueCar's real-time, unbiased information about marketplace pricing, helping them price cars for increased sales, and ultimately gaining market share over other dealers.  Our innovative new car pricing service is offered free of charge on our website at www.truecar.com, on our mobile site at mobile.truecar.com, and via syndication of our tools and pricing data to leading automotive research sites throughout the web.

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.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.

Jesse Toprak

https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=94534

SOURCE TrueCar.com



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