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Blog Category: TrueCar

Big September Sales Figures as Auto Industry Comeback Continues

TrueCar

September 2012 auto sales are expected to show a big increase over the previous September, and the best September sales figures since 2007, as the auto industry continues its rebound, according to a report by TrueCar.

While the sales forecast of 1,163,000 light vehicles in September is down 9.5% from a big August 2012 sales month, that figure is up 10.5% from September 2011.

Biggest September Discounts

Biggest September Discounts

As we near the end of the month (which we already know is the best time to buy a car, right?) it’s a good time to take a look at which 2012 vehicles have the biggest discounts. If you are flexible in your choice of vehicle, you can score some big savings.

TrueCar takes a look each month at what makes, models, and categories are, on average, being discounted the most. Lets take a closer look at their findings.

Languishing on the Lot? Dynamic Deals!

Everything Must Go!

Here's a tidbit about the inner workings of car dealerships that can help save you money. Car dealers don’t buy their new cars outright from the manufacturers, they finance them. For the duration that each car sits on their lot, they pay interest on the financing. When the car is sold, they pay off the loan.

So, putting on our MBA hats and crunching the numbers, it makes sense for a dealer to sell a particular car as quickly as they can; the longer a car sits on the lot, the more interest they pay. The more interest they pay, the lower their profit. Pretty straightforward, right?

Looking For The Best Deals? Find Flexibility.

So you’re in the market for a new vehicle. Let’s say a minivan. You’ve always heard great things about the Chrysler Town & Country; they're packed with cool features, and heck, they invented the segment. But when you finally get down to price, the deal is okay, but nothing spectacular. On a whim you check out the Volkswagen Routan. Eerily similar to the Town & Country. Well it should be; the Routan is mechanically identical. It’s an example of some friendly sharing between the two companies to help VW get a minivan to market quickly without developing their own from scratch.

 The real difference you find though is when you starting talking deals. The VW dealer is giving you much more wiggle room. What gives?

TrueCar Releases TrueTrends Report for June

TrueCar

TrueCar.com recently put out its TrueTrends Auto Industry Intelligence report for the month of June and the information, once again, paints a great picture for consumers in the market to buy a new car. 

The manufacturers are continuing to put solid incentives and rebates out, hoping to entice consumers off of the sidelines.  And with June the kickoff of the bread and butter months for car dealers, they are willing to bend a bit to sell a car or two.

So what is TrueCar telling us and how can it help you get a new car?

TrueCar Adds Black Book Values to ClearBook.com Used Car Site

ClearBook partners with Black Book

The hardest part about trading in your pre-owned car, is knowing if you are getting a fair value for the car.  There are a number of resources, in print and online that can show you what the presumed value is and you can hope that you are making a good deal.

One of the best is Black Book.  No nonsense and completely independent, Black Book offers accurate and up to date pricing based not only on the condition of the car, but of other external markers that shape both the market and the industry.

TrueCar Releases TrueTrends Report for May

Our friends at TrueCar.com recently released the May TrueTrends report, their monthly car buying industry trend report and, as it is jam packed with some fantastic information for new auto buyers, we thought we’d break down some of the more interesting tidbits for you.

According to TrueCar:

Fighting Pump Inflation: What Autos Have A High MPG?

Unless you haven’t been paying attention (or perhaps have been in jail or something), you are fully aware that gas has surpassed the $4 per gallon mark in the US.  In Los Angeles, many gas stations are showing prices at or above $5 per gallon.  Amazing really, considering a year ago gas was hovering below the $3 per gallon mark and showed no real signs of upward mobility.

TrueCar Launches Best Local Price Tool to Help Find Good Deals

A great new tool launched today from one of the top sites for new auto pricing, TrueCar.com. As we outline in other areas of our site on auto prices , TrueCar.com specializes in developing current market based pricing reports on new vehicles showing what other buyers actually paid for their vehicle.