Highlights from this month’s report include:
• The best day of the month to buy a car – discounts projected at 6.62% - falls on February 1st. However, there will be two other days in that period (January 25th and February 8th) that will also be above 6.5% and are great days to buy a car.
• If you are in the market for a Chevrolet and can find a 2009, now is the time. Five of the manufacturer’s models are in TrueCar’s list of Longest Days in Inventory - the Corvette, Impala, Aveo 5, Cobalt and HHR; three are among our greatest discount models - Cobalt, Silverado 1500 and Corvette.
• For 2010 models, Ford and Volvo each have two with the greatest discounts in their respective categories for the month: the Ford Ranger leads all pickups at 17% and Ford Edge bests all sedans at 13%; the Volvo C70 tops all convertibles at 12% while the XC70 is highest among wagons, also at 12%.
• Apparently fears of becoming an orphan owner (owner of a defunct brand) have kept consumers away from Saab, with the 2009 9-3 averaging nearly a year (358 days) in inventory.
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Automotive intelligence covering new car prices, best car deals and more.
January15th, 2009
The Truth Will Prevail
During the last month, TrueCar acquired actual sales We obtain our data directly from car dealers, respected
transaction data for more than 43% of all new vehicles sold dealer management system (DMS) providers, and
within the United States. We continue to work to grow this well-known data aggregators within the automotive space.
number aggressively. As of December 2009, this We also acquire vehicle configuration data, customer and
represents more than 442,000 vehicles sold nationally and dealer incentives data, financing and loan data, vehicle
4.8 million year-to-date. registration an insurance data, and much, much more.
TrueCar is insatiable about data with our goal to find 100% TrueCar believes the greater our informational accuracy, the
of all purchase transactions, even if that means finding the greater benefit we provide to both dealers and consumers.
same transaction multiple times from multiple sources
within the car-buying ecosystem.