Presidents Day Provides Shoppers with Deals According to TrueCar.com

Three-Day Weekend Can Provide Over Seven Percent Discount on New Vehicle Purchases

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Feb 17, 2011, 08:50 ET

SANTA MONICA, Calif., Feb. 17, 2011 /PRNewswire/ -- This weekend, while we honor all of our past Presidents with the observance of Presidents Day, consumers can celebrate the savings on dealership lots with possible discounts of up to 26 percent on 2011 models. TrueCar.com, the authority on new car pricing, trends and forecasts, has estimated the best possible discounts available for consumers as they shop for a new vehicle this holiday weekend. The deals, available nationwide, reflect the possible discount from the Manufacturers Suggested Retail Price (MSRP) and include manufacturer's rebates and other incentives.

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"Presidents Day is a popular weekend for car buyers and the average savings can exceed seven percent," said Jesse Toprak, VP of Industry Trends and Insights for TrueCar.com. "Discounts will be available on most models but consumers should research the best possible price before hitting the dealership lots."

Some examples of discounts available on 2011 models include:

Year/Make/Model	MSRP	Estimated Net Price*	Percent Discount**
2011 Nissan Titan	$27,490	$20,343	26
2011 Mitsubishi Galant	$22,344	$16,981	24
2011 Ford Focus	$16,995	$13,086	23
2011 Volkswagen CC	$28,300	$23,489	17
2011 BMW 3 Series	$34,025	$28,241	17
2011 Jeep Liberty	$23,995	$20,156	16
2011 Honda Civic Sedan	$16,405	$13,944	15
2011 Chevrolet Silverado 1500	$21,485	$18,568	15
2011 Hyundai Azera	$25,745	$22,141	14
2011 Toyota Camry	$20,155	$18,140	10

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

** Percent Discount is rounded to the nearest tenth

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.

To find the estimated discount and net price on 2011 vehicles during Presidents Day, please visit the TrueCar Truth Blog.

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.

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Jesse Toprak

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

SOURCE TrueCar.com