TrueCar, headquartered in Santa Monica, CA, is a company that provides new car buyers with transparent vehicle sales data from across the country. Using truecar.com prospective buyers can see exactly what others have paid for the same vehicles.
TrueCar.com is a free service that provides four data points to help customers negotiate better deals. Those include: actual dealer cost, factory invoice, average price paid, and MSRP. What sets TrueCar apart from other pricing websites is that they do not directly sell leads to car dealerships, allowing them to focus on publishing accurate data.
The service is also beneficial to dealerships since it gives them access to market data allowing them to price cars in accordance with customer expectations.
TrueCar also offers customers the option of printing out a no haggle guaranteed pricing certificate. Car buyers can take these into participating dealerships and purchase the car for the discounted price without any bargaining.
124 ‘TrueCar’ Reviews
Scam to provide sales "leads"
This site does nothing more than provide sales leads for subscribing dealers. They don't provide prices for add on equipment that you require. They simply provide an avenue for crooked car dealers to do what they do best.
I purchased a new Xterra from a dealer and the invoice said it was a 2015 model. The vin indicated that it was a 2013, but it had certain requirements, for me, such as factory installed towing package, Bluetooth, over the roof lights etc. These were hard to find but I wanted to see what sort of discount I should have been given for non current year after being lied to.
Truecar only contacted a subscribing dealership which would only provide prices based off 2015 MSRP. They would not provide any technical data or otherwise regarding towing capacity (it did have a rating) or cost of add ons.
It's a sham. I've owned a Acura TL, Mercedes C300, Lexus GS350 and currently Siena SE. I was always able to get a price 10% under invoice price. According to true car these kind of deals don't exist.
They'll have you believe 5% off MSRP is a great deal. 5% off MSRP is a ripoff. I wouldn't be surprised if true car was secretly own and operated by some coalition of auto dealerships to fool the general public into accepting a new guideline of pricing. I absolutely do not trust their opinion of what a great deal is. I'm not even sure I trust what they list as invoice price. I'm digressing here but folks do the foot work. Be nasty with the sales people because they are out to screw you blind. Either way you put it, buying a car is one of the worst investments a person can make. make sure you're getting the best deal by at least visiting 3 dealerships. don't be passive with sales people. also check with brokers too, some of them offer you only what a fleet managers best friend gets. Bottom line. Don't trust true car.
Where do they get their numbers?????
I WORK for a car dealership and have had several customers show me their "truecar" printouts. When this happens, I go straight to the invoice of the vehicle and show it to them as well as provide any rebates they are eligible for. They are usually about $3,000 UNDER what we can actually sell the vehicles for!!! This is turn pisses customers off and when they go to the next dealership and get the same thing, they will either come back to me and purchase or they are so sick of the pricing game they purchase from the dealer they are at. I HATE TRUECAR!!!! I've been selling for a long time and would LOVE to have one of these Truecar idiots come to my dealership!!! I hope more people realize that Truecar DOESN'T SELL CARS!!!
Worked Well For Me
Just bought a new Honda. The dealer honored my True Car certificate. I added a few options but the base price was just as promised. Guess it depends on the dealer.