Certified Pre-Owned

JM&A Group and J.D. Power Give Dealers the Leading Edge with the Rollout of Additional F&I Products

Retrieved on: 
Tuesday, January 24, 2023

Power, a global leader in analytics and consumer intelligence, have reinforced their strategic alliance with additional vehicle protection products under the existing umbrella of J.D.

Key Points: 
  • Power, a global leader in analytics and consumer intelligence, have reinforced their strategic alliance with additional vehicle protection products under the existing umbrella of J.D.
  • Power® Edge products, dealers can drive interest among their customers by seamlessly plugging a trusted brand into their existing F&I process, allowing them to enhance consumer confidence.”
    Already, dealers enrolled in the J.D.
  • Power.
  • | J.D.

TrueCar to Participate in Upcoming Investor Conference

Retrieved on: 
Wednesday, January 4, 2023

TrueCar is a leading automotive digital marketplace that lets auto buyers and sellers connect to our nationwide network of Certified Dealers.

Key Points: 
  • TrueCar is a leading automotive digital marketplace that lets auto buyers and sellers connect to our nationwide network of Certified Dealers.
  • With access to an expansive inventory provided by our Certified Dealers, we are building the industry's most personalized and efficient auto shopping experience as we seek to bring more of the process online.
  • Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new, used and Certified Pre-Owned vehicles.
  • As part of our marketplace, TrueCar powers auto-buying programs for over 250 leading brands, including AARP, Sam's Club, Navy Federal Credit Union and American Express.

Sam's Club's Auto Buying Program, Powered by TrueCar, Goes Full Holiday with Promotional Post-Sale Benefit up to $1,000

Retrieved on: 
Tuesday, December 6, 2022

SANTA MONICA, Calif., Dec. 6, 2022 /PRNewswire/ -- The Sam's Club Auto Buying Program, powered by TrueCar, the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, is helping members sleigh the holiday season. During the promotion, running from November 21 through December 30, 2022, members who receive an offer on an eligible vehicle from a TrueCar Certified Dealer, purchase an eligible vehicle from that dealer, and report their purchase will receive a Sam's Club e-Gift Card worth up to $1,000.

Key Points: 
  • Sam's Club is offering their members an additional value this holiday season to help them buy that special gift.
  • Vehicles eligible for a $500 Sam's Club e-Gift Card include new 2022 and 2023: Acura, Alfa Romeo, Audi, Cadillac, Genesis, INFINITI, Land Rover, Lexus, Lincoln, Mercedes-Benz and Volvo.
  • The Sam's Club Auto Buying Program, powered by TrueCar, can be accessed at https://samsclub.truecar.com/ .
  • TrueCar is a leading automotive digital marketplace that lets auto buyers and sellersconnect to our nationwide network of Certified Dealers.

KIA WINS 2023 VINCENTRIC BEST CPO VALUE IN AMERICA AWARD FOR PASSENGER CARS

Retrieved on: 
Thursday, December 1, 2022

IRVINE, Calif., Dec. 1, 2022 /PRNewswire/ -- Kia has been named the winner of the 2023 Vincentric Best Certified Pre-Owned (CPO) Value in America award in the Passenger Car category. Kia propelled to the top spot after four models were recognized as having the best CPO Value America in their respective segments, including the Rio for the third consecutive year and the Soul for the second year in a row.

Key Points: 
  • IRVINE, Calif., Dec. 1, 2022 /PRNewswire/ -- Kia has been named the winner of the 2023 Vincentric Best Certified Pre-Owned (CPO) Value in America award in the Passenger Car category.
  • Kia propelled to the top spot after four models were recognized as having the best CPO Value America in their respective segments, including the Rio for the third consecutive year and the Soul for the second year in a row.
  • Kia Rio Best CPO Value in America: Subcompact segment
    Kia Rio Five-Door Best CPO Value in America: Subcompact Hatchback segment
    Kia Soul Best CPO Value in America: Compact Hatchback segment
    Kia Sorento Hybrid Best CPO Value in America: Hybrid SUV segment
    In addition to the string of awards, Vincentric has also identified two Kia models as having the lowest total cost of ownership:
    Kia Niro Lowest CPO Cost to Own in America: Hybrid SUV segment
    Kia Niro Plug-In Hybrid Lowest CPO Cost to Own in America: EV/PHEV SUV segment
    "Kia's success in this important segment of our industry has continued to grow, and we're now poised to continue thanks to these awards from Vincentric," said Steven Center, COO & EVP, Kia America.
  • The Vincentric Best CPO Value in America Awards use a statistical analysis that incorporates the total cost of ownership and current market price of all CPO vehicles for applicable model years to identify the model with the best CPO value per segment.

TrueCar Survey Shows Electric Vehicle Interest Continues to Grow Nationally With Los Angeles Consumers Ahead of the Curve

Retrieved on: 
Wednesday, November 16, 2022

"Consumers across the nation are continuing to grow in their willingness to consider an EV as their next vehicle purchase," said Mike Darrow, President and CEO of TrueCar.

Key Points: 
  • "Consumers across the nation are continuing to grow in their willingness to consider an EV as their next vehicle purchase," said Mike Darrow, President and CEO of TrueCar.
  • High gas prices and the environmental benefits of EVs are the top factors driving Los Angeles residents' interest in EVs.
  • National Consumer vs. Los Angeles EV Consumer Survey Highlights:
    Consumers' likelihood to purchase an EV as their next vehicle continues to grow nationally, increasing from 52% in March 2022 to 59% in August 2022.
  • Nationally, 31% of consumers reported being "much more likely" to consider EVs due to gas prices.

TrueCar Announces the "I Need a TrueCar" Sweepstakes To Help People Buy a Car

Retrieved on: 
Monday, November 14, 2022

SANTA MONICA, Calif., Nov. 14, 2022 /PRNewswire/ -- TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient, and transparent online destination for buying and selling new and used vehicles, has launched a sweepstakes on TikTok and Instagram to help people buy a car. TrueCar, a company dedicated to making car buying easy, will award 10 individuals $5,000 each to help with their next car purchase. 

Key Points: 
  • TrueCar, a company dedicated to making car buying easy, will award 10 individuals $5,000 each to help with their next car purchase.
  • Anyone can enter the sweepstakes by posting a video on TikTok or Instagram sharing why they need a car with hashtags #ineedatruecar and #truecarsweepstakes in the caption.
  • "Buying a car can be challenging for many reasons: the time commitment, the confusing language, and the hefty price tag.
  • "We have noticed a growing number of people voicing their need for a car and the difficulty in obtaining one.

TrueCar to Participate in Upcoming Investor Conference

Retrieved on: 
Monday, November 14, 2022

TrueCar is a leading automotive digital marketplace that lets auto buyers and sellers connect to our nationwide network of Certified Dealers.

Key Points: 
  • TrueCar is a leading automotive digital marketplace that lets auto buyers and sellers connect to our nationwide network of Certified Dealers.
  • With access to an expansive inventory provided by our Certified Dealers, we are building the industry's most personalized and efficient auto shopping experience as we seek to bring more of the process online.
  • Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new, used and Certified Pre-Owned vehicles.
  • As part of our marketplace, TrueCar powers auto-buying programs for over 250 leading brands, including AARP, Sam's Club, Navy Federal Credit Union and American Express.

TrueCar Honors Vietnam Marine Veteran with Brand New Retrofitted Vehicle for DrivenToDrive Initiative

Retrieved on: 
Thursday, November 10, 2022

SANTA MONICA, Calif., Nov. 10, 2022 /PRNewswire/ -- TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient, and transparent online destination for buying and selling new and used vehicles, has awarded Marine Corps Vietnam veteran Leonard "Len" Johnson of Philadelphia, with a new retrofitted vehicle through its DrivenToDrive initiative. The initiative is made possible in partnership with DAV (Disabled American Veterans) and AutoNation, America's largest and most admired automotive retailer.

Key Points: 
  • The initiative is made possible in partnership with DAV (Disabled American Veterans) and AutoNation , America's largest and most admired automotive retailer.
  • Each year, Johnson also uses his vehicle to drop off toys to the children at his local Catholic Workers Orphanage.
  • TrueCar's DrivenToDrive initiative was started in 2016, inspired by Army Ranger and DrivenToDrive ambassador, Cory Remsburg, who was severely injured while serving in Afghanistan.
  • Through its bold leadership and brand affinity, the AutoNation Brand is synonymous with "DRVPNK" and "What Drives You, Drives Us."

TrueCar Releases Third Quarter 2022 Financial Results and Stockholder Letter

Retrieved on: 
Monday, November 7, 2022

SANTA MONICA, Calif., Nov. 7, 2022 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) today announced financial results for the third quarter ended September 30, 2022 in a stockholder letter, which is available HERE and on the TrueCar investor relations website at ir.truecar.com.

Key Points: 
  • TrueCar hasused and intends to continue to use itsInvestor Relations website ( ir.truecar.com ), LinkedIn , Facebook and Twitter as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.
  • TrueCar is a leading automotive digital marketplace that lets auto buyers and sellers connect to our nationwide network of Certified Dealers.
  • Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new, used and Certified Pre-Owned vehicles.
  • As part of our marketplace, TrueCar powers auto-buying programs for over 250 leading brands, including AARP, Sam's Club, Navy Federal Credit Union and American Express.

TrueCar Expands Its Digital Automotive Marketplace, TrueCar+, to Five Additional States

Retrieved on: 
Thursday, November 3, 2022

SANTA MONICA, Calif., Nov. 3, 2022 /PRNewswire/ -- TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient, and transparent online destination for buying and selling new and used vehicles, is expanding coverage of TrueCar+, its online car buying platform, into five new states—Alabama, Georgia, North Carolina, South Carolina and Tennessee. This expansion of the platform into the Southeast is part of the national roll out plan for TrueCar+, which was originally launched and well-received in Florida.

Key Points: 
  • In addition to launching in the new states, the company has added new capabilities to TrueCar+ that enhance the experience for dealers and consumers participating in the marketplace.
  • "This expansion demonstrates our commitment to delivering a modern marketplace that brings the car buying experience online," said Mike Darrow, President and CEO at TrueCar.
  • Dealers in the five expansion states who are interested in learning more or enrolling in the program can visit https://dealerportal.truecar.com/dealer/plus .
  • TrueCar is a leading automotive digital marketplace that lets auto buyers and sellersconnect to our nationwide network of Certified Dealers.