How Does True Car Work

How Does True Car Work

How Does True Car Work – Right now more than ever, car buyers are craving that “no hassle” experience. That they no longer want to deal with the “let me talk to my manager” forward and backward in order to get a good price. Enter TrueCar, the website that is expected to “bring more openness to car-buying”, and even promises that you will “never overpay. ” Applying a barrage of advertising, TrueCar has been picking up serious momentum recently. They have recruited previous Hyundai CEO John Krafcik with their board of administrators and also have recently filed for an IPO. TrueCar is set to make a major impact, but who is going to benefit most, consumers or dealerships?

Prior to I commence I want to disclose that I have always been a car-buying consultant. Persons pay me a cost to help them choose the best vehicle, and negotiate with them to get the best deal. I am providing a service that individuals could do themselves, but for unkown reasons, be it time or confidence would rather have an expert take action for them. My spouse and i do not view TrueCar as a competitor because we are serving different clients; I am paid by the car-buyer ($250-$500 depending on package) and TrueCar is paid by the dealerships. I use TrueCar as a tool among many tools to get the best package possible. That being said, if a consumer will use this tool they should recognize how effective it is.

When TrueCar first hit the scene, they dropped a bomb how cars were sold. Stores would fight tooth and nail to out low-bid each other. Buyers in the early days injure up with serious cost savings, and dealers were often taking losses on a car just to “win.”.

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