SANTA MONICA, Calif.,
Oct. 10, 2011 /PRNewswire/ --
TrueCar, Inc. the only transparent publisher of real-time new
(TrueCar.com) and used (ClearBook.com) vehicle pricing data
in the US market, has announced that it will power the online car
buying programs for AAA Oklahoma/South
Dakota and AAA Hoosier - providing members with guaranteed
upfront pricing and a haggle-free car buying experience on new cars
-- and additional convenience and value for customers who already
turn to the organization for roadside assistance and numerous other
auto-related services.
(Logo:
http://photos.prnewswire.com/prnh/20110401/LA75616LOGO)
The AAA Oklahoma/South Dakota
and AAA Hoosier clubs are the 21st and 22nd AAA organizations to
provide an online car buying service to its members that is powered
by TrueCar. Each represents a membership of over 400,000
drivers and their families in their respective territories.
Using the TrueCar powered online car buying program, AAA members
can locate low local prices for thousands of vehicle makes and
models -- discovering what others paid for their car – and then
receiving an even better price from one of TrueCar's 5,000+
Certified Dealers nationwide.
"TrueCar, like AAA is all about providing convenience and value
to the consumer," said Chuck Mai,
Spokesman for AAA Oklahoma/South
Dakota of AAA. "Our membership expects the best
service and value for their dollar – which is why we believe our
partnership with TrueCar and their free, convenient way to save
money on a new car purchase, is such a natural fit."
"AAA represents the gold standard in terms of auto-related
services," said Bernie Brenner,
Chief Strategy Officer of TrueCar, Inc. "TrueCar is proud to
offer AAA members a revolutionary way to save time and money on
their new car purchase. Additionally, we believe that AAA
members can expect the same high level of customer service from our
network of certified dealers as they receive from AAA-approved auto
repair businesses."
To date, TrueCar has facilitated the sale of over 350,000
vehicles – saving consumers over $1
billion off of Manufacturers Suggested Retail Price
(MSRP).
The partnership announcement comes on the heels of TrueCar's
purchase of ALG from DealerTrack Holdings, Inc. (NASDAQ: TRAK), the
industry-leading source for automotive residual values and the
recent securing of over $200 million
in debt and equity financing to fund the development of new revenue
streams, growth and strategic acquisitions.
About TrueCar, Inc.
TrueCar, Inc. has changed how cars are sold by providing a
significantly better customer experience -- helping qualified
dealer partners gain incremental market share and reduce costs. As
a transparent, visual publisher of new car transaction data,
TrueCar.com price reports help both dealers and consumers agree on
the parameters of a fair deal by providing an accurate,
comprehensive and simple understanding of what others actually paid
for the identically equipped new car over the last 30 days both
locally and nationally.
TrueCar, Inc. is headquartered in Santa Monica, CA and has offices in
San Francisco and Austin. The company was founded in 2005 and
has been profitable since 2009. With 131% annual growth since 2006,
TrueCar has driven over 350,000 sales and is developing a suite of
transaction oriented products and services centered on transparency
and radical clarity as a result of comprehensively analyzing market
data and information. You can follow TrueCar on Twitter and become
a fan of TrueCar on Facebook.
About AAA
As North America's largest
motoring and leisure travel organization, AAA provides more than 52
million members with travel, insurance, financial and
automotive-related services. Since its founding in 1902, the
not-for-profit, fully tax-paying AAA has been a leader and advocate
for the safety and security of all travelers. AAA clubs can be
visited on the Internet at AAA.com.
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Scott Painter
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SOURCE TrueCar.com