TrueCar Continues to Revolutionize the Car Buying Experience with the Launch of the New TrueCar+
Whereas other online car shopping platforms are limited to used vehicles only, do not include key purchasing steps, or are exclusive to a single brand, TrueCar+ offers a seamless buying solution that combines
TrueCar+ advances the company's mission to eliminate the traditional complexities and uncertainties associated with buying a car, providing consumers with a more informed and straightforward journey from search to a completely online purchase.
True to our business model, we partner directly with dealers and bring value to their operations by empowering them to leverage our marketplace to effectively extend their sales efforts 24/7, streamline their workflow, and grow their target market from a constrained local focus to a nationwide consumer base.
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Shop New, Used, and Certified Pre-Owned Inventory: Car buyers are able to shop an extensive inventory of new and pre-owned vehicles. Whether searching for a brand-new model or a reliable used car, buyers can explore a wide range of options tailored to their needs and preferences.
TrueCar plans to expand TrueCar+ inventory through the strategic addition of more dealerships across the country over the next 12 months. - Transparent Pricing: With TrueCar+, consumers can get firm upfront price offers on any vehicle in stock. This transparency extends to all aspects of the car buying process, including financing options and trade-in values, ensuring that consumers can make informed decisions with confidence.
- Convenient Online Financing: TrueCar+ enables dealers to offer a variety of online financing solutions directly through its platform, allowing buyers to compare rates, get pre-approved, and secure competitive loans without leaving the comfort of their homes. This eliminates the need for multiple dealership visits and streamlines the buying process.
- Trade-In Options: TrueCar+ simplifies the trade-in process by providing guaranteed instant trade-in values and offers without the need for time-consuming in-person vehicle inspections. Consumers can quickly and easily understand the value of their current vehicle and apply it towards their new purchase, making it an easy and seamless experience. Consumers can arrange pick-up of their trade-in online through TrueCar+.
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Seamless Home Delivery: TrueCar+ features a home delivery service, enabling consumers to complete the entire purchase process online and have their vehicle delivered directly to their doorstep. Used vehicles are available for delivery throughout the contiguous
United States , excludingMassachusetts andNew York . Initially, new vehicles will be available for delivery only in theSan Francisco Bay Area . We expect the delivery area to rapidly expand to cover all ofCalifornia . - Accessories, Services, and Customer Support: TrueCar+ enables the dealer to offer an extensive online selection of compatible accessories, additional warranties, maintenance packages, and protection products that consumers can add on during the online checkout process. In addition, TrueCar+ car shoppers benefit from dedicated customer service support, resulting in a smoother, more worry-free car buying and ownership experience.
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Forward-Looking Statements
This press release contains forward-looking statements. All statements contained in this press release other than statements of historical fact are forward-looking statements, including statements regarding the expansion of our TrueCar+ offering, including the geographic expansion and timing thereof and expansion through the addition of participating dealers and inventory as well as our ability to eliminate traditional complexities and uncertainties associated with car buying. These forward-looking statements are subject to a number of risks, uncertainties and assumptions that may prove incorrect, any of which could cause our results to differ materially from those expressed or implied by such forward-looking statements, and include, among others, those risks and uncertainties described under the heading "Risk Factors" in our Annual Report on Form 10-K for the year ended
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