With nearly 10,000 TrueCar+ listings across
Florida in less than a year, the
company broadens market coverage across the Southeast: Alabama, Georgia, North
Carolina, South Carolina
and Tennessee for new and used
vehicles
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.
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. These
capabilities include comprehensive finance and insurance (F&I)
and accessories menus, communication tools and nationwide delivery,
among others.
"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. "From our research, we know consumers want a
convenient, personalized digital shopping experience, and we want
to help dealers meet consumers where they are with their shopping
preferences."
According to a survey commissioned by TrueCar, nearly two-thirds
(62%) of vehicle shoppers say they would be somewhat or extremely
likely to complete their vehicle purchase transaction online.
Nearly 100 dealers in Florida
are already enrolled in the program with almost 10,000 new, used
and certified pre-owned vehicles in inventory, representing all
major brands. "TrueCar+ allows us to reach more customers online
from all over the country and be able to offer a seamless and
transparent purchase experience. We can now compete with all
digital retailing solutions and reach a vast majority of clients,"
said Ray Kahn, Internet Manager at
Gettel Acura. 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 taking the lead in improving the way vehicle
transactions are being done, making it more efficient, transparent
and confidence-inducing for both dealers and consumers. With
the technology in place and a strong network of dealer partners,
TrueCar+ gives consumers the flexibility to complete more of the
car buying process online, providing dealers with higher-quality
buyers who are ready to complete a purchase. With new solutions for
acquiring quality used inventory directly from consumers, gaining
exposure beyond an immediate market and offering delivery and
logistics for fulfilling orders, we believe TrueCar+ will enable
dealers to boost sales.
About TrueCar
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. When they are ready, shoppers in TrueCar's marketplace
can connect with a Certified Dealer in our network, who shares our
belief that truth, transparency and fairness are the foundation of
a great auto shopping experience. 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.
For more information, please visit www.truecar.com, and follow
us on LinkedIn, Facebook or Twitter. TrueCar media email:
pr@truecar.com
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SOURCE TrueCar.com