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In January 2011, TrueCar released ClearBook, a used vehicle index that analyzes the used car market in the same way TrueCar did for new cars. [13] [14] In May 2011, TrueCar acquired News Corp-backed Honk.com, a social car shopping platform. [15] In late 2011, TrueCar launched a television advertising campaign with commercials promoting its ...
Users can search for specific cars in their local area and compare listings by price, features, and dealership reputation. [8] The company also offers a discussion platform for car enthusiasts and automotive experts, who submit questions, offer insight, gather and share information, and provide reviews.
Painter at race track with TrueCar Racing. In 2005, Painter founded TrueCar, Inc., which is headquartered in Santa Monica, California. [15] TrueCar is a negotiation-free car buying platform. [4] TrueCar provides car-buyers with a transparent insight into what other buyers have paid, upfront pricing information, and a network of TrueCar ...
Now TrueCar says 60% of its users want to complete the full car buying process online. That’s where a new pilot program in Florida called TrueCar+ comes into play.
Auto Trader granted four months of free advertising to its retailer customers to support them during the COVID-19 pandemic. [26] [27] In 2022, Auto Trader began a partnership with the Office for National Statistics sharing its used car pricing data to power its official measures of inflation, including the Consumer Prices Index. [28]
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In 2015, a fully automated, commemorative coin-operated version of the signature car vending machine opened in Nashville, Tennessee. [5] Carvana currently operates over 30 vehicle vending machines in the US. [6] In April 2017, the company went public and began trading on the New York Stock Exchange under the symbol CVNA. [7]
iSeeCars.com's researchers use their database of more than 30 million car listings to better understand car trends and consumer behavior. Some of the studies conducted by iSeeCars.com included "10 cars most likely to go 200,000 miles" for Consumer Reports, [9] "Tesla cars are worth more used than new" for CNBC, [10] "Men like minivans and hybrids as much as women do" for CBS News, [11] and ...