A new website, truecar.com, has launched with a goal of providing consumers with information about quoted prices at local auto dealers that will allow them to know if they are or are not getting a good deal. They supposedly collect actual pricing information from public records, lenders, etc. and eventually will offer vehicle sales through their website.
I’m the kind of person that hates buying a car because no matter what I feel like I’m going to feel like I got ripped off. At least with a site like truecar.com maybe I’ll be that much more educated and at least feel like I came away with a deal. A lot is going to depend on how reliable/accurate their data tends to be. Sites like Zillow have tried to do the same thing with houses to mixed reviews. I would think that crunching data with cars will be easier since there are more transaction and a 2009 Toyota Sienna XLE is the same whether you are buying it in Minneapolis or Bismarck.