SYS-CON MEDIA Authors: Trevor Parsons, Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel

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Dodge Journey Tops List of Best Deals in January, According to TrueCar's "Steals on Wheels"

Car-buying platform reveals highest percentage savings on new models in January

SANTA MONICA, Calif., Jan. 23, 2014 /PRNewswire/ -- The Dodge Journey, with a 15.5% savings off MSRP, currently tops the list of the best deals on new vehicles, according to TrueCar, the negotiation-free car buying platform. Published monthly, TrueCar's "Steals on Wheels" analyzes recent transaction prices and identifies opportunities for consumer savings.

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"Conventional wisdom says December is the best month to buy, but in truth, the average transaction prices are actually lower in January," said Larry Dominique, President of ALG and Executive Vice President at TrueCar. "Most consumers would be surprised by the deals already available in January."

Below is a snapshot of the best deals (according to percent off MSRP) on new vehicles in January 2014:

Year/Make/Model/Trim

Segment

MSRP

Market Average

$ Savings /
% Savings

Est. Monthly Payment*

2014 Dodge Journey SXT FWD

SUV

$24,290

$20,518

$3,772/ 15.5%

$294.95

2014 Ram Big Horn, Crew Cab, 4X2, Short Bed

Large Truck

$37,145

$31,459

$5,686/ 15.3%

$452.22

2014 Chevrolet Malibu 3LT

Sedan

$27,575

$24,322

$3,253/ 11.8%

$349.63

2014 Kia Rio Sedan SX Automatic

Small Car

$18,600

$16,457

$2,143/ 11.5%

$236.57

2014 BMW 3 Series 328d Sedan

Luxury Car

$39,525

$35,508

$4,017/ 10.2%

$510.43

*Estimated monthly payments are based on a 3% APR for 60 months with 20% down on the current market average price, and excludes sales tax and other fees and charges that may vary by region or state. Actual APR may be subject to credit approval and other factors. These examples are for information purposes only, and are not an offer to lend. See dealer/lender for details, including actual available offers.

"Market Average" is based on the national average of recent vehicle transactions, including destination and delivery charges after incentives that are subject to change. This does not include tax, title, licensing, documentation or processing fees, other state and governmental charges and/or fees or any other charges or fees allowed by law.

Deals are limited to inventory on hand. A TrueCar Certified Dealer must confirm that actual inventory, including preferred options and colors, is in stock. All deals posted by TrueCar are available nationwide and demonstrate potential new car savings off MSRP, which can include manufacturer's rebates or cash incentives. Incentive and purchasing programs are subject to change by region and should be confirmed with the dealer.

For more information about TrueCar, please visit www.truecar.com, follow @TrueCar on Twitter, or become a fan of TrueCar on Facebook and Google+.

About TrueCar

TrueCar is the negotiation-free car buying platform. TrueCar empowers car buyers by giving them transparent insight into what others actually paid, upfront pricing info, a guaranteed savings certificate and a connection to a trusted TrueCar Certified Dealer to seamlessly complete the car purchase. The reality is buying a car is painful and buyers fear they are going to overpay. TrueCar's transparent upfront pricing information and guaranteed savings certificate make the car buying process simple so buyers never overpay. TrueCar's mission is to prove that truth and transparency are a more profitable way of doing business -- starting with cars. TrueCar users and its Certified Dealers have completed over 1 million automobile transactions since inception, and nearly 400,000 in 2013. Its national network of more than 7,000 TrueCar Certified Dealers is committed to providing negotiation-free savings for some of the country's largest membership and service organizations, including AARP, American Express, AAA, USAA and Consumer Reports. Note: Not all program features are available in all states.  Go to www.truecar.com for program details. TrueCar is a privately held company headquartered in Santa Monica, Calif., with offices in Santa Barbara, Calif., San Francisco, Calif., and Austin, Texas.

SOURCE TrueCar

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