We’ve often followed the practical advice that auto analyst firm TrueCar provides to the buying public. Now, the same company is reaching out to members of the U.S. military with a new program, in conjunction with veteran and military membership organization Military.com, that will help members of America’s armed forces to get a better deal on a new or used vehicle. In a press release September 8, the two companies announced a joint program that’s meant to help military buyers by providing more transparency on model pricing and more.
This offer is extended to active-duty personnel, as well as reservists, veterans and others who are registered on Military.com, which is, among other things, a reliable source of information about the many military discounts that these consumers can take advantage of throughout the country. Military members already have access to specialized financing programs, but with the new online auto purchasing service that’s administrated through the Military.com site, these buyers can focus in on the model pricing side, with good competitive price quotes that will help them figure out what a vehicle is really worth. This kind of information is like gold for any prospective car buyer talking to a dealer’s representative or any other seller. Without reliable model pricing information, buyers could get taken advantage of with artificially inflated transaction prices that jack up the cost without really offering more value. Analysts at TrueCar believe that the car buying service provided will work against this kind of price inflation for buyers. The company suggests the program will save buyers an average of over $4000 discounted from MSRP for many vehicles.
Even though military members get many specific pricing and financing deals, anyone can take advantage of the wealth of information provided online when it’s time to look for a new set of wheels. The more research you do, the better off you are at the dealer’s lot. In most auto purchasing or financing, transparency goes a long way toward getting the buyer a lower price and less debt over time on an auto loan. Peruse periodic reports from firms like TrueCar and Kelley Blue Book, and you’ll be poised to take advantage of the most competitive deals in the current market.