If you’re shopping for a new car, you may have heard about car-buying services that promise to save you a few thousand of dollars off the sticker price.
I’m writing about car-buying services. I’d like to hear from readers who have bought cars with the help of TrueCar or another buying service. What was the experience like for you? Did you get a good price on the car you wanted?
Buying services are available through organizations including auto clubs and credit unions. You figure out what car you want to buy; you learn detailed pricing information about how much your local dealer is likely to pay the manufacturer for that car; and you receive competitive bids from dealers – all online.
TrueCar claims that its users “save an average of $3,078 off” the manufacturer’s suggested retail price. Consumer Reports, which actually uses TrueCar for its “ Build & Buy Car Buying Service,” pegs average savings at $2,919.
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The Costco Auto Program works through a different company called Affinity Development Group.
Please share your experience with a car-buying service. Email me at email@example.com. Don’t forget to include your name and your daytime phone number, so I can contact you.