automotive intelligence covering new car prices, best car
TRANSCRIPT
AUTOMOTIVE INTELLIGENCE COVERING NEW CAR PRICES, BEST CAR DEALS AND MORE
September, 2011
PRESENTS
TrueTrends™
Table of Contents
1September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
TrueCar’s Price Flex Score7The TrueCar Price Flex Score measures the elasticity of transaction price by model. The Price Flex Score calculation dynamically incorporates the factors that affect price variance including the model’s transaction price range, current inventory and sales data. A vehicle experiencing extremely low inventory and a small range of transaction prices will have a low Price Flex Score. Don’t expect much of a discount from the TrueCar average transaction price on a vehicle with a low Price Flex Score. If a vehicle has a high Price Flex Score, however, you have the potential to strike a deal significantly below (or above, if you’re not careful!) the TrueCar average transaction price.
Performance Scorecards
2
The TrueCar Scorecard measures the overall performance of a brand or manufacturer based on pricing, sales, incentives, customer loyalty, market share, and inventory turn data.
Greatest Discounts9Featuring the highest discounts on 2011 and 2012 models. 2011 model year Large Trucks, Large Cars, Large SUVs, and Luxury Cars offer the greatest discounts at an average below MSRP of 8% or higher. The top 2011 brands with the biggest discounts are Chevro-let, Ram, Mercedes-Benz, Ford, and Nissan. 2012 brands witht he biggest discounts are Acura, Nissan, BMW, Mercedes-Benz, and Ford. The overall industry discount is about 7.6%.
Best and Worst Days to Buy a Car
11
Saturday, October 1st, will be the day consumers can expect the best buys for the month, with a projected discount of 8.43% from MSRP.
Largest Total Incentives for September
12This month, the 2011 Cadillac STS has the largest total incentives with $9,000 in dealer cash.
Greatest Price Drop Month over Month13For each body type, TrueCar.com tracks the average transaction price for each trim and lists the vehicles with the greatest drop in price month over month. This month’s greatest drop in price is in the luxury sport car segment, with a $809 difference from last month on the 2012 Audi A7.
Shortest and Longest Days in Inventory14Large Trucks, Large Cars, and Large SUVs are where the best potential inventory-based discounts will be seen. On average, Large Trucks are staying in inventory for 75 days, while Large Cars and Large SUVs are on-lot for 71 and 69 days respectively. The average days in inventory is 50 days. Subcompact cars have an average inventory stay of 32 days, Small Cars and Luxury SUVs at 35 days, and Minivans at 40 days.
Model Year Share15Model Year Share shows the percentage of 2011 and 2012 model year vehicles that have been sold within the last month. The makes with the highest percentage of 2011 Model Year Share are Subaru, Lexus, Saab, Land Rover, and Toyota. Model year 2012 vehicles make up 26.2% of the market.
4
TrueMPG™The goal of TrueMPG™ is to measure the actual miles per gallon of all vehicles sold in a given month. Calculations start at the trim level, taking into account EPA fuel economy data that includes engine size and drivetrain factors that affect a vehicle’s MPG ratings. TrueMPG™ aims to illustrate the actual MPG’s of each brand, manufacturer and vehicle segments to give consumers, media, and the industry a better understanding of fuel efficiency. To ascertain TrueMPG™, TrueCar utilizes the EPA’s average fuel economy rating using 45 percent highway and 55 percent city driving behavior. The overall industry MPG is 21.7 for August 2011.
smart
Fiat
MINI
Hyundai
Volkswagen
Scion
Kia
Honda
Mazda
Suzuki
Subaru
Toyota
Nissan
Mitsubishi
Lexus
Audi
Chrysler
Chevrolet
Acura
Buick
Volvo
Ford
Lincoln
Dodge
Saab
Infiniti
BMW
Cadillac
Porsche
36.2
32.5
30.3
27.1
26.6
25.8
25.1
24.4
23.9
23.7
23.5
23.3
23.2
22.5
22.3
22.3
21.0
21.0
20.7
20.5
20.5
20.4
20.3
20.3
20.1
20.0
19.9
19.1
19.0
36.2
28.1
30.0
25.3
26.3
26.0
23.7
23.7
23.9
23.8
23.5
22.8
23.0
23.3
22.2
21.4
20.8
21.3
20.2
20.4
20.3
20.5
19.6
20.1
21.7
19.8
20.1
18.9
18.3
36.2
N/A
30.1
26.3
25.0
25.1
24.7
24.0
23.4
23.0
23.1
23.7
22.7
23.0
21.5
22.3
19.6
20.5
19.8
20.1
19.9
20.0
19.4
19.9
22.3
19.6
20.3
19.0
17.8
-
N/A
0.2
0.9
1.6
0.7
0.3
0.3
0.5
0.7
0.4
-0.4
0.4
-0.5
0.9
-
1.4
0.5
0.8
0.4
0.6
0.4
0.9
0.4
-2.2
0.4
-0.5
0.1
1.2
-
4.4
0.3
1.9
0.3
-0.2
1.4
0.7
-
-0.1
-
0.5
0.1
-0.8
0.2
0.9
0.2
-0.4
0.4
0.1
0.1
-0.1
0.7
0.2
-1.6
0.2
-0.3
0.2
0.7
Brand August, 2011 July, 2011 August, 2010 Change YoY Change MoM
2September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
TrueMPG™
TrueMPG™ by Brand
Jeep
GMC
Mercedes-Benz
Jaguar
Ram
Land Rover
Industry
18.6
18.5
18.5
18.1
15.5
14.3
21.7
18.5
18.7
18.0
18.1
15.6
14.1
21.6
18.4
18.3
18.8
18.0
15.8
14.4
21.6
0.2
0.3
-0.4
0.1
-0.2
-0.1
0.1
0.1
-0.1
0.5
-
-
0.1
0.1
Brand August, 2011 July, 2011 August, 2010 Change YoY Change MoM
TrueMPG™ ( Continued... )
3September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
TrueMPG™ by Manufacturer
BMW
Chrysler
Daimler
Ford
GM
Honda
Hyundai
Jaguar
Mazda
Mitsubishi
Nissan
Porsche
Saab
Subaru
Suzuki
Toyota
Volkswagen
Volvo
Industry
N/A
20.4
N/A
20.5
21.8
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
23.2
N/A
N/A
21.3
LargeCar
N/A
17.7
N/A
15.7
17.8
N/A
N/A
N/A
18.7
N/A
14.6
N/A
N/A
N/A
N/A
15.1
N/A
N/A
17.5
LargeSUV
N/A
15.5
N/A
16.6
17.1
16.9
N/A
N/A
N/A
N/A
14.3
N/A
N/A
N/A
N/A
15.6
N/A
N/A
16.5
LargeTruck
21.4
N/A
19.7
21.2
20.1
23.3
21.4
18.1
N/A
N/A
21.3
18.7
21.7
N/A
N/A
24.4
23.7
21.7
21.5
LuxuryCar
17.5
N/A
17.7
N/A
18.4
N/A
N/A
17.9
N/A
N/A
21.1
20.2
N/A
N/A
N/A
21.1
21.8
20.9
20.2
LuxurySport Car
17.4
N/A
16.5
19.0
18.3
18.4
N/A
14.3
N/A
N/A
17.4
18.2
15.1
N/A
N/A
20.1
20.9
19.2
18.1
LuxurySUV
N/A
23.7
N/A
25.3
23.1
25.5
27.1
N/A
23.9
24.3
24.3
N/A
N/A
24.2
25.1
25.1
24.4
N/A
24.8
MidsizeCar
N/A
18.0
N/A
20.5
23.1
21.4
22.9
N/A
22.5
16.9
21.2
N/A
N/A
17.9
N/A
20.4
21.3
N/A
20.9
MidsizeSUV
N/A
19.3
N/A
N/A
N/A
21.4
20.6
N/A
23.7
N/A
21.0
N/A
N/A
N/A
N/A
20.0
19.9
N/A
20.1
Minivan
N/A
25.0
N/A
31.1
28.7
32.1
30.7
N/A
26.0
25.5
30.3
N/A
N/A
22.3
N/A
33.8
29.3
N/A
30.0
SmallCar
28.2
20.2
N/A
22.9
N/A
21.0
25.3
N/A
23.2
25.4
28.0
N/A
N/A
23.2
21.1
N/A
21.1
N/A
22.7
SmallSUV
N/A
N/A
N/A
16.4
18.6
N/A
N/A
N/A
N/A
N/A
16.6
N/A
N/A
N/A
17.5
17.7
N/A
N/A
17.3
SmallTruck
30.8
18.4
N/A
21.1
20.1
N/A
22.4
N/A
23.0
22.6
20.6
N/A
N/A
N/A
N/A
N/A
25.5
N/A
21.5
SportCar
N/A
32.5
36.2
31.7
29.6
30.5
29.4
N/A
30.0
N/A
N/A
N/A
N/A
N/A
25.7
27.2
N/A
N/A
29.9
SubcompactCar
TrueMPG™ by Brand ( Continued... )
4September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
Brand Performance Scorecard
Discount Percentage
Brand Performance Scorecard
Jeep
GMC
Land Rover
Hyundai
Audi
Scion
Subaru
Buick
Cadillac
Toyota
Kia
BMW
MINI
Nissan
Chrysler
Infiniti
smart
A+
A+
A+
A
A
A
A-
A-
A-
B+
B+
B+
B+
B
B
B
B-
Brand Grade ChgDiscount
PercentagePrice
VariationCustomer
LoyaltyRetail
Sales ChangeTrueCar Price
TrendingIncentives/
PriceMarket
Share ChangeDays in
Inventory
Strong Weak
Transaction price over MSRP for the last 30 days. The lower the discount the higher the grade.
GradeOverall performance grade compared to the other brands or manufacturers.
Price VariationStandard deviation of transaction price over MSRP over the last 30 days. The lower the variation the higher the grade.
Customer LoyaltyPercentage of new-vehicle buyers who are replacing their current car or truck with the same brand. The higher the loyalty percentage the higher the grade.
Retail Sales ChangeA year over year comparison of change in retail sales per brand or manufacturer. The higher the change percentage the higher the grade.
TrueCar Price TrendingAverage price of vehicles published on Truecar.com (normalized by MSRP). It is based on the change of this month’s average TrueCar Price/MSRP relative to the average TrueCar Price/MSRP over the last twelve months. The lower the change the higher the grade.
Incentives/PriceA measurement of incentives per unit over transaction price. The lower the ratio the better the grade.
Market Share ChangeA year over year calculation of a brand or manufacturer’s U.S. market share. The higher the change the better the grade.
YEAR OVER YEAR COMPARISONS LOOK AT August 2011 OVER August 2010.
Days in InventoryAverage number of days to sell a vehicle once it reaches a dealership lot. The lower the number of days, the higher the score.
Grade Change Since Last Month
5September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
Brand Performance Scorecard
Brand Performance Scorecard ( Continued... )
Brand DiscountPercentage
PriceVariation
CustomerLoyalty
Retail Sales Change
TrueCar PriceTrending
Incentives/Price
Market Share Change
Days inInventory
Strong Weak
Lexus
Lincoln
Porsche
Chevrolet
Dodge
Volkswagen
Volvo
Ram
Acura
Mitsubishi
Ford
Mercedes-Benz
Mazda
Suzuki
Honda
Jaguar
Saab
B-
C+
C+
C
C
C
C
C-
C-
C-
D+
D+
D+
D
D
D
D-
Grade Chg
Grade Change Since Last Month
Manufacturer Performance Scorecard
Hyundai
Jaguar Land Rover
Subaru
BMW
Toyota
GM
Nissan
Chrysler
Porsche
Volkswagen
Volvo
Mitsubishi
Mercedes-Benz
Ford
Mazda
Suzuki
Honda
Saab
Manufacturer DiscountPercentage
PriceVariation
CustomerLoyalty
Retail Sales Change
TrueCar PriceTrending
Incentives/Price
Market Share Change
Days inInventory
Strong Weak
6September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
Manufacturer Performance Scorecard
A+
A
A
A-
B+
B
B
B-
B-
C+
C+
C+
C
C
C-
C-
D+
D
Grade Chg
Grade Change Since Last Month
7September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
Least and Most Flexible 2011 Vehicles ( by Vehicle Category )
Least Flexible 2011 Models Most Flexible 2011 Models
Price Flex Scores for 2011
Chevrolet Impala (Score: 6)
GMC Yukon (Score: 8)
Chevrolet Avalanche (Score: 32)
Audi A3 (Score: 1)
Audi S4 (Score: 2)
Audi Q7 (Score: 1)
Volkswagen CC (Score: 23)
GMC Terrain (Score: 9)
Dodge Grand Caravan (Score: 7)
Nissan LEAF (Score: 2)
Jeep Liberty (Score: 10)
GMC Canyon (Score: 12)
Volkswagen GTI (Score: 24)
Scion xD (Score: 4)
Chevrolet Express Cargo Van (Score:48)
Large Car
Large SUV
Large Truck
Luxury Car
Luxury Sport Car
Luxury SUV
Midsize Car
Midsize SUV
Minivan
Small Car
Small SUV
Small Truck
Sport Car
Subcompact Car
Van
Toyota Avalon (Score: 79)
Nissan Armada (Score: 90)
Honda Ridgeline (Score: 98)
Lexus GS 460 (Score: 98)
Chevrolet Corvette (Score: 100)
Infiniti EX35 (Score: 87)
Hyundai Azera (Score: 99)
Volkswagen Touareg (Score: 95)
Nissan Quest (Score: 89)
Chevrolet Volt (Score: 100)
Mitsubishi Outlander Sport (Score: 95)
Ford Ranger (Score: 86)
Volkswagen Eos (Score: 99)
Kia Rio (Score: 96)
Mercedes-Benz Sprinter Crew (Score: 85)
Vehicle Category Least Flexible Most Flexible
Score Make Model
Audi
Infiniti
Nissan
Acura
Lexus
Scion
Honda
Chevrolet
Dodge
Lincoln
A3
G25 Sedan
LEAF
MDX
CT 200h
tC
Insight
HHR
Grand Caravan
Town Car
1
2
2
3
3
4
5
6
7
7
Score Make Model
Chevrolet
GMC
Hyundai
Volkswagen
Honda
Lexus
Mitsubishi
Nissan
Ram
Kia
Corvette
Savana Passenger
Azera
Eos
Ridgeline
GS 460
Eclipse
370Z
Dakota
Rio
100
99
99
99
98
98
98
97
97
96
Below are the highest and lowest Price Flex Scores for 2011 models. Scores range from 1 to 100. A score of 1 is the lowest Price Flex Score, which indicates little or no negotiating power. A score of 100 is the highest Price Flex Score, meaning there is a big range of transaction prices for that model.
ONLY ONE MODEL PER MAKE WAS SELECTED FOR THE LEAST AND MOST FLEXIBLE MODELS.
8September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
Least and Most Flexible 2012 Vehicles ( by Vehicle Category )
Least Flexible 2012 Models Most Flexible 2012 Models
Price Flex Scores for 2012
Chevrolet Impala (Score: 12)
Chevrolet Traverse (Score: 29)
Ram 1500 (Score: 84)
Audi A4 (Score: 2)
Audi S4 (Score: 3)
Audi Q7 (Score: 1)
Volkswagen CC (Score: 10)
GMC Terrain (Score: 17)
Dodge Grand Caravan (Score: 23)
Volkswagen Golf (Score: 7)
Hyundai Tucson (Score: 9)
GMC Canyon (Score: 51)
Volkswagen GTI (Score: 15)
Ford Fiesta (Score: 10)
Large Car
Large SUV
Large Truck
Luxury Car
Luxury Sport Car
Luxury SUV
Midsize Car
Midsize SUV
Minivan
Small Car
Small SUV
Small Truck
Sport Car
Subcompact Car
Van
Buick LaCrosse (Score: 52)
Dodge Durango (Score: 94)
Ford Super Duty F-250 (Score: 90)
Mercedes-Benz C-Class (Score: 87)
Chevrolet Corvette (Score: 98)
BMW X6 M (Score: 82)
Mazda MAZDA6 (Score: 79)
Dodge Journey (Score: 96)
Kia Sedona (Score: 75)
Kia Forte Koup (Score: 95)
Kia Forte 5-Door (Score: 93)
Chevrolet Colorado (Score: 100)
Ford Mustang (Score: 99)
Kia Soul(Score: 94)
Nissan NV (Score: 85)
Vehicle Category Least Flexible Most Flexible
Score Make Model
Audi
Infiniti
Volkswagen
Hyundai
Ford
Chevrolet
Fiat
BMW
Volvo
GMC
Q7
M37
Golf
Elantra
Fiesta
Impala
500
X6
C70
Terrain
1
7
7
8
10
12
13
16
16
17
Score Make Model
Chevrolet
Ford
Dodge
Hyundai
Kia
Mitsubishi
Porsche
Nissan
Mercedes-Benz
Toyota
Colorado
Mustang
Challenger
Genesis Coupe
Forte Koup
Eclipse
Cayman
GT-R
C-Class
Highlander
100
99
97
97
95
91
88
88
87
86
Below are the highest and lowest Price Flex Scores for 2012 models. Scores range from 1 to 100. A score of 1 is the lowest Price Flex Score, which indicates little or no negotiating power. A score of 100 is the highest Price Flex Score, meaning there is a big range of transaction prices for that model.
ONLY ONE MODEL PER MAKE WAS SELECTED FOR THE LEAST AND MOST FLEXIBLE MODELS.
9September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
Greatest Discounts
Rank Make % Below MSRP
Chevrolet
Ram
Mercedes-Benz
Ford
Nissan
16.3%
15.9%
14.5%
14.1%
14.1%
1
2
3
4
4
The greatest percent below MSRP helps identify the biggest consumer discounts of the month. Below, TrueCar ranks 2011 and 2012 vehicles with average transaction prices that comprise the greatest percent off the make or model’s average MSRP.
Chevrolet
Ram
Mercedes-Benz
Ford
Nissan
Makes with the Greatest Discount Trends on 2011 Vehicles
Top Discounts for 2011 Makes
Rank Make % Below MSRP
Chevrolet Impala
Chevrolet Silverado 1500
Nissan Titan
Mitsubishi Galant
Cadillac DTS
25.2%
23.1%
22.5%
20.9%
18.9%
1
2
3
4
5
Top Discounts for 2011 Models
DISCOUNTS ARE BASED ON A PERCENTAGE
BELOW MSRP (STICKER PRICE).
Rank Make % Below MSRP
Acura
Nissan
BMW
Mercedes-Benz
Ford
9.8%
9.6%
9.4%
9.2%
8.8%
1
2
3
4
5
Top Discounts for 2012 Makes
Rank Make % Below MSRP
Chevrolet Impala
Kia Sedona
Ford Fusion
Mercedes-Benz GLK Class
BMW 1 -Series
18.0%
12.6%
11.2%
10.8%
10.7%
1
2
3
4
5
Top Discounts for 2012 Models
JUNE JULY AUGUST SEPTEMBER
12%
14%
16%
18%
10September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
Greatest Discounts ( Continued... )
The greatest percent below MSRP helps identify the biggest consumer discounts of the month. Below, TrueCar ranks 2011 and 2012 vehicles with average transaction prices that comprise the greatest percent off the make or model’s average MSRP.
2011 Top Discounts ( by Vehicle Category )
Chevrolet Impala
Chevrolet Silverado 1500
Mitsubishi Galant
Cadillac DTS
Chevrolet Aveo
Volkswagen Routan
Chevrolet Tahoe
Nissan Frontier
Mercedes-Benz GL-Class
Chevrolet Express Cargo Van
Dodge Journey
Dodge Nitro
Dodge Caliber
BMW Z4
Ford Mustang
Large Car
Large Truck
Midsize Car
Luxury Car
Subcompact Car
Minivan
Large SUV
Small Truck
Luxury SUV
Van
Midsize SUV
Small SUV
Small Car
Luxury Sport Car
Sport Car
25.2%
23.1%
20.9%
18.9%
18.7%
18.2%
17.8%
17.1%
16.8%
16.1%
15.6%
15.1%
11.5%
10.2%
10.2%
Vehicle Category Model % Below MSRP
% OFF INDICATES THE AVERAGE DISCOUNT FROM MSRP.
2012 Top Discounts ( by Vehicle Category )
Chevrolet Impala
Kia Sedona
Ford Fusion
Mercedes-Benz GLK-Class
BMW 1-Series
Ford Escape
Ford Mustang
Mercedes-Benz SLK-Class
Chevrolet Colorado
Nissan Sentra
Buick Enclave
GMC Acadia
Ford Fiesta
Ram 1500
Nissan NV
Large Car
Minivan
Midsize Car
Luxury SUV
Luxury Car
Small SUV
Sport Car
Luxury Sport Car
Small Truck
Small Car
Midsize SUV
Large SUV
Subcompact Car
Large Truck
Van
18.0%
12.6%
11.2%
10.8%
10.7%
9.6%
9.3%
9.1%
9.0%
8.3%
7.6%
7.1%
5.7%
5.6%
4.6%
Vehicle Category Model % Below MSRP
11September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
Greatest Discounts ( Continued... )
Largest Total Incentives for September
Rank Make / Model
2011 Cadillac STS
2011 Nissan Titan
2011 Saab 9-3
2011 Chevrolet Silverado 1500
2011 BMW Z4
Customer Cash Rebate
$0
$5,250
$0
$4,505
$0
Dealer Cash
$9,000
$0
$5,000
$0
$4,500
1
2
3
4
5
Models with Largest Total Incentives
This table shows the highest incentive for each brand ranked. Generally, incentives are active throughout the month in which TrueTrends by TrueCar is released. Though active at the time of the report’s release, incentives are subject to change without notice. Check for updates on the TrueCar price report for each model and with your dealer.
Top Discounts ( by Vehicle Category )
Large Truck
Large Car
Large SUV
Luxury Car
Midsize Car
Small SUV
Small Truck
Van
Midsize SUV
Minivan
Luxury SUV
Luxury Sport Car
Sport Car
Small Car
Subcompact Car
13.7%
9.8%
8.9%
8.3%
8.1%
7.5%
6.8%
6.6%
6.2%
5.9%
5.4%
5.4%
4.9%
4.1%
1.7%
Vehicle Category Average % Below MSRPLarge Trucks, Large Cars, Large SUVs, and Luxury Cars offer the greatest discounts at an average below MSRP of 8% or more. Subcompact cars have the smallest discounts at 1.7%. The overall discount from MSRP for all segments is 7.6%
12September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
Best Day of the Month to Buy a Car
Best Day to Buy - October 1st, 2011Average Discount: 8.43%
Worst Day to Buy - October 3rd, 2011Average Discount: 5.53%
OCTOBERSEPTEMBER
Best and Worst Days of the Month to Buy a Car ( Discount % Off MSRP )
SEP 15 SEP 19 SEP 23 SEP 27 OCT 1 OCT 5 OCT 9 OCT 13
Our projections for the best and worst day to buy a new vehicle are rooted in an analysis of historical sales as well as short-term forecasts. Our projections over the next 31 days suggest that the best day to buy a car is actually the first Saturday in October. While the worst day to buy a car will likely be Monday, October 3rd.
Consumer Tip of the Month
9%
8%
7%
6%
13September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
Top Vehicles ( by Vehicle Category )
Top Vehicles ( Overall )
Greatest Price Drop Month Over Month
2012 Audi A7
2011 Ford Super Duty F-250
2012 Jeep Grand Cherokee
2011 Infiniti FX35
2012 Chevrolet Malibu
2012 Mercedes-Benz E-Class
2011 Volkswagen Jetta SportWagen
2011 Chrysler 300
2011 Nissan Quest
2012 Ford Mustang
2011 Toyota Sequoia
2011 Nissan Frontier
2011 Scion xD
2011 Ford Escape
Luxury Sport Car
Large Truck
Midsize SUV
Luxury SUV
Midsize Car
Luxury Car
Small Car
Large Car
Minivan
Sport Car
Large SUV
Small Truck
Subcompact Car
Small SUV
($809)
($757)
($701)
($583)
($574)
($562)
($298)
($273)
($223)
($205)
($187)
($94)
($80)
($35)
Vehicle Category Year / Make / Model $ Drop From Last Month
2012 Audi A7
2011 Ford Super Duty F-250
2012 Jeep Grand Cherokee
2011 Infiniti FX35
2012 Chevrolet Malibu
1
2
3
4
5
($809)
($757)
($701)
($583)
($574)
Rank Year / Make / Model $ Drop From Last Month
For each body type, TrueCar tracks the average transaction price for each trim and lists vehicles with the greatest drop in price month over month. TrueCar also ranks the trims for unique makes with the overall greatest drop in price from August 13th, 2011 to September 9th, 2011.
14September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
Shortest to Longest Days in Inventory ( by Vehicle Category )
September’s Shortest and Longest Days in Inventory
Subcompact Car
Small Car
Luxury SUV
Minivan
Midsize SUV
Small SUV
Sport Car
Luxury Sport Car
Midsize Car
Small Truck
Luxury Car
Van
Large SUV
Large Car
Large Truck
32 Days
35 Days
35 Days
40 Days
41 Days
42 Days
43 Days
44 Days
47 Days
48 Days
49 Days
60 Days
69 Days
71 Days
75 Days
1
2
2
4
5
6
7
8
9
10
11
12
13
14
15
Rank Vehicle Catgegory Average Days in Inventory
TrueCar ranks the vehicles that spend, on average, the shortest and longest days on the lot before they sell. We rank by both overall shortest / longest days in inventory and by category. Vehicles that spend little time in inventory are typically in high demand, while vehicles that spend an extended time in inventory are in low demand.
September, 2010 - 46 Days
August, 2011 - 48 Days
September, 2011 - 50 Days
Shortest & Longest Days in Inventory
Industry Wide Average Days in Inventory
2011 Vehicles: Shortest Days in Inventory 2011 Vehicles: Longest Days in Inventory
Rank Model / Year Days in Inventory
Lexus CT 200h
Nissan LEAF
Toyota Matrix
Toyota Prius
Honda Odyssey
Honda CR-V
BMW X3
Lexus LX 570
Subaru Outback
Lexus RX 450h
10 Days
11 Days
11 Days
12 Days
12 Days
13 Days
15 Days
15 Days
16 Days
17 Days
1
2
2
4
4
6
7
7
9
10
Rank Model / Year Days in Inventory
Ford Mustang
Honda Civic Coupe
Volvo C30
Mazda Tribute
Honda Civic Sedan
Volvo XC70
Mazda MAZDA6
Jaguar XJ
Hyundai Genesis
Hyundai Veracruz
238 Days
199 Days
186 Days
176 Days
169 Days
135 Days
131 Days
130 Days
127 Days
119 Days
1
2
3
4
5
6
7
8
9
10
15September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
September’s Shortest and Longest Days in Inventory ( Continued... )
Highest Percentage of 2011 Vehicles Sold
Highest Percentage of 2012 Vehicles Sold
Model Year Share
Rank % of Sales
Subaru
Lexus
Saab
Land Rover
Toyota
100%
99.8%
98.6%
97.9%
97.5%
1
2
3
4
5
Rank % of Sales
Fiat
Audi
Hyundai
Porsche
Kia
100%
91.8%
79.8%
75.3%
66.6%
1
2
3
4
5
Model Year Share shows the percentage share of 2011 model year vehicles sold within the last month versus vehicles of any other model year sold. Generally, the higher the model year share value, the higher the discount a consumer can expect to receive on that given model. It also reflects that dealers are more likely to cut deals on a 2011. At this time of year, many brand’s model year mix are predominantly comprised of 2011’s.
2010 vehicles make up 0.4% of total sales while 2011’s make up 73.3% and 2012’s make up 26.2% of total sales.
2010 Vehicles
2011 Vehicles
2012 Vehicles
0.4%
73.3%
26.2%
Percent Industry Share of Model Year Vehicles
2012 Vehicles: Shortest Days in Inventory 2012 Vehicles: Longest Days in Inventory
Rank Model / Year Days in Inventory
Honda Fit
Hyundai Elantra
Honda Accord Sedan
Kia Soul
Nissan Versa
Mazda MAZDA3
Volkswagen Tiguan
Chrysler Town & Country
Ford Explorer
Porsche Cayenne
4 Days
5 Days
6 Days
6 Days
7 Days
8 Days
8 Days
8 Days
8 Days
9 Days
1
2
3
3
5
6
6
6
6
10
Rank Model / Year Days in Inventory
Nissan NV
Mazda MAZDA5
Fiat 500
Volkswagen Eos
Chevrolet Malibu
BMW 7 Series
Mercedes-Benz SLK-Class
Acura TL
Infiniti M37
Kia Sorento
57 Days
48 Days
43 Days
38 Days
38 Days
37 Days
35 Days
34 Days
29 Days
29 Days
1
2
3
4
5
5
7
8
8
8
Make
Make
About UsTrueCar, Inc. is an automotive solutions provider focused on changing how cars are sold by providing a significantly better customer experience while helping qualified dealer partners to gain incremental market share and reduce costs. TrueCar.com is a transparent, visual publisher of new car transaction data. TrueCar.com price reports help both dealers and consumers to agree on the parameters of a fair deal by providing an accurate, comprehensive and simple understanding of what others actually paid for the identically equipped new car over the last 30 days both locally and nationally. TrueCar, Inc. works with a national network of nearly 5,000 Certified Dealers that provide up-front, no-haggle, competitive pricing to assist some of the nation’s largest and most well respected membership
Contact UsTrueCar Inc.225 Santa Monica Blvd, 6th FloorSanta Monica, CA 90401(800) [email protected]
Visit us at www.truecar.com
and service organizations to meet the auto buying needs of their members and customers. These partnerships include American Express, AAA, USAA and more than 60 others. Collectively these audiences represent over 1M in-market customers each month. TrueCar, Inc. is head-quartered in Santa Monica, CA and has offices in San Francisco. The company was founded in 2005 and has been profitable since 2009. With nearly 200 percent year-over-year growth TrueCar has driven over 300,000 sales and is developing a suite of transaction oriented products and services centered on transparency and radical clarity as a result of comprehensivelyanalyzing market data and information.
DisclaimerThis report and the information contained herein is for your noncommercial, personal use on an “as-is, as available” basis and August be used by you for informational purposes only. TrueCar makes no representations or warranties, express or implied, with respect to the information contained in this report and the results of the use of such information, including but not limited to implied warranty of merchantability, fitness for a particular purpose, and non-infringement. The information contained in this report may
include technical inaccuracies or typographical errors. Neither TrueCar nor any of its parents, subsidiaries, affiliates, or their respective partners, officers, directors, employees, or agents shall be held liable for any damages, whether direct, incidental, indirect, special, or consequen-tial, including without limitation lost revenues or lost profits, arising from or in connection with your use or reliance on the information presented in this report.
16September 15th , 2011 - TrueTrends™ by TrueCar™ - © 2011 TrueCar, Inc.
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