TrueCar and GovX Partner to Launch New Auto Buying Program Powered by TrueCar Military (2024)

SANTAMONICA,Calif., Feb. 23, 2021 /PRNewswire/ --TrueCar, Inc.(NASDAQ: TRUE), themostefficientandtransparentonline destinationtofindacar, today announced a new affinity partnership with GovX, Inc., the largest e-commerce website for verified active and veteran U.S. military along with police, fire, emergency rescue and medical technicians and those from related government agencies.

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The GovX Auto Buying Program, powered by TrueCar Military, will give GovX members the ability to see what others paid for the same vehicle of interest, receive upfront transactable price offers on new and used vehicle inventory, and use TrueCar's leading digital deal building capabilities.

"TrueCar is the gold standard when it comes to ease and transparency in the car buying experience, as well as customer service and support. These are extremely meaningful value propositions for us and our members who have the responsibility and honor of protecting and serving our great country," said Chris Bohnert, Senior Vice President at GovX, Inc. "TrueCar shares our same deep commitment to providing service members with the value and benefits they deserve. We are excited for our members to experience this new and improved way to buy a car."

Last year, TrueCar launched, TrueCar Military, a dedicated vehicle purchase program that provides exclusive Military incentives andexclusivebenefits, on top of TrueCar's existing benefits, to those who have served our country's armed forces and their families. TrueCar has dedicated more than fourteen years to servicing the men and women of the military through affinity car buying partnerships with leading military service organizations.

"We are thrilled to partner with GovX to provide a more transparent and more efficient way for our servicemembers, first responders and law enforcement to purchase a vehicle," said Mike Darrow, President & CEO of TrueCar. "Through our partnership, GovX members will receive a first-class car buying experience and competitive pricing that they can trust."

GovX Auto Buying Program Key Benefits:

  • Price Context.See what others paid for your new vehicle of interest in a local area and view price ratings on used vehicles
  • Savings.Save on average over $3,500 off MSRP** on new vehicles and receive discounts on used vehicles*
  • Real Price Offers.Receive real transactable price offers on actual inventory on the dealer's lot
  • Trade-In or Sell.Geta value on your existing vehicle and receive arealcashofferin minutes
  • Build your Deal Online. Buildacomprehensivedealonline, inclusive of trade-in value and preferred termsandsavetimeatthedealership
  • BuyfromHome.IdentifyTrueCar Certified Dealersthatofferremotepaperwork, vehicledeliveryandvehiclesanitization
  • Extensive Dealer Network.AccessTrueCar'sCertifiedDealerNetwork, whichincludesdealersnationwide

*Used car discounts not available in all states.

*Between 1/1/20 and 12/31/20, the average savings off MSRP experienced by consumers who connected with a TrueCar Certified Dealer through a TrueCar-powered Auto Buying Program and who were identified as buying a new vehicle from that Certified Dealer was $3,552. Your actual savings may vary based on multiple factors, including the vehicle you select, region, dealer, and applicable vehicle-specific manufacturer incentives, which are subject to change. The MSRP is determined by the manufacturer and may not reflect the price at which vehicles are generally sold in the dealer's trade area, as many vehicles are sold below MSRP. Each dealer sets its own pricing.

About TrueCar
TrueCar is a leading automotive digital marketplace that enables car buyers to connect to our nationwide network of Certified Dealers. We are building the industry's most personalized and efficient car buying experience as we seek to bring more of the purchasing process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings, and market context on new and used cars -- all with a clear view of what's a great deal. When they are ready, TrueCar will enable them to connect with a local Certified Dealer who shares in our belief that truth, transparency, and fairness are the foundation of a great car buying experience. As part of our marketplace, TrueCar powers car-buying programs for over 250 leading brands, including AARP, Sam's Club, and American Express. Nearly half of all new-car buyers engage with TrueCar powered sites, where they buy smarter and drive happier. TrueCar is headquartered in Santa Monica, California, with offices in Austin, Texas, and Boston, Massachusetts. For more information, please visit www.truecar.com, and follow us on Facebook or Twitter. TrueCar media line: +1-844-469-8442 (US toll-free) | Email: [emailprotected]

About GovX
GovX.com is for men and women of service. A members-only online destination for military and first responders, the site offers thousands of products from hundreds of brands at exclusive, below-retail pricing. Members include active and veteran U.S. military, firefighters, law enforcement officers, federal agents, healthcare workers and personnel from related government agencies. For more information, visitwww.govx.com.

SOURCE TrueCar, Inc.

TrueCar and GovX Partner to Launch New Auto Buying Program Powered by TrueCar Military (3)

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TrueCar and GovX Partner to Launch New Auto Buying Program Powered by TrueCar Military (2024)

FAQs

What is TrueCar military? ›

Our Military Appreciation Package gives you all the benefits you expect when shopping on TrueCar -- plus savings and incentives tailored to active military, veterans, and their families. Get $1,000-$2,000* Bonus Cash from Select Manufacturers. Dealer Discounts on New and Used Vehicles.

Does USAA still use TrueCar? ›

In 2022, USAA discontinued their renowned car buying service, leaving many members searching for alternative solutions. First announced in 2020, the changes brought an end to the popular service and TrueCar partnership.

Will the military help me buy a car? ›

Military personal are often eligible for special loans and discounts on car purchases. When buying a car in the military, however, you still need to budget wisely and do your research before making this major investment. Military personal are often eligible for special loans and discounts on car purchases.

What is the TrueCar buyers bonus? ›

After registering for the TrueCar Buyer's Bonus, You may be eligible to receive a twenty percent (20%) reimbursem*nt of the payment You made to repair the single, four (4) wheel, non-commercial, private passenger automobile that You purchased or leased from a TrueCar Certified Dealer after using the TrueCar service (" ...

Can you haggle with military auto sales? ›

It's at this point in the process that buying a car through an overseas military program can be a big money saver. The prices offered are already as low as they go—there's no haggling involved. So, if you're after the maximum savings you can get, it will come down to your choice in vehicle and your financing.

Who is eligible for military AutoSource? ›

Who Can Buy Through This Program? US government civilian, military personnel and civilian contractors who are entitled to unlimited Exchange privileges, are stationed or assigned overseas for 30 consecutive days or more, and are authorized to have a Privately Owned Vehicle (POV) at that assignment.

What is better than TrueCar? ›

Cars.com is the best app for buying and selling a car because it has a large number of listings and offers helpful search tools. Some car buying apps aggregate dealer listings, while others sell inventory directly. Edmunds, TrueCar and Carfax are good apps for researching vehicles and pricing information in-depth.

Why did USAA get rid of car buying service? ›

“We made this decision to simplify and streamline our business, focus on our core products and services, and deliver on our mission,” USAA spokesman Matt Hartwig said in an email. “We will continue to provide competitive auto loans and insurance, backed by world-class service.”

Is TrueCar safe to use? ›

Is TrueCar Legit? TrueCar has been in business for nearly 20 years and holds an A+ rating from the BBB as well as solid customer reviews on various sites. It is certainly a legitimate company and a good option for buying or selling your car.

Which car manufacturer has the best military discount? ›

Top Military Car Discounts
Manufacturer DiscountRequires Financing?Discount
Acura Military DiscountYes$750
BMW Military DiscountYesUp to $5,000
Ford Military DiscountYes$500
Genesis Military Personnel ProgramNo$500
11 more rows

How to get a free car in the military? ›

Cars 4 Heroes is a 501 c 3 organization that provides free basic transportation to veterans, active-duty military, first responders, and their families that are unable to obtain it on their own. Every year, Cars 4 Heroes awards hundreds of donated vehicles to those in need.

Do veterans get lower interest rates in car loans? ›

Military car loans have benefits, including lower interest rates, lower down payment requirements and federal protections. But even with the extra protections offered by the Military Lending Act (MLA), the same risks of borrowing apply.

Does TrueCar affect credit score? ›

TrueCar does not play a role in that determination.

What are the benefits of buying from TrueCar? ›

Key Features of the New TrueCar+:
  • Shop New, Used, and Certified Pre-Owned Inventory: Car buyers are able to shop an extensive inventory of new and pre-owned vehicles. ...
  • Transparent Pricing: With TrueCar+, consumers can get firm upfront price offers on any vehicle in stock.
Jul 17, 2024

How long is a TrueCar offer good for? ›

Locked-In Price

Your TrueTrade™ Offer is good for three days at a Certified Dealer.

Military Car Buying Program - TrueCarTrueCarhttps://www.truecar.com ›

TrueCar's Military Car Buying Program helps military and their families looking to buy, sell, or trade a vehicle get a great deal in addition to a Military ...
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What is the purpose of TrueCar? ›

TrueCar is an information and technology platform that enables its users to communicate with TrueCar Certified Dealers for a great car buying experience. Our mission is simple: make the car buying process simple, fair and fun.

What happens to my car payment if I join the military? ›

If you took out an automobile, home, or student loan or incurred credit card debt prior to becoming a servicemember (also known as a “pre-service obligation”), or if you took out such a loan jointly with your spouse, then you are entitled to have your interest rate reduced to a maximum of 6 percent per year.

How does military discount work? ›

How to Get a Military Discount. To get a military discount, you'll need to provide evidence of military service. But what counts as proof will vary from retailer to retailer. If you're shopping in-store, you can usually just show a military ID, though some retailers may accept alternate identification.

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