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TrueCar finds sustained low gasoline prices generate savings on fuel-efficient vehiclesSANTA MONICA, Calif., April 20, 2015 /PRNewswire/ -- Hyundai Motor Corp.'s Sonata hybrid sedan, now selling at an average of 20 percent off the manufacturer's suggested retail price (MSRP), tops the list of best savings on new vehicles in April, according to TrueCar, Inc. (NASDAQ: TRUE), the negotiation-free car buying and selling mobile marketplace. Given current sustained low gasoline prices, fuel-efficient vehicles are primed for large savings this month. A gallon of regular gasoline averaged $2.429 nationwide on April 17, according to AAA's Daily Fuel Gauge Report, down $1.23 from a year ago. Pump prices this summer are projected to hit a decade low, benefiting drivers planning vacations by car or road-trip. Low fuel prices are also working in favor of consumers looking to purchase fuel-friendly vehicles and who want notable savings off MSRP. "In time for Earth Day on April 22, our detailed transaction data tells us it's a great time to buy a fuel-saving vehicle," said Eric Lyman, TrueCar's vice president of industry insights. "While cheaper gasoline helps make trucks and SUVs more appealing, it also creates an opportunity for consumers to purchase vehicles that will be kind to your pocketbook when gasoline prices rise." The midsize 2015 Sonata Hybrid averages 38 miles per gallon of gasoline in combined city and highway driving. Toyota Motor Corp.'s subcompact Prius c hatchback, which averages 50 mpg, follows the gasoline-electric Hyundai model, currently selling at an average of 16 percent off of MSRP this month. Published monthly, the "TrueSavings" report analyzes recent transaction prices and identifies opportunities for consumer savings. A snapshot of some of the best savings (compared to MSRP) on new vehicles in April 2015 includes:
"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. Below is a snapshot of some of the best manufacturer lease and finance deals currently available in certain regions: Lease: Finance: Customer Cash Offers: The deal information summarized above is provided for illustrative purposes only, and is not an offer to lend. Results may vary depending on your individual circumstances, including credit approval by dealer/manufacturer. Deals are subject to change and are limited to inventory on hand. See your dealer/manufacturer for details, including actual offers available in your region. 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 media line: +1-844-469-8442 (U.S. toll-free) | Email: [email protected] Logo - http://photos.prnewswire.com/prnh/20110118/LA31413LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/truecar-finds-sustained-low-gasoline-prices-generate-savings-on-fuel-efficient-vehicles-300068231.html SOURCE TrueCar, Inc. |