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TrueCar Offers Dealers Across the U.S. Vehicle Delivery

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TrueCar (NASDAQ: TRUE) has announced the nationwide expansion of its home delivery program for select used vehicles, integrating it into the TrueCar+ platform. Following successful trials in Florida and Texas, this program, in partnership with ACERTUS, allows dealers to reach consumers beyond their local markets. The online platform will provide transparent delivery pricing and scheduling capabilities, enhancing the vehicle purchasing experience. This initiative seeks to streamline the car buying process by increasing inventory access and convenience for consumers.

Positive
  • Nationwide expansion of home delivery services enhances market reach for dealers.
  • Partnership with ACERTUS provides logistical advantages, improving delivery efficiency.
  • Increased consumer access to a wider selection of used vehicles through distance retailing.
  • Transparent delivery pricing enhances consumer confidence in the purchasing process.
Negative
  • None.

Through a partnership with ACERTUS, home delivery has already been integrated into TrueCar+ and rolled out across Florida

SANTA MONICA, Calif., July 13, 2022 /PRNewswire/ -- TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced the nationwide expansion of the company's home delivery program for select used vehicles on the TrueCar platform, with distance retailing options for dealers throughout the continental U.S. This includes making delivery part of the company's TrueCar+ offering in Florida.

After successful pilots in Texas and Florida with ACERTUS, a best-in-class automotive logistics platform, TrueCar's distance retailing program will enable any TrueCar Certified Dealer that enrolls in the program to greatly expand the market reach for their used car inventory.

With distance retailing, dealers have the opportunity to reach more TrueCar shoppers who may not have previously searched outside their region, making delivery an attractive option. Dealers who enroll in the offering can select coverage in their state, in a neighboring state, or within their whole region. With home delivery, consumers will benefit from an expanded used car selection and the convenience of being able to purchase their vehicle of choice and have it shipped to them directly.

"Our home delivery program in partnership with ACERTUS lets consumers give realistic consideration to a wider range of dealer inventory, with each eligible vehicle showing clear, straightforward delivery pricing to the consumer's preferred location. With this capability, consumers can effectively consider used vehicles in and out of their local market, and choose the best vehicle for them," said Mike Darrow, President and CEO at TrueCar. "The platform is simple for dealers to use, with scheduling tools embedded in the dealer portal and an ability to track the progress of the vehicle on its way to the customer."

As consumers scroll the TrueCar site, delivery pricing is automatically calculated for eligible vehicles, to provide consumers a complete view of the total cost to them, in line with TrueCar's commitment to transparency throughout the automotive purchase process.

"Logistics has become a critical competitive advantage for dealers wanting to expand their market," said Trent Broberg, ACERTUS CEO. "We also know that while the last mile can be the most challenging to execute, it's an opportunity to earn customers and provide a superior buying experience. Through our partnership with TrueCar, dealers can now access the technology and resources to seamlessly implement a distance retailing and home delivery strategy without the added investment."

Distance retailing is part of TrueCar's continuing strategic focus on TrueCar+, the company's online car buying platform, bringing more of the car buying and selling process online. For dealers who want to learn more, information can be found here.

About TrueCar

TrueCar is a leading automotive digital marketplace that lets auto buyers and sellers connect to our nationwide network of Certified Dealers. With access to an expansive inventory provided by our Certified Dealers, we are building the industry's most personalized and efficient auto shopping experience as we seek to bring more of the process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new, used and Certified Pre-Owned vehicles. When they are ready, shoppers in TrueCar's marketplace can connect with a Certified Dealer in our network, who shares our belief that truth, transparency and fairness are the foundation of a great auto shopping experience. As part of our marketplace, TrueCar powers auto-buying programs for over 250 leading brands, including AARP, Sam's Club, Navy Federal Credit Union and American Express.

For more information, please visit www.truecar.com, and follow us on LinkedIn, Facebook or Twitter. TrueCar media email: pr@truecar.com

About ACERTUS

ACERTUS has created the only completely comprehensive approach to automotive logistics with the ability to move, store, recondition, title and deliver vehicles anywhere in the country through one platform. With one company to handle the entire vehicle journey, this strategy dramatically improves efficiency and reliability for customers. Our people, process, innovative technology and relentless drive to deliver are just some of the reasons we made Inc. Magazine's list of the 5000 fastest-growing companies in the U.S. For more information, call 855-ACERTUS (855-223-7887) or visit ACERTUSdelivers.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/truecar-offers-dealers-across-the-us-vehicle-delivery-301585577.html

SOURCE TrueCar.com

FAQ

What is TrueCar's recent announcement regarding vehicle delivery?

TrueCar announced the nationwide expansion of its home delivery program for select used vehicles, integrated into the TrueCar+ platform.

How does TrueCar's home delivery program work?

TrueCar's home delivery program allows dealers to reach consumers beyond their local markets by providing delivery options for used vehicles.

What partnership is TrueCar involved with for its home delivery services?

TrueCar partnered with ACERTUS to enhance its home delivery services and logistical capabilities.

When was TrueCar's home delivery program expanded?

The expansion of TrueCar's home delivery program was announced on July 13, 2022.

What benefits does TrueCar's home delivery program offer consumers?

The program offers consumers a wider selection of used vehicles and the convenience of home delivery, with transparent pricing.

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