CarsDirect Launches Buying Outlook Feature

Los Angeles-based CarsDirect has launched a new feature today, aimed at helping consumers figure out if it's a good time to buy a new car. CarsDirect said its new "Expert Buying Outlooks" will provide plain-English summaries of where experts expect the price of specific car models to go, to help consumers determine if it's a good time, or not, to buy a car. The new feature will also include a graph of recent pricing trends on models. CarsDirect said it is tapping its own database of vehicle buying and pricing data for the estimates. The firm said it is offering up outlooks for the top 160 vehicle models, with plans to add more in coming weeks.


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