Monday, December 13, 2010
TrueCar Tops 200,000 Cars Sold
Santa Monica-based TrueCar, the online car pricing site headed by Scott Painter, reports this morning that it has now sold more than 200,000 cars through its online car buying and pricing platform. TrueCar said the number comes less than a year from when it reached an initial, 100,000 car sales, which occurred earlier this year. TrueCar said the sales came via its more than 40 partner-branded Web Siets, which use the car pricing and sales engine powered by Zag. In addition to the sales numbers, TrueCar said it is in the process of launching two new products for the used car market, called ClearBook and TrueTrade, which will provide pricing for used car and trade-ins.