iaml auto buying overview

9
CONFIDENTIAL & PROPRIETARY 1 TrueCar Employee Auto Buying Program 2016

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Page 1: IAML Auto Buying Overview

1CONFIDENTIAL & PROPRIETARY

TrueCar Employee Auto Buying Program

2016

Page 2: IAML Auto Buying Overview

2CONFIDENTIAL & PROPRIETARY

Agenda

• About TrueCar

• Employee Benefits

• Employer Benefits

• TrueCar Experience

Page 3: IAML Auto Buying Overview

3CONFIDENTIAL & PROPRIETARY

About TrueCar

TrueCar, Inc. is a digital automotive marketplace that provides comprehensive pricing transparency about what other people paid for their cars and enables consumers to engage with TrueCar Certified Dealers who are committed to providing a superior purchase experience.

TrueCar is headquartered in Santa Monica, California, with offices in San Francisco and Austin, Texas.

TrueCar received the 2016 J.D. Power award for “Highest Ranked Third-Party Automotive Website” giving additional credibility in the eyes of consumers.

The TrueCar brand promotes truth, transparency and an exceptional car buying experience.

 – J.D. Power Press Release

13,000+Certified Dealers nationwide

2Mnew and used vehicles purchased

OVER

network during their purchasing process.

1/3of all new car buyers engage with the TrueCar

OVER

KEY STATS

Page 4: IAML Auto Buying Overview

4CONFIDENTIAL & PROPRIETARY

Employee Benefits

• See What Others Paid – TrueCar has collected millions of transactions, nationwide, so we know exactly what people are paying in your local area. You get up-to-date pricing information and the ability to compare pricing estimates before you get to the dealership.

• Employees get discounted pricing on new and used cars - Employees save an average of $3,279 off MSRP* on new cars and get used car discounts on top brands**.

• Certified Dealer Network – Certified Dealers are committed to total price transparency and great service. View pre-priced inventory before visiting the dealership.

• Certified Dealers generally offer greater upfront discounts on new and used cars to users of the Employee Auto Buying Program than they offer to users of TrueCar.com.**

• Powerful Research Tools - Shop and compare new and used cars, view photos and read reviews without any commitment or obligation.

The Employee Auto Buying Program provides a unique value to employees and employers

* Between 7/1/15 and 9/30/15, the average estimated savings off MSRP presented by TrueCar Certified Dealers to users of TrueCar powered websites, based on users who configured virtual vehicles and who TrueCar identified as purchasing a new vehicle of the same make and model listed on the certificate from a Certified Dealer as of 10/31/2015, was $3,279, including applicable vehicle specific manufacturer discounts. 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 Manufacturer’s Suggested Retail Price (“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 not all vehicles are sold at MSRP. Each dealer sets its own pricing. Your actual purchase price is negotiated between you and the dealer. TrueCar does not broker, sell, or lease motor vehicles.**Used car discounts not available in all states.

Page 5: IAML Auto Buying Overview

5CONFIDENTIAL & PROPRIETARY

Employee Benefits

TrueCar Buyer’s Bonus – Every Employee Auto Buying Program purchase is eligible for Buyer’s Bonus benefits that could be worth up to $2,000. Use one benefit or use them all – there’s no additional cost to the employee. These benefits are not currently available to users of TrueCar.com. Benefits like:

Auto Expert Opinion – Talk directly to a Certified mechanic to discuss questions you might have on recommended repairs and cost, sounds your car is making, etc. Unlimited use.

Auto Deductible Reimbursement: Reimburses what you’ve paid, if anything, for your insurance deductible when you file a claim. Covers up to $500 2x a year (service not available in New Hampshire or New York).

Auto Repair Reimbursement: Reimburses 20% of the payment, if any, made to repair the vehicle purchased through the auto buying program. Covers up to a $500 reimbursement on repair (parts included) 2x a year (service not available in New Hampshire or New York).

(continued)

Page 6: IAML Auto Buying Overview

6CONFIDENTIAL & PROPRIETARY

Employer Benefits

• Employers bear no incremental costs

• TrueCar provides customer service support

• Easy-to-implement program that supports your goal of building a winning team of employees

• Gives your organization’s benefits package a competitive edge

Page 7: IAML Auto Buying Overview

7CONFIDENTIAL & PROPRIETARY

TrueCar Experience

Find a New or Used Car Customize your car and view TrueCar Estimate

Verify your info to see employee pricing & lock in savings Certificate

Page 8: IAML Auto Buying Overview

8CONFIDENTIAL & PROPRIETARY

TrueCar Experience (continued)

Get VIN-based offers and view Certificates for vehicles that match your preferences

Redeem Certificate (printed or mobile) at Certified Dealer & go for a test drive.

Introduction to local Certified Dealers

Page 9: IAML Auto Buying Overview

9CONFIDENTIAL & PROPRIETARY

Contact:IAML Services

450 Newport Center Dr. Suite 390Newport Beach, CA 949-760-1700