/C O R R E C T I O N -- TrueCar.com/

                     /C O R R E C T I O N -- TrueCar.com/

PR Newswire

SANTA MONICA, Calif., Dec. 3, 2012

In the news release, Transaction Prices in November 2012 Rise To Highest
Levels In Almost a Year; Industry Incentives Rise Nearly 20 Percent From Last
Month According to TrueCar, issued 03-Dec-2012 by TrueCar.com over PR
Newswire, we are advised by the company that in the incentives chart, Truecar
had estimated Nissan's incentives spend at $4,273. This number was mistakenly
used and is only for the Infiniti brand. The new estimated spend for Nissan,
which includes both Nissan and Infiniti is $2,682. Due to this change, the
percentage change for month-to-month and year-over-year also changed. The
complete, corrected release follows:

  Transaction Prices in November 2012 Rise To Highest Levels In Almost a Year;
  Industry Incentives Rise Nearly 20 Percent From Last Month According to
  TrueCar

    Industry Transaction Prices Highest Since December 2011; Industry
    Incentive Spending Highest Since August 2010

SANTA MONICA, Calif., Dec. 3, 2012 /PRNewswire/ -- TrueCar, the authority on
car pricing information, trends and forecasts, estimated today that the
average transaction price for light vehicles in the United States was $30,832
in November 2012, up $335 (1.1 percent) from November 2011 and up $346 (1.1
percent) from October 2012.

(Logo: http://photos.prnewswire.com/prnh/20110118/LA31413LOGO)

"Industry average transaction prices climb once again with consumers'
continued appetite for highly contended vehicles," said Jesse Toprak, Senior
Analyst at TrueCar. "Today's consumers value a nicely equipped vehicle as much
as they do a low cost of ownership. Automakers are getting better at providing
all the modern conveniences consumers come to expect for more of their models,
resulting in higher overall prices hence improved profitability."

                                                                      Percent
                             October                   Percent Change Change
               November 2012             November 2011 November 2011  October
Manufacturer   Transaction   2012        Transaction   to November
               Price         Transaction Price         2012           2012 to
                             Price                                    November
                                                                      2012
Chrysler
(Chrysler,
               $29,796       $29,541     $29,071       2.5%           0.9%
Dodge, Jeep,
Ram, Fiat)
Ford (Ford,    $32,543       $32,141     $31,498       3.3%           1.3%
Lincoln)
GM (Buick,
Cadillac,
               $32,891       $32,547     $33,027       -0.4%          1.1%
Chevrolet,
GMC)
Honda (Acura,  $26,897       $27,011     $26,529       1.4%           -0.4%
Honda)
Hyundai/Kia    $22,342       $22,410     $21,265       5.1%           -0.3%
Nissan
(Nissan,       $27,704       $27,652     $27,770       -0.2%          0.2%
Infiniti)
Toyota (Lexus,
Scion,         $28,396       $27,910     $27,442       3.5%           1.7%

Toyota)
Volkswagen
(Audi,         $33,610       $33,408     $33,004       1.8%           0.6%

Volkswagen)
Industry       $30,832       $30,486     $30,497       1.1%           1.1%

In addition, TrueCar estimated that the average incentive for light-vehicles
was $2,764 in November 2012, up $117 (4.4 percent) from November 2011 and up
$447 (19.3 percent) from October 2012.

                                                             Percent  Percent
                                                                      Change
                         November 2012 October    November   Change   October
Manufacturer             Incentives    2012       2011       November
                                       Incentives Incentives 2011 to  2012 to
                                                             November November
                                                             2012     2012
Chrysler (Chrysler,
                         $2,526        $3,062     $3,237     -22.0%   -17.5%
Dodge, Jeep, Ram, Fiat)
Ford (Ford, Lincoln)     $2,307        $2,522     $2,923     -21.1%   -8.5%
GM (Buick, Cadillac,
                         $3,720        $2,915     $3,100     20.0%    27.6%
Chevrolet, GMC)
Honda (Acura, Honda)     $2,428        $1,882     $2,333     4.1%     29.0%
Hyundai/Kia              $1,586        $1,375     $1,227     29.2%    15.3%
Nissan (Nissan,          $2,682        $2,375     $2,949     -9.1%    13%
Infiniti)
Toyota (Lexus, Scion,
                         $2,075        $1,622     $1,899     9.2%     27.9%
Toyota)
Volkswagen (Audi,
                         $2,259        $2,264     $2,504     -9.8%    -0.2%
Volkswagen)
Industry                 $2,764        $2,317     $2,647     4.4%     19.3%

TrueCar estimated that the ratio of incentives to average transaction price
for light-vehicles was 9.0 percent in November 2012, up from 8.7 percent in
November 2011 and up from 7.6 percent in October 2012.

               November    October                                    Percent
                                       November                       Change
               2012        2012        2011        Percent Change     October
Manufacturer   Incentives/ Incentives/ Incentives/ November 2011 to
                                       Avg.        November 2012      2012 to
               Avg.        Avg.        Transaction                    November
               Transaction Transaction Price                          2012
               Price       Price
Chrysler
(Chrysler,
               8.5%        10.4%       11.1%       -2.7%              -1.9%
Dodge, Jeep,
Ram, Fiat)
Ford (Ford,    7.1%        7.8%        9.3%        -2.2%              -0.8%
Lincoln)
GM (Buick,
Cadillac,
               11.3%       9.0%        9.4%        1.9%               2.4%
Chevrolet,
GMC)
Honda (Acura,  9.0%        7.0%        8.8%        0.2%               2.1%
Honda)
Hyundai/Kia    7.1%        6.1%        5.8%        1.3%               1.0%
Nissan
(Nissan,       15.4%       8.6%        10.6%       4.8%               6.8%
Infiniti)
Toyota (Lexus,
Scion,         7.3%        5.8%        6.9%        0.4%               1.5%

Toyota)
Volkswagen
(Audi,         6.7%        6.8%        7.6%        -0.9%              -0.1%

Volkswagen)
Industry       9.0%        7.6%        8.7%        0.3%               1.4%

About TrueCar, Inc.

TrueCar, Inc., headquartered in Santa Monica, Calif., with offices in Santa
Barbara, Calif., San Francisco, Calif., and Austin, Texas, is an automotive
pricing information and analysis company that creates a better buying
experience for dealers and consumers. As an online publisher of unbiased new
and used car transaction data, TrueCar.com provides price reports that empower
dealers and consumers to agree on the parameters of a fair deal by supplying a
transparent, simple understanding of what others recently paid for
identically-equipped new cars in their geographic area. TrueCar also owns
ALG, the benchmark for vehicle value information to the automotive industry
and has been forecasting residual values for nearly 50 years in both the U.S.
and Canadian markets.

TrueCar is a data-driven company that sources, compiles, and analyses
car-buying information unlike anybody in the industry. This is why, since its
founding in 2005, TrueCar dealer partners have sold over 600,000 vehicles
across the country. Its national network of more than 5,200 Certified Dealers
is committed to provide no-hassle pricing for some of the country's largest
membership and service organizations, including American Express, AAA, USAA
and Consumer Reports that collectively represent more than one million monthly
in-market customers.

You can follow TrueCar onTwitter(@TrueCar) and become a fan of TrueCar
onFacebookandGoogle+.

Disclaimer
This press release and the information contained herein is for noncommercial
use on "as-is, as available" basis and may be used for informational purposes
only. TrueCar makes no representations or warranties, express or implied,
with respect to the information contained in this press release and the
results of the use of such information, including but not limited to implied
warranty of merchantability, fitness for a particular purpose and
non-infringement. The information contained in this press release may include
technical inaccuracies or typographical errors. Neither TrueCar nor any of
its parents, subsidiaries, affiliates or respective partners, officers, or
directors, employees or agents shall be held liable for any damages, whether
direct, incidental, indirect, special or consequential, including without
limitation lost revenues or lost profits, arising from or in connection with
your use or reliance on the information presented in this press release.

SOURCE TrueCar.com

Website: http://www.truecar.com
Contact: Chintan Talati, +1-210-884-3675, chintan@truecar.com
 
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