TrueCar.com, the authority on new car pricing, trends and forecasts, has released its latest edition of the TrueCar TrueTrends Report and predicts that the final three days of the month will be the best days in January to buy a car.  The report, which examines trends in consumer buying patterns, indicates that the 29th through the 31st – a Saturday to Monday – will all offer potential discounts* at or in excess of 8 percent nationally.  These three days offer the best time to buy a vehicle over the next 30 days, where the average discount is 6.8 percent.

“The beginning of the year is traditionally slow for the automotive industry,” said Jesse Toprak, VP of Industry Trends and Insights for TrueCar.com.  ”With the momentum manufacturers and dealers are experiencing from a solid 2010, dealers are going to want to get off to a great start to keep trending upward.  This is definitely shaping up to be a great time to buy a car.”

The best days, which are a projection based on historical daily sales and short-term forecasts, show what days will offer the highest potential discount from MSRP.

Top 5 Days in January to Buy:

1.31.2011  -  Potential Discount from MSRP*  8.03%

1.30.2011  -  Potential Discount from MSRP*  8.02%

1.29.2011  -  Potential Discount from MSRP*  8.00%

1.22.2011  -  Potential Discount from MSRP*  7.53%

1.25.2011  -  Potential Discount from MSRP*  7.49%

Consumers can identify best deals using TrueCar.com’s new Best Local Price tool, providing shoppers the Lowest Certified Price, a “no-haggle” upfront price from participating dealers.  Below are the Top 5 deals for the beginning of January.

Top 5 Deals for 2010 Models:

Volkswagen Routan  -  Potential Discount from MSRP*  25.0%

Volvo S80  -  Potential Discount from MSRP*  25.0%

Nissan Titan  -  Potential Discount from MSRP*  23.3%

Lexus HS 250h  -  Potential Discount from MSRP*  21.5%

Chrysler PT Cruiser Classic  -  Potential Discount from MSRP*  21.5%

*Potential Discount from MSRP is a national average; averages can vary regionally.

Source TrueCar.com

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