About CarPriceTruth
CarPriceTruth exists for one reason: to make sure you never overpay for a car again.
The Problem
Buying a car is one of the biggest purchases most people make, and it's one of the least transparent. Dealers know exactly what the car cost them. They know what everyone else in your city paid. They know whether you're a first-time buyer or a seasoned negotiator. You walk in with none of that information, and the price you end up paying depends almost entirely on how well you can navigate a system designed to favor the other side.
Our Solution
CarPriceTruth gives you the same information the dealer has. For every vehicle in every major U.S. city, we show you the MSRP, the estimated dealer cost (invoice), what other buyers are actually paying, and clear deal quality ranges so you know instantly whether a price is good, fair, or a ripoff.
For used cars, we go further: trade-in value, private party value, dealer retail value, depreciation data, and mileage-adjusted estimates so you can negotiate from a position of knowledge whether you're buying from a dealer or selling to one.
How It Works
Data Collection
Our pricing data comes from multiple sources. We start with manufacturer-published MSRP and invoice data for new vehicles, then apply regional market adjustments based on cost of living, local sales tax rates, dealer competition density, and seasonal pricing trends. For used vehicles, we use segment-specific depreciation curves calibrated from industry data, combined with mileage modeling based on vehicle type and age.
Regional Pricing
A Toyota Camry in Los Angeles doesn't cost the same as one in Detroit. We maintain market profiles for every city we cover, factoring in local cost of living, sales tax rates (which vary significantly by state), dealer density (more dealers means more competition means lower prices), and regional demand patterns. This is why our pricing differs from city to city — because real pricing does too.
Deal Quality Ranges
Every price page includes three deal ranges: good deal, fair deal, and overpaying. These aren't arbitrary — they're computed from the spread between dealer cost and typical transaction prices in your specific market. A “good deal” means you're paying below what most buyers pay. “Overpaying” means you're above the threshold where most informed buyers would walk away.
Content
Our negotiation tips, market analysis, and FAQ content are generated using a combination of automotive industry expertise and AI-assisted writing, always grounded in the actual pricing data for the specific vehicle and city. We never fabricate statistics or make claims we can't support with data.
What We're Not
CarPriceTruth is not a dealer. We don't sell cars, we don't take deposits, and we don't have inventory. We're a pricing transparency tool. When we link to partner sites, we may earn a referral commission — but this never affects the pricing data or recommendations you see on our pages. Our data says what it says regardless of who's paying us.
About the Company
CarPriceTruth is owned and operated by Car Price Truth, LLC, based in Dallas, Texas. We launched with a simple belief: car buyers deserve the same pricing intelligence that dealers have always had.
Contact
Questions, corrections, or partnership inquiries? Reach us at hello@carpricetruth.com.
If you spot pricing data that looks wrong for your market, we want to know. Our data gets better when real buyers share what they're seeing on the ground.