Strong Revenue Growth
Total revenue for Q1 2025 was $44.8 million, representing a 9.2% increase year-over-year.
Significant Increase in New Unit Sales
New unit sales volumes increased by 23% year-over-year, substantially outpacing the industry's 6.8% growth.
Expansion of Affinity Network
TrueCar added notable partners including DoorDash, GasBuddy, and GovX to its affinity network.
Progress with TC+
The pilot project with TC+ showed promising results, with a third of the pilot dealer group's sales driven by TC+ consumers who completed significant portions of the purchase online.
Efficient Performance Marketing Campaigns
Achieved the lowest cost per sale since 2022, driving unit sales growth for dealer partners.