GlobeNewswire Inc | Sep 29, 2020 09:00AM EDT

September 29, 2020

SANTA MONICA, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc. (NASDAQ: TRUE), has teamed up with luxury automaker Audi to provide preferred pricing and exclusive incentives to verified TrueCar Military car shoppers on new Audi cars and SUVs.

The TrueCar Military Auto Member Offer is available from now untilJanuary 4, 2021 through TrueCar Military. Verified TrueCar Military members can receive a $750 - $1,000 additional incentive (bonus cash) on select new 2020 & 2021 models. This offer is valid at any Audi dealership nationwide.

TrueCars private targeted incentive program is an efficient and brand positive way for automakers to reach specific audience segments with a targeted value proposition. Were very excited to partner with Audi to offer special pricing and exclusive incentives to U.S. military members and their families through TrueCar Military, saidValeri Tompkins, Senior Vice President atTrueCar. This a great way for the U.S. military audience to discover the Audi brand while taking advantage of special prices across their premium lineup and enrich our current TrueCar Military benefits to deliver further added value.

To activate this offer, an Audi 8-digit alpha-numeric authorization number is needed that must be generated by the eligible shopper for purchase under the eligible shopper's name. The authorization number is not transferrable. Only one (1) VIN per Audi authorization number. * Shoppers will need to bring a physical copy of the Offer Form and a Drivers License to redeem this offer at an Audi dealership. **

Audi USA is proud to support our U.S. military by offering preferred pricing and exclusive offers via the TrueCar Military program. Whether it is their first time in an Audi or if they are already part of the Audi family, we are thrilled to make this offer available to U.S. military members and their families, said Thiemo Rusch, Senior Vice President, Audi of America.

TrueCarlaunched TrueCar Militaryin May as a dedicated vehicle purchase program that provides exclusive Military incentives and exclusive benefits, on top of TrueCars existing benefits, to those who have served our countrys armed forces and their families.

TrueCar Military is available to allvalidated U.S.active duty service members, veterans and their families. Current TrueCar Military benefits include:

-- Up to $4,000in Military Incentives on Select Makes and Models -- Dealer Discounts on New and Used Vehicles -- Up to$4,000Worth of Benefits for Repair and Auto Deductible Reimbursement -- Dedicated Military Customer Service Hotline -- Receive a limited time offer $200 Sams Club Gift Card through October 13, 2020

For more information on TrueCar Military, please visit: http://www.truecar.com/military.

* *This offer can be used with financing/lenders outside of Audi Financial Services (AFS) and AFS Special/Standard rates. The program is not compatible with Dealer Employee Purchase Program, Audi Live Prospect Offer, any Corporate Sales Program or Employee Benefits Selector Program. See dealer for details.

** Name on the Offer Form must match name on drivers license.

About TrueCar

TrueCaris a leading automotive digital marketplace that enables car buyers to connect to our nationwide network of Certified Dealers. We are building the industry's most personalized and efficient car buying experience as we seek to bring more of the purchasing process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new and used cars all with a clear view of what's a great deal. When they are ready,TrueCarwill enable them to connect with a local Certified Dealer who shares in our belief that truth, transparency and fairness are the foundation of a great car buying experience. As part of our marketplace,TrueCarpowers car-buying programs for over 250 leading brands, including AARP, Sams Club, andAmerican Express. Nearly half of all new-car buyers engage withTrueCarpowered sites, where they buy smarter and drive happier.TrueCaris headquartered inSanta Monica, California, with offices inAustin, TexasandBoston, Massachusetts.



For more information, please visitwww.truecar.com, and follow us onFacebookor Twitter.TrueCarmedia line: +1-844-469-8442 (US toll-free) | Email:pr@truecar.com

TrueCar Public Relations Contacts:Shadee Malekafzalishadee@truecar.com424.258.8694

Tanya Kohantkohan@truecar.com714.425.6319