This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

4 Cool Apps for New-Car Shoppers

Stocks in this article: HMC TM

BOSTON ( TheStreet) -- Mobile apps are becoming a bigger and bigger part of the car-buying process these, with lots of consumers whipping out smartphones or iPads at dealerships to show salespeople competing offers or lower suggested prices.

"What we're hearing from consumers is that they're really using apps to help them with negotiations," says Kenny Goldstein of car-information site Edmunds.com. "They're not being shy about literally pulling out a mobile device on the showroom floor ."

Some 1.5 million consumers have downloaded Edmunds' mobile app since it went live in 2010. All told, 3 million of the site's 18 million unique users now access information via apps or the mobile Web rather than through the traditional Internet.

Most car-shopping apps give you mobile access to lots of photos, reviews and pricing data for all sorts of models. Once you know what you want, you can usually search nearby dealerships' inventories by either entering your ZIP code or using your device's global-positioning software to ascertain your location.

Car-buying apps also typically include calculators to help you figure out what you can afford and what your monthly loan or lease payment will be.

Here's a look at four cool, free apps consumers should check out when they're looking for new cars. The apps are in alphabetical order.

Cars.com
Cars.com's app boasts what seems to be the most-comprehensive database of local dealers' inventories, at least in my neck of the woods.

For instance, the app came up with 1,539 new Toyota (TM) Corollas available for sale within 50 miles of my home -- more than double the 580 new Corollas that Edmunds.com's app listed.

The Cars.com app also has a great comparison tool that lets you look head to head at up to three cars actually in dealers' inventories. Most apps allow you only to compare models head to head (such as the Corolla vs. the Honda (HMC) Civic), but won't show you individual cars.

Add in an easy-to-use design and real-world price estimates from Kelley Blue Book and the Cars.com app works great. Its only real weakness is that it lacks a tool for building and pricing the model of your choice with whatever particular options that you want.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs