As the family travel season ramps up roomier modes of transportation grow more appealing - and nothing beats the pure functionality of a minivan in this area. As Chrysler's new Pacifica ups the ante in the segment with innovative features to make it an even better option for those seeking parent-friendly features, consumers can find excellent savings this month across the minivan segment, according to TrueCar, Inc. (NASDAQ: TRUE).

"To say that minivans have been the 'Rodney Dangerfield' segment of the auto market for many years, in terms of not getting the respect they deserve, is an understatement," said Eric Lyman, TrueCar's vice president of industry insights. "With the arrival of Chrysler's clever new Pacifica, resilient demand for Toyota's Sienna and the Honda Odyssey, and unmatched utility in terms of hauling kids and cargo it's time to give minivans a fresh look."

Savings worth noting in the segment include as much as $6,320, or 21%, off MSRP for a 2016 Dodge Grand Caravan SXT Plus minivan. The Grand Caravan's sister model, the 2016 Town & Country, currently can see savings worth as much as $5,315, or 16.2%, off MSRP this month.

The Pacifica, on sale as a 2017 model, is available currently with a no-interest finance offer for 36 months and up to $1,500 in customer cash, according to Chrysler. Additionally, it's available for lease at $269 per month for 36 months, with $2,999 down.

Toyota's Sienna, the top-selling minivan in the U.S. this year through May, currently is available with a no-interest loan offer for 60 months, while Honda is promoting a 0.9%, 60-month loan offer for its rival Odyssey. Kia offers even more generous terms for the Sedona, promoting a 66-month, no-interest offer for its minivan.

"SUVs and crossovers have overshadowed minivans for a long time, but there's definitely some new appeal for a lot of car buyers," said Cari Crane, TrueCar's senior industry analyst. "This class of vehicle is hard to beat for family road trips, but attractive prices and reasonably good fuel economy also make them an excellent choice."

Published monthly, the "TrueSavings" report analyzes recent transaction prices and identifies opportunities for consumer savings.

The Top 5 biggest savings off MSRP across all vehicle segments in June 2016:

Year/Make/

Model/Trim
  Segment   MSRP  

Market

Average
 

$ Savings/

% Savings
 

City/Hwy/Comb

MPG
         

2016 Dodge

Grand Caravan

SXT Plus
  Minivan   $30,390   $24,070   $6,320/20.8%   17/25/20.6

2016 Ford Fusion

Energi SE Luxury
  Midsize Car   $34,775   $27,757   $7,018/20.2%   40/36/37.7

2016 Lexus GS

200t
  Luxury Car   $46,565   $38,902   $7,663/16.5%   22/33/26.9

2016 Dodge Ram

1500 Lone Star,

Crew Cab, 4X4

Standard Bed
  Large Truck   $44,670   $37,282   $7,388/16.5%   19/27/22.7

2016 Chrysler

Town & Country

Touring
  Minivan   $32,870   $27,555   $5,315/16.2%   17/25/20.6

*"Market Average" is based on the national average of recent vehicle transactions, including destination and delivery charges after incentives that are subject to change. This does not include tax, title, licensing, documentation or processing fees, other state and governmental charges and/or fees or any other charges or fees allowed by law.

Average Customer Cash for TrueCar users**:2016 Ford F-150 4WD SuperCrew 6-1/2 Ft Box XLT: on average $3,413 in customer cash2016 Chrysler Town & Country Touring: on average $2,413 in customer cash2016 Hyundai Sonata Hybrid Sedan: on average $2,070 in customer cash2016 Ford Fusion Hybrid SE FWD Sedan: on average $1,966 in customer cash2016 Lexus ES 350 Sedan: on average $1,696 in customer cash**Based on average manufacturer-to-customer incentive offers reflected on TrueCar Certificates between 6/1/2016-6/9/2016 for the specified trim.

A snapshot of some of the best manufacturer lease and finance deals available in certain regions Finance offers*:2016 Toyota Sienna: 0.0% financing for up to 60 months, Exp: 7/5/162017 Chrysler Pacifica: 0.0% financing for up to 36 months, plus up to $1,500 cash allowance, Exp: 7/5/162016 Honda Odyssey: 0.9% financing for up to 60 months, Exp: 7/5/162016 Kia Sedona: 0.0% financing for up to 66 months, Exp: 7/5/16

Lease offers*:2016 Toyota Sienna: $259/month for 36 months, $1,999 down, 12,500 miles/year, no security deposit, Ex: 7/5/162017 Chrysler Pacifica: $269/month for 36 months, $2,999 down, 10,000 miles/year, no security deposit required, Exp: 7/5/162016 Honda Odyssey: $259/month for 36 months, $2,499 down, 12,000 miles/year, no security deposit, Exp: 7/5/162016 Kia Sedona: $279/month for 36 months, $1,999 down, 12,000 miles/year, no security deposit, Exp: 7/5/162016 Dodge Caravan SE: $289/month for 36 months, $2,999 down, no security deposit.

(The deal information summarized above is provided for illustrative purposes only, and is not an offer to lend. Results may vary depending on your individual circumstances, including credit approval by dealer/manufacturer. Deals are subject to change and are limited to inventory on hand. See your dealer/manufacturer for details, including actual offers available in your region.)

About TrueCar

TrueCar, Inc. (NASDAQ: TRUE) is a digital automotive marketplace that provides comprehensive pricing transparency about what other people paid for their cars and enables consumers to engage with TrueCar Certified Dealers who are committed to providing a superior purchase experience. TrueCar operates its own branded site and its nationwide network of more than 11,000 Certified Dealers also powers car-buying programs for some of the largest U.S. membership and service organizations, including USAA, AARP, American Express, AAA and Sam's Club. Over one third of all new car buyers engage with the TrueCar network during their purchasing process. TrueCar is headquartered in Santa Monica, California, with offices in San Francisco and Austin, Texas. For more information, go to www.truecar.com. Follow us on Facebook or Twitter.

TrueCar media line: +1-844-469-8442 (US toll-free) | Email: pressinquiries@truecar.com

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