Work Truck Logo
MenuMENU
SearchSEARCH

Many Internet Car Price Sites Still Inaccurate: CNW Study

by Staff
April 18, 2001
2 min to read


The U.S. car industry continues to be plagued by Internet price and orderability inaccuracies, according to CNW Marketing Research's second annual "Online Vehicle-Pricing Accuracy Study." Consumers who rely on the Internet for dealer invoice and Manufacturer's Suggested Retail Price (MSRP) pricing data are being led astray by as much as hundreds of dollars, according to the Bandon, Ore.-based automotive research firm. In addition, the 2001 study shows many instances of a consumer's ideal vehicle not being "buildable" on some sites even though the configuration of make, model and options is offered by the manufacturer. CNW measured 10 third-party online automotive information providers including AOL.com, AutoWeb.com, CarsDirect.com, CarPoint.com, CarPrices.com, ChromeData (through Yahoo), Edmunds.com, IntelliChoice.com, Kelley Blue Book (KBB.com), and Vehix.com. The most accurate pricing and configuration information provider was Chrome for the second year in a row with an average error of barely $24, down from $84 a year ago. While this year's study shows vast improvements for some of the sites including Chrome and Kelley, overall inaccuracy grew from $444 in the 2000 study to $630 this year. In a second phase of the study, "average consumers" using various types of computer systems were asked to rate each of the online information providers. CarPrice.com was ranked highest at 8.34 on a 10-point scale. It, too, uses Chrome as its price and vehicle-configuration provider. Kelley and Edmunds were second and third. AOL, AutoWeb and IntelliChoice were rated lowest. "As many now-defunct automotive dot-coms discovered, online new-car pricing is tricky and difficult," said CNW Marketing Research president Art Spinella. "It requires precision software that reduces the likelihood of consumer errors while accurately reflecting the manufacturers' dealer-invoice and MSRP prices." Because of the flaws in many of those former automotive sites, consumers are not as trusting of online automotive data as they were just a year ago, other CNW studies reveal. This increasing rate of skepticism and a rebirth of in-person comparison-shopping means a dealer or online site must have the most accurate information possible or suffer the potential loss of valuable customers, CNW said.

More Small Fleet

Cover of a whitepaper titled “The Hidden Costs of Departmentally Assigned Vehicles on Your Fleet” featuring a black fleet vehicle driving on a road at sunset. Subheadline reads: “Discover how your fleet can reduce costs and minimize risk by implementing vehicle sharing.” The document focuses on fleet optimization, vehicle sharing, cost reduction, utilization tracking, and risk management for fleet operations.
SponsoredMay 13, 2026

Why Fleet Managers Are Replacing Departmental Vehicles with Shared Motor Pools

Departmentally assigned vehicles often create hidden costs through underutilization, poor visibility, and increased administrative burden. This white paper explores how shared motor pool strategies help fleets reduce costs, improve accountability, and optimize vehicle utilization.

Read More →
SponsoredMarch 9, 2026

Boosting Last-Mile Fleet Uptime, Safety, and Value with AI Vehicle Inspections

AI-powered inspections are transforming last-mile fleets by replacing manual checks with highly accurate automated scans that detect defects in seconds. By giving fleet operations visibility into the daily condition of their vehicles, you can identify trends over the vehicle’s lifecycle that enable improved procurement decisions, route management, driver training and accountability.

Read More →
SponsoredMarch 1, 2026

Report: How AI Is Reshaping Fleet and Field Service Operations

AI is moving beyond the back office and into the driver’s seat of work truck and field service operations. New research shows fleets are using AI to improve predictive maintenance, optimize dispatch and routing, reduce downtime, and boost technician productivity, while also tackling challenges around workforce adoption and data readiness. Discover the trends, technologies, and real-world use cases shaping the future of connected work truck fleets.

Read More →
Ad Loading...
SafetyFebruary 4, 2026

Five Ways Seat Belts Help Prevent Injuries

There are five ways seat belts protect occupants from injuries, according to the Tennessee Department of Safety and Homeland Security.

Read More →
SponsoredJanuary 14, 2026

It’s here: The 2026 Fleet Technology Trends Report

What does AI mean for fleets? Get the answer — and learn other top tech trends.

Read More →
Wreaths Across America graphic highlighting the role of small fleets in delivering wreaths to honor veterans, featuring wreath icons and the American flag.
Small Fleetby Lauren FletcherDecember 8, 2025

Small Fleets, Big Impact: How Independent Drivers Power Wreaths Across America

Check out how small fleets and independent drivers power Wreaths Across America each December and why their impact matters more than ever.

Read More →
Ad Loading...
A stressed person covers their face, illustrating that 65% of small fleet managers handle all operations alone, according to a Vehicle Management Systems (VMS) survey.
Small Fleetby StaffNovember 12, 2025

VMS Survey Finds 65% of Small Fleet Managers Run Operations Alone

A new VMS survey shows small fleet managers are stretched thin, with most handling operations solo and eager to adopt digital tools for relief.

Read More →
Safe Driving on Halloween over spooky fall road
Safetyby StaffOctober 20, 2025

Tips for Driving Safely on Halloween Night

This video features a reminder from the Connecticut Department of Transportation (DOT) and the Connecticut Police Chiefs Association, urging drivers to prioritize safety this Halloween.

Read More →
VMS Co-CEO David Prusinski highlights the company’s AI-powered virtual fleet manager designed to improve uptime and reduce operating costs for fleets.
Green Fleetby Lauren FletcherOctober 6, 2025

AI, Access, and Uptime: VMS’s Next Chapter with David Prusinski

VMS’s new Co-CEO, David Prusinski, shares how an AI-first approach will give small fleets and repair shops the tools to compete like big players.

Read More →
Ad Loading...
Photo of tire tracks and winter scenes.
Small FleetMay 24, 2025

Fleet Managers Share Winter Prep Tips: It's Never Too Early!

Three fleets share best practices to prep vehicles for winter and prevent downtime when the cold sets in.

Read More →