Edmunds.com, Inc. is a US-based online automotive resource website. It contains information on various matters in the motoring field including car reviews, dealership deals, etc.
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Edmunds Edmunds is a privately held company founded in 1966 by Ludwig Arons. It initially began as Edmunds Publications which was a booklet containing information on car services and deals and aimed at helping prospective car buyers to make wise buying decisions.
The company is today owned by the Peter Steinlauf family which owns a controlling stake. It is headquartered in Santa Monica, California and also has an office in Detroit, Michigan.
Products and Services Offered by Edmunds
Edmunds offers services to car owners, shoppers, and dealers through its web site Edmunds.com. Some of these services are such as car prices for both new and used cars. This included projecting of prices which helps buyers prepare in advance with the right amount when shopping for a car.
The website also has dealer and inventory listings, car reviews from test drives, tips, and advice on how to purchase a certain car, etc.
Through its 'True Market Value' tools, Edmunds displays the projected average price buyers are paying for cars.
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