Have you ever wonder about this question: "why do people pay widely different prices for identical cars"?

The answer is quite simple: a consumer has no way of finding out what other people have paid for similar cars. This lack of price transparency gives car dealers to sell each and every car through a bargaining process that is more like haggling in an Egyptian Market. Facing a blizzard of negotiating tactics from car salesmen, nice people often got bad deals.

According to NADA, identical cars may be sold for prices that vary by hundreds, or even thousands of dollars, depending on buyer's knowledge and negotiation skills.

OpenCarPrice.com has launched a project that tackles this problem with a unique approach: to use "crowdsourcing" to collect "actual paid price" data that car dealers would never share with you!

Car shoppers have submitted thousands of detailed sales records for new-cars that they recently bought. It is a good example of how the Internet and the collective knowledge of the "crowds" can do amazing things that otherwise difficult to do!

Armed with those sales records, consumers are much strong negotiation positions to get the same deals that other savvy car shoppers have managed to get. Car shopping also becomes a lot simpler - showing up with sales records of similar cars is often enough to make the dealers settle quickly without playing the "games" of negotiation.

Additional info about OpenCarPrice.com can be found at http://opencarprice.com/faqs.html