FOR IMMEDIATE RELEASE
Edmunds.com Simplifies the Used Vehicle Shopping Process; Launches Used Vehicle PowerShopper with Autobytel.com, AutoNation, AutoTrader, AutoWeb, CarDay, General Motors Certified Used Vehicles, iMotors, and Stoneage
SANTA MONICA, CA — April 23, 2001 — Edmunds.com, the Web's leading consumer resource for unbiased automotive information, today announces the launch of Used Vehicle PowerShopper, a free consumer service that simplifies and aggregates the various transaction options in the used vehicle marketplace, making them easily understandable and accessible to used vehicle shoppers and sellers.
After a visitor inputs a ZIP code and indicates interest in buying or selling a vehicle, Used Vehicle PowerShopper provides a list and description of appropriate service providers in the selected region. At launch, participating companies in Used Vehicle PowerShopper include Autobytel.com, AutoNation, AutoTrader, AutoWeb, CarDay, General Motors Certified Used Vehicles, iMotors, and Stoneage.
"Used vehicle shoppers and sellers have many online and offline options in today's marketplace," said Avi Steinlauf, Vice President of Strategic Partnerships and Alliances at Edmunds.com. "Edmunds.com visitors conducting research on used vehicles will appreciate Used Vehicle PowerShopper's effectiveness and simplicity in explaining how each service works, so that individuals can make their own informed decisions and pursue the transaction style of their choice."
Edmunds.com's newest shopping tool compliments the existing New Vehicle Powershopper service, introduced in August 2000 to help consumers research and evaluate online and offline new vehicle purchase options, and then easily link from Edmunds.com to make a purchase through the service they select. New Vehicle PowerShopper participants include Autobytel.com, Acura, AutoNation.com, Carsdirect.com, DealerNet.com, General Motors Buy Power, Honda, Lincoln-Mercury, LiquidPrice.com, and Sonic Automotive.
Consistent with Edmunds.com's long-standing policies of impartiality and objectivity, consumers are invited to share their feedback about the quality of their online purchase and selling experiences using the New and Used Vehicle PowerShopper tools through Edmunds' Town Hall community.
To access Edmunds.com's Used Vehicle PowerShopper, please visit http://apps.edmunds.com/apps/uvl/uvlsearch.do.
Headquartered in Santa Monica, CA, Edmunds.com Inc. , is the Internet's pioneer and leader in providing free, third party automotive information, tools and services for consumers. Edmunds.com empowers, educates, and engages visitors by providing them with straightforward information on key aspects of buying, selling, and owning a vehicle. For example, Edmunds has launched its True Market Valuesm products to inform the general public of the actual transaction prices of vehicles and vehicle finance rates, while the Edmunds.com PowershopperSM offers car shoppers the opportunity to research and pursue online and offline purchase options in the informative, consumer-friendly environment of the Edmunds web site. Visitors are also provided extensive automobile reviews, consumer information, safety updates, incentive and rebate news, expert analysis of developments in the automotive world, and the Town Hall, an interactive community of more than 500,000 registered members. Edmunds.com received Yahoo! Internet Life's Gold Star Site honor for excellence in the category of "Best Car-Buying Tips," was ranked number one in the Survey of Car-Shopping Web Sites as reported by The Wall Street Journal, rated the number one automotive and second overall web site in the Dialscore loyalty study, was named as one of Yahoo! Internet Life's 50 Most Incredibly Useful Sites, one of Money's 50 Most Useful Financial Websites, both a Digital Favorite and one of the Top 10 Editors' Picks in TIME's On Magazine, and among Entrepreneur Magazine's Top 100 Web Sites for Entrepreneurs.