FOR IMMEDIATE RELEASE
National and Regional Automotive Incentive and Rebate Information For Consumers and Dealers Now Available on Edmunds.com
Santa Monica, CA July 25, 2001 - Edmunds.com (http://www.edmunds.com), the Web's leading consumer resource for unbiased automotive information, announced today that it is now the first automotive site to report both national and regional incentives and rebates available to both consumers and dealers. Special financing rates and lease terms are also provided. All of this information is available for free to any visitor who enters a zip code on Edmunds.com's Incentives and Rebates page at http://apps.edmunds.com/incentives/step1.jsp.
"Savvy shoppers will recognize that this service provides valuable financial information that can be used in automobile price negotiations," according to Mike Darrow, President of Edmunds Data Services, a division of Edmunds.com, Inc. "Consumers are much more likely to get a fair deal if they come to the table prepared with Edmunds.com's True Market ValueSM pricing and the various money-saving offers available on their vehicles of interest."
The unique database is fueled by Edmunds Data Services, a 50-person team dedicated to collecting and providing automotive information useful to consumers and industry insiders alike. Edmunds Data Services provides its complete database to interested parties upon request.
Headquartered in Santa Monica, CA, Edmunds.com (http://www.edmunds.com) 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 cars and trucks 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 active members. Many of these resources are powered by Edmunds Data Services, which provides a complete automotive data set to the Edmunds.com Web site and licenses such data to third parties. Edmunds.com was ranked number one in the Survey of Car-Shopping Web Sites as reported by The Wall Street Journal, rated number one automotive and second overall web site in the Dialscore loyalty study above Yahoo!, Amazon and Mapquest, was named as one of Yahoo! Internet Life's 50 Most Incredibly Useful Sites, one of Money's 50 Most Useful Financial Websites, and is regularly mentioned as a valuable resource in these and other publications.