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AmeriCredit Unveils New Competitive 'Advantage'; Groundbreaking Remarketing Program Offers Consistent Quality to Auto Dealers.


FORT WORTH, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities.  -- AmeriCredit Corp. (NYSE NYSE

See: New York Stock Exchange
:ACF (Advanced Communications Function) An earlier official product line name for IBM SNA programs, such as VTAM (ACF/VTAM) and NCP (ACF/NCP).

ACF - Advanced Communications Function
) today unveiled the most comprehensive auto remarketing program of its kind -- the AmeriCredit Advantage -- which guarantees that certain AmeriCredit vehicles offered at auction are premium quality and "frontline front·line also front line  
n.
1. A front or boundary, especially one between military, political, or ideological positions.

2. Basketball See frontcourt.

3. Football The linemen of a team.
 ready."

After a rigorous inspection of the interior, exterior and mechanical components, qualifying vehicles are marked with the AmeriCredit Advantage seal of approval as follows:

--Assured Program: Every vehicle with the Assured seal is fit for the showroom floor. From the engine to the exhaust, these used cars pass an extensive test to make the grade.

--80+ Program: After a test drive performed by the auction, only the highest quality vehicles with more than 80,000 miles receive a "green light," which guarantees the car is mechanically sound, reliable and in good working condition.

"Auto dealers already trust AmeriCredit as a lender. Our new program is aptly named for the added advantages AmeriCredit offers as a seller," said Scott France, AmeriCredit's executive vice president of consumer services Consumer Services refers to the formulation, deformulation, technical consulting and testing of most consumer products, such as food, herbs, beverages, vitamins, pharmaceuticals, cosmetics, hair products, household cleaners, [paints, plastics, metals, waxes, coatings, minerals, . "The AmeriCredit Advantage will give auto dealers peace of mind that our reputation is behind every one of our qualified vehicles -- before and after the sale."

As part of the program, AmeriCredit's Global Arbitration Policy provides consistent guidelines guidelines,
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks.
 for resolving issues with any vehicle. If a dealer is not satisfied with an Assured vehicle, he or she can return it -- no questions asked. Cars in the 80+ Program are promised to perform dependably, or they can also be returned.

AmeriCredit Advantage also features Elite Sale Events that exclusively sell AmeriCredit's repossessed vehicles. These stand-alone auction sales, often held in conjunction with major sporting or promotional events, offer incentives to dealers.

The company is currently piloting AmeriCredit Advantage at six auctions and plans to complete a phased rollout for remaining locations. For a list of sale dates for auctions selling AmeriCredit vehicles, visit http://auctions.americredit.com.

AmeriCredit representatives will be available to discuss AmeriCredit Advantage at the annual National Automobile Dealers Association (NADA) Convention & Exposition in New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded  from Jan. 29 through Feb. 1, Booth 2241.

About AmeriCredit

AmeriCredit Corp. is a leading independent auto finance company. Using its branch network and strategic alliances with auto groups and banks, the Company purchases retail installment contracts installment contract n. an agreement in which payments of money, delivery of goods or performance of services are to be made in a series of payments, deliveries or performances, usually on specific dates or upon certain happenings.  entered into by auto dealers with consumers who are typically unable to obtain financing from traditional sources. AmeriCredit has approximately 1 million customers and $11 billion in managed auto receivables. The Company was founded in 1992 and is headquartered in Fort Worth, Texas. For more information, visit www.americredit.com.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 31, 2005
Words:417
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