AutoMart Joins Forces with Carfax; Instant Access To Vehicle History Reports Available On Largest Dealer Listing Site.FAIRFAX, Va. -- AutoMart.com, the Internet's largest automotive Web site featuring used car listings exclusively from dealers, has partnered with vehicle history provider Carfax. AutoMart adds a powerful sales tool to its online inventory by automatically linking vehicle listings to Carfax Reports run by dealers. Used car shoppers get on-the-spot vehicle history information to make easier, more informed buying decisions. Each vehicle that qualifies will come with the exclusive Carfax Buyback Buyback The buying back of outstanding shares (repurchase) by a company in order to reduce the number of shares on the market. Companies will buyback shares either to increase the value of shares still available (reducing supply), or to eliminate any threats by shareholders who may Guarantee. "This partnership has huge benefits for those dealers who list their inventory on AutoMart.com and shoppers who use the site looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. their next car," says Bernie Brenner, vice president of business development at Carfax. "Studies show dealers who use Carfax can make as much as $300 more per sale. Consumers can buy with confidence - especially when that car is backed by the Carfax Buyback Guarantee." The two leading companies joined forces to give dealers a distinct advantage in the online sales arena. AutoMart.com currently lists more than 800,000 pre-owned cars from 15,000 dealers and can potentially provide instant access to Carfax Reports for every listing. "Carfax Vehicle History Reports are a must-have for our customers," states Skip Dowd Dowd is a derivation of an ancient surname which was once common in Ireland but is now quite rare. The name Dowd is an Anglicisation of the original Ui Dubhda, through its more common form O'Dowd. , regional vice president for AutoMart.com. "Many of our dealers already use Carfax, so the addition of instant access to the reports is a wonderful enhancement to our service. We now have a top-notch Web site for our dealers that better meets the needs of the online car buyer." About Carfax Founded in 1986, Carfax pioneered the concept of the vehicle history report. Carfax Vehicle History Reports, the most comprehensive collection of used vehicle information ever assembled, can confirm a clean title history or help purchasers identify previous salvage salvage, in maritime law, the compensation that the owner must pay for having his vessel or cargo saved from peril, such as shipwreck, fire, or capture by an enemy. Salvage is awarded only when the party making the rescue was under no legal obligation to do so. history, odometer fraud Odometer fraud is the illegal practice of rolling back odometers to make it appear that vehicles have lower mileage than they actually do. Odometer fraud occurs when the seller of a vehicle falsely represents the actual mileage of a vehicle to the buyer. , flood damage and more. Carfax, Inc., based in Fairfax, Virginia Fairfax is an independent city forming an enclave within the confines of Fairfax County, in the Commonwealth of Virginia. Although politically independent of the surrounding county, the City of Fairfax is nevertheless its county seatGR6. , is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the R.L. Polk & Co. About AutoMart.com AutoMart.com is the Internet's largest automotive Web site featuring used car listings exclusively from dealers. With the second largest database of searchable cars for sale on the Web, AutoMart.com showcases listings provided by Auto Mart Magazine and other automotive publications from Trader trader in U. S. income tax law, a person who deals in property as a business, making several purchases and sales within a year as distinguished from a few sales of assets held for investment. Publishing Company. AutoMart.com is owned and operated by United Advertising Media and Trader Electronic Media, both divisions of Trader Publishing Company. |
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