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AutoTrader.com Commemorates National Car Care Month, Highlights Benefits of Preventative Maintenance.


Business Editors/Automotive Writers

ATLANTA--(BUSINESS WIRE)--Oct. 1, 2001

As Used Car Sales Rise, Consumers Recognize Importance of Car

Care; Safety, Vehicle Longevity, Resale Value Increase

AutoTrader.com, the Internet's largest automotive classifieds site, is urging consumers to support National Car Care Month, which begins today. With consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level.  down and the economy sluggish, more consumers are realizing the benefits of buying and owning a quality used car. As a key source for information on how to keep used vehicles in top condition, AutoTrader.com's revamped "Car Care" section outlines detailed tips on preventative maintenance that saves money, keeps safer, more efficient automobiles on America's roadways and improves resale values.

Used vehicles, purchased 4:1 over new, cost 20 to 40 percent less and are generally less expensive to insure. With nearly 42 million used cars sold in 2000, consumers are seeking quality near-new cars because of the value they offer versus buying new. AutoTrader.com has the largest selection of vehicles available from both dealers and private sellers -- more than 1.7 million -- representing 50% of all used cars sold in the U.S. Off-lease and certified pre-owned A Certified Pre-Owned or CPO, car is a type of used car. Most often late-model, they differ from run of the mill used cars by having been refurbished, and certified by the original dealer as being as good as new.  cars give consumers peace-of mind when 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.
 the right vehicle because of their low-mileage and extended manufacturer-backed warranties.

"Recognizing October as Car Care Month alerts consumers to the benefits of conducting preventative maintenance in preparation for the winter season," said Chip Perry, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , AutoTrader.com. "The safety of every driver and passenger on America's roads today depends on regular, routine car care which includes proper everyday usage and professional check-ups."

National Car Care Month Initiative

National Car Care Month is a time when drivers are urged to focus attention to the benefits of maintaining their vehicles. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a recent survey of ASE-certified Master Technicians, a properly maintained vehicle will run more efficiently, pollute less and last up to 50 percent longer. As consumers look for ways to save money in a sluggish economy Sluggish Economy

A state in the economy in which the growth is slow, flat or declining. The term can refer to the economy as a whole or a component of the economy, such as weak housing starts.
, taking good care of a quality used car rather than spending more for a new car makes sound financial sense.

Preventative maintenance can also significantly reduce the chance of serious auto accidents on the road. Of all motor vehicle accidents motor vehicle accident Public health A morbid condition that kills 45,000/yr–US; 60% are < age 35; MVAs account for 500,000 hospitalizations and most 20,000 spinal cord injuries, at a cost of $75 billion/yr , 5.2 percent are caused by car neglect, resulting in more than 2,600 deaths and nearly 100,000 disabling injuries, according to the Car Care Council, an Ohio-based company formed to improve highway safety, air quality, and fuel conservation. More than $2 billion is lost each year to car neglect, with medical expenses totaling $200 million. More information on National Car Care Month can be found at www.carcarecouncil.org.

Following are AutoTrader.com's easy tips to keep vehicles in good working order.
-- Find a good service shop. Talk to friends and co-workers-word of mouth is
the best form of referral. You may have to pay more, but technicians who
specialize in your brand of automobile have special training that can save
time, money and aggravation.

-- Inspect car's fluids. All fluids, with the exception of the coolant, should
be checked in accordance with the owner's manual-usually every 3,000 to 5,000
miles; coolant should be changed every two years or 30,000 miles.

-- Check drive belts, hoses and clamps. Every 5,000 miles, check, tighten and
replace when needed.

-- Inspect battery level and cables. Loose cables or corrosion of the battery
could cause breakdowns.

-- Inspect the air filter. Maintaining a clean air filter is crucial as more
cars fill the nation's highways. A dirty air filter could cause engine damage
and gives the car less power.


About AutoTrader.com

AutoTrader.com is the Internet's largest auto classifieds marketplace and a comprehensive main source for consumers interested in buying or selling a new or used vehicle, or seeking information on price comparisons, safety tips, financing, insurance or warranty information. Through its strategic alliances with Manheim Auctions Manheim Automotive Services is the largest and highest volume wholesale automobile auction company in the world. As a subsidiary of Cox Enterprises, Inc., Manheim provides services including financing, title work, transportation, recovery, auto body repair, dealership management , Trader Publishing Company, ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing.

(2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp.
, Inc., America Online See AOL.  and eBay, AutoTrader.com aggregates in a single location a comprehensive database of 1.7 million vehicle listings from 40,000 dealers and 250,000 private owners, which provide consumers the largest selection of used vehicles in their local market.

AutoTrader.com was created in 1997 and is a majority-owned subsidiary majority-owned subsidiary

A firm in which more than 50% of outstanding voting stock is owned by the parent company.
 of Manheim Auctions, Inc., the world's largest operator of wholesale auto auctions since 1945. Manheim Auctions, 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 media conglomerate Cox Enterprises Cox Enterprises is the successor to the publishing company founded in Dayton, Ohio, by James Middleton Cox, who began with the Dayton Daily News. The company is private, 98% controlled by the octogenarian daughter of Cox, Anne Cox Chambers, and the two children of her late , Inc., is AutoTrader.com's principal stockholder and a key investor along with Landmark Communications, ADP, Inc., eBay, Inc, and the venture capital firm Kleiner Perkins Caufield & Byers. For more information, visit http://www.autotrader.com or call 404-269-7359.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 1, 2001
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