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Carfax Hot Listings Simplifies Used Car Shopping.


FAIRFAX, Va. -- Carfax today celebrates the one-year anniversary of its exclusive used car listing service, Carfax Hot Listings. Since its launch, Carfax-subscribing dealers have made nearly six million used cars available to shoppers through Hot Listings. Each vehicle comes with a free Carfax Vehicle History Report provided by the listing dealer. Every vehicle in Hot Listings is backed by the 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.

"Hot Listings has far exceeded our expectations in its first year," said Larry Gamache, communications director at Carfax. "Thousands of consumers visit our Web site each day and have looked at the cars our dealer customers post in Hot Listings more than 35 million times over the course of this past year. Partly because of the success of Hot Listings, used car shoppers have come to expect vehicle history reports with cars listed for sale online."

Hot Listings helps the 25 million annual carfax.com visitors find the right used car faster and easier. Consumers can quickly choose from thousands of vehicles posted each month by entering specific search criteria (i.e. make, model, year) and also opt to receive emails each time a new match is added to Hot Listings.

By simply running a Carfax Vehicle History Report, the 25,000 Carfax-subscribing dealers can automatically add their vehicles to Hot Listings.

"One customer called about an Audi A4 I had just taken in on a trade two hours earlier," said Dave Mitre, pre-owned manager at Walter's Auto Sales Auto Sales

The major producers of domestic automobiles report sales monthly. These numbers are seasonally adjusted by the U.S. Department of Commerce and are available to the public one to five business days after the end of each month.
 & Service in Riverside, CA. "We hadn't even put the car in the shop yet and I wondered how she knew about it. It was pretty amazing a·maze  
v. a·mazed, a·maz·ing, a·maz·es

v.tr.
1. To affect with great wonder; astonish. See Synonyms at surprise.

2. Obsolete To bewilder; perplex.

v.intr.
 to discover she had found it in Carfax Hot Listings!"

Consumers can sign up for Carfax Hot Listings by visiting carfax.com. Dealers interested in becoming a Carfax subscriber can do so at carfaxonline.com.

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 as·sem·ble  
v. as·sem·bled, as·sem·bling, as·sem·bles

v.tr.
1. To bring or call together into a group or whole: assembled the jury.

2.
, 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. Used car buyers can access more than three billion vehicle history records assembled from thousands of different sources in the Carfax nationwide database at www.carfax.com or through a participating dealer. Used cars purchased with Carfax Vehicle History Reports that confirm a clean title history as reported by the state departments of motor vehicles may be eligible for the Carfax Buyback Guarantee. 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.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Business Wire
Date:Jul 5, 2005
Words:430
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