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RouteOne and N.A.D.A. Official Used Car Guide Company Announce Launch of the autoValue Used Vehicle Valuation Tool


October 2006
 Filed under: CAR CONSUMER Car News | CAR CONSUMER Headlines
N.A.D.A. Used Vehicle Values IntegratedFARMINGTON HILLS, Mich., Oct. 25 /PRNewswire/ -- RouteOne LLC and the N.A.D.A. Official Used Car Guide(R) Company (N.A.D.A.) announced today that they have launched RouteOne's autoValue(TM) product integrated with values from the N.A.D.A. Official Used Car Guide.
autoValue will allow dealers to precisely and quickly obtain N.A.D.A. values during RouteOne's online credit application process. The information available to subscribing dealers and lenders will include N.A.D.A. base values, as well as adjustments for mileage and optional accessories. The dealer can value a vehicle independently using the online autoValue tool, and then effortlessly transfer all the information about the vehicle and its value to a RouteOne credit application. autoValue eliminates the need for dealers to manually find, calculate and then enter the information in the credit application. It will allow dealers and lenders to use the industry leading N.A.D.A. values on the RouteOne platform in order to 'speak the same language' when valuing trade-in vehicles and used car collateral.

"We continue to add value to the RouteOne platform," said Mike Jurecki, RouteOne CEO. "Our goal is to help our dealer and finance source customers process and fund applications as quickly and easily as possible. Our partnership with N.A.D.A. allows us to provide a seamless valuation tool in the dealership process where it adds the most value. And our subscription model will not require long-term commitments -- it will be focused on dealer choice, like everything we do."

"We are very pleased to be an integral component of the RouteOne autoValue application," said James Gibson, N.A.D.A. Business Development Manager. "This is an excellent opportunity to bring greater efficiency to the vehicle valuation process for our dealer and lender clients."

The autoValue tool is available now to all dealers, who will be offered a free thirty-day trial to familiarize themselves with the product. Dealers may subscribe on a monthly basis -- no long-term commitments will be required.

About RouteOne

RouteOne was formed in 2002 by DaimlerChrysler Financial Services, Ford Motor Credit Company, GMAC, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in North America, RouteOne's web- based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at http://www.routeone.com/ .

About the N.A.D.A. Official Used Car Guide(R) Company

The N.A.D.A. Official Used Car Guide(R) Company, a NADASC subsidiary, has provided used vehicle valuation products and services to the auto, finance, fleet/lease, government and insurance industries since 1933. In addition to the N.A.D.A. Official Used Car Guide(R), N.A.D.A. also produces the N.A.D.A. e-Valuator(R) valuation software family, various developer's tools, the ATD/N.A.D.A. Official Commercial Truck Guide(R), AuctionNet(R) Online, consumer and business web sites (http://nadaguides.com/ and http://nada.com/b2b ), and a full line of appraisal guides, including RVs, boats and motorcycles.

Source: RouteOne LLC

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