Sonic Automotive, Inc. Joins the lanelogic Used Vehicle Trading Network

DALLAS--July 21, 2006--lanelogic, the used vehicle market-maker, and Sonic Automotive signed an agreement allowing Sonic to immediately implement lanelogic's trading systems into their dealerships. lanelogic is currently piloting in the Texas and Oklahoma regions. Sonic's Dallas-area dealerships will immediately join the pilot Texas platform.

lanelogic's Wall Street inspired trade floor is designed to increase profitability and customer satisfaction by giving Sonic Automotive dealers the ability to eliminate unwanted trade-ins or aged units immediately with lanelogic's guaranteed five minute buy bids. lanelogic enables Sonic to sell more cars by offering more money for their customer's trade-in vehicles. Leveraging its buying power, lanelogic bids average $1200 more per vehicle enabling stores to win more trades and substantially reduce wholesale loss.

"lanelogic is thrilled to partner with Sonic and take the hassle out of remarketing unwanted trade-in vehicles, while procuring for each dealership a constant supply of only their best performing vehicles. Sonic Stores can manage their inventory by eliminating the vehicles that do not provide economic return without having wholesale loss risks," said Bruce Thompson, Founder and CEO of lanelogic. "lanelogic also gives Sonic the ability to hedge 100% of its inventory risks with our new "Put" Bid Program."

"lanelogic's trading technology is revolutionary. We have observed the results of the lanelogic pilot in Texas/OK and the results are encouraging. The ability to lift our closing ratios and acquire risk free core inventory is a very compelling proposition. We are very pleased to be part of this new trading platform and look forward to great things from lanelogic," said Jeff Rachor, President Sonic Automotive, Inc.

About lanelogic

Launched in November of 2005 in Dallas, Texas, partnered with Internet pioneer VB2/Copart , lanelogic's credibility is bolstered by its leadership in the form of CEO Bruce Thompson, former CEO and founder of American Auto Exchange. Strategic alliances with VB2, American Auto Exchange, Auction Broadcasting Company (ABC Auctions), SGS, Cross Country Automotive Services and Great American Insurance Group mean that lanelogic is uniquely positioned to gather the needed inventory intelligence to deliver the industry's first, live guaranteed bid network. For more information, please visit: http://www.lanelogic.com/.

Learn more about lanelogic by watching a video presentation: http://www.lanelogic.com/demo

About Sonic Automotive, Inc.

Sonic Automotive, Inc., a Fortune 300 company based in Charlotte, N.C., is one of the largest automotive retailers in the United States operating 175 dealership franchises and 38 collision repair centers in 15 states. Sonic can be reached on the Web at www.sonicautomotive.com.