Two Millionth Passenger Vehicle Sold on eBay Motors

SAN JOSE, Calif.--Aug. 8, 2006--eBay Motors today announced that its two millionth passenger vehicle has been sold in the U.S. The milestone vehicle is a blue 2005 Jeep Liberty purchased by first-time eBay Motors buyer Kelly Joyce of Charleston, S.C., from Century Motors of Pompano Beach, Fla.

"Only six years ago, the thought of going online and buying a car you've never seen --from a seller you've never met - was an unfamiliar concept to most people," said Rob Chesney, senior director of eBay Motors. "Since then, two million buyers have successfully bought cars and trucks on eBay Motors. It's a fundamental shift in car purchase behavior, and we're gratified that so many buyers and sellers have made eBay Motors what it is today - America's preferred online destination for buying and selling not just vehicles, but parts and accessories, too."

Joyce had never thought about going online to find a car. After an accident totaled her previous vehicle, she needed to find a reasonably priced car fast. On eBay Motors, Joyce found the perfect car for her listed by Century Motors at a great price, $3,000 under the Kelly Blue Book suggested retail value.

Frank and Gina Fuzy, the owners of Century Motors, have made selling cars online a significant part of their business. Already a successful dealership with a 25-year history, they were originally skeptical that people would actually buy a car sight-unseen on eBay Motors. They listed Century Motors' first car only after a friend convinced them to try, and were amazed when bidding quickly escalated. Today, Century Motors has grown its business and now sells exclusively on eBay Motors. Currently selling about two cars a day on eBay Motors, the dealership is building a new $1.1 million warehouse to store its vehicles.

In its first years, eBay Motors was embraced by car collectors and enthusiasts. Today, the site has evolved into a destination for everyday car buyers and dealers where a vehicle is sold every 60 seconds. eBay Motors helps people find deals in a safe, easy-to-use marketplace. The site offers multiple purchase methods including auction-style, fixed price and Best Offer, which allows buyers and sellers the ability to negotiate. In addition, eBay Motors enables several third party services for customers including vehicle inspections, shipping, financing and up to $20,000 in buyer protection for qualified purchases.

About eBay

Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, eBay is enabling global e-commerce for an ever-growing online community.

The World's Online Marketplace(R).

About eBay Motors

eBay Motors (www.ebaymotors.com), a part of eBay Inc., is the Internet's largest marketplace for buying and selling all things automotive. The site offers everyday cars for everyday drivers, as well as collector cars, motorcycles, auto parts and accessories. eBay Motors is consistently ranked the No. 1 automotive site on the Web by Nielsen//NetRatings.