Carfax Announces Enhanced Vehicle History Report; Redesign Will Better Serve Customers

    FAIRFAX, Va.--March 14, 2001--Carfax, Inc., the leading provider of vehicle history information, is pleased to announce the launch of a new version of their Carfax Vehicle History Report(TM).
    "We've redesigned the report based on feedback from our customers," says Dick Raines, President of Carfax Inc. The new report includes an easy to read summary, a history analysis with bold new icons to quickly identify good or bad news about the vehicle's past and a ready-to-print copy of Carfax's $5,000 Clean Title Guarantee certificate for vehicles showing a clean title history.
    "The new report comes on the heels of our Clean Title Guarantee enhancement which boosted the dollar value of the guarantee to $5,000," explains Raines. "Like the increased guarantee the new report format is meant to ensure that the information our customers receive is clear, concise and reliable."
    In 1984 Carfax pioneered the concept of the vehicle history report distributing it via phone and fax. Today, via the Internet, more than 13,000 commercial dealers and millions of consumers who buy and sell used vehicles utilize Carfax Vehicle History reports every year to protect themselves from potential problems.
    Customers simply enter the 17-character Vehicle Identification Number (VIN) and Carfax generates a detailed history report--a computerized background check--on virtually any used car or light truck instantly.

    About Carfax, Inc.

    Founded in 1984, Carfax pioneered the concept of the vehicle history report - the instant background check on any used car. Carfax Vehicle History Reports can confirm a clean title history or identify serious problems with any used car, including salvage history, odometer fraud, flood damage and more. Carfax helps millions of consumers and thousands of car dealers avoid buying used cars with costly hidden problems. Using the 17-character Vehicle ID Number (VIN), used car buyers can access over 1.31 billion vehicle history records from more than 170 different sources in the Carfax nationwide database at www.carfax.com. Every Carfax Report that confirms a clean title history is backed by the $5,000 Clean Title History Guarantee. Carfax, Inc., based in Fairfax, Virginia, is a wholly owned subsidiary of the R.L. Polk & Co.

    www.carfax.com
    www.carfaxonline.com

    Note: A Photo is available at URL:
    http://www.businesswire.com/cgi-bin/photo.cgi?pw.031401/bb11