AmeriCredit Drives Instant Credit Decisions Through DealerTrack; Free, Instant Credit Decisions For More Than 11,500 DealerTrack Users

    FORT WORTH, Texas--Jan. 23, 2002--AmeriCredit Corp. today announced the immediate availability of instant loan decision capability for auto dealers utilizing the DealerTrack(SM) system.
    AmeriCredit's proprietary loan decision tool analyzes the data submitted via the Internet through DealerTrack, a free tool available to dealers for providing consumer financing, and electronically returns a decision in minutes. The service is fast and "always available, 24/7" so dealers can spend more time selling cars.
    "AmeriCredit has long been a technology innovator, investing in information-based solutions that enable best-in-class service to dealers through our extensive branch network," commented Mark Floyd, President of Dealer Services for AmeriCredit. "This has resulted in new ideas and continuous improvements which have helped us become the largest independent middle-market auto lender in North America."
    "We are extremely pleased that AmeriCredit has chosen to enhance their dealer offering exclusively through DealerTrack," commented Mark O'Neil, President and Chief Executive Officer of DealerTrack. "Implementing automated decisioning enables almost instantaneous turnaround time and completes the full automation of the credit process. Lenders like AmeriCredit are quickly distinguishing themselves as technology innovators and top notch service providers," added O'Neil.
    AmeriCredit will demonstrate the DealerTrack application in its booth at the National Auto Dealer Association (NADA) Trade Show in New Orleans beginning Saturday, January 26 through Tuesday, January 29, 2002 at the Ernest N. Morial Convention Center, Booth No.4721. Demonstrations will also be available at the DealerTrack booth, No.1069.
    AmeriCredit, JP Morgan Chase and Wells Fargo developed the DealerTrack system for automating the auto dealer-lender process. By enabling dealers to submit loan applications to multiple lenders 24 hours a day, 7 days a week, DealerTrack provides an end-to-end loan and lease transaction channel that improves efficiencies and profitability for lender and dealer users.

    ABOUT AMERICREDIT

    AmeriCredit Corp. is the largest independent middle-market auto finance company in North America. Using its branch network and strategic alliances with auto groups and banks, the company makes auto loans to consumers who are typically unable to obtain financing from traditional sources. AmeriCredit has nearly one million active loan customers throughout the United States and Canada and more than $12 billion in managed auto receivables. The company was founded in 1992 and is headquartered in Fort Worth, Texas. For more information, visit www.americredit.com.

    ABOUT DEALERTRACK

    DealerTrack Holdings, Inc., parent company to DealerTrack.com, Inc. and newly acquired Webalg, is the leading technology services company enabling finance transactions between automobile dealers and lenders. The Company provides an impartial end-to-end loan and lease transaction channel that improves efficiencies and profitability for lender and dealer users by automating credit processes, speeding lending communications and improving transaction efficiency through the use of the Internet. More than 11,500 dealerships nationwide currently use the DealerTrack system to electronically communicate and transact with their lender providers. The investor group backing DealerTrack includes affiliates of: AmeriCredit Corp., Automotive Lease Guide, LLC, Capital One Financial Corp., JP Morgan Chase & Co., Wells Fargo & Company and WFS Financial Inc. DealerTrack can be found on the web at www.dealertrack.com or contacted at the Company's headquarters in Melville, NY at 631/486-1600.

DealerTrack is a service mark of DealerTrack.com, Inc, a wholly-owned subsidiary of DealerTrack Holdings, Inc.