Auto One Teams With DealerTrack

    MELVILLE, N.Y.--Sept. 17, 2002--DealerTrack.com, Inc. announced today that Auto One Acceptance Corporation has connected to DealerTrack's Internet-based auto financing system.
    The DealerTrack(TM) finance solution enables Auto One's dealerships to manage the entire auto finance process more efficiently and complete financing more quickly and at lower cost - making the process simpler and easier for dealers and boosting customer satisfaction.
    "Auto One is excited to be joining the growing list of lenders participating in the DealerTrack online system," states Doug Baker, Auto One's Senior Vice President of Sales. "As a company, we expect to see an increase in efficiency, quality, and overall production. In addition to being able to electronically submit credit applications and obtain extremely fast responses, our dealer customers will also enjoy the benefit of accessing real-time application and contract status information, along with up-to-the-minute Auto One rates and program information. When combined with our already fast turnaround time and superior service, such access and efficiencies cannot be overstated."
    DealerTrack delivers meaningful benefits. The technology allows dealers to reduce the time and effort associated with the traditional financing process by electronically routing applications to connected lenders and finance companies such as Auto One. In addition, the service provides dealers access to discounted customer credit reports. DealerTrack provides Auto One's dealer customers with the tools they need to profitably operate their finance business.
    "Auto One is a significant addition to DealerTrack's growing lender base," said Mark O'Neil, DealerTrack's President and Chief Executive Officer. "Dealers will benefit from the convenience of being able to quickly and easily access Auto One's full range of financial products through DealerTrack, while Auto One improves the efficiency of its credit operations. Auto One is a leader in its market, and it will help DealerTrack continue to build momentum."

    About DealerTrack.com, Inc.

    DealerTrack.com, Inc. 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 efficiency and profitability for finance companies and dealers by automating credit processes, speeding lending communications and minimizing transaction expense through the use of the Internet. More than 16,500 dealerships nationwide currently use the DealerTrack system to electronically communicate and transact with their lenders.
    For more information about DealerTrack, please contact Michael Kurdziel, Vice President of Marketing, 805/963-8688 x123 or mike.kurdziel@dealertrack.com. Auto dealers may contact DealerTrack at 877/357-8725; interested lenders may contact Rich McLeer, National Alliance Manager, 631/486-1649 or richard.mcleer@dealertrack.com.

    About Auto One Acceptance Corporation.

    Originally founded in November 1988, Auto One Acceptance Corporation has become one of the country's most established and respected special credit finance companies. A leader in the marketplace today, its funding and contract servicing are facilitated from its central headquarters in Dallas and a satellite operation center in Houston, Texas. Known nationally for well-positioned financial products and services, Auto One maintains an outstanding reputation for integrity, value, and quality for both dealers and borrowers. Auto One manages a portfolio of $2.1 billion, services over 3,000 new car dealers in 48 states, and employs more than 650 people, including 50 regional and area managers active in the field. For more information on Auto One, please visit www.autoone.com.