Warrantybynet and Experian Automotive in Strategic Partnership
Brick, NJ, April 30, 2003 It¹s a match made in car buyer¹s heaven. Two essential tools one to ensure the used vehicle you¹re buying isn¹t a lemon, and the other to defray the cost of long-term maintenance in one convenient place. Experian Automotive, an industry-leading automotive information provider and Warrantybynet, a leading online provider of direct-to-the-consumer extended automobile warranties for over 50 different makes of new and pre-owned vehicles, today announced they have extended their business relationship. Experian¹s AutoCheck, available at the Web site æ www.autocheck.com æ is the industry¹s most in-depth vehicle history service. AutoCheck searches through Experian¹s National Vehicle Database, the world¹s largest relational automotive database comprised of more than 425 million vehicles gathered from both public and proprietary sources and provides both consumers and dealers with information about hidden problems that can impact a vehicle¹s safety and value. AutoCheck ensures consumers that a vehicle was not previously stolen, salvaged; damaged in flood, hail storm, accident or fire; used as anything other than a passenger car; had its odometer rolled back; or more than a dozen other brand and title issues. "AutoCheck by Experian Automotive, provides car buyers with valuable historic information containing title, registration and usage records," said Andrew Sheehan, senior vice president of Marketing for Experian Automotive. "When an AutoCheck report is coupled with a Warrantybynet protection plan, the customer is ensuring they not only know the full story of the vehicle¹s past, but are also secure about its future." Once assured that the vehicle they¹re buying is as good as it seems, buyers tap Warrantybynet for a free quote on an extended warranty designed specifically to their needs, effectively protecting their investment for years to come. "We take great pride in the high-caliber extended warranties we offer, and choose to partner with equally impressive companies. We are pleased to continue our relationship with Experian Automotive, and hope to see it thrive for years to come," said Evan Gartenberg, Director of Business Development at Warrantybynet. Serving several hundred thousand customers, Warrantybynet is the Internet marketing arm of Automobile Protection Plan, Inc., an offline provider of extended warranty programs since 1994. The company has strategic partnerships with AutoTrader.com, Kelley Blue Book Co, Inc. and AutoCheck by Experian Automotive, among others. ABOUT WARRANTYBYNET: Warrantybynet, one of the largest and most financially stable extended warranty companies on the Internet serving several hundred thousand customers, currently offers direct-to-the-consumer coverage for 50 different makes or of new and pre-owned cars, trucks, vans, motorcycles and sports utility vehicles throughout the United States. Warrantybynet is the Internet marketing arm of Automobile Protection Plan, Inc., an offline provider of extended warranty programs since 1994. Offering both excellence and convenience, all Warrantybynet programs are fully reinsured by companies rated A+ (Superior) by A.M. Best and Co., and all claims are paid directly to the repair facility of the customer¹s choice. ABOUT EXPERIAN AUTOMOTIVE: Experian Automotive delivers information solutions to manufacturers, dealers, finance and insurance companies, and consumers. Experian helps automotive clients increase customer loyalty, target and win new business, and make better lending and vehicle purchase decisions. Its National Vehicle Database, housing over 425 million vehicles, along with Experian¹s credit, consumer and business information assets, meets the industry¹s growing demand for an integrated information source. Experian¹s advanced decision support services help clients turn this information into improved business results.