PR: Vehicle Owners Running from the "Repo Man" Can Now Sell Their Car Fast Onli

FOR IMMEDIATE RELEASE 

Vehicle Owners Running from the "Repo Man" Can Now Sell
Their Car Fast Online, Protecting Their Credit Rating and
Saving Thousands in Repossession Fees, Says AutoCrisis.com
Founder Lawrence Awe

ATLANTA, Nov. 3, 2003 -- With bankruptcies sharply up in
2003, it's boom times for car repossessions, too.  If a car
or truck gets repossessed, the owner owes an average of
$5,200 besides losing the vehicle, and faces interest rates
ranging from 18% to 25% on the purchase of their next set of
wheels if they otherwise get their financial act together.
To get themselves out of trouble, those behind on their
payments need a way to sell that car or truck lickety-split,
says Lawrence Awe, founder of AutoCrisis.com
(http://www.AutoCrisis.com), which connects car and truck
buyers with highly motivated sellers.

"Fees that the car owner is responsible for quickly mount
up, once the car is repossessed," says Awe, whose new site
AutoCrisis.com is an online automotive classifieds service
that specializes in serving private motivated vehicle
sellers, including those facing repossession.  "There are
daily storage fees until the car is sold, auction fees, fees
to the repo company and administrative costs, as well as any
amount outstanding on the loan, including interest and late
charges -- not to mention exorbitant interest rates on the
next loan, if the owner can get financing then at all."

Unlike the giant car sales web sites, which jumble together
cars of all ages and those from both dealers and private
sellers, AutoCrisis.com accepts ads only from private
sellers, for vehicles only up to 10 years old.  Those
desperate to sell can take advantage of free ads or paid
packages costing as little as $25.

"When cars get repossessed away from the owner's property,
which happens 75% of the time, personal property can get
lost, too," says Awe.  "One lady lost the urned ashes of a
loved one that way!  Selling fast online may save your
credit, make it possible to get 0% APR next time around and
even enable you to walk away from your loss of the car with
some cash in hand."

Complete information on selling a car or truck to avoid
repossession is available from http://www.AutoCrisis.com.

AutoCrisis.com, 639 Thornton Road, Suite 102, Lithia
Springs, GA 30122.

Contact: Angela George (678) 318-1954, pr@autocrisis.com

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