Bay View Acceptance Corporation Joins RouteOne System

FARMINGTON HILLS, Mich., June 8 -- RouteOne LLC announced today that Bay View Acceptance Corporation is now participating on its credit application management system. California-based Bay View Acceptance provides lending services to more than 7,000 franchised automobile dealers in 32 states. Bay View is the most recent finance source to take advantage of RouteOne's technical integration with APPRO Systems.

RouteOne, a joint venture created in early 2002 by DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services, allows dealers to submit credit applications and receive decisions from multiple finance sources, all from a single desktop. Currently, more than 18,000 dealerships are enrolled on the system, which is free to dealers, and open to franchised and independent vehicle dealers. RouteOne provides dealers unprecedented access to finance sources by combining the unique advantages of the major captive systems with access to other finance sources.

Bay View Acceptance Corporation provides franchised and independent auto dealers with retail contract products. For well qualified borrowers, Bay View's product array includes extended term and 100 percent financing for any year, make, or model vehicle.

"We're excited to add Bay View Acceptance to our growing list of participating finance sources," said Mike Jurecki, RouteOne CEO. "Bay View's wide product spectrum complements our current array of finance sources and demonstrates our commitment to provide our dealer customers with a comprehensive selection of respected finance sources," he added.

"The decision to join RouteOne was an easy one," said John Moody, Bay View Dealer Center Manager. "We were able to reach our current and potential customer pool through RouteOne's expansive dealer network with minimal development time. Since both RouteOne and Bay View partner with APPRO Systems, technical connectivity is quick and cost-efficient."

About RouteOne

RouteOne was formed in 2002 to create a more streamlined credit application process for automobile dealers and their customers. Jointly owned by DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services, RouteOne also provides a single point of access for dealer credit applications to some of the largest auto lenders and banks in North America. RouteOne offers dealers a common platform for submitting credit application information to the multiple finance sources with which they do business. Automotive dealers and their finance sources can exchange credit application and credit decisions in near real-time using RouteOne's web-based network. More information is available at http://www.routeone.com/ .

About Bay View Acceptance Corp.

Bay View Acceptance Corporation is a Southern California-based auto finance company engaged in the indirect financing of automobile purchases by individuals. BVAC purchases auto contracts from approximately 7,000 automobile dealers in 32 states. Bay View has historically positioned itself in the market as a premium priced lender for well-qualified borrowers seeking extended-term financing and/or higher advance rates than those generally offered by traditional lenders. Recently, BVAC has begun leveraging this established reputation with its dealers to broaden its array of auto financing programs available to prime credit quality borrowers.