RouteOne Announces Integration With Auto Financial Group

FARMINGTON HILLS, Mich., Sept. 3 -- RouteOne LLC announced today that it has completed its agreement with Auto Financial Group (AFG), an online provider of residual-based financing products for credit unions. Under the agreement, RouteOne will offer its dealership customers the opportunity to easily connect to AFG and the 200+ credit unions currently offering AFG's DrivingSense(TM) program directly through RouteOne.

DrivingSense is an auto financing product that combines the advantages and flexibility of vehicle ownership with the benefits of leasing to credit unions and their members. The CarBuilder(TM) calculator provides credit unions with the capability to 'build' a vehicle quote that offers their members lower payments, flexible two- to six- year terms, and the benefits of actual ownership of the vehicle. At loan maturity, the member has the additional 'lease-like' option of surrendering the vehicle in lieu of paying the final balloon payment.

DrivingSense removes the financial risk to the credit union by guaranteeing the predetermined residual value of the vehicle through third party insurance, as well as handling the vehicle's disposition at the end of the term. AFG is paid one low administration fee for each DrivingSense loan, while the credit union earns all the interest. Credit unions are protected while building an important relationship with their members.

"We are happy to be able to respond to our dealers' requests for a residual-based program and offer AFG's DrivingSense," said Mike Jurecki, RouteOne CEO. "AFG is a solid choice for dealers, credit unions and customers, and we welcome them to our platform."

AFG President Richard Epley concurred, saying, "We are excited to work with the leader in dealer portals and RouteOne's 21,000 participating dealerships. We believe that our product will make an important difference for RouteOne's dealers, especially during these challenging economic times."

ABOUT ROUTEONE

RouteOne was formed in 2002 by Chrysler Financial, Ford Motor Credit Company, GMAC, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in North America, RouteOne's web-based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne's open integration business model also allows the dealer to integrate with their choice of a wide variety of best in class providers, including DSPs, CRM systems, F&I modules and menu providers. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at www.routeone.com.

ABOUT AUTO FINANCIAL GROUP, INC.

Auto Financial Group, Inc. (AFG) is a Houston-based company that provides DrivingSense(TM), an online residual based auto financing product for credit unions and other financial institutions. AFG removes the financial risk to the credit union by guaranteeing the predetermined residual value of the vehicle through third party insurance, as well as handling the vehicle's disposition. For more information about getting DrivingSense or connecting with a credit union offering DrivingSense, call 713-812-3333 or toll free at 877-354-4AFG, or visit www.autofinancialgroup.com.