Internet Interest Cars
13 May 1999
Priceline.com Releases Top 10 New Car Models For New York Metro Internet Consumers in April
Business Editors/Automotive Writers
STAMFORD, Conn.--May 13, 1999--For the fourth
straight month, the new Honda Odyssey captured the top spot as the car
New York-metro-area consumers were ready to buy through priceline.com
.
The entrance of two cars at different ends of the price spectrum
highlight April's top-ten list. The hot new coupe from Mercedes Benz,
the CLK, roared in at number four, while the Honda Civic returned to
the list for the first time in 1999, moving in at number 7.
Priceline.com's list is based on guaranteed purchase offers made
through the e-commerce system during April.
Priceline.com's (www.priceline.com) new-car buying service,
available in the New York metro area, enables consumers to name the
exact car or truck they want, the price they want to pay, and how far
they are willing to travel to take delivery of the vehicle. Without
revealing the buyer's name, priceline.com submits offers to factory
authorized dealers in the specified area to try to locate a dealer
willing to sell the car at the customer's price.
*T
The priceline.com April 1999 Top 10
April March February January
Ranking Ranking Ranking Ranking
Honda Odyssey 1 1 1 1
Toyota Sienna 2 4 5 6
BMW 3-Series 3 2 2 5
Mercedes CLK 4 NM NF NJ
Lexus RX300 5 8 4 8
Acura 3.2TL 6 3 3 2
Honda Civic 7 NM NF NJ
Honda Accord 8 5 9 7
Volkswagen Passat 9 6 8 NJ
Chevrolet Corvette 10 7 NF NJ
NM - did not make March list.
NF - did not make February list.
NJ - did not make January list.
About priceline.com
Priceline.com is the patented e-commerce system that enables
consumers to name their own price for a variety of goods and services.
Priceline.com collects consumer demand and the presents it to sellers
who can fill as much of that demand as they want at price points
determined by buyers. Priceline.com is one of the Internet's truly
"virtual" businesses. By taking consumer offers directly to sellers,
the company doesn't hold or handle any inventory, and thus has no need
for brick-and-mortar warehouses.
Priceline.com has three business units: a travel services unit
that offers leisure airline tickets and hotel rooms, a personal
finance unit that offers home mortgages, refinancing and home equity
loans, and an automotive services unit that offers new cars in the New
York metro area on a test basis.
This press release may contain forward-looking statements that
are made pursuant to the safe-harbor provisions of the Private
Securities Litigation Reform Act of 1995. Expressions of future goals
and similar expressions including, without limitation, "may," "will,"
"believes," "should," "could," "hope," "expects," "expected," "does
not currently expect," "anticipates," "predicts," "potential," and
"forecast," reflecting something other than historical fact are
intended to identify forward-looking statements, but are not the
exclusive means of identifying such statements. These forward-looking
statements involve a number of risks and uncertainties, including the
timely development and market acceptance of products and technologies
and other factors described in the Company's filing with the
Securities and Exchange Commission. The actual results may differ
materially from any forward-looking statements due to such risks and
uncertainties. The Company undertakes no obligations to revise or
update any forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.