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Dealer's Best Electronic 'Tools' Now Include Credit Transactions

25 May 1999

Dealer's Best Electronic 'Tools' Now Include Credit Transactions
           Leading Internet sales training firm partners with e-FIN
                      Electronic Financial Marketplace

    HICKORY, N.C., May 25 -- A national Internet sales training
company for automotive dealers, dearlertools.com, today announced the addition
of a financial module to its "Destination Site for Automotive Professionals."
Members who sign up for this business-to-business website have a choice from
among several electronic modules designed specifically for automotive
retailers and automotive industry professionals.  These modules involve
inventory control, lead tracking, and now, automobile credit transactions.  A
leading-edge provider, e-Fin LLC, Electronic Finance Marketplace, is the first
and most comprehensive service for this type of financial Internet-based
transaction.
    According to Anthony Monteiro, President of dealertools.com, LLC and
formerly the National Sales Director for autoweb.com, one of the nations top
online buying services, e-Fin complements his company's philosophy and
customer commitment.  "We started dealertools in January of this year to fill
a need in the automotive industry.  There were lots of pieces out there,
someone to build a website, install a computer, or maybe provide a bit of
classroom training, but no one was offering a complete service for dealers who
are or want to become Internet savvy.  Our customers choose as much or as
little support as they need to make the Internet a successful and integral
part of their marketing mix.  The way e-Fin is designed fits perfectly with
our approach to customers and our electronic offerings.  Now, to go along with
other aspects of streamlining dealership operations via the Internet, F&I
managers can perform electronic credit transactions through a comprehensive
yet easy to use service," Monteiro says.
    Through e-FIN, F&I managers are able to choose financial products matched
to their dealership and customer profiles, quickly and without the previous
limitations imposed by time, money, and geography.  This is done by utilizing
powerful Internet communication technology managed through the e-Fin site.
The service also provides unparalleled transaction privacy, with all
information running through secure e-Fin channels.
    "Like dealertools, we believe the future of the auto industry will reside
on the Internet. We are extremely pleased to be in partnership with an
organization that has positioned itself as a single source for online dealer
resources, tools, products and services.  We're in business to help today's
automotive professionals more efficiently leverage the Internet to find
optimal credit sources," states Michael W. Hucks, Vice President of Marketing
for e-Fin.
    Founded in January 1999, dealertools.com, LLC, is a national Internet
Sales Training company for automotive retailers. Its website,
http://www.dealertools.com, provides tools, resources and information specific to
automotive professionals. dealertools.com is the only company of its type in
this industry. In a short time, dealertools.com has formed strategic
partnerships and affiliations with industry leaders including: e-FIN
Electronic Marketplace LLC, ICI/Winstar, Inc., AUTOdealerjobs.com, TheNetLab,
and SuperSale, Inc.
    More than 200 dealers nationwide have chosen e-Fin Electronic Marketplace
as their source for electronic credit transactions, as well as a variety of
lending sources, prime to subprime.  The first and most comprehensive service
of its kind, e-Fin provides dealers with access to more financing resources
while decreasing application approval time and providing direct marketing
databases of credit application submissions.
    To demo e-Fin's service, visit the e-fin website at http://www.e-fin.com.  To
find out more about e-Fin, contact: Michael W. Hucks, Vice President of
Marketing, e-Fin LLC, Electronic Financial Marketplace, P.O. Box 1823,
Hickory, NC, 28603; Tel: 828-267-0001/Fax: 828-267-0211; Email: mwh@e-fin.com.