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Auction Targets Enthusiast Market Searching For Hard-to-Find Parts

15 December 1999

CarParts.com Auction Targets Enthusiast Automotive Market Searching For Hard-to-Find Parts and Accessories

                Easy Keyword Search for Parts and Accessories
             Creates an Easy-to-Use System for Buyers and Sellers

    SANTA MONICA, Calif., Dec. 15 -- CarParts.com-the largest
dealer of replacement, performance and recycled parts and accessories on the
Internet-is on its way to becoming the largest automotive parts auction
marketplace in cyberspace with the launch of the new CarParts.com Auction!
    CarParts.com customers now have the opportunity to buy and sell automotive
parts and accessories listed in CarParts.com Auction with other automotive
enthusiasts.  By clicking on the Auction icon on the CarParts.com home page,
visitors are taken to the auction page.  From there, buyers can search
listings by category or by keyword-sellers can list items for free.  With just
a few mouse clicks, visitors can go to the "Auction & Classified Sellers"
section and follow the simple instructions to put their free auction and
product listing on the site.  The auction site adds yet another building block
in making CarParts.com the complete parts solution.
    Businesses with excess inventory, seconds, products with damaged
packaging, close-outs and previous year's models are finding CarParts.com
Auction a great place to sell off these products to the benefit of
CarParts.com buyers.  It's the world's first auction site designed
specifically for automotive enthusiasts.  Anyone who works on cars, trucks,
vans or sport utility vehicles will find this innovative site helpful and
informative.
    Looking for performance parts for your Corvette or Mustang?  How about
accessory items for your four-wheel-drive?  The CarParts.com Auction makes
hundreds of products available; from rare engine and transmission parts to
unique interior items, T-tops, collectibles and specialty accessories.  Buyers
can easily search for the parts they want by category or keyword.  They place
their bids on line and are E-mailed not only when they are the winning bid,
but on the updated status of auctions of interest to them.  The fee for this
terrific service is two and a half percent of the sale price, which is charged
to the seller.  CarParts.com Auction is a member of the Fairmarket Network.
    "CarParts.com offers 1.5 million parts, accessories, high-performance
products, recycled parts, NASCAR collectibles and apparel, as well as Chilton
manuals," noted president/CEO Alan Bennett.  "With CarParts.com Auction, our
goal is to also offer consumers the most comprehensive auction marketplace of
parts and accessories possible."
    CarParts.com offers the world's largest source of car and truck parts
including performance, replacement, body, restoration, accessories and
recycled OEM parts for cars, trucks and SUVs.  The easy-to-use Web site offers
the convenient online access and timely delivery for more than 1.5 million
automotive products from over 600 major manufacturers including Motorcraft,
Fram, Borg Warner, Accel, AC Delco, TRW, Borla, NOS and many more.
CarParts.com is headquartered in Santa Monica, CA and backed by @Ventures, the
venture arm of CMGI, Brand Equity Ventures, St. Paul Venture Capital and
Ravenswood Capital.