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carOrder.com December Sales Exceed Expectations

13 January 2000

carOrder.com December Sales Exceed Expectations; Holiday Sales More than Doubled From Next Largest Month; Numbers Indicative of Explosive Future Growth

    AUSTIN, Texas--Jan. 13, 2000--carOrder.com, Inc., the Internet's first and largest automotive eDealer, announced today that sales for December 1999 topped $50 million, more than double sales from the next largest month. Over 2000 new customers ordered new cars online from carOrder.com this holiday season.
    On peak days, sales volume topped $5.1 million. The average price of a car purchased on the carOrder.com site in December was $25,079. Sales figures include a wide range of automobiles, from compact and family cars to trucks and SUVs.
    "We are extremely pleased with carOrder.com's strong sales performance. It looks like it was an e-commerce holiday season and people were buying more than just books and toys," said Brian Stafford, president and co-founder of carOrder.com. "Our average daily sales of over $1.6 million this holiday season set us on track to be the nation's leading online retailer."
    carOrder.com began selling cars online in California in January 1999 and expanded its service nationwide in November 1999.

    About carOrder.com, Inc.

    carOrder.com, Inc. (http://www.carorder.com), the Internet's first and largest automotive eDealer offers consumers the ability to research, build, price, finance and order new cars via its Web site with delivery direct to customers' homes or offices. As an eDealer, carOrder.com is taking the online automotive industry one step further by allowing customers to buy a car online without ever setting foot in a dealership. carOrder.com is in the process of buying 100 dealership franchises and transforming them into distribution and logistics hubs for Internet car sales. carOrder.com offers vehicles at the lowest price possible, guaranteeing the ultimate in convenience, savings and customer care. Based in Austin, Texas, the company is a wholly owned subsidiary of Trilogy, Inc.