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iMotors.com Rolls Into Miami; High Quality Used Cars Now Just a Click Away for South Florida Residents

29 September 2000

iMotors.com Rolls Into Miami; High Quality Used Cars Now Just a Click Away for South Florida Residents

    SAN FRANCISCO--Sept. 29, 2000--iMotors.com, the nation's first online used car retailer, announced today that it has brought its unique approach to car-buyers in the Miami area. Now South Floridians can discover what satisfied customers nationwide already know. The opening of the Miami-area Delivery Center adds the South Florida area to a long list of iMotors' successful markets, including San Francisco, Los Angeles, New York, Atlanta, and Cincinnati.
    "Miami is a city that knows cars," said Adam Simms, founder and CEO. "We are eager to show Miami consumers that iMotors' used cars measure up to their high standards."
    iMotors holds no inventory and instead allows consumers to order the 1-5 year-old used car they want on iMotors' website or via a toll free phone number. Miami residents can either select from specials on top makes and models featured each week, or custom-order a vehicle by specifying the make, model, year, mileage, options and color of the used car they want. iMotors then locates, buys, tests, and certifies the car, delivering it backed by a 7-day/700-mile money-back guarantee and a 3-month/3,000-mile warranty.
    The iMotors Delivery Center is the last stop on the customer's car-buying adventure; the Miami location at 3399 NW 72nd Avenue, Suite 126 is where customers will inspect their vehicles, take test drives and complete paperwork.
    iMotors will continue a steady rollout through the remainder of the year 2000, launching in a number of major markets, including Boston; Washington, D.C.; Philadelphia; and Chicago.

    Here's how iMotors works:

--  A customer selects a 1-5 year-old vehicle and places an order with
    a $250 fully refundable deposit via the website, www.imotors.com,
    or by calling 1-888-IMOTORS (466-8677).

--  iMotors' nationwide network of experienced buyers finds and buys
    the vehicle that meets the customer's specifications and iMotors'
    high quality standards through its network of off-lease and
    wholesale suppliers.

--  iMotors transports the vehicle to one of its state-of-the-art
    Vehicle Certification Centers where ASE and I-CAR certified
    technicians test, inspect and certify the vehicle. iMotors makes
    needed repairs, replaces parts, and performs preventative
    maintenance, bringing the vehicle back up to like-new standards
    both mechanically and cosmetically.

--  iMotors delivers the car to the customer at the nearest, licensed
    iMotors Delivery Center. The customer reviews the vehicle, takes a
    test drive and signs all remaining paperwork. iMotors backs every
    vehicle with a 3-month/3,000-mile comprehensive warranty, a
    7-day/700-mile money-back guarantee, and an AutoBiography(SM),
    detailing the vehicle's title history, iMotors inspection details,
    and all work (parts and labor) performed by iMotors.

    About iMotors:

    iMotors was launched in September 1999 as the Internet's first and only used car company, allowing customers to buy thoroughly tested, inspected and certified used vehicles entirely online. iMotors is a privately held company, backed by a renowned group of investors with successful track records at leading land-based retail and Internet/e-commerce businesses. For additional information, visit www.imotors.com or call 888-IMOTORS (466-8677).