Autobytel.com, AutoFusion, AutoTrader.com, CarsDirect.com, Carprices.com, The Cobalt Group, iMotors.com, LiquidPrice.com, Manheim Interactive, And Peoplefirst.com to Offer Edmunds.com True Market Value(SM) Used Vehicle Appraiser

6 November 2000

    SANTA MONICA, Calif., Nov. 6 Edmunds.com
(http://www.edmunds.com), the Web's leading consumer resource for unbiased
automotive information, announced today that some of the most popular
automotive web sites in the country are offering their visitors the
Edmunds.com True Market Value (TMV)(SM) pricing tool to help consumers
determine a fair, realistic transaction price for their used vehicle sales and
purchases.
    Well-known sites such as Autobytel.com, AutoTrader.com, Carprices.com,
CarsDirect.com, iMotors.com, LiquidPrice.com, Manheim Interactive, and
Peoplefirst.com are among the first to sign up to feature the TMV Used Vehicle
Appraiser.  Web users won't have to leave the site they are visiting in order
to use the Edmunds.com product.
    "With TMV(SM), Edmunds is providing a unique service that will help
consumers become more informed and therefore feel more comfortable about their
used vehicle purchase," according to Tom Eastwood, Vice President, Automotive
Operations of Liquid Price.  "We didn't want to miss the opportunity to offer
such a useful tool."
    The Cobalt Group (http://www.cobaltgroup.com), a leading provider of e-business
products and services that help automotive dealers and manufacturers
effectively manage their businesses online and that manages Websites for
nearly 6,400 dealers, will also serve as a distribution partner, offering
TMV(SM) to its clients.
    In addition, AutoFusion will be making the Edmunds TMV Used Vehicle
Appraiser available to the numerous websites for which it provides content and
tools; and LiquidPrice, an online competitive bid marketplace, will offer the
product to its affiliated dealers.
    The Edmunds TMV(SM) initiative began earlier this year with Edmunds'
introduction of TMV(SM) for new cars.  Through its TMV(SM) products, Edmunds
seeks to inform the general public about the actual transaction prices of
cars, SUVs, vans and trucks in order to streamline the car buying process for
both consumers and dealers, leading to less stressful negotiations and higher
customer satisfaction.
    "Edmunds' role as an Application Service Provider to such established and
impressive web sites helps solidify our leading position in providing
objective automotive information," stated Edmunds.com President Jeremy Anwyl.

    About Edmunds.com
    Headquartered in Santa Monica, CA, Edmunds.com is the Internet's pioneer
and leader in providing free, third-party automotive information.  Edmunds.com
empowers, educates, and engages visitors by providing them with
straightforward, truthful information on key aspects of buying, selling, and
owning a vehicle.  Users are provided automobile pricing data, extensive
automobile reviews, consumer information, safety updates, incentive and rebate
news, expert analysis of developments in the automotive world, and the Town
Hall, an interactive community of more than 440,000 active members.
Edmunds.com was ranked number one in the Survey of Car-Shopping Web Sites as
reported by The Wall Street Journal, number one of automotive web sites and
number two of all web sites in the Dialscore loyalty survey, was named as one
of Yahoo! Internet Life's 50 Most Incredibly Useful Sites, and one of Money's
50 Most Useful Financial Websites.