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Edmunds.com Adds 2000 Model Year Used Vehicle Pricing to True Market Value(SM) Used Vehicle Appraiser;

18 December 2000

Edmunds.com Adds 2000 Model Year Used Vehicle Pricing to True Market Value(SM) Used Vehicle Appraiser;

                   Attracts Nearly 200 Syndication Partners

    SANTA MONICA, Calif., Dec. 18 Edmunds.com, Inc.,
http://www.edmunds.com, the Web's leading consumer resource for unbiased automotive
information, today announced that consumers can now access Edmunds.com True
Market Value(SM) (TMV) prices for used 2000 model year vehicles.  Prior to
this month there was not enough market information to produce values that meet
Edmunds' standards for accuracy in determining a vehicle's selling price.
    Almost 200 syndication partners have entered into agreements permitting
them to offer the TMV Used Vehicle Appraiser and TMV pricing for used
automobiles on their websites or in their businesses.  These partners include
credit unions, auto dealers, and a variety of other websites.  This week, the
appraiser will go live on the websites of AutoTrader.com and LiquidPrice.com.
    Since its introduction in November, Edmunds.com has continuously refined
the TMV Used Vehicle Appraiser to enhance its usability for both buyers and
sellers. For example, the appraiser now offers a printable window sticker,
which is clearly branded Edmunds.com to denote that the asking price was
determined objectively and fairly.  The printable window sticker has quickly
become a popular feature for users of the Appraiser.
    "Accurate vehicle pricing information has been desperately needed in the
marketplace, so TMV is a major corporate priority for Edmunds.com," stated
Edmunds.com President Jeremy Anwyl.  "Stay tuned for future enhancements to
the Used Vehicle Appraiser, and the introduction of additional TMV products."

    About Edmunds.com
    Headquartered in Santa Monica, CA, Edmunds.com is the Internet's pioneer
and leader in providing free, third party automotive information, tools and
services for consumers.  Edmunds.com empowers, educates, and engages visitors
by providing them with straightforward 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 500,000 active members.
Edmunds.com was ranked number one in the Survey of Car-Shopping Web Sites as
reported by The Wall Street Journal, rated number one automotive and second
overall web site in the Dialscore loyalty study above Yahoo!, Amazon and
Mapquest,  was named as one of Yahoo! Internet Life's 50 Most Incredibly
Useful Sites, one of Money's 50 Most Useful Financial Websites, and is
regularly mentioned as a valuable resource in these and other publications.

    About Edmunds.com True Market Value(SM) Used Vehicle Appraiser
    By offering TMV products, Edmunds seeks to inform the public about the
actual transaction prices of cars, sport utility vehicles, vans and light
trucks in order to streamline the car buying process for both consumers and
dealers, leading to less stressful negotiations and higher customer
satisfaction.  Edmunds TMV Used Vehicle Appraiser generates monthly values
using a highly complex proprietary statistical process that takes into account
a wide variety of inputs, including actual transaction prices, consumer survey
results, wholesale auction data, vehicle MSRP, invoice costs, current supply
and demand, vehicle condition, color, and regional geographic effects.  To
ensure TMV values reflect actual market transaction prices, Edmunds checks
them against a comprehensive database of recent vehicle sales.