National Press Release

Affordable, Web-Based Tool Taps Data from Six Industry Leaders

to Provide Complete View of Used-Vehicle Market

NEW ORLEANS, Jan. 22 /PRNewswire-USNewswire/ -- NADA Used Car Guide will unveil its groundbreaking new appraisal product - NADA AppraisalPRO - at the National Automobile Dealers Association Convention & Exposition, in New Orleans, January 24-27. Product experts will be available for demos and media interviews at the NADA Used Car Guide exhibit (#3441) throughout the convention.

NADA AppraisalPRO, available exclusively to all NADA and National Independent Automobile Dealers Association (NIADA) member dealers in March, will provide dealers with an affordable appraisal product to access a full view of their used-vehicle market, using the latest information and data from six industry leaders:

    --  NADA Used Car Guide - Guide values;
    --  AutoTrader.com - Retail asking prices;
    --  Experian - AutoCheck Vehicle history reports*;
    --  J.D. Power and Associates/Power Information Network - Retail sales
        transactions;
    --  Manheim Market Report - Auction sales transactions;
    --  vAuto - Used vehicle market days supply

NADA AppraisalPRO provides dealers with the flexibility to define the market area, input additional information and customize each appraisal by making appropriate adjustments to determine the best number for each and every trade-in.

"This is an industry first web-based appraisal product designed to give dealers a complete picture of their used-vehicle market by combining the resources of industry giants like AutoTrader.com, Experian, J.D. Power and Associates, Manheim, vAuto and NADA," said Mike Stanton, vice president and chief operating officer, NADA Used Car Guide. "As a result, dealers who subscribe to NADA AppraisalPRO will get the information they need, all in one place, to help make better buying and selling decisions."

"Dealers are increasingly focused on their used-vehicle operations," Stanton added. "NADA is in the unique industry position of being able to bring together some of the best used-vehicle data in the industry, at an affordable price, to help dealers when they need it most."

NADA is offering a low introductory monthly subscription rate of $150 for unlimited lookups per site, billable annually or monthly. NADA AppraisalPRO is web-based and doesn't require software, system integration or long-term commitments.

* Requires a separate subscription to the Experian AutoCheck service.

About NADA Used Car Guide

Over a 76-year history, NADA Used Car Guide has earned its reputation as the leading provider of market-reflective vehicle valuation products, services and information to businesses throughout the U.S. and worldwide. NADA's editorial team collects and analyzes over one million combined wholesale and retail automotive-related transaction prices per month. Its guidebooks, auction data, analysis, and data solutions offer automotive, financial, insurance, and government professionals the timely information and reliable solutions they need to make better business decisions. For more information, visit www.nada.com/b2b.

Views of NADA AppraisalPRO from Industry Partners

AutoTrader.com

"AutoTrader.com is excited to be part of this new appraisal product," said Chip Perry, AutoTrader.com president and CEO. "Our company's mission is to help auto dealers and manufacturers connect with buyers efficiently and affordably so they can sell more cars. NADA AppraisalPRO will help streamline the process of buying and selling cars, which can only help increase efficiency and profitability."

Experian Automotive

"It is great to continue our relationship with NADA Used Car Guide and see it extend into new products that will help dealers make the best decisions for their pre-owned businesses," said Scott Waldron, president of Experian Automotive. "NADA AppraisalPRO will be vital in helping dealers quickly and easily access AutoCheck's vehicle history information and the AutoCheck Score(R) so they can feel confident in the quality of the used vehicles they buy and sell."

J.D. Power and Associates

"Dealers need tools to help them make more informed decisions that will positively impact their sales and profitability, particularly in these turbulent times," said Scott Johnson, vice president of business development at J.D. Power and Associates.

"NADA and its industry leading partners have come together to create an easy-to-use tool that helps dealers appraise vehicles in a more informed and accurate fashion. We are proud to be part of the AppraisalPRO solution using our Power Information Network, which provides comprehensive retail transaction information."

Manheim

"Manheim is pleased to be part of NADA's AppraisalPRO," said Lynn Morgan, Manheim marketing & consulting vice president. "NADA's new product will allow dealers to easily access MMR, the most robust database in the wholesale industry, to help make better buying and selling decisions."

vAuto

"vAuto is privileged to work with NADA and the other leading industry partners to provide dealers market days supply information for their inventory," said Dale Pollak, vAuto's chairman and founder.

Pollak added that market days supply data gives dealers a competitive advantage by allowing them to know which vehicles to stock, how much to pay at acquisition and how to price properly. vAuto's market days supply is the industry's only quantification of supply and demand in real time for any used vehicle with its exact equipment in any market.

SOURCE NADA Used Car Guide