Press Release

NASHVILLE, Tenn. and ATLANTA (June 6, 2001) – Inspection Solution, a leader in providing professional, high-quality inspections for used vehicles, today announced a partnership with AutoTrader.com, the leading Internet destination for online automotive classifieds. This partnership will offer AutoTrader.com’s more than five million monthly consumers the option to have a vehicle examined by trained and certified personnel to guarantee its quality before it is either listed for sale on the site or before it is purchased. Inspection Solution will provide AutoTrader.com’s customers peace of mind when either buying or selling a vehicle online with the ability to have their vehicle inspected by an unbiased third party inspection company.

Through the alliance, consumers can purchase a LemonBusters Pre-Purchase Auto Inspection for the vehicle they want to buy or sell on AutoTrader.com. If a particular vehicle a buyer is interested in has not received the check-up, Inspection Solution can conduct an on-the-spot inspection of all mechanical and electrical components, including the frame, body and chassis, for $129.

Any structural damage or other problem areas will be explained in a detailed report. Inspection reports and photographed images are then made available through Inspection Solution’s website at www.lemonbusters.com. Before the end of the year, vehicle sellers will be able to post the inspection report along with their online classified listing on AutoTrader.com, which will help differentiate the vehicle within the massive AutoTrader.com database.

"AutoTrader.com is the most comprehensive service consumers can use to research and locate the perfect used vehicle," said Nick Peluso, president of Remarketing Solutions. "The LemonBusters Pre-Purchase Auto Inspection fills the void of not knowing the exact condition of a vehicle before it changes hands. Our impartial, detailed report can highlight the condition of each vehicle, and if any area needs special attention, the approximate cost associated with making repairs will be tallied, as well. This service benefits sellers as much as it does buyers by allowing sellers to obtain a ‘seal of quality’ on the vehicle they’re listing on AutoTrader.com."

Inspection Solution offers nationwide convenient mobile inspections in which a Certified Vehicle Inspector comes to your home or place of business. From mechanical to structural components, these mobile vehicles are equipped with a complete set of diagnostic tools. All Certified Vehicle Inspectors are full-time employees who have completed an extensive company-training course. In addition, Inspection Solution offers inspection services at numerous retail store locations in every major metropolitan area.

"One of the major areas car buyers have told us they are concerned about is vehicle quality, so we feel this partnership with Inspection Solution will attract a huge consumer following," said Chip Perry, president and CEO, AutoTrader.com. "It will also be a win-win for our sellers since they will be able to merchandise an inspection report along with their listing in the largest Internet auto classifieds site in the country."

The used vehicle market is growing each year. In 1999, nearly 41 million used vehicles were sold. With the current downturn in the economy, Americans are seeking ways to save money, and buying a used vehicle is a cost-effective alternative to purchasing new. By having an Inspection Solution check-up completed before the vehicle purchase, consumers can reduce the chance of inheriting a car with preexisting problems. Americans spent $196 billion on repairs and maintenance in 2000, according to Automotive News, a leading industry publication. For many consumers, guaranteeing a vehicle’s quality is key in the shopping process.

About Inspection Solution:
Inspection Solution provides nationwide retail and commercial automobile inspections. Its staff of Certified Vehicle Inspectors, operating from fixed store locations and mobile units, use high-tech diagnostic equipment to inspect any foreign or domestic vehicle. Inspection Solution is a division of Remarketing Solutions, the automotive industry leader in total vehicle remarketing, and is based in Nashville, TN.

Remarketing Solutions, the automotive industry leader in total vehicle remarketing, specializes in a "One Call Does It All" approach for manufacturers, banks and finance companies, sub-prime lending institutes, captive finance companies, company-owned fleets and rental car companies. 20 years ago, Remarketing Solutions began the first remarketing business in the United States. Remarketing Solutions offers a variety of services including vehicle inspections, title processing, repossession and skip tracing, vehicle remarketing and transportation.

About AutoTrader.com
AutoTrader.com is the leading Internet destination and marketplace in the United States for buyers and sellers of used cars, light trucks, vans and sport utility vehicles and for consumers seeking information regarding automotive products and services, such as insurance, financing and warranties. AutoTrader.com, through its strategic alliances, aggregates in a single location an extensive network of industry participants and a comprehensive database of 1.5 million vehicle listings and automotive information to create an open marketplace that is local, regional and national in nature.

AutoTrader.com was formed in 1997 and is a majority-owned subsidiary of Manheim Auctions, Inc., which has been in business since 1945 and is the world's largest operator of wholesale auto auctions. Manheim Auctions, a wholly owned subsidiary of Cox Enterprises, Inc., a leading media conglomerate, is AutoTrader.com's principal stockholder and one of AutoTrader.com's strategic partners. Other investors and strategic partners include Trader Publishing Company, ADP, Inc., eBay, Inc. and the venture capital firm, Kleiner Perkins Caufield & Byers.