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Black Book to Provide Used Vehicle Values to RouteOne

FARMINGTON HILLS, Mich., Feb. 13 /PRNewswire/ -- RouteOne LLC announced today that Black Book's used vehicle values have been added to its used vehicle valuation solution. RouteOne's valuation tool eliminates the need for dealers to manually find, calculate and then enter the information in the credit application; users simply identify the vehicle collateral using the integrated tool and the associated values are automatically identified and integrated into RouteOne's online financing tools. The addition of Black Book will allow dealers and finance sources to use the industry values from Black Book on the RouteOne platform in order to 'speak the same language' when valuing trade-in vehicles and used car collateral. Both the weekly and monthly Black Book products will be available for subscription on the RouteOne platform. A free 30-day trial to the weekly guide will be available to all RouteOne users from Feb. 11 through March 11, 2008.

The Black Book family of vehicle appraisal guides, published by National Auto Research, is a national provider of vehicle values, with heavy usage in the automotive and finance industries. Black Book provides values for both new and used vehicles, including cars and light trucks produced since 1946, motorcycles, ATVs, snowmobiles, personal watercraft, and heavy duty commercial trucks and trailers. Black Book data is published weekly and monthly in multiple formats, including printed guides, electronic data feeds, Internet- based real time applications, hand held electronic devices (PDAs), and in a variety of other custom products.

"Our goal is to make the financing process as easy as possible for our dealer and finance source customers," said Mike Jurecki, RouteOne CEO. "Our partnership with Black Book enables a seamless valuation tool in the dealership process where it adds the most value."

"Our integration with RouteOne will bring our dealer and lending customers greater efficiencies within the valuation process," said Tom Cross, President, Black Book. "We are pleased to be able to offer an additional level of service to our users."

ABOUT ROUTEONE

RouteOne was formed in 2002 by Chrysler Financial, Ford Motor Credit Company, GMAC, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers inNorth America, RouteOne's web-based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at www.routeone.com .

ABOUT BLACK BOOK

Considered to be the industry's most timely and accurate source of vehicle pricing data, the Black Book(R) family of vehicle appraisal guides (www.BlackBookUSA.com) is published by National Auto Research, a division of Hearst Business Media. New and used car dealers, lenders, manufacturers, fleet remarketers, and government agencies have relied on Black Book since 1955. Black Book provides values for both new and used vehicles, including cars and light trucks produced since 1946, motorcycles, ATVs, snowmobiles, personal watercraft, and heavy duty commercial trucks and trailers. Black Book data is published weekly in multiple formats including printed guides, electronic data feeds, Internet-based real time applications, hand held electronic devices, and in a variety of other custom products.

    CONTACT: Suzi Straffon
             RouteOne LLC
             248.862.7074

SOURCE RouteOne LLC

Tags: ,FIN,AUT,MI-BlackBook-RouteOne

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Black Book to Provide Used Vehicle Values to RouteOne