Overstock.com Cars Forms Alliance With Carfax
Addition of the Carfax Vehicle History Reports Will Assist Automobile
Shoppers in Making a Well Informed Buying Decision When Visiting
Overstock.com Cars
SALT LAKE CITY, April 26 /PRNewswire-FirstCall/ -- Internet retailer
Overstock.com (Nasdaq: OSTK) (www.overstock.com) today began offering its
online vehicle shoppers the opportunity to check a car's history. Carfax
Vehicle History Reports have been integrated into its newly developed Cars
Program (http://cars.overstock.com/) and are available free to anyone
shopping for a used car on the site. Overstock.com already boasts more than
450,000 new and used cars listed on its Web site.
"By teaming up with Carfax, we're now able to offer our customers a
better automotive shopping experience," said Overstock.com CEO Patrick
Byrne. "Anyone looking for their next used car through the Overstock.com
Cars Program now can immediately access the vehicle's history report and
see details such as mileage, service and especially, ownership history,
which enhances our listings and helps our customers make smarter, faster
buying decisions."
Overstock.com will also be identifying automobiles that have only had
one previous owner by using the Carfax One Owner program. All vehicles with
one previous owner will be recognizable by the one-owner icon next to the
listing.
Overstock.com offers automobile shoppers a wide variety of vehicles to
choose from by listing vehicles from new and used car dealers nationwide.
Carfax was selected by Overstock.com as its vehicle history provider
because Carfax is a recognized and trusted brand.
"We believe Carfax Vehicle History Reports should be available to
consumers anywhere used cars are sold," said Larry Gamache, communications
director at Carfax. "With more people shopping online than ever before,
Carfax and Overstock.com are ensuring our customers that the information
they need to buy with confidence is readily available with the simple click
of a mouse."
About Overstock.com
Overstock.com, Inc. (Nasdaq: OSTK) (www.overstock.com) is an online
"closeout" retailer offering discount, brand-name merchandise for sale over
the Internet. The company offers its customers an opportunity to shop for
bargains conveniently, while offering its suppliers an alternative
inventory liquidation distribution channel. Overstock.com, headquartered in
Salt Lake City, is a publicly traded company listed on the NASDAQ Global
Market System and can be found online at http://www.overstock.com.
About Carfax
Millions of consumers rely on the most trusted provider of vehicle
history information, Carfax, each year. Using the unique 17-character
vehicle identification number (VIN) found on vehicle dashboards and title
documents, Carfax instantly generates a detailed Vehicle History Report on
any used car or light truck. Carfax Vehicle History Reports(TM) provide
information that can impact a consumer's decision about a used car or
truck. Carfax is a wholly-owned subsidiary of R.L. Polk & Co. For more
information, visit www.Carfax.com.
SOURCE Overstock.com
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