Powered By CarWoo!, DealerRater® Premiers PrivateBuy™

BURLINGAME, Calif., Nov. 3, 2011 /PRNewswire/ -- CarWoo! announces a strategic partnership with DealerRater through which the CarWoo! MarketPlace enables DealerRater's recently launched PrivateBuy.  For consumer members, PrivateBuy provides the CarWoo! MarketPlace which is an anonymous online car buying marketplace where multiple dealers provide competitive offers before the selected dealer obtains the personal information of the buyer. 

"At DealerRater we believe that car buyers are entitled to a great experience and to know, in advance, who is going to treat them well," says Chip Grueter, DealerRater President.  "CarWoo! definitely assures the quality of the online buying experience and by teaming with them, we know that, with our combined reviews and their process, car buyers are going to be well informed and fully satisfied."

In addition to DealerRater's consumer members, all CarWoo! buyers will gain access to the DealerRater reviews through this partnership.  DealerRater's over 460,000 dealer reviews will be incorporated into the CarWoo! MarketPlace reputation system providing all CarWoo! users with comprehensive dealer and dealership reviews as they make their purchase decisions.

"CarWoo! powers a fantastic car buying experience for consumers," says CarWoo! CEO Tommy McClung.  "We are delighted to provide the CarWoo! MarketPlace to the highly informed DealerRater consumer members with this powered by CarWoo! experience.  Enabling buyers to have even greater insight into dealer quality by incorporating the DealerRater reviews into our reputation system is truly exciting for CarWoo!.  Consumers absolutely win with this partnership."

Additional details are available on the CarWoo! blog, The CarWoo! Chronicle.

About CarWoo!
CarWoo!, as seen on The Today Show, CNN Money and other leading national media outlets, is the only true online marketplace for car buyers and sellers.  In the CarWoo! marketplace buyers remain anonymous, get great market prices, save a ton of time and dealers are ensured buyers who purchase within 3.5 days 80% of the time.  It was founded in 2008 by serial entrepreneurs, Tommy McClung, Erik Landerholm and Michael Young. With early funding by Y Combinator, CarWoo! is based in Burlingame, CA and is now funded by Blumberg Capital, Comcast Interactive Capital and Interwest Partners. Find us on Facebook at http://www.facebook.com/carwoo and on Twitter at twitter.com/carwoo.

About DealerRater
DealerRater was founded in 2002 as the first car dealer review website worldwide.  DealerRater is the world's #1 online resource for anyone seeking third-party information on automobile dealerships.  DealerRater features more than 41,000 U.S. and International car dealers, 460,000 user reviews and over 1,000,000 cars for sale.  DealerRater attracts more than 5 million consumers every year who visit the site to search for car dealerships, read current reviews, write their own descriptive reviews, and find car deals – all for free.  Car dealers are rated on the criteria of customer service, quality of work, friendliness, price and overall experience.  In addition, DealerRater offers qualified car dealers a Certified Dealer Program as a reputation management tool to help them grow their online presence and achieve higher SEO rankings across the Web.  Today, more than 4,100 dealers are members of DealerRater's Certification Program.  For more information, visit www.DealerRater.com or call 800-266-9455.

SOURCE CarWoo!