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Full-Service Auto Leasing Added to LeaseCompare.com Web site

October 9, 2003

Automobile Consumer Services, Inc. (ACS), specializing in online, direct-to-consumer auto leasing, has added full-service auto leasing to its LeaseCompare.com Web site. Now consumers can visit the site, build a new vehicle, obtain a realistic purchase price and see instant lease payments, according to ACS.

Up until now, visitors to LeaseCompare.com had to find a vehicle and negotiate their own price before receiving instant lease quotes. Now, using Edmunds.com's True Market Value(R) (TMV) pricing, ACS secures the vehicle for the national TMV(R) price, making this new service a one-stop shop for obtaining a lease, according to Tarry Shebesta, president of ACS.

"LeaseCompare.com now makes it easier for the consumer to lease a new car by using realistic prices to calculate competitive lease payment options," Shebesta said. The Edmunds.com TMV figure represents the estimated national average selling price, a "fair deal." Using TMV pricing to quote lease payments provides new automotive buyers with a more accurate method of determining realistic transaction prices for specific new vehicle models, according to Shebesta.

For example: A typically equipped 2004 Lexus RX330 with an MSRP of $40,650 and a TMV price of $40,030 shows a 39-month lease payment of $571 plus tax. Full disclosure of lease details are provided, including the residual value, money factor and all fees.

Once a customer selects a lease payment option and applies for credit at LeaseCompare.com, ACS facilitates the entire leasing process. After a credit review is completed, ACS locates the vehicle, completes the paperwork and arranges for delivery. "In essence, consumers can now arrange a great lease on a new vehicle without leaving home," Shebesta said.

About Automobile Consumer Services, Inc.

Based in Cincinnati, Automobile Consumer Services, Inc. (ACS) is a provider of consumer automotive services, including car buying and leasing, fleet resources, vehicle remarketing, and used vehicle sales.

Founded in 1989, ACS's mission is to provide services that enhance the experience of buying or leasing a car. ACS achieves this by leading the industry with innovative proprietary technology, superior customer service, and years of industry experience.

For more information, visit www.acscorp.com.

Edmunds.com True Market Value(R) and TMV(R) are registered trademarks of Edmunds.com, Inc.

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