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Finance Express Adds Black Book Used Vehicle Values to FEX

February 13, 2007

Gainesville, Ga. — National Auto Research, publisher of Black Book family of vehicle appraisal guides, has announced that their used vehicle values have been added to Finance Express’ FEX inventory management solution. FEX fully integrates regional, national, and local lenders into the dealer management system with accounting, collections, buy-here-pay-here, and inventory management capabilities.

David Huber, president of Finance Express, said, “Our goal is to provide independent used-car dealers with a Web-based platform that will automate and accelerate the dealer to lender relationship, including credit application processing, credit bureau access, electronic contracting, lead generation, and complete escrow services. Our Dealer Management System was created exclusively for used-car dealers. The majority of the used-car dealers we serve rely on Black Book values, so incorporating them into our DMS was a priority. Dealers who use FEX no longer have to look up each vehicle separately – FEX can automate that process and even update the dealership’s inventory portfolio on a weekly basis.”

Bob Burnett, President of Black Book, commented,“We are pleased that Finance Express has added access to Black Book data to their FEX Dealer Management System. We have been providing used vehicle values to dealers and financial institutions for 50 years, and we are committed to staying on the cutting edge of new and innovative technology. We look forward to working with a respected company such as Finance Express to better serve our shared customers.”

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