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AutoMart.com, myAutoloan.com Partner to Offer New Finance Option

June 16, 2008

NORFOLK, Va. and IRVING, Texas — AutoMart.com and myAutoloan.com have teamed up to launch Auto Finance Center Powered by myAutoloan.com. The online service is designed to allow new-car buyers to apply for a loan online and receive multiple offers in return.

"We are thrilled to have AutoMart.com join the Powered by Auto Finance Center marketplace lending platform." said Greg Thibodeau, CEO of myAutoloan.com. "This partnership offers their customers real value, with real lenders providing real loans."

All loan offers are presented online and in real time, according to the companies, allowing customers to select the loan offer that makes the most sense to them and then receive a blank check in the mail. The application and loan offer process is designed to be easy, fast and secure.

"Our goal is to help our customers in the auto-buying process and this is just one more way that we can assist new-car buyers," said Stephanie Esquivel, national sales manager at AutoMart.com. "This service is free to applicants and provides real loan offers online in real time, within the AutoMart.com Website and brand, our customers will be delighted."

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