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Yahoo! Autos to Feature Autobytel.com Pre-Owned Vehicles

Automotive e-commerce site Autobytel.com signed an agreement with Yahoo! Inc. to offer thousands of used vehicles for sale through Yahoo! Autos, a channel for researching, buying, selling and finding information on maintaining new and used cars.

The agreement with Yahoo! Autos increases Autobytel.com's stake in the $370 billion pre-owned vehicle market, which currently includes the Autobytel.com Pre-Owned CyberStore and Wholesale.autobytel.com, the company's dealer-to-dealer pre-owned vehicle auction service. Financial terms of the deal were not disclosed.

"Yahoo! is clearly a leading resource for consumers on the Internet, and Autobytel.com is pleased to bring a vast selection of high-quality, pre-owned vehicles to Yahoo!'s millions of users," said Anne Benvenuto, senior vice president of marketing for Autobytel.com.

Through the agreement, Yahoo! Autos shoppers will have easy access to Autobytel.com's digital images of the vehicles as they appear. Each car or truck will pass a rigorous, 135-point certification program, designed to protect consumers, and will be backed by a 3-month/3,000-mile limited warranty, a 72-hour money-back return policy and a nationwide travel repair program.

Autobytel.com is paid additional subscription fees from dealers participating in the Certified Pre-Owned CyberStore program. In April of 1999, Autobytel.com logged well more than 2 million searches for pre-owned vehicles.