SOURCE: iBidMotors

April 03, 2007 08:57 ET

iBidMotors Launches Enhanced Online Auction Site for Car Dealers

Online Video, Name Your Price Auctions and Comprehensive Search Engine Take Dealers to New Level of Affordable Online Car Auctions

BASKING RIDGE, NJ -- (MARKET WIRE) -- April 3, 2007 -- iBidMotors, the leading provider of online auction sites for car dealers, announced today the release of its enhanced auction site that among many new features includes online video capabilities giving dealers the opportunity to display not only pictures of the cars but up-close videos of their cars both inside and out. Additionally, the new site includes a powerful search engine that enables consumers to research and find cars easily.

"We are very excited about all of the new technology we are adding to our online car dealer auction site," said Bob Schiff, founder and CEO of iBidMotors. "These enhancements give car dealers some of the most advanced features available in the industry today."

Each car dealer that enrolls will have its own "virtual dealership" within the iBidMotors site, where car buyers can find comprehensive information about the dealership, its complete inventory and dealer finance options. A unique feature added to the new site -- "Deal-No-Deal Auctions" -- allows consumers to let their local car dealership know what they are willing to pay for a car, and the dealership can accept the deal or not.

"iBidMotors completely streamlines the ability to post a car online, allowing dealers and consumers to sell their car on the auction site literally in a few minutes," said Brian Kelley, the former New York Giants football player and now President of iBidMotors. "We do all of this for a flat monthly fee starting at $595 per month with three basic plans."

iBidMotors will officially launch the new auction site at the New York International Auto Show Dealer Preview party on Thursday evening April 5th at the Jacob Javits Center in New York. Former New York Giants football superstars and iBidMotors spokesmen Lawrence Taylor, Harry Carson, Brad Van Pelt, Howard Cross, former Philadelphia Eagles player Keith Byars and iBidMotors president and former New York Giant Brian Kelley will host the event to the area's 1,200 car dealers.

For more information, please contact iBidMotors at: 1-877-Cars-799 or visit www.iBidMotors.com

About iBidMotors

Founded in 2004 and launched in 2006 by early Internet pioneers, businessmen and a team of former NFL players, iBidMotors is the nation's leading provider of online auction sites for car dealers. Hundreds of cars and trucks have been sold throughout New York, New Jersey, Pennsylvania and Florida. iBidMotors plans to expand operations this year throughout several other states including California, Texas and Georgia.

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