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MCJ

WEEKEND

Issue

1-19-07

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Overdrive!

Used car dealers use community-based concept of online auto auctions

Chicago--Responding to consumer fears, MonsterMotors.com has created a community-based-online-auction concept to used car selling.

The company is rolling out community-based auto auctions nationwide starting in Chicago where it is channeling its online auctions through locally respected car dealers.

The key advantage to the auctions is that those bidding on used cars are now able to not only view the vehicle in person but most likely test drive their auction item from a lot in their neighborhood.

The community-based concept offers a confidence in used car purchases that other online auctions at times seem to be unable to generate.

"Our community-based concept is up/running in Chicago where 13 savvy automobile dealers are already taking part," states Dan Enright, president of Monster Motors.

"Our innovative online auction approach is an attempt to take the sting out of online used car purchases that can go awry.

"As we continue to grow and expand into other cities across the United States, used car buyers can be assured that their visit to an automobile dealership to check out a car from our online auction will be a research sortie that could save them a great deal of money," Enright, said.

Monster Motors is a public company trading on the Pink Sheets under the symbol MRMT. www.chicagoautoauction.com.


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