The Auto Channel
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The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

LiveDeal Autos Becomes Fastest-Growing New Autos Site

Consumers Not Only Browse LiveDeal.com's Huge Inventory for the Perfect Vehicle, They Can "One-Stop-Shop" for Furniture, Electronics and Other Items

PALO ALTO, Calif., April 14 -- Consumers looking online for a broad selection of used cars in their local areas now have a powerful new weapon in their arsenal thanks to LiveDeal.com, the leading online local marketplace and free classifieds site. As a result of a new relationship between LiveDeal and AutoNation, Inc. , America's largest automotive retailer, approximately 20,000 used vehicles from more than 280 dealers nationwide are now listed for sale on LiveDeal.com. Adding to its fast- growing array of vehicles listed by private sellers, LiveDeal Autos now offers an inventory of more than 27,000 cars of all makes and models -- giving LiveDeal Autos the distinction of being fastest growing new autos site on the Internet month over month.

"One-third of LiveDeal's more than half a million visitors each month are looking for cars," observed Rajesh Navar, founder and CEO of LiveDeal. "Now there's a car to suit everyone on LiveDeal. It's clear the Internet needed a better model for buying and selling cars locally. LiveDeal provides the perfect platform to meet that demand and has now become the fastest growing auto site on the Internet thanks to our ability to put buyers and sellers in touch in their local markets."

Research shows that 90 percent of car sales occur locally. And national statistics show that 94 percent of U.S. car buyers research online before they buy, making the Internet a natural platform for automobile transactions. However, many buyers are hesitant to turn to online auction sites due to the desire to "test drive" a big-ticket item such as a vehicle before committing to purchase, or because of concerns about the potential for online fraud.

Buying and selling in person has other benefits also. "I listed my canoe for sale on LiveDeal and the buyer came over, saw two cars I was also selling and ended up buying those cars from me as well," commented LiveDeal user Charles Justice, located in Southern California. "I love the added bonus I got from LiveDeal."

LiveDeal eliminates the costs and limitations of print classifieds and online auctions, and provides an ideal environment for buyers and sellers seeking a safe, professional and highly-effective medium for conducting transactions. Because LiveDeal connects people in their local markets, and transactions are conducted in person, consumers avoid shipping and fraud issues associated with online transactions.

The Benefit of a "One-Stop-Shop" Approach

Another key benefit of LiveDeal is that car buyers can browse among the site's more than 200,000 listed items in a variety of categories, including furniture, electronics, pets and appliances. So the classic Mustang convertible buyer can also pick out the "must-have" car stereo to complete the package ... or a loyal Golden Retriever to bring along as a road trip companion, with just a few clicks on LiveDeal.com.

Consumers looking for a used car and more can find it now at http://www.livedeal.com/.

About LiveDeal

With a management team hailing from eBay and other pioneering Internet companies, LiveDeal is a local online marketplace that combines the next- generation classifieds, yellow pages and e-commerce into one user-friendly solution. LiveDeal.com is ideal for trading hard-to-ship items such as automobiles, furniture, pets, appliances, real estate and other "try before you buy" items, eliminating shipping costs and reducing fraud. Buyers can browse or search for items using LiveDeal's easy-to-use Web interface, seeing what's available locally first and nationwide second. LiveDeal also serves the national market for sellers looking for a more cost-effective marketplace to list multiple items for sale with a single click and without the burden of listing fees. For more information, visit http://www.livedeal.com/.