Edmunds.com (www.edmunds.com), the Web’s leading consumer resource for unbiased automotive information, today announced that it has signed a partnership with 1SourceAutoWarranty.com (www.1sourceautowarranty.com), one of the leading extended automotive warranty providers on the Internet. Through this partnership, Edmunds will refer consumers to 1SourceAutoWarranty.com for all their extended-warranty needs.
“This alliance allows Edmunds to provide an added value to consumers by offering an easy and convenient method for purchasing an auto warranty plan,” said Lev Stark, vice president, corporate development, Edmunds.com. “In addition, this partnership enables us to expand the quality services, resources and products currently offered on the Edmunds site, further empowering consumers with all the necessary information to make wise automotive-related decisions.”
Through 1SourceAutoWarranty.com, consumers can purchase vehicle service agreements (a.k.a. extended warranties), which have traditionally been sold exclusively through auto dealers. 1SourceAutoWarranty service contracts can cost up to one-half less than other auto warranties purchased through a dealer. Using 1SourceAutoWarranty.com, consumers are able to research and obtain competitive pricing on warranties in a convenient and no-pressure environment. In addition, 1SourceAutoWarranty.com offers a vehicle identification number (VIN) decoder to help ensure customer accuracy when requesting a quote, as well as payment plans and maintenance tips.
According to a study by Cyber Dialogue, more than 21 million consumers sought automotive information online in 1999 — nearly double that of 1998. The study went on to report “automobile shopping is now the third most common product category sought online, behind only books and travel.”
“Edmunds.com is known as the leading, trusted source for automotive information on the Internet,” said David Tryansky, marketing director, 1SourceAutoWarranty.com. “Our strategic alliance with Edmunds is a natural extension of 1SourceAutoWarranty.com’s position among extended-warranty providers and fits into our strategy of taking a lead role in offering our services via the Internet.”
Colorado-based 1SourceAutoWarranty.com offers consumers an opportunity to secure peace of mind by purchasing extended warranties via the Internet. Essentially, 1SourceAutoWarranty.com warranties provide great, comprehensive coverage at a low cost. The principals and founders of 1SourceAutoWarranty.com have more than 40 years of combined experience in the consumer warranty and automotive marketplaces and have sold and administered more than 1 million consumer warranties. They also founded and managed Home Buyers Warranty, one of the nation’s largest providers of home warranties.
1SourceAutoWarranty.com’s sophisticated Web site includes a vehicle identification number (VIN) decoder to help ensure customer accuracy when requesting a quote. Other convenient features include payment plans, maintenance tips and automotive links. Each warranty agreement is fully insured by their contractual liability insurance company. Their insurer is, in turn, reinsured by one of the largest reinsurance companies in the world, which has an A.M. Best rating of “A+” (Superior), Standard & Poor’s rating of “AAA” (Superior), and Moody’s rating of “AAA” (Exceptional). What does this mean to the consumer? Security and confidence that they will be there to perform!
Headquartered in Santa Monica, CA, Edmunds.com is the Internet’s pioneer and leader in providing free, unbiased automotive information. Edmunds.com empowers, educates and engages visitors by providing them with straightforward, truthful information on key aspects of buying, selling and owning a vehicle. Users are provided automobile pricing data, extensive automobile reviews, consumer information, safety updates, incentive and rebate news, expert analysis of developments in the automotive world and the Town Hall, an interactive community of more than 500,000 active members. Edmunds.com was ranked No. 1 in the Wall Street Journal’s Survey of Car-Shopping Web Sites, was named as one of Yahoo! Internet Life’s 50 Most Incredibly Useful Sites and Money’s 50 Most Useful Financial Websites.