NEW ONLINE CAR RETAILER WILL NOT COMPETE ON PRICE Wednesday 18 April 2001 PDF Print Carview.co.uk's UK-only sourcing arrangement cannot deliver the discounts expected from car e-tailers Leading online car retailer OneSwoop (www.oneswoop.com) revealed today that Microsoft's new motoring web-site will not be able to bring the same price savings to UK consumers as those already offered by well established importers. This claim is supported by research (See Appendix A) showing that OneSwoop offers a lower price for 11 out of the 14 most popular models compared with Carview.co.uk, questioning the new entrant's ability to compete on value for money. The report suggests that the average OneSwoop saving versus Carview.co.uk is nearly £750 for each model, with the variation between the higher Carview.co.uk price and the OneSwoop price reaching as much as £2,001 in the case of the RAV 4 V8 2.0 4X4. The lower price deals available through OneSwoop also include a difference of £1,520 on the price of the Ford Puma 1.6 3 door coupe and a disparity of £1,651 on the Volkswagen Golf 1.6 16V SE 5 door. Tom Buehlmann, marketing director OneSwoop commented, "We welcome Carview.co.uk, as their entry into the online car retail market will help tell consumers they can buy high value goods confidently over the Internet. However, OneSwoop's enviable relationship with dealers from across Europe, which the company has built up over the last 12 months, will deliver better savings for consumers than Carview.co.uk's alliance with just one UK dealer group. Although UK sourcing is a good way of delivering shorter lead times, Carview.co.uk's partnership with Pendragon is an incomplete arrangement - the end result being a lack of choice for the consumer." Buehlmann continued, "Furthermore, Carview.co.uk joins over 250 online car retailers who have a proven track record in all the services the company claims to be bringing to the sector for the first time. OneSwoop has introduced a steady flow of services to suit the different demands of individual car buyers, such as independent advice from Whatcar.com, the opportunity to place classified adverts on WhatCar.com and Autocar magazine at 50 per cent discount on standard rates, as well as a full trade-in option. We believe Carview.co.uk will find it difficult to compete as a laggard entering an already crowded marketplace." About OneSwoop: Launched in March 2000, OneSwoop is the leading pan-European online car retailer offering three easy ways to buy a car - OneSwoop Now, OneSwoop Custom and OneSwoop Select. The company specialises in a no haggle, no hassle service - delivering both custom and pre-configured cars directly to customers at up to 20 per cent off UK retail prices in as little as four weeks. OneSwoop is backed by a number of prestigious financial and strategic investors from Europe and the US, including BP, Credit Suisse and Atlas Venture. It numbers amongst its partners such respected organisations as Fortis Bank, Marks & Spencer, SGS and STVA (Transcars). For Further Information: Matthew Ward/Lena Ahmed Brodeur Worldwide Tel: 01753 44 8875/8861 Email: email@example.com / firstname.lastname@example.org Appendix A: How OneSwoop and Microsoft Carview.co.uk compare head-to-head Model 1. Ford Focus 1.6 Zetec 5dr OneSwoop £9,985 Carview.co.uk £10,837 2. Toyota Yaris 1.0 16v VVTi GS 5 dr OneSwoop £7,608 Carview.co.uk £8,589 3. Volkswagen Golf 1.6 16v SE 5 dr OneSwoop £11,919 Carview.co.uk £13,570 4. Peugeot 206 5 dr 1.1 LX AC OneSwoop £8,213 Carview.co.uk £8,411 5. Citroen Xsara Picasso 1.6i SX 5dr OneSwoop £11,741 Carview.co.uk £10,880 6. BMW 3 Series 320D 4dr OneSwoop £17,587 Carview.co.uk No BMWs 7. Renault Megane 1.4 16v Authentique OneSwoop £9,373 Carview.co.uk £8,510 8. Ford KA 1.4 Collection 3dr OneSwoop £6,981 Carview.co.uk £7,622 9. Toyota RAV 4 VX 2.0 4x4 OneSwoop £16,839 Carview.co.uk £18,840 10. Vauxhall Astra 1.7 DTI 16v Club Estate OneSwoop £10,943 Carview.co.uk £11,385 11. Audi TT 1.8T Quattro Coupe (180) OneSwoop £21,284 Carview.co.uk £23,254 12. Seat Leon 1.4 16v SX OneSwoop £9,495 Carview.co.uk £9,431 13. Mercedes E Class E 220 CDI Classic OneSwoop £21,602 Carview.co.uk No Mercedes 14. Ford Puma 1.6 3dr Coupe OneSwoop £10,491 Carview.co.uk £12,011 Notes to the editor: All prices compared were those quoted on the OneSwoop and Carview.co.uk web-sites on 12 April 2001. ______________________________________________________________________ Click on the link below to see this news release as it appears on the Brodeur News Room website and obtain full contact details. http://www.brodeurnewsroom.com/asp/release.asp ______________________________________________________________________ Click the link below to login and update your company and subject preferences, or personal details. http://www.brodeurnewsroom.com/asp/login.asp ______________________________________________________________________ Click on the link below to have your login details re-sent to you. http://www.brodeurnewsroom.com/asp/forgot.asp This press release was distributed by ResponseSource Press Release Wire on behalf of Pleon in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.