WASHINGTON, D.C. — With many young adults fresh from high
school and college graduations, officials from Americans Well-Informed on
Automobile Retailing Economics (AWARE) shared several tips for these
individuals who might be ready to buy their first vehicle.

AWARE emphasized these buyers should have a firm grasp of basic
financial terms, what's in your credit report, how much can be afforded each
month and which vehicles are in a desired price range can help them navigate
the process.

"Buying a car is the first major financial decision that
many young adults make, and the choice will be with them for several years,"
said AWARE spokesman Eric Hoffman.

"Preparing themselves by learning about the process,
financing options and basic terms can increase their comfort level," Hoffman
continued.

AWARE offers vehicle-buying tips and more for new graduates in
both English and Spanish online www.autofinancing101.org.

AWARE is a vehicle financing industry coalition to help
consumers understand how auto financing works. The group provides potential
buyers of new and used autos with the tools and resources they need to
successfully navigate the auto financing process.

AWARE's members include: American Financial Services
Association, National Automobile Dealers Association, National Association of
Minority Automobile Dealers, American International Automobile Dealers
Association, Ally Financial, American Honda Finance Corp., American Suzuki
Financial Services, AutoNation, Ford Motor Credit Co., GM Financial, Group 1
Automotive, Inc., Lithia Motors, National Auto Finance Co., Nissan Motor
Acceptance Corp., Saab Financial Services Corp., Sonic Automotive, Inc., Toyota
Financial Services, United Auto Group, Inc. and Wells Fargo Dealer Services.