Released on: September 21, 2008, 10:56 pm

Press Release Author: Ryan Burrowes (General Sales Manager)

Industry: Automotive

Press Release Summary: YouPaidWhat.ca lives online, that means reduced overhead and
bigger savings for consumers”, says Nick Grande president of YouPaidwhat.ca.

Press Release Body: First-of-its-kind Web site offers Canadians deals on wheels


TORONTO, ONT. (Sept 8, 2008) – Ever dream of owning a 2008 Mercedes S Class with
only 7,000 kilometers on it for less than CDN$90,000? There’s no catch and you’ll
have people asking, “You paid what?”
Introducing YouPaidWhat.ca – the first online auto company that negotiates with U.S.
automotive dealerships on behalf of Canadians. YouPaidWhat.ca imports both new and
used cars, offering lower prices to consumers throughout Ontario and beyond.
In 2003, when YouPaidWhat.ca began importing U.S.-priced new and used cars into
Canada, the Canadian dollar was approximately 82 cents to the U.S. dollar. At that
time, customers saved an average of 10 per cent on a vehicle. With the Canadian and
American dollars now so close, consumers are able to save as much as 50 per cent.
“Since its inception, several dealerships have followed YouPaidWhat.ca’s lead,
flooding the market with U.S. cars, and inflating vehicle prices. These dealers
unfortunately devalue the cost-savings available to Canadians, who have been gouged
by manufacturers for decades. Dealers are middlemen with huge fixed costs associated
with operating big businesses. YouPaidWhat.ca lives online, that means reduced
overhead and bigger savings for consumers”, says Nick Grande president of
YouPaidwhat.ca.

How it works
YouPaidWhat.ca is the first and only Canadian automotive Web site to strictly show
American vehicles at American prices. YouPaidWhat.ca then negotiates discount prices
with U.S. dealerships and passes these savings on to its customers via its website.
The Web site is updated with new inventory every 24 hours. Best of all, there are no
hidden fees; any costs associated with the purchase of a vehicle through
YouPaidWhat.ca are made clear and upfront.

example
While just about any make and model of vehicle is available through YouPaidWhat.ca,
the most substantial cost savings are on mid-range and high-end priced cars and
trucks. One recent example.

2006 Range Rover Super-charged Sport with 47,000 km
o Autotrader.ca price: $55,000
o YouPaidWhat.ca price: $49,565

Services
• Official vehicle history provided by Car Proof Inc. or Car Fax Inc.
• Canadian Customs Paperwork; YouPaidWhat.ca organizes the title clearance on the
vehicle for every customer
• Shipping within Canada to any customer
• E-test (emissions testing)
• In-house financing / leasing option
• YouPaidWhat.ca ensures all U.S. vehicles meet Canadian compliance
• Full disclosure of all paper work involved in the purchase of every car or truck
sold
• After market warranties


YouPaidWhat.ca is a long-standing member of:
• Better Business Bureau
• CFIB (Canadian Federation Independent Business)
• NAATA (North American Automobile Trade Association)
• OMVIC (Ontario Motor Vehicle Industry Council)
• UCDA (Used Car Dealer Association)

Web Site: http://youpaidwhat.ca

Contact Details: TORONTO, ONT.

Work: 416-977-0770

Cell: 416-822-0323

E-mail: r.burrowes@youpaidwhat.ca