CarList Wholesale Listing Service

CONFIDENTIAL For MyWurld Use Only April 23, 2012 1

CarList™ The only national wholesale listing service

CarList Wholesale Listing Service MyWurld Overview

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 2

MyWurld is a dynamic community of niche social networks

Each network is interest specific, with associated, useful applications

MyWurld apps help save time, save money and earn money

AutoWurld introduces CarList…

CarList Wholesale Listing Service CarList Benefits

National Wholesale Network

Improve Retail Visibility

Institutional Buy Bids

Expand Inventory

Save Time

Save Money

Increase Margins

Local Marketing Support

Mobile Application

Fixed Pricing

Seamless Startup

Introductory Offer

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 3

CarList Wholesale Listing Service National Dealer Network

CarList enables members to network their entire inventory

with a nationwide association of validated dealerships.

CarList is the only national networking service for dealers.

Wholesale inventory from multiple network sources: • New & Used Dealerships • Financing Institutions • Leasing Agencies • Rental Agencies

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 4

CarList Wholesale Listing Service

Expands online footprint for all retail units

Immediate retail visibility to consumers, web crawlers and search engines

Unrestricted and unlimited preliminary retail searches

Search details require membership validation

Improve Retail Visibility

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 5

CarList Wholesale Listing Service Institutional Buy Bids

Submit direct buy bids for institution-owned units

Currently negotiating commitments from:

• Banks / Credit Unions

• Leasing Agencies

• Rental Agencies

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 6

CarList Wholesale Listing Service Expand Inventory

Sell Institution-Owned Units With Zero Out-of-Pocket Expense • Service opportunity for RECON and PSI revenue • Purchase units at 10% over Manheim Auction Estimate

Maximize Buying Opportunity • Nationwide Network

Dealers Institutions Agencies

• Private Party

April 23, 2012

CONFIDENTIAL For MyWurld Use Only 7

CarList Wholesale Listing Service Save Time

Members conduct business more efficiently and effectively

• Detailed Search Customization

• Multiple Saved Searches

• Unlimited Automated Alerts

• IM Negotiations

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 8

CarList Wholesale Listing Service Save Money

No Auction Fees

No Transaction Fees

Reduced Transportation Costs

Reduced Travel Expenses

More Efficient Man Hours

Reduced Advertising Expenses

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 9

CarList Wholesale Listing Service Increased Margins

Increase Bottom Line Profitability

• Hard Costs

• Variable Costs

• Opportunity Costs

• Exponential ROI

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 10

CarList Wholesale Listing Service Local Marketing Support

In-Network Dealer Promotion

Consumer Marketing Campaigns

• Social Media Campaigns

Multi-Platform

Geo-Specific

• Viral Marketing Efforts

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 11

CarList Wholesale Listing Service Fixed Pricing

Membership Fees Are Fixed and Permanent

Provided Member Accounts Remain Current

• Membership will NEVER increase

• With no additional fees

Canceled or Suspended Accounts Reactivate At Current Rates

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 12

CarList Wholesale Listing Service Seamless Startup

CarList Staff Will Setup The Dealership Profile

CarList Staff Will Setup The Automated Dealership Feed

Automatically Display Wholesale / Retail Prices > Zero

CarList Staff Will Monitor Nightly Server Updates

Login, Point, Click, Search, Buy, Sell

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 13

CarList Wholesale Listing Service Mobile Application

Mobile Application Coming in Q2! • For iPhone, iPad and Droid

Listings In 60 Seconds Or Less • Fresh Trades & Bullpen Units

Scan VIN

Enter pricing, colors, mileage and options

Snap images

Click upload and it’s listed!

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 14

CarList Wholesale Listing Service Introductory Offer

Early Adopters

• Sign Up Today – $195 / Month

• Unlimited Usability

• No Transaction Fees

• No Annual Contract

• Cancel Anytime

Membership Fees Are Fixed!

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 15

CarList Wholesale Listing Service Auction Comparison

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 16

Auction Sale Price $6,900 Seller Expenses $340

Auction Fee ($240)

Transportation Fee ($100)

Buyer Expenses $340 Auction Fee ($240)

Transportation Fee ($100)

CarList Monthly Membership $195 Auction Fee ($0)

Transaction Fee ($0)

Transportation Fee ($0)

Projected Member Savings Monthly Annual 1 Unit Per Week $1,277 $15,326

2 Units Per Week $2,749 $32,993 4 Units Per Week $5,694 $68,326 8 Units Per Week $11,583 $138,991

16 Units Per Week $23,360 $280,322

CarList Wholesale Listing Service CarList Competitive

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 17

CarList Wholesale Listing Service

April 23, 2012 CONFIDENTIAL

For MyWurld Use Only 18

CarList™ The only national wholesale listing service