Avis Mini-Lease Program Does Away With the Age-Old Question 'Mom, Can I Borrow The Car?'

Mini-Lease Program Offers Parents an Easy Way to Get That Second Car

$100.00 Limited-Time Savings Now Through June 25th

PARSIPPANY, N.J., May 18 -- It's May and that signals the spring migration of college students returning home from college to live with Mom and Dad for the summer. With returning students comes the inevitable conflict sure to arise over sharing the family car. Avis Rent A Car System, Inc. has today announced a $100.00 savings promotion on its popular Mini-Lease program, a hassle-free way for parents to get that second car and avoid the headaches that come with trying to share the family car. The offer is good on all mini-leases that start by June 25, 2004 and reference coupon #MUPA008 when making the reservation.

With a mini-lease, parents have the ability to rent a vehicle for their own use and free up the family vehicle for their children to use over the summer.

In addition to attractive lease rates, other benefits of the program include:

   * A minimum 60-day rental, maximum of 11 months
   * A rate that automatically decreases for the first four months of the
     rental
   * No need to return to the rental counter to renew the contract during
     the rental
   * Wide selection of late-model, well-equipped GM vehicles, some include
   * OnStar(R) Emergency Response System
   * Special 24-hour emergency road service
   * Low rates for LDW coverage
   * Free XM Satellite Radio in all premium and luxury vehicles

"The Avis Mini-Lease program is the perfect solution to get people in a new, late model car quickly, affordably and without a long-term commitment," says Scott Deaver, executive vice president of marketing for Cendant Car Rental Group, parent company of Avis. "It's another example of delivering products that help provide our customers with a stress-free rental experience."

To obtain a coupon for the $100.00 savings offer, visit www.avis.com/promotions. Offer good on midsize and larger rentals, subject to terms and conditions. Customers interested in reserving a car under the Avis mini-lease program should call 1-800-524-9000 and reference coupon #MUPA008 or visit www.avis.com/promotions for more information.

About Avis

Avis Rent A Car System, Inc. and its subsidiaries operate the world's second largest general-use car rental brand, providing business and leisure customers with a wide range of services at nearly 1,800 locations in the United States, Canada, Australia, New Zealand and the Latin American/Caribbean region. Avis is one of the world's top brands for customer loyalty, ranking as the number one rental car brand and the number one brand overall among 182 in the 2003 Brand Keys(R) Customer Loyalty Index, and tying for the highest ranking in the 2003 J.D. Power & Associates rental car customer satisfaction study. The company is a wholly owned subsidiary of Cendant Corporation , a diversified global provider of business and consumer services primarily within the real estate and travel sectors. For more information visit www.avis.com or www.cendant.com/media.

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