Automotive Capital Group, Inc. Completes the Acquisition of Two Auto Dealer Lots and Creates a Sub-Prime Finance Company

Automotive Capital Group, Inc. Is Now Positioned to Sell Over 100 Vehicles Each Month

PHOENIX, Sept. 29 -- Automotive Capital Group, Inc. today announced completion of its acquisition of two auto dealer lots. Each lot will be under the same banner and will be dressed to create a single identity of "Now Auto." Each facility will use the inherent advancements of the Internet to maintain accurate corporate inventory, pricing and cooperation towards the business goal of selling over 100 vehicles each month. With an average sales price of $8,000 per vehicle, Automotive Capital Group, Inc. now has the capability for profitability without the need for further expansion.

Automotive Capital Group, Inc. also announced filing with the Banking Commission to start its own automotive finance company.

Automotive Capital Group, Inc. is on schedule for filing its Form-10, becoming a full reporting company; one of the necessary steps to advance from an OTC: Pink Sheet stock to being listed on the American Stock Exchange.

Automotive Capital Group, Inc. is the home of the no credit check financing." As long as a customer can provide proof of income, a utility bill, a valid driver's license and five personal references, Automotive Capital Group, Inc. can approve them. Customers visiting http://www.nowauto.com/ can search the constantly changing inventory (NowAuto.com's web site provides the vehicle's detailed description, history, test results and all facts relating to its equipment and performance), choose their next car and fill out the application.

Automotive Capital Group, Inc. is unique in its offering of "no credit check vehicle financing." Backed by its recent acquisition of Navicom, (a wireless GPS technology system able to track its unit anywhere in 98% of the U.S., Canada and Mexico, is installed in every vehicle it finances), Automotive Capital Group, Inc. maintains constant tracking of all of its vehicles. Since Navicom's wireless GPS technology system can not only find these vehicles, but, if required, with a simple keystroke via their web site, they can shut them off.

The combination of Automotive Capital Group, Inc. and the Navicom wireless GPS technology system could well be on its way to a solution to the $25 billion sub-prime auto financing industry.