NowAuto, Inc. Raises Guidance For 2005

SCOTTSDALE, Ariz., Nov. 18, 2004 -- NowAuto, Inc. is raising guidance for 2005 and providing corporate updates. NowAuto expects to earn net income in excess of $3,000,000 or 30 cents per share in 2005. The Company is projecting revenue for fiscal 2005 of approximately $10,000,000. There are under 10 million NowAuto shares outstanding with under 5.5 million shares in the float. NowAuto will file its Form 10 to become a fully reporting company in the next 45 days. Once fully reporting, the Company plans to move off the Pink Sheet Markets.

NowAuto has three unique and complementary sources of revenue broken down as follows:

1. Navicom, a subsidiary of NowAuto, has cutting edge GPS technology that covers 98% of the United States, Mexico, and Canada. The unique Navicom technology assists in vehicle location and control. Navicom allows the subscriber to access the vehicle location via the Internet and monitor location, speed, and maintenance requirements. The technology also has disabling capabilities, which stop a Navicom equipped vehicle from starting. There are numerous applications of the Navicom technology including personal security on vehicles and motorcycles as well as homeland security. Navicom units retail at $399 with a $9.99/month service fee and there are combined 2,000 units in use and ordered, and this number is growing rapidly. LoJack, a very successful NASDAQ company and competitor of Navicom, is only offered in 23 states and retails for much higher than Navicom. Navicom currently has a large backorder for its product because of the explosive demand being experienced. Navicom has received over 400 distribution/reseller applications from around the US with more applications coming in daily.

2. NowAuto owns two used vehicle dealerships in the Phoenix area. These dealerships are targeted at buyers with sub prime credit to finance a vehicle with no credit check. Using Navicom's technology the Company can shut down the car if payments are not received and then NowAuto repossesses the car. NowAuto sells its automobiles for an average of $7,000 and has healthy profit margins on all the cars it sells. The Company estimates that it will sell an average of 100 cars per month or 1,200 cars in total for 2005. This represents revenue of $8.4 million for vehicle sales.

3. NowAuto also finances the vehicles it sells. Automobiles will be financed to sub prime credit borrowers at a rate of 29.99%. By the end of 2005 NowAuto expects to have $10 million in loans receiving 29.99% interest. This represents annualized finance revenue of nearly $2,400,000 after down payment. The Company expects its number of loans to more than double in 2006 through internal growth and acquisitions.

Scott Miller, CEO of NowAuto, Inc. states, "The growth we are experiencing is truly impressive. Navicom is growing faster than we ever predicted and it looks like this is only the beginning. We look forward to making numerous exciting announcements in the near future."

  Feel free to check out the corporate website:

  Corporate website http://www.nowauto.net/
  Vehicle Dealer Website http://www.nowauto.com/
  Spanish Version Dealer http://www.pezgordo.com/
  Navicom GPS http://www.nowgps.com/

Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward- looking statements.