Payless Car Sales Adds Fuel to the Franchise with Six New Locations and Appointment of Division Vice President

ST. PETERSBURG, Fla.--Nov. 2, 20043, 2004--Payless Car Sales, Inc. announced today the appointment of James Formanek as vice president of the Florida Division. He is responsible for developing new franchise agreements with independent used car dealers throughout Florida for the growing franchise. Payless Car Sales recently opened new locations in Ft. Lauderdale, Port St. Lucie and Miami, Fla.; Pryor, Okla; and Houston, Texas.

Formanek and Dealer Diversified of Tulsa, Okla., exclusive franchise developer for 49 states, are responsible for signing the six new agreements bringing the total number of Payless Car Sales franchises sold to over 60 in 12 states. The new Houston franchise is the 15th to open in Texas with 13 locations now in Florida.

As a seasoned used car professional, Formanek previously owned and was president of Louisville Motorsports, LLC, a line of high-end used cars dealerships. As a former executive with Huber's, Inc. and Triangle Automotive Group, Inc., Formanek operated several Budget Car Sales and independent used car dealerships.

Payless Car Sales' national buying power and alliances with premium lending sources benefit franchisees and customers. The showroom atmosphere, warranties and financing services are that of a new car dealership and not typically available to independent used car dealers.

Payless Car Sales, Inc. is a wholly-owned subsidiary of Florida-based Avalon Global Group, Inc. The privately held company headquartered in St. Petersburg offers a vast array of products and services from discount car rentals to hotel rooms from the Payless family of brands including Payless Car Rental, Payless Car Sales, Payless Parking and Payless Self Storage. The Payless group of companies upholds the highest business standards and continually strives for opportunities to diversify and improve the Payless brand.

For information on Payless Car Sales or to find a location near you, call 1-800-729-5898, visit www.PaylessCarSales.com or email inquiries to info@PaylessCarSales.com.