America's Car-Mart, Inc. Announces Opening of New Dealership in Cullman, Alabama

BENTONVILLE, Ark., Aug. 16, 2006 -- America's Car-Mart, Inc. today announced the opening of its newest location in Cullman, Alabama. This new location marks the fourth dealership opening since the Company's current fiscal year began on May 1, 2006. The total number of dealerships is now 89.

"This will be our third dealership to open in the state of Alabama," stated T. J. ("Skip") Falgout, III, Chairman and Chief Executive Officer of America's Car-Mart, Inc. "We are very excited about this location and the two other Alabama dealerships that recently opened in Tuscaloosa and Muscle Shoals. Alabama has proven to be a strong market for Car Mart, and we eagerly anticipate further expansion within the state."

"This location in Cullman offers a great opportunity for Car Mart," added William H. ("Hank") Henderson, President of America's Car Mart, Inc. "Doug Latham, our new manager in Cullman, has successfully completed our management training program, and we are excited to promote him into this position."

About America's Car-Mart

America's Car-Mart operates 89 automotive dealerships in nine states and is the largest publicly-held automotive retailer in the United States focused exclusively on the "Buy Here/Pay Here" segment of the used car market. The Company operates its dealerships primarily in small cities throughout the South-Central United States, selling quality used vehicles and providing financing for substantially all of its customers.