FW: Payless Car Sales, Inc. - Press Releases
To Whom It May Concern, Would it be possible to get these and future press releases published on TheAutoChannel.com? FOR IMMDEDATE RELEASE For Information Contact: George Newman 727-323-0943 Ext. 812 www.PaylessCarSales.com Payless Car Sales Extends Relationships with Bankers St. Petersburg, FL - August 17, 2006 Payless Car Sales, Inc. announced today that it has entered into and exclusive partnership agreement with industry giant Capital One Auto FinanceR to bring "next-generation" auto financing convenience to its online customers. "Capital One is one of the most recognized and trusted names in the country and we couldn't be more pleased than to have them featured as our "go to" company for online financing" said Michael Harley, Payless's President and COO. "Now when a shopper comes to www.PaylessCarSales.com <http://www.paylesscarsales.com/> and finds the vehicle of their dreams they can very easily complete and submit a simple and secure one page online credit application and receive a reply within minutes - 24/7. This is the kind of service Internet shoppers have come to expect and we do everything we can here at Payless to provide our customers with a no hassle buying experience" Harley said. "At Payless, our goal is to provide both our franchisees and their customers with the very best products and services the industry has to offer. Establishing "preferred partnership" agreements with the leading companies in each of their respective fields, like Capital One in auto financing, provides value all the way around. Our company's growth is a direct reflection of the partnerships we have built," Harley continued. Payless Car Sales was initially formulated to provide a sales platform for disposing of rental vehicles for its sister company Payless Car Rental. It became a separate entity in February 2002 and has now grown to over 50 locations in 15 states and Puerto Rico. Payless Car Sales, Inc. is a wholly-owned subsidiary of Florida-based Avalon Global Group, Inc. a privately held company headquartered in St. Petersburg, Florida. For information on becoming a Payless Car Sales franchisee please visit: www.PaylessFranchising.com <http://www.paylessfranchising.com/> , or call Jim Formanek at 800-729-5898 Ext. 823. FOR IMMDEDATE RELEASE For Information Contact: George Newman 727-323-0943 Ext. 812 www.PaylessCarSales.com Payless Car Sales Begins International Expansion, Signing Master Franchise Developer for Canada St. Petersburg, FL - (August 16, 2006) Payless Car Sales, Inc. announced today their signing of a "master franchise development" agreement with Emerson Motor Market, Inc. of British Columbia, Canada. According to Michael Harley, president of Payless, "Expanding beyond the borders of the US has always been a part of our growth strategy. Why wouldn't it be?" Harley said, "Our sister company, Payless Car Rental has been a successful player in the international marketplace for years, proving that our name - our Payless brand - resonates with cost conscious consumers throughout the world." The used vehicle sector is estimated to be a $25 billion dollar industry in Canada. Last year, according to DesRosiers Automotive Consultants, the only consulting and market research company in Canada that specializes in the automotive industry, independent dealers accounted for just 24% (556,000) of the 2.3 million used vehicles sold throughout the country. "We believe", said Harley, "that Dennis DesRosiers' forecast of a softening of new car sales over the next few years and his prediction for very strong growth in the "counter-cyclical" used car market in Canada is right on the money. And that, combined with our having found such a fine company as Emerson Motor Market, Inc. to partner with, is why we have chosen this time to introduce our Payless Car Sales brand into Canada". "We are extremely pleased to have acquired the rights to expand the Payless Car Sales Franchise System throughout Canada" said Snaea Jonsdottier, President of Emerson Motor Market, Inc. "Our goal is to open two to five Payless dealerships in each of at least seven of the Canadian provinces within the next five years'' Jonsdottier added. When asked where Payless would venture next, Harley said, "Mexico seems to be the next logical step due to the anticipated relaxation of their used vehicle import restrictions. We've gotten a number of serious inquires from there and a handful of other Latin American countries". "And, said Harley, "it's just a matter of time before you'll see the Payless Car Sales brand in Europe and other areas around the globe. Payless Car Sales was initially formulated to provide a sales platform for disposing of rental vehicles for its sister company Payless Car Rental. It became a separate entity in February 2002 and has now grown to over 50 locations in 14 states and Puerto Rico. Payless Car Sales, Inc. is a wholly-owned subsidiary of Florida-based Avalon Global Group, Inc. a privately held company headquartered in St. Petersburg, Florida. The Payless group of companies upholds the highest business standards and continually strives for opportunities to diversify and improve the Payless brand. Thank you. George A. Newman Director of Operations Payless Car Sales, Inc. 2350-N 34th Street North St. Petersburg, FL 33713-3614 (727) 323-0943 Ext. 812 gnewman@paylesscarsales.com An Avalon Global Group Company ******************************************************************************************** IMPORTANT: The information contained in this message is privileged and confidential. It is intended only for the use of the individual or entity named above. If the reader of this message is not the intended recipient, any dissemination or reproduction of it is strictly prohibited. If you have received this communication in error, please contact us at postmaster@PaylessCarSales.com immediately. Thank you. ********************************************************************************************