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Smart Choice Announces Decision To Postpone Stock Offering

24 September 1998

Smart Choice Announces Decision To Postpone Stock Offering

    TITUSVILLE, Fla., Sept. 24 -- Smart Choice Automotive Group,
Inc. , a leading retailer of "dealer-financed" used cars in the
Southeastern United States, today announced that it is delaying its planned
follow-on common stock offering.  The Company cited unfavorable market
conditions as the reason for the postponement.  The Company will continue to
evaluate the equity markets for more favorable conditions.
    Smart Choice Automotive Group, Inc. operates a network of used and new car
stores in the Southeastern United States.  The Company underwrites, finances
and services retail installment contracts generated from the sale of used cars
by its stores.  Its Eckler's subsidiary is one of the world's largest
aftermarket suppliers of Corvette parts and accessories.  The Company also
provides training and insurance services to automobile dealerships throughout
the United States.
    Smart Choice Automotive Group, Inc., is headquartered in Titusville,
Florida and its common stock trades on the Nasdaq SmallCap Market under the
symbol "SMCH."

    This press release includes statements than may constitute "forward-
looking" statements usually containing the words "believe," "estimate,"
"project," "expect" or similar expressions.  These statements are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995.  Forward-looking statements inherently involve risks and
uncertainties that could cause actual results to differ materially from the
forward-looking statements.  Factors that would cause or contribute to such
differences include but are not limited to, continued acceptance of the
Company's products in the marketplace, competitive factors, receivables
portfolio risks, dependence upon third-party vendors and other risks detailed
in the Company's S-3 and other periodic report filings with the Securities and
Exchange Commission.  By making these forward-looking statements the Company
undertakes no obligation to update these statements for revisions or changes
after the date of this release.

    For further information, please contact
    Joseph Mohr, Chief Financial Officer at (407) 269-0834