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Used Auto Sales

Privately held used car dealership in southeast Kansas City that has been proudly serving the metropolitan area for over 13 years. The company continually offers reliable, high quality vehicles to its customers at competitive prices with no hassles. The company has a long history of customer satisfaction and reputation, 90% of customers are repeat customers or referrals.

Company offers a unique opportunity to invest in a sound business completely secured by a $1.6+ million dollar consumer loan receivable from Credit Acceptance Corporation (NASDAQ: CACC). Credit Acceptance Corp generates over $300 million dollars in annual sales and has been in business since 1972 and specializes in providing auto loans to consumers throughout the nation, regardless of their credit history. Auto dealers who participate in the financing programs assign the responsibilities for administering, servicing, and collecting the amounts due on Consumer Loans from the dealer to Credit Acceptance Corp. In return, auto dealers share in the profits from not only the sale of the vehicle, but also from its financing. The company, as dealer-partner with Credit Acceptance Corp, is expected to begin receiving payment on it’s receivable in fall of 2009, so any investor can expect to see an immediate return on his/her investment.