OAG Indirect, one of the nation's leading auto finance companies, announced Jan. 5 that it has agreed to partner with Payless Car Sales to provide custom retail financing services to Payless dealers in 48 states. This agreement will provide custom finance options to Payless dealers across the country and drive quality auto finance business to OAG Indirect.
Payless Car Sales, a subsidiary of Avalon Global Group Inc., and a sister company to Payless Car Rental System Inc., launched a new franchise program for dealers in 2001, allowing them to leverage the national Payless brand image with any pre-existing identity in their local markets. The franchise program includes an assortment of features and benefits for dealers, including Retail Finance Sources, Brand Identity and Image, Floor Plan Finance Sources, Advertising & Promotion Assistance, Training and Support, Vehicle Supply and Systems & Services. OAG Indirect began rolling out its program to Payless dealers in the week of Jan. 5.
Dealers that acquire a Payless Car Sales franchise now have a quick and easy program that creates an improved financing process for their customers and generates all necessary paperwork.
"This national alliance between OAG Indirect and Payless Car Sales comes at a time when retail finance sources are difficult to obtain for used car dealers and their customers. OAG has customized an exclusive program for Payless dealers that will enable them to finance more vehicles for all types of customers. OAG Indirect will be a full spectrum lender for Payless dealers with attractive rates at all levels. The alliance just makes good sense for everyone – OAG Indirect, Payless dealers and especially their customers," said Phil Morgan, master developer for Payless Car Sales.