ST. PETERSBURG, Fla. -– Payless Car Sales Inc., a sister company of Payless Car Rental, has appointed James Formanek vice president of the Florida division. He will develop franchise agreements with independent used car dealers throughout Florida.

Formanek previously served as owner and president of the Louisville Motorsports LLC used car dealerships. As a former executive with Huber's Inc. and Triangle Automotive Group Inc., Formanek operated several Budget Car Sales and independent used car dealerships.

Outside of Florida, Dealer Diversified of Tulsa, Okla., is the company's exclusive franchise developer.

More than 60 Payless Car Sales franchises have been sold in 12 states. Payless Car Sales recently opened new locations in Ft. Lauderdale, Port St. Lucie and Miami, Fla.; Pryor, Okla.; and Houston, Texas.