ATLANTA — CAR Financial Services opened a new office in St.
Louis, marking its 17th domestic office plus two international locations.

CAR president Rick Potter highlighted expansion plans are in
full gear and more offices are set to open later this year and early in 2014.

"We are expanding into territories that have historically
been high performers in the buy here-pay here marketplace," Potter said. "This
opening and those coming soon will bring our local point of presence, financial
expertise and genuine customer service that will make an immediate impact for
the dealer base in these areas.  We are
excited about our domestic and international expansion plans."

Bob Coon, a veteran of the financial services industry, will
manage the office. Coon joined CAR two years ago following a long career with
Wells Fargo Financial.

The office is located at 9717 Landmark Parkway along the
I-270 St. Louis beltway.

"Bob brings a great skill set and a can-do attitude to the
dealers in his market and we were lucky to be able to bring him on board,"
Potter said. "He is a go-getter in every sense and he is excited to be able to
serve the buy-here, pay-here dealer community in the St. Louis and surrounding
markets."

Potter reiterated CAR has a proven track record of more than
20 years in the auto finance industry.

"We can help you survive difficult economic times by
customizing a purchase/service program that meets your needs while providing
quality service through a single point of contact that is located near your
dealership," Potter said. "We strive to understand your day-to-day business so
that we can structure a program designed to meet your long term goals and
objectives.

"Whether floorplans to fund your BHPH operation, purchasing
a stream of payments, purchasing all or part of your accounts outright either
in bulk or at point of sale, or simply servicing your BHPH portfolio, the
trusted professionals at CAR Financial are interested in working with you to
meet your dealership needs," he went on to say.

For more details, go online to www.carfinancial.com or call (877)
570-8857.

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