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Triad Financial Signs National Agreement With Payless Car Sales

by Staff
June 4, 2002
3 min to read


Triad Financial

Corporation, a non-prime auto finance company, announced June 4 that they have signed a national alliance agreement with

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Payless Car Sales. This agreement will provide more financing options to

Payless car dealers and drive additional auto finance business to Triad

Financial, according to the company.



Payless Car Sales, a subsidiary of Avalon Global Group, Inc.

and a sister company to Payless Car Rental System, Inc., claim to have created a franchise

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program for their independent dealers, allowing them to leverage the

national Payless brand image. Triad says it will do business with

the dealers under the Payless Car Sales name so that the dealer sign up

process will be streamlined. Triad has already begun signing up Payless Car

Sales dealers and hopes to sign up many more as the program grows.

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"We are thrilled that Payless Car Sales and Triad have

entered into a national alliance. We constantly look for solutions to help

our Payless dealers succeed, and with Triad's help we can provide the

products and services our dealers want and need," said Keith Wiesman, vice

president-Operations of Dealer Diversified, franchise area developer for

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Payless Car Sales.



"Triad Financial is proud to be associated with Payless, one

of the top 10 car rental brands in the world," said Jon Samsel,

vice-president of marketing at Triad. "At Triad Financial, our goal is to

simplify the car buying experience for both our dealers and their consumers

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through innovative product offerings and distinctive customer care. This

relationship represents Triad's commitment to forming meaningful national

dealer alliance partnerships."



According to the companies, the relationship between Triad and Payless Car Sales was

created to give independent dealers and their customers more business

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solutions. Independent dealers under the Payless name now have a sign-up process that they say creates an improved financing process for their

customers.


"We are happy that Payless Car Sales and Triad Financial

have entered into a national alliance. Our customers are very important to

us, and with the help of Triad, we are now able to deliver faster service to

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them," Mike Walters, general sales manager of Payless Car Sales in Brandon,

Florida.



About Payless Car Sales


Payless Car Sales is a wholly owned subsidiary company of

Avalon Global Group, Inc. and a sister company to Payless Car Rental System,

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Inc, a Florida corporation that operates over one hundred automobile rental

locations in over fifteen countries. Formed in the early 1990's, Payless Car

Sales was created to assist Payless Car Rental locations with the

disbursement of fleet vehicles.



About Triad Financial

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Triad Financial is a non-prime auto finance

company focusing on new and late model used automobile

purchases through a national network of 7,500 dealers in 32 states. Triad claims to offer automobile dealers the opportunity to

close sales for a broad range of loan candidates. Triad is headquartered in Southern California and maintains

three regional centers in Huntington Beach, California, Ft. Worth, Texas and

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Ft. Lauderdale, Florida. Triad Financial is a wholly owned subsidiary of

Ford Credit. For more information visit www.triadfinancial.com.


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