The Car and Truck Fleet and Leasing Management Magazine

U-Save Acquires Preferred Rent-A-Car

November 13, 2001

CLEARWATER, Fla. -- U-Save Auto Rental of America, based in Jackson, Miss., has acquired the 13-location Preferred Rent-A-Car chain in Florida.

The former Preferred Rent-A-Car branches and two car sales locations are now the first company-owned locations in the U-Save system. They will continue to be run by Michael and Maria Kastrenakes, who have operated the Preferred Rent-A-Car chain for the past 11 years. The business was launched by Michael Kastrenakes' father.

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Founded in 1924 by Steward Holman, Joe’s father, Holman Enterprises currently has 15 dealerships located in South New Jersey and Florida, one remanufacturing operation, one body installation company, and ARI Inc. — a national leasing company with more than 17 locations in the U.S. and Canada.

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