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BASIC MATERIALS SECTOR ALERT!




OTCBB: MNCS
RECENT PRICE: $2.75



PUTTING GOOD PEOPLE IN GOOD CARS


THE "BUY-HERE PAY-HERE" STRATEGY







Why "Buy-Here Pay-Here"
Auto Business?


The "Buy-Here Pay-Here" auto business is a $50 billion business that sells pre-owned cars to sub-prime buyers at high margins and high rates. These dealers typically utilize banks, insurance companies, credit unions, or other regulated lenders to provide revolving credit. Most of the time the lenders are regulated and local in nature with a focus on net worth often outside of the portfolio.


After satisfying the lenders, the dealers may often experience financing restraints emanating from the regulators. Consequently, many dealers spend more time holding financing together than on building and managing the operating business.

Those that are able to obtain expansion funding may do so at their peril, with lenders imposing stricter criteria that undermines liquidity and uses existing portfolio equity to subsidize additional growth. The Manchester model addresses these issues, welcomes expansion, eliminates personal guarantees, provides liquidity, and moves financing from Main Street to Wall Street.


Click here, to read more about the Industry





Company Profile


Manchester, Inc. (OTCBB: MNCS) headquartered in Dallas, Texas, seeks to create the preeminent company in the "Buy-Here/Pay Here" auto business; selling and financing used vehicles to credit impaired borrowers. The company intends to sell acquired and newly generated receivable portfolios through a securitization process. On October 6, 2006, Manchester acquired Nice Cars, Inc. and Nice Cars Acceptance Corp. Nice Cars, Inc., headquartered in Chattanooga, Tennessee, operates six automotive sales lots that focus exclusively on the Buy-Here/Pay-Here segment of the used car market.


"We are committed to providing our customers with quality vehicles, flexible financing arrangements and personal service."

Buy- Here/Pay-Here dealerships sell and finance used cars to individuals with limited credit histories or past credit problems. Nice Cars Acceptance is a financial services affiliate of Nice Cars, Inc. that purchases the retail sales contracts of Nice Cars, Inc. and assumes all rights and responsibilities with respect to sales contracts with varying terms, generally ranging from 24- 48 months.


To read more about the Company, visit their website www.manchesterinc.net




Investment Highlights
Investor News


January 8, 2007
MANCHESTER INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Dispositi

January 4, 2007
Manchester, Inc. Acquires F.S. English Dealership & GNAC Credit Acceptance

November 29, 2006
Manchester Inc. Receives Strong Upgrade by Respected Research Firm Bridge IR Group Inc.

November 20, 2006
SmallCap Sentinel: The Buy Here/Pay Here Strategy

November 17, 2006
Manchester, Inc. Signs Binding Term Sheet to Acquire Americars of San Antonio, Texas

READ MORE NEWS





m Manchester, Inc. has recently received a credit commitment of $300 million to fund its roll up strategy to acquire Buy-Here/Pay-Here auto dealerships nationwide.
m $75 million of that commitment has already been used by Manchester, Inc. to acquire and expand Nice Cars, Inc., a Buy-Here/Pay-Here car sales company and Nice Cars Capital Acceptance Corporation, an affiliate credit acceptance company.
m The most recently filed Form 8-K from Manchester, Inc. contains audited financials of Nice Cars and Nice Cars Capital Acceptance Corporation, which have become a wholly-owned subsidiaries, reflecting vehicle sales in 2005 of about $76 million (up 32.75% from 2004) and Earnings of $6.3 million (up 74.29% from 2004). Estimates for Nice Cars and Nice Cars Capital Acceptance Corporation 2006 full year vehicle revenue come in over $100 million if the last three months match September revenues.
m Manchester, Inc. announced it expects to utilize the remainder of the $300 million credit commitment to execute similar acquisitions that will complement this Nice Cars strategy.
m Beyond the simple model of attaining financing, identifying acquisitions, and operating the business, Manchester, Inc. announced it has advanced opportunities already clearly defined that will springboard net income by compiling interest income on top of the vehicle sales revenue.

m Similar to the method used by Ginnie Mae in packaging Mortgage Backed Securities (MBS) for sale to the street, Manchester intends to package and sell and use a portion of the proceeds to pay off acquisition loans and revolve the $300 million credit commitment repeatedly.





Market Information


January 26, 2007
Stock Symbol MNCS
Previous Close $2.75
52 Week High $8.60
52 Week Low $1.60
Average Daily Volume
(3-Month) 168,998
Float 19.73 million
Outstanding Shares 32.79 million
Market Capitalization $90.16 million




Why Manchester, Inc.?

Manchester Inc. provides a significant value proposition to Sellers, including:
m Escape personal guarantees
m Liquidity
m Ability to compete with financing products of competitors
m Ability to expand production from existing facilities
m Participation in growth through stock ownership with no direct exposure to securities matters

m Corporate management and financing matters will no longer be an operating issue
m Ability to utilize higher margin, lower payment products resulting from a securitized product
m Capital gains treatment on the sale of their businesses
m Continued operational security through employment agreements





Manchester Inc.
100 Crescent Court
7th Floor
Dallas, TX 75201
USA

Richard Gaines
Corporate Secretary
Tel: [phone]
Investor Relations
Scott Eckstein
Financial Relations Board
1212 Avenue of the Americas
New York, NY 10036
Tel: [phone]
Fax: [phone]
[e-mail]