SANFORD, Fla. -

Along with bringing aboard a leading franchised dealer of certified pre-owned vehicles, Payless Car Sales revealed this week it plans to roll out its own CPO program during the fourth quarter of this year.

Recognizing the customer value of CPO program, Payless Car Sales stated it is introducing its own — Payless Assurance Certified Pre-Owned. Payless Assurance will include a comprehensive limited warranty, vehicle inspection and reconditioning, AutoCheck vehicle history report, roadside assistance, rental reimbursement and travel protection.

To help roll out this new CPO program, Payless Car Sales and Payless Car Rental revealed this week the company signed an area development agreement with Bob Dance Imports to open and operate five Payless stores in the Orlando, Fla., metropolitan area.

Officials explained each store will offer both used-vehicle sales and daily rental services to the public under the same roof with the first store opening in Sanford, Fla.

Bob Dance Imports is a 40-year-old family-owned business that owns and operates Hyundai and Kia franchises in central Florida.

In 2010, Payless pointed out Dance was ranked the No. 1 retailer of certified pre-owned Hyundai and Kia vehicles in the United States.

“Dance’s distinguished track record in this important customer offering prompted the selection of the Sanford location to be the first to offer the product before its launch nationwide,” Payless officials declared.

Scott Dance, the franchise owner and operating principal, acknowledged that he is “excited to be the first dealer in the U.S. to bring the value and convenience of a combined Payless Car Sales and Payless Car Rental store to our present and future customers here in the Orlando area.

“I expect to open our car sales operations Oct. 1 and car rental soon thereafter to serve our customer’s needs for purchasing quality used cars as well as providing daily rental vehicles when their vehicles are in our service centers or body shops,” Dance added.