Document:

Exhibit 10.10

                            EQUIPMENT LEASE AGREEMENT

      THIS EQUIPMENT LEASE AGREEMENT (the "Lease") dated as of March 30, 2007,
is entered into by and between ELITE AUTOMOTIVE GROUP, LLC (the "Lessor"),
having its mailing address 12800 SW 58th Street, Mustang, OK 73064, and MIDNIGHT
AUTO FRANCHISE CORP., a Michigan corporation (the "Lessee"), having a place of
business at 1121 RAMBLING OAKS DRIVE, NORMAN, OK 73072 and its mailing address
at 22600 Hall Road, Suite 205, Clinton Township, Michigan 48036. MIDNIGHT
HOLDINGS GROUP, INC., ALL NIGHT AUTO OF NORMAN, INC., ALL NIGHT AUTO OF
OKLAHOMA, INC. AND ALL NIGHT AUTO STORES, INC. have joined in this Lease as
joint and several Guarantors (collectively, the "Guarantors").

      WHEREAS, All Night Auto of Oklahoma, Inc., the Lessor, and others are
concurrently entering into that Asset Purchase Agreement (the "Asset Purchase
Agreement"); and

      WHEREAS, Lessor has an outstanding SBA Loan agreement with Bank of
Oklahoma, N.A., loan number 66428020001 (Norman), (the "SBA Loan"), the terms of
which will determine the amount of monthly payments due under this Lease.

      NOW, THEREFORE, in consideration of the mutual promises, covenants and
agreement herein contained, the receipt and sufficiency of which is hereby
acknowledged, the Lessor and the Lessee hereby agree as follows:

      1. LEASE; TERM; RENTAL. The Lessor hereby Leases to the Lessee and the
Lessee hereby rents from the Lessor the equipment described in Exhibit A
(hereinafter, with all replacement parts, repairs, additions and accessories
incorporated therein and/or affixed thereto, referred to as the "Equipment"), on
terms and conditions set forth in this Lease and the Exhibits attached hereto;
for the term indicated above, commencing on March 30, 2007 (the "Commencement
Date") and continuing thereafter until July 3, 2009 (Norman), unless earlier
terminated as provided for in this Lease. The first monthly payments of $[*]
(Norman) shall be payable on the date of this Agreement and shall continue on
the corresponding day of each month thereafter, in the amount stated above,
until the total rent (as determined in accordance with the SBA Loan) and all
other obligations of the Lessee have been paid in full. All payments of rent
shall be made to the Lessor at its address, or at the option of Lessee at any
time hereafter, may be made by payment directly to the Bank of Oklahoma, N.A.
for application to amounts outstanding under the SBA Loan. If at anytime during
the term of this Lease the Lessor's monthly payment under SBA Loan is increased
(or decreases) due to an increase (or decrease) in the applicable interest rate,
the monthly payment hereunder shall increase (or decrease) correspondingly upon
fifteen (15) days written notice by the Lessor to the Lessee. THIS IS A
NON-CANCELABLE LEASE FOR THE TERM INDICATED ABOVE.

      2. PURCHASE AND ACCEPTANCE; NO WARRANTIES. THE LESSEE REPRESENTS THAT THE
LESSEE HAS SELECTED THE EQUIPMENT LEASED HEREUNDER AND LESSEE AGREES THAT,
EXCEPT AS SET FORTH IN THE ASSET PURCHASE AGREEMENT, THE LESSOR HAS NOT MADE AND
MAKES NO

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REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE, DIRECTLY OR
INDIRECTLY, EXPRESSED OR IMPLIED, AS TO ANY MATTER WHATSOEVER, INCLUDING THE
SUITABILITY OF SUCH EQUIPMENT FOR ANY PURPOSE, ITS DURABILITY, ITS FITNESS FOR
ANY PARTICULAR PURPOSE, ITS MERCHANTABILITY, ITS CONDITION, AND/OR ITS QUALITY
AND AS BETWEEN LESSEE AND LESSOR, AND ANY ASSIGNEES, LESSEE LEASES THE EQUIPMENT
"AS IS." LESSOR AND LESSOR'S ASSIGNEE SHALL NOT BE LIABLE TO LESSEE FOR ANY
LOSS, DAMAGE OR EXPENSE OF ANY KIND OR NATURE CAUSED DIRECTLY OR INDIRECTLY BY
ANY EQUIPMENT LEASED HEREUNDER OR THE USE, MAINTENANCE, FAILURE OF OPERATION,
REPAIRS, SERVICE ADJUSTMENTS, OR ANY DELAY OR FAILURE OF OR TO THE EQUIPMENT, OR
BY ANY INTERRUPTION OF SERVICE OR LOSS OF USE OF THE EQUIPMENT, OR THE USE OF
THE EQUIPMENT IN VIOLATION OF THE RIGHTS OF ANY PARTY WHOMSOEVER, OR FOR ANY
LOSS OF BUSINESS OR DAMAGE WHATSOEVER AND HOWSOEVER CAUSED. LESSOR AND LESSOR'S
ASSIGNS DISCLAIM AND SHALL NOT BE RESPONSIBLE FOR ANY LOSS, DAMAGE OR INJURY TO
PERSONS OR PROPERTY CAUSED BY THE EQUIPMENT WHETHER ARISING THROUGH ANY
INTENTIONAL ACT OF LESSOR, THE NEGLIGENCE OF THE LESSOR, OR IMPOSED BY LAW.

      3. TITLE. Lessor represents and warrants to Lessee that Lessor owns the
Equipment free and clear of all liens, claims or encumbrances, except for a lien
securing the SBA Loan. Lessor covenants with Lessee that, so long as Lessee
performs all of its obligations under this Lease Agreement, Lessor shall perform
all of its obligations as borrower under the SBA Loan. The Lessor shall at all
times retain title to the Equipment. The Lessee shall not change or remove any
insignia or lettering which is on the Equipment at the time of delivery thereof,
or which is thereafter placed thereon, indicating the Lessor's ownership
thereof; and at any time during the Lease term, upon request of the Lessor, the
Lessee shall affix to the Equipment in prominent place, labels, plates or other
markings supplied by the the Lessor stating that the Equipment is owned by the
Lessor. The Lessor is hereby authorized by the Lessee, at the Lessee's expense,
to cause this Lease, or any statement or other instrument in respect of this
Lease showing the interest of the Lessor in the Equipment, including Uniform
Commercial Code Financing Statements, to be filed or recredited and refiled and
re-recorded. The Lessee agrees to execute and deliver any statement or
instrument requested by the Lessor for such purpose, and agrees to pay or
reimburse the Lessor for any filing, recording or stamp fees or taxes arising
from the filing or recording of any such instrument or statement. The Lessee
shall, at its expense, protect and defend the Lessor's title at all times
keeping the Equipment free from all liens and claims whatsoever except for those
created by or arising through the Lessor, and shall give the Lessor immediate
written notice thereof and shall indemnity the Lessor from any loss caused
thereby. The Lessee shall execute and deliver to the Lessor, upon the Lessor's
request, such further instruments and assurances as the Lessor deems necessary
or advisable for the confirmation or perfection of the Lessor's rights hereunder
and the Lessee authorizes the Lessor to file any such instrument, including, but
not limited to, any Uniform Commercial Code Financing Statement(s), without the
Lessee's signature and, if the signature of the Lessee is required thereon, the
Lessee irrevocably appoints the Lessor as the Lessee's attorney-in-fact to

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execute and file any such statement or other instrument in the name and on
behalf of the Lessee. Except for the Purchase Option attached as Exhibit B, the
Lessee shall have no right to purchase or otherwise acquire title to or
ownership of the Equipment. Without modifying or limiting the foregoing, or
derogating from the intention of the parties that the transactions herein shall
constitute a Lease and not a financing of the Equipment by the Lessor, if any
court of competent jurisdiction shall hold that the transactions contemplated
herein do constitute a financing and not a Lease of the Equipment by the Lessor,
then the Lessor has a first lien security interest in the Equipment as of the
date hereof to secure the obligations of the Lessee, its successors and assigns,
hereunder and the Lessor shall have all rights and remedies of a secured party
under the Uniform Commercial Code as adopted in Oklahoma and any other
applicable jurisdiction.

      4. CARE AND USE OF EQUIPMENT. The Lessee shall maintain the Equipment in
good operating condition, repair and appearance, and protect the same from
deterioration, other than normal wear and tear; shall use the Equipment in the
regular course of business only, within its normal capacity, without abuse and
in a manner contemplated by the Vendor, shall comply with the laws, ordinances,
regulations, requirements and rules with respect to the use, maintenance and
other operation of the Equipment, shall not make any modification, alteration,
or addition to the Equipment (other than normal operating accessories or
controls which shall, when added to the Equipment, become the property of the
Lessor) without the prior written consent of the Lessor, which shall not be
unreasonably withheld, shall not so affix the Equipment to realty as to change
its nature to real property or fixture, and agrees that the Equipment shall
remain personal property at all times regardless of how attached or installed;
shall keep the Equipment at the location shown above, and shall not remove the
Equipment without the consent of the Lessor, which shall not be unreasonably
withheld. The Lessor shall have the right during normal hours, upon reasonable
prior notice to the Lessee and subject to applicable laws and regulations, to
enter upon the premises where the Equipment is located in order to inspect,
observe or remove the Equipment, or otherwise protect the Lessor's interest. The
Lessee specifically acknowledges that the Equipment is Leased to the Lessee
solely for commercial or business purposes and not for personal, family or
household purposes.

      5. NET LEASE: TAXES. The Lessee intends the rental payments hereunder to
be net to the Lessor, and the Lessee shall pay all sales, excise, personal
property, stamp, documentary, ad valorem and other taxes, license and
registration fees, assessments, fines, penalties and other charges imposed on
the ownership, possession or use of the Equipment during the term of this Lease;
shall pay all taxes (except federal and State net income taxes imposed on the
Lessor) with respect to this Lease and the rental payments hereunder, and shall
reimburse the Lessor upon demand for any taxes paid by or advanced by the
Lessor. An administration fee will be charged by the Lessor or Lessor's assigns
for the filing of personal property taxes. The Lessee shall file all returns
required by law or by the Lessor and furnish copies to the Lessor.

      6. INDEMNITY. The Lessee shall and does hereby agree to indemnify and save
the Lessor, its agents, servants, successors, and assigns harmless against and
from any and all liability, damages, or loss, including reasonable counsel fees,
arising out of the ownership, selection, possession, leasing, renting, operation
(regardless of where, how and by whom

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operated), control, use, condition (including but not limited to latent and
other defects, whether or not discoverable by the Lessee), maintenance, delivery
and return of the Equipment or arising out of the Lessor's late or nonpayment of
any amounts owed by Lessor to Bank of Oklahoma, N.A. under the SBA Loan
Agreement that is caused by Lessee's late or nonpayment of any amounts owed by
Lessee to Lessor under this Lease. The indemnities and obligations herein
provided shall continue in full force and effect notwithstanding termination of
this Lease.

      7. INSURANCE. The Lessee shall keep the Equipment insured against all
risks of loss or damage from every cause whatsoever, in amounts determined by
the Lessor. The amount of such insurance shall be sufficient so that neither the
Lessor nor the Lessee will be considered a co-insurer. The Lessee also shall
carry public liability insurance, personal injury and property damage, covering
the Equipment. All such insurance shall provide that losses, if any, shall be
payable to the Lessor, and all such liability insurance shall include the Lessor
as named insured and require that the insurer give the Lessor at least ten (10)
days written notice prior to cancellation thereof. The Lessee shall pay the
premiums for such insurance and deliver to the Lessor satisfactory evidence of
the insurance coverage required hereunder. The proceeds of such insurance
payable as a result of loss or damage to any item of the Equipment shall be
applied to satisfy the Lessee's obligations as set forth in Paragraph 10 below.
The Lessee hereby irrevocably appoints the Lessor as the Lessee's
attorney-in-fact to make claim for, receive payment of and execute and endorse
all documents, checks or drafts received in payment for loss or damage under any
such insurance policy.

      8. RISK OF LOSS. The Lessee hereby assumes the entire risk of loss, damage
or destruction of the Equipment from any and every cause whatsoever during the
term of this Lease and thereafter until redelivery to the Lessor. In the event
of loss, damage or destruction of any item of Equipment, the Lessee at its
expense (except to the extent of any proceeds for insurance provided by the
Lessee) shall either (a) repair such item, returning it to its previous
condition, unless damaged beyond repair, or (b) pay the Lessor all unpaid
rental, or (c) replace such item with a like item acceptable to the Lessor,
which shall be included within the term "Equipment" as used herein, and Lease
from the Lessor herewith for the balance of the full term of this Lease.

      9. PERFORMANCE BY LESSOR OF LESSEE'S OBLIGATION. In the event the Lessee
fails to comply with any provision of this Lease, the Lessor shall have the
right, but shall not be obligated, to effect such compliance on behalf of the
Lessee upon ten (10) Business Days prior written notice to the Lessee. In such
event, all monies expended by and all expenses of the Lessor in effecting such
compliance shall be deemed to be additional rental, and shall be paid by the
Lessee at the time of the next monthly payment of rent.

      10. DEFAULT. If any one of the following events (each an "event of
default") shall occur, then to the extent permitted by applicable law, the
Lessor shall have the right to exercise any one or more of the remedies set
forth in Paragraph 13 below:

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          (a) the Lessee fails to pay any rental or any other payment
          hereunder when due, and such failure continues for fifteen
          (15) Business Days;

          (b) the Lessee or any Guarantor becomes insolvent or makes
          an assignment for the benefit of creditors;

          (c) a receiver, trustee, conservator or liquidator of the
          Lessee or any Guarantor of all or a substantial part of its
          assets is appointed with or without the application of
          consent of the Lessee or such guarantor;

          (d) a petition is filed by or against the Lessee or any
          Guarantor under the Bankruptcy Code or any amendment
          thereto, or under any other insolvency law or laws providing
          for the relief of debtor;

          (e) the Lessee fails to pay when due any obligation to the
          Lessor arising independently of this Lease and such failure
          continues for fifteen (15) Business Days;

          (f) the Lessee breaches any other covenant, warranty or
          agreement hereunder, and such breach continues for fifteen
          (15) Business Days after written notice thereof; or

          (g) The breach by the Lessee, the Guarantors, or any of
          their subsidiaries, affiliates, successors or assigns of any
          provision contained in the Asset Purchase Agreement or the
          Additional Agreements, except for the Employment Agreement
          (as those terms are defined in the Asset Purchase Agreement
          entered into contemporaneously with this Lease by and among
          Lessor, Lessee, Guarantors and others) which breach is not
          cured within fifteen (15) Business Days of written notice by
          the Lessor.

      11. REMEDIES. If an event of default shall occur as described in
sub-paragraphs (a) through (g) in Paragraph 10, the Lessor may, at its option,
at any time (a) declare the entire amount of unpaid rental for the balance of
the term of this Lease immediately due and payable (which amount shall be equal
to the SBA Loan's payoff balance), whereupon the Lessee shall become obligated
to pay the Lessor forthwith such amount and (b) without demand or legal process
enter into the premises where the Equipment may be found and take possession of
and remove the Equipment, without liability for such retaking. the Lessor may
sell or otherwise dispose of any such Equipment at a private or public sale. In
the event the Lessor takes possession of the Equipment, the Lessor shall give
the Lessee credit for any sums received by the Lessor from the sale or rental of
the Equipment after deduction of the expenses of sale or rental. The Lessee
shall also be liable for and shall pay to the Lessor (a) all expenses incurred
by the

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Lessor in connection with the enforcement of any of the Lessor's remedies,
including all collection expenses, all expenses of repossessing, storing,
shipping, repairing and selling the Equipment, and (b) reasonable attorney's
fees and court costs. The Lessor and the Lessee acknowledge the difficulty in
establishing a value for the unexpired Lease term and owing to such difficulty
agree that the provisions of this paragraph represent an agreed measure of
damages and are not to be deemed a forfeiture or penalty. All remedies of the
Lessor hereunder are cumulative, are in addition to any other remedies provided
for by law, and may, to the extent permitted by law, be exercised concurrently
or separately. The exercise of any one remedy shall not be deemed to be an
election of such remedy or to preclude the exercise of any other remedy. No
failure on the part of the Lessor to exercise and no delay in exercising any
right to remedy shall operate as a waiver thereof or modify the terms of this
Lease.

      12. LATE CHARGES. Whenever any payment is not made by the the Lessee in
full when due hereunder, the Lessee agrees to pay to the Lessor, not later than
fifteen (15) Business Days thereafter, an amount equal to ten percent (10%) of
the full scheduled payment, but only to the extent allowed by law. Such amount
shall be payable in addition to all amounts payable by the Lessee as a result of
Lessor's exercise of any of Lessor's remedies herein provided.

      13. ASSIGNMENT. LESSOR MAY, WITHOUT LESSEE'S CONSENT, ASSIGN OR TRANSFER
THIS LEASE OR ANY EQUIPMENT, RENT OR OTHER SUMS DUE OR TO BECOME DUE HEREUNDER,
AND IN SUCH EVENT LESSOR'S ASSIGNEE OR TRANSFEREE SHALL HAVE THE RIGHTS, POWERS,
PRIVILEGES AND REMEDIES OF LESSOR HEREUNDER. LESSEE SHALL NOT ASSIGN THIS LEASE
OR THE EQUIPMENT OR ANY INTEREST HEREUNDER, EXCEPT THAT LESSEE MAY ASSIGN OR
SUBLEASE THIS LEASE TO ANY OF ITS AFFILIATES, FRANCHISEES OR JOINT VENTURE
PARTNERS UPON FIFTEEN (15) DAYS WRITTEN NOTICE TO LESSOR; PROVIDED, HOWEVER, IN
ANY EVENT LESSEE AND GUARANTORS SHALL NOT BE RELEASED FROM ANY OF THEIR
OBLIGATIONS UNDER THIS LEASE BY REASON OF ANY SUCH ASSIGNMENT, TRANSFER OR
SUBLETTING.

      NOTWITHSTANDING THE FOREGOING, IN THE EVENT (i) LESSEE ASSIGNS THIS LEASE
IN CONNECTION WITH A MERGER, CONSOLIDATION OR SALE OF SUBSTANTIALLY ALL THE
ASSETS OF LESSEE AND (ii) THE ASSIGNEE ASSUMES ALL OF THE OBLIGATIONS TO BE
PERFORMED BY LESSEE UNDER THIS LEASE, AND, (iii) IF REQUIRED BY LESSOR, IN ITS
REASONABLE DISCRETION, THE GUARANTORS ARE REPLACED WITH GUARANTORS ACCEPTABLE TO
LESSOR, THEN LESSEE AND GUARANTORS SHALL BE RELEASED AND FOREVER DISCHARGED FROM
PERFORMING THEIR OBLIGATIONS UNDER THIS LEASE ACCRUING SUBSEQUENT TO THE
EFFECTIVE DATE OF SUCH ASSIGNMENT.

      14. RETURN OF PROPERTY. Upon the termination or expiration of this Lease,
or any extension thereof, the Lessee shall forthwith deliver, freight prepaid,
the Equipment to the Lessor, at an address designated by the Lessor, complete
and in good order and condition, reasonable wear and tear alone excepted. The
Lessee shall also pay to the Lessor such sum as may be necessary to cover
replacement for all damaged, broken or missing parts of the

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Equipment to the Lessor. If the Equipment is not returned at the expiration of
this Lease, the Equipment shall continue to be held and Leased hereunder, and
this Lease shall thereupon be extended indefinitely as to the term at the same
monthly rental, subject to the right of either the Lessee or the Lessor to
terminate this Lease upon thirty (30) days written notice, whereupon the Lessee
shall forthwith deliver the Equipment to the Lessor as set forth in this
Paragraph.

      15. EFFECTIVE DATE. This Lease shall become valid when executed and
accepted by the Lessor and notice of the Lessor's acceptance of the Lease being
hereby waived by the Lessee.

      16. SURVIVAL OF GUARANTY OBLIGATIONS. All obligations of any Guarantor
shall remain enforceable notwithstanding that this Lease, or any obligations
performed or to be performed hereunder, may be void or voidable as against the
Lessee or any of the Lessee's creditors, including but not limited to, a trustee
in bankruptcy, by reason of any fact or circumstance.

      17. MISCELLANEOUS. This Lease contains the entire agreement between the
parties and may not be altered, amended, modified, terminated or otherwise
changed except by a writing signed by an executive officer of the Lessor or the
Lessor's assignee. The Lessor and the Lessee intend this to be a valid and
subsisting legal document, and agree that no provision of this Lease which may
be deemed unenforceable shall in any way invalidate any other provision or
provisions of this Lease, all of which shall remain in full force and effect.
Any notice intended to be served hereunder shall be deemed sufficiently sent if
sent by regular mail, postage prepaid, addressed to the party at the addresses
contained hereon. This Lease shall be binding upon the parties, their
successors, legal representatives and assigns.

      18. CONSENT TO JURISDICTION. Each party to this Lease and each Guarantor
hereby submits to the jurisdiction of any Oklahoma State or Federal court
sitting in Oklahoma over any suit, action or proceeding arising out of or
relating to this Lease or guaranty. Each party to this Lease and each Guarantor
hereby irrevocably waives, to the fullest extent permitted or not prohibited by
law, any objection it may now or hereafter have to the laying of the venue of
any such suit, action or proceeding brought in such a court and any claim that
any such suit, action or proceeding brought in such a court has been brought in
an inconvenient forum.

      19. BUSINESS DAY. A "Business Day" shall mean any day when national banks
are open for business, excluding a Saturday, Sunday or a public holiday under
the laws of the State of Oklahoma.

      20. GUARANTY. To induce the Lessor to enter into this Lease, the
undersigned Guarantors, jointly, severally and unconditionally, hereby guarantee
to the Lessor the prompt performance, when due, of all the Lessee's obligations
to the Lessor under this Lease. The Lessor shall not be required to proceed
against the Lessee or the Equipment or enforce any other remedy before
proceeding against the Guarantors. The Guarantors agree to pay all reasonable
attorneys' fees and other expenses incurred by the Lessor by reason of default
by the Lessee or

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any of the Guarantors. The Guarantors waive notice of acceptance hereof and of
all other notices or demands of any kind to which the Guarantors may be
entitled. The Guarantors consent to any extensions or modifications of this
Lease and any indulgences granted to the Lessee, including, but not limited to,
the release and/or compromise of any obligations under or any collateral for
this Lease. This is a continuing guaranty and shall bind the Guarantors and the
heirs, administrators, trustees, representatives, successors and assigns of the
Guarantors, and may be enforced by or for the benefit of the Lessor or any
assignee or successor of the Lessor.

      21. LESSEE'S OBLIGATIONS.AND SBA LOAN. NOTWITHSTANDING ANYTHING TO THE
CONTRARY IN THIS EQUIPMENT LEASE, LESSEE'S RENTAL PAYMENT OBLIGATIONS TO LESSOR
SHALL NOT BE ANY GREATER THAN LESSOR'S LOAN PAYMENT OBLIGATIONS TO THE BANK OF
OKLAHOMA, N.A. UNDER THE SBA LOAN.

      [Signature Page to Follow]

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      THIS EQUIPMENT LEASE AGREEMENT is executed as of the date and year first
written above:

LESSOR:                                      LESSEE:

ELITE AUTOMOTIVE GROUP, LLC                  MIDNIGHT AUTO FRANCHISE CORP.,

                                             A Michigan Corporation,

By: __________________________________       By: _______________________________
    Stephen J. Stearman, Sole Manager            Nicholas A. Cocco, President

                                             GUARANTORS:

                                             ALL NIGHT AUTO OF OKLAHOMA, INC.,
                                             A Michigan Corporation

                                             By: _______________________________

                                                  Nicholas A. Cocco
                                                  President

                                             MIDNIGHT HOLDINGS GROUP, INC.,
                                             A Delaware Corporation

                                             By: _______________________________
                                                  Nicholas A. Cocco

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                                                 President, Chairman & CEO

                                             ALL NIGHT AUTO STORES, INC.,
                                             A Michigan Corporation

                                             By: _______________________________
                                                  Nicholas A. Cocco
                                                  President

                                             ALL NIGHT AUTO OF NORMAN, INC.,
                                             A Michigan Corporation,

                                             By: _______________________________
                                                  Nicholas A. Cocco,
                                                  President

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                                    EXHIBIT A

                                 THE "EQUIPMENT"

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                                    EXHIBIT B

                                 PURCHASE OPTION

      Reference is made to Equipment Lease Agreement (the "Lease") dated as of
March 30, 2007, and entered into by and between Elite Automotive Group, LLC (the
"Lessor"), and Midnight Auto Franchise Corporation, a Michigan corporation (the
"Lessee") regarding Norman, Oklahoma equipment. Capitalized terms used herein
but not defined shall have the meaning ascribed to them in the Lease.

      At any time prior to the expiration or termination of the Lease, provided
that Lessee has made all rent payments due under the Lease, , Lessee will have
the option (the "Term Option") to purchase all of the Equipment listed on
Exhibit A for an amount equal to the Lessor's payoff balance (the "Payoff
Balance") under Loan No. 66428020001 entered into by and among Lessor and Bank
of Oklahoma, N.A., having a loan date of July 3, 2002 and a maturity date of
July 3, 2009 (the "SBA Loan"). As of the date of this Option, the Payoff Balance
is $[*]

      The Payoff Balance will be determined as of the thirtieth (30th) day
following Lessor's receipt of Lessee's Option Notice (as defined hereafter) or,
if the thirtieth (30th) day is not a business day for Bank of Oklahoma, N.A.,
then as of the first business day following the thirtieth (30th) day. Should
Lessee choose to exercise this Term Option, it must provide Lessor with a
written notice ("Lessee's Option Notice") of Lessee's intention to exercise the
Term Option. The Lessor shall notify the Lessee of the payoff amount (the
"Payoff Notice") within fifteen (15) days of receipt of Lessee's Option Notice,
and the Lessee shall deliver payment of the Payoff Amount to the Lessor within
fifteen (15) days of receipt of the Payoff Notice. Notwithstanding the
foregoing, if the parties can determine the Payoff Balance prior to such 30th
day following the date of Lessee's exercise of its Term Option, and if Lessee
can pay the Payoff Balance on such date, then the option exercise price shall
equal the Payoff Balance on such earlier date. Failure to pay the Payoff Balance
on the date it is due under this paragraph will render that option exercise by
Lessee void, but such failure alone shall not terminate this option.

      At the expiration or termination of the Lease, the Lessee shall have the
option (the "Expiration Option") to purchase all of the Equipment listed on
Exhibit A of the Lease for $1.00. The Expiration Option shall be deemed to be
automatically exercised by Lessee unless Lessee provides written notice to the
contrary to Lessor. Payment under the Expiration Option must be made by the
Lessee to the Lessor or its assignees within sixty (60) days of the expiration
date of the Lease.

      The Equipment purchased under the Term Option or the Expiration Option
will be purchased by the Lessee "As is" and "Where is" without representation or
warranty by Lessor as to any matter whatsoever other than Lessor's title to the
equipment free and clear of all liens, claims and encumbrances. Upon such
payment, Lessor shall deliver to Lessee a warranty bill of sale for such
equipment free and clear of all liens, claims and encumbrances.

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      This Purchase Option shall be deemed to be part of the Lease, and shall be
governed by the provisions thereof dealing with choice of law, choice of forum,
and jurisdiction.

      Accepted and agreed to on this 30th day of March, 2007:

LESSOR:

                                          ELITE AUTOMOTIVE GROUP, LLC

                                          By: __________________________________
                                               Stephen Stearman, Member

LESSEE:

                                          MIDNIGHT AUTO FRANCHISE CORPORATIOIN

                                          By: __________________________________
                                               Nicholas A. Cocco, President

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Initial __________Exhibit 10.11

                           EQUIPMENT LEASE AGREEMENT

      THIS EQUIPMENT LEASE AGREEMENT (the "Lease") dated as of March 30, 2007,
is entered into by and between ELITE AUTOMOTIVE GROUP, LLC (the "Lessor"),
having its mailing address 12800 SW 58th Street, Mustang, OK 73064, and MIDNIGHT
AUTO FRANCHISE CORP., a Michigan corporation (the "Lessee"), having a place of
business at 539 SOUTH MUSTANG ROAD, YUKON, OK 73099 and its mailing address at
22600 Hall Road, Suite 205, Clinton Township, Michigan 48036. MIDNIGHT HOLDINGS
GROUP, INC., ALL NIGHT AUTO OF YUKON, INC., ALL NIGHT AUTO OF OKLAHOMA, INC. AND
ALL NIGHT AUTO STORES, INC. have joined in this Lease as joint and several
Guarantors (collectively, the "Guarantors").

      WHEREAS, All Night Auto of Oklahoma, Inc., the Lessor, and others are
concurrently entering into that Asset Purchase Agreement (the "Asset Purchase
Agreement"); and

      WHEREAS, Lessor has an outstanding SBA Loan agreement with Bank of
Oklahoma, N.A., loan number 1076887 (Yukon), (the "SBA Loan"), the terms of
which will determine the amount of monthly payments due under this Lease.

      NOW, THEREFORE, in consideration of the mutual promises, covenants and
agreement herein contained, the receipt and sufficiency of which is hereby
acknowledged, the Lessor and the Lessee hereby agree as follows:

      1. LEASE; TERM; RENTAL. The Lessor hereby Leases to the Lessee and the
Lessee hereby rents from the Lessor the equipment described in Exhibit A
(hereinafter, with all replacement parts, repairs, additions and accessories
incorporated therein and/or affixed thereto, referred to as the "Equipment"), on
terms and conditions set forth in this Lease and the Exhibits attached hereto;
for the term indicated above, commencing on March 30, 2007 (the "Commencement
Date") and continuing thereafter until February 15, 2013 (Yukon), unless earlier
terminated as provided for in this Lease. The first monthly payments of $[*]
(Yukon) shall be payable on April 15, 2007 and shall continue on the 15th day of
each month thereafter, in the amount stated above, until the total rent (as
determined in accordance with the SBA Loan) and all other obligations of the
Lessee have been paid in full. All payments of rent shall be made to the Lessor
at its address, or at the option of Lessee at any time hereafter, may be made by
payment directly to the Bank of Oklahoma, N.A. for application to amounts
outstanding under the SBA Loan. If at anytime during the term of this Lease the
Lessor's monthly payment under SBA Loan is increased (or decreases) due to an
increase (or decrease) in the applicable interest rate, the monthly payment
hereunder shall increase (or decrease) correspondingly upon fifteen (15) days
written notice by the Lessor to the Lessee. THIS IS A NON-CANCELABLE LEASE FOR
THE TERM INDICATED ABOVE.

      2. PURCHASE AND ACCEPTANCE; NO WARRANTIES. THE LESSEE REPRESENTS THAT THE
LESSEE HAS SELECTED THE EQUIPMENT LEASED HEREUNDER AND LESSEE AGREES THAT,
EXCEPT AS SET FORTH IN THE ASSET PURCHASE AGREEMENT, THE LESSOR HAS NOT MADE AND
MAKES NO

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REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE, DIRECTLY OR INDIRECTLY,
EXPRESSED OR IMPLIED, AS TO ANY MATTER WHATSOEVER, INCLUDING THE SUITABILITY OF
SUCH EQUIPMENT FOR ANY PURPOSE, ITS DURABILITY, ITS FITNESS FOR ANY PARTICULAR
PURPOSE, ITS MERCHANTABILITY, ITS CONDITION, AND/OR ITS QUALITY AND AS BETWEEN
LESSEE AND LESSOR, AND ANY ASSIGNEES, LESSEE LEASES THE EQUIPMENT "AS IS."
LESSOR AND LESSOR'S ASSIGNEE SHALL NOT BE LIABLE TO LESSEE FOR ANY LOSS, DAMAGE
OR EXPENSE OF ANY KIND OR NATURE CAUSED DIRECTLY OR INDIRECTLY BY ANY EQUIPMENT
LEASED HEREUNDER OR THE USE, MAINTENANCE, FAILURE OF OPERATION, REPAIRS, SERVICE
ADJUSTMENTS, OR ANY DELAY OR FAILURE OF OR TO THE EQUIPMENT, OR BY ANY
INTERRUPTION OF SERVICE OR LOSS OF USE OF THE EQUIPMENT, OR THE USE OF THE
EQUIPMENT IN VIOLATION OF THE RIGHTS OF ANY PARTY WHOMSOEVER, OR FOR ANY LOSS OF
BUSINESS OR DAMAGE WHATSOEVER AND HOWSOEVER CAUSED. LESSOR AND LESSOR'S ASSIGNS
DISCLAIM AND SHALL NOT BE RESPONSIBLE FOR ANY LOSS, DAMAGE OR INJURY TO PERSONS
OR PROPERTY CAUSED BY THE EQUIPMENT WHETHER ARISING THROUGH ANY INTENTIONAL ACT
OF LESSOR, THE NEGLIGENCE OF THE LESSOR, OR IMPOSED BY LAW.

      3. TITLE. Lessor represents and warrants to Lessee that Lessor owns the
Equipment free and clear of all liens, claims or encumbrances, except for a lien
securing the SBA Loan. Lessor covenants with Lessee that, so long as Lessee
performs all of its obligations under this Lease Agreement, Lessor shall perform
all of its obligations as borrower under the SBA Loan. The Lessor shall at all
times retain title to the Equipment. The Lessee shall not change or remove any
insignia or lettering which is on the Equipment at the time of delivery thereof,
or which is thereafter placed thereon, indicating the Lessor's ownership
thereof; and at any time during the Lease term, upon request of the Lessor, the
Lessee shall affix to the Equipment in prominent place, labels, plates or other
markings supplied by the the Lessor stating that the Equipment is owned by the
Lessor. The Lessor is hereby authorized by the Lessee, at the Lessee's expense,
to cause this Lease, or any statement or other instrument in respect of this
Lease showing the interest of the Lessor in the Equipment, including Uniform
Commercial Code Financing Statements, to be filed or recredited and refiled and
re-recorded. The Lessee agrees to execute and deliver any statement or
instrument requested by the Lessor for such purpose, and agrees to pay or
reimburse the Lessor for any filing, recording or stamp fees or taxes arising
from the filing or recording of any such instrument or statement. The Lessee
shall, at its expense, protect and defend the Lessor's title at all times
keeping the Equipment free from all liens and claims whatsoever except for those
created by or arising through the Lessor, and shall give the Lessor immediate
written notice thereof and shall indemnity the Lessor from any loss caused
thereby. The Lessee shall execute and deliver to the Lessor, upon the Lessor's
request, such further instruments and assurances as the Lessor deems necessary
or advisable for the confirmation or perfection of the Lessor's rights hereunder
and the Lessee authorizes the Lessor to file any such instrument, including, but
not limited to, any Uniform Commercial Code Financing Statement(s), without the
Lessee's signature and, if the signature of the Lessee is required thereon, the
Lessee irrevocably appoints the Lessor as the Lessee's attorney-in-fact to

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execute and file any such statement or other instrument in the name and on
behalf of the Lessee. Except for the Purchase Option attached as Exhibit B, the
Lessee shall have no right to purchase or otherwise acquire title to or
ownership of the Equipment. Without modifying or limiting the foregoing, or
derogating from the intention of the parties that the transactions herein shall
constitute a Lease and not a financing of the Equipment by the Lessor, if any
court of competent jurisdiction shall hold that the transactions contemplated
herein do constitute a financing and not a Lease of the Equipment by the Lessor,
then the Lessor has a first lien security interest in the Equipment as of the
date hereof to secure the obligations of the Lessee, its successors and assigns,
hereunder and the Lessor shall have all rights and remedies of a secured party
under the Uniform Commercial Code as adopted in Oklahoma and any other
applicable jurisdiction.

      4. CARE AND USE OF EQUIPMENT. The Lessee shall maintain the Equipment in
good operating condition, repair and appearance, and protect the same from
deterioration, other than normal wear and tear; shall use the Equipment in the
regular course of business only, within its normal capacity, without abuse and
in a manner contemplated by the Vendor, shall comply with the laws, ordinances,
regulations, requirements and rules with respect to the use, maintenance and
other operation of the Equipment, shall not make any modification, alteration,
or addition to the Equipment (other than normal operating accessories or
controls which shall, when added to the Equipment, become the property of the
Lessor) without the prior written consent of the Lessor, which shall not be
unreasonably withheld, shall not so affix the Equipment to realty as to change
its nature to real property or fixture, and agrees that the Equipment shall
remain personal property at all times regardless of how attached or installed;
shall keep the Equipment at the location shown above, and shall not remove the
Equipment without the consent of the Lessor, which shall not be unreasonably
withheld. The Lessor shall have the right during normal hours, upon reasonable
prior notice to the Lessee and subject to applicable laws and regulations, to
enter upon the premises where the Equipment is located in order to inspect,
observe or remove the Equipment, or otherwise protect the Lessor's interest. The
Lessee specifically acknowledges that the Equipment is Leased to the Lessee
solely for commercial or business purposes and not for personal, family or
household purposes.

      5. NET LEASE: TAXES. The Lessee intends the rental payments hereunder to
be net to the Lessor, and the Lessee shall pay all sales, excise, personal
property, stamp, documentary, ad valorem and other taxes, license and
registration fees, assessments, fines, penalties and other charges imposed on
the ownership, possession or use of the Equipment during the term of this Lease;
shall pay all taxes (except federal and State net income taxes imposed on the
Lessor) with respect to this Lease and the rental payments hereunder, and shall
reimburse the Lessor upon demand for any taxes paid by or advanced by the
Lessor. An administration fee will be charged by the Lessor or Lessor's assigns
for the filing of personal property taxes. The Lessee shall file all returns
required by law or by the Lessor and furnish copies to the Lessor.

      6. INDEMNITY. The Lessee shall and does hereby agree to indemnify and save
the Lessor, its agents, servants, successors, and assigns harmless against and
from any and all liability, damages, or loss, including reasonable counsel fees,
arising out of the ownership, selection, possession, leasing, renting, operation
(regardless of where, how and by whom

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Equipment Lease -Yukon                                              Page 3 of 13

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operated), control, use, condition (including but not limited to latent and
other defects, whether or not discoverable by the Lessee), maintenance, delivery
and return of the Equipment or arising out of the Lessor's late or nonpayment of
any amounts owed by Lessor to Bank of Oklahoma, N.A. under the SBA Loan
Agreement that is caused by Lessee's late or nonpayment of any amounts owed by
Lessee to Lessor under this Lease. The indemnities and obligations herein
provided shall continue in full force and effect notwithstanding termination of
this Lease.

      7. INSURANCE. The Lessee shall keep the Equipment insured against all
risks of loss or damage from every cause whatsoever, in amounts determined by
the Lessor. The amount of such insurance shall be sufficient so that neither the
Lessor nor the Lessee will be considered a co-insurer. The Lessee also shall
carry public liability insurance, personal injury and property damage, covering
the Equipment. All such insurance shall provide that losses, if any, shall be
payable to the Lessor, and all such liability insurance shall include the Lessor
as named insured and require that the insurer give the Lessor at least ten (10)
days written notice prior to cancellation thereof. The Lessee shall pay the
premiums for such insurance and deliver to the Lessor satisfactory evidence of
the insurance coverage required hereunder. The proceeds of such insurance
payable as a result of loss or damage to any item of the Equipment shall be
applied to satisfy the Lessee's obligations as set forth in Paragraph 10 below.
The Lessee hereby irrevocably appoints the Lessor as the Lessee's
attorney-in-fact to make claim for, receive payment of and execute and endorse
all documents, checks or drafts received in payment for loss or damage under any
such insurance policy.

      8. RISK OF LOSS. The Lessee hereby assumes the entire risk of loss, damage
or destruction of the Equipment from any and every cause whatsoever during the
term of this Lease and thereafter until redelivery to the Lessor. In the event
of loss, damage or destruction of any item of Equipment, the Lessee at its
expense (except to the extent of any proceeds for insurance provided by the
Lessee) shall either (a) repair such item, returning it to its previous
condition, unless damaged beyond repair, or (b) pay the Lessor all unpaid
rental, or (c) replace such item with a like item acceptable to the Lessor,
which shall be included within the term "Equipment" as used herein, and Lease
from the Lessor herewith for the balance of the full term of this Lease.

      9. PERFORMANCE BY LESSOR OF LESSEE'S OBLIGATION. In the event the Lessee
fails to comply with any provision of this Lease, the Lessor shall have the
right, but shall not be obligated, to effect such compliance on behalf of the
Lessee upon ten (10) Business Days prior written notice to the Lessee. In such
event, all monies expended by and all expenses of the Lessor in effecting such
compliance shall be deemed to be additional rental, and shall be paid by the
Lessee at the time of the next monthly payment of rent.

      10. DEFAULT. If any one of the following events (each an "event of
default") shall occur, then to the extent permitted by applicable law, the
Lessor shall have the right to exercise any one or more of the remedies set
forth in Paragraph 13 below:

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            (a) the Lessee fails to pay any rental or any other
            payment hereunder when due, and such failure continues
            for fifteen (15) Business Days;

            (b) the Lessee or any Guarantor becomes insolvent or
            makes an assignment for the benefit of creditors;

            (c) a receiver, trustee, conservator or liquidator of
            the Lessee or any Guarantor of all or a substantial part
            of its assets is appointed with or without the
            application of consent of the Lessee or such guarantor;

            (d) a petition is filed by or against the Lessee or any
            Guarantor under the Bankruptcy Code or any amendment
            thereto, or under any other insolvency law or laws
            providing for the relief of debtor;

            (e) the Lessee fails to pay when due any obligation to
            the Lessor arising independently of this Lease and such
            failure continues for fifteen (15) Business Days;

            (f) the Lessee breaches any other covenant, warranty or
            agreement hereunder, and such breach continues for
            fifteen (15) Business Days after written notice thereof;
            or

            (g) The breach by the Lessee, the Guarantors, or any of
            their subsidiaries, affiliates, successors or assigns of
            any provision contained in the Asset Purchase Agreement
            or the Additional Agreements, except for the Employment
            Agreement (as those terms are defined in the Asset
            Purchase Agreement entered into contemporaneously with
            this Lease by and among Lessor, Lessee, Guarantors and
            others) which breach is not cured within fifteen (15)
            Business Days of written notice by the Lessor.

      11. REMEDIES. If an event of default shall occur as described in
sub-paragraphs (a) through (g) in Paragraph 10, the Lessor may, at its option,
at any time (a) declare the entire amount of unpaid rental for the balance of
the term of this Lease immediately due and payable (which amount shall be equal
to the SBA Loan's payoff balance), whereupon the Lessee shall become obligated
to pay the Lessor forthwith such amount and (b) without demand or legal process
enter into the premises where the Equipment may be found and take possession of
and remove the Equipment, without liability for such retaking. the Lessor may
sell or otherwise dispose of any such Equipment at a private or public sale. In
the event the Lessor takes possession of the Equipment, the Lessor shall give
the Lessee credit for any sums received by the Lessor from the sale or rental of
the Equipment after deduction of the expenses of sale or rental. The Lessee
shall also be liable for and shall pay to the Lessor (a) all expenses incurred
by the

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Lessor in connection with the enforcement of any of the Lessor's remedies,
including all collection expenses, all expenses of repossessing, storing,
shipping, repairing and selling the Equipment, and (b) reasonable attorney's
fees and court costs. The Lessor and the Lessee acknowledge the difficulty in
establishing a value for the unexpired Lease term and owing to such difficulty
agree that the provisions of this paragraph represent an agreed measure of
damages and are not to be deemed a forfeiture or penalty. All remedies of the
Lessor hereunder are cumulative, are in addition to any other remedies provided
for by law, and may, to the extent permitted by law, be exercised concurrently
or separately. The exercise of any one remedy shall not be deemed to be an
election of such remedy or to preclude the exercise of any other remedy. No
failure on the part of the Lessor to exercise and no delay in exercising any
right to remedy shall operate as a waiver thereof or modify the terms of this
Lease.

      12. LATE CHARGES. Whenever any payment is not made by the the Lessee in
full when due hereunder, the Lessee agrees to pay to the Lessor, not later than
fifteen (15) Business Days thereafter, an amount equal to ten percent (10%) of
the full scheduled payment, but only to the extent allowed by law. Such amount
shall be payable in addition to all amounts payable by the Lessee as a result of
Lessor's exercise of any of Lessor's remedies herein provided.

      13. ASSIGNMENT. LESSOR MAY, WITHOUT LESSEE'S CONSENT, ASSIGN OR TRANSFER
THIS LEASE OR ANY EQUIPMENT, RENT OR OTHER SUMS DUE OR TO BECOME DUE HEREUNDER,
AND IN SUCH EVENT LESSOR'S ASSIGNEE OR TRANSFEREE SHALL HAVE THE RIGHTS, POWERS,
PRIVILEGES AND REMEDIES OF LESSOR HEREUNDER. LESSEE SHALL NOT ASSIGN THIS LEASE
OR THE EQUIPMENT OR ANY INTEREST HEREUNDER, EXCEPT THAT LESSEE MAY ASSIGN OR
SUBLEASE THIS LEASE TO ANY OF ITS AFFILIATES, FRANCHISEES OR JOINT VENTURE
PARTNERS UPON FIFTEEN (15) DAYS WRITTEN NOTICE TO LESSOR; PROVIDED, HOWEVER, IN
ANY EVENT LESSEE AND GUARANTORS SHALL NOT BE RELEASED FROM ANY OF THEIR
OBLIGATIONS UNDER THIS LEASE BY REASON OF ANY SUCH ASSIGNMENT, TRANSFER OR
SUBLETTING.

      NOTWITHSTANDING THE FOREGOING, IN THE EVENT (i) LESSEE ASSIGNS THIS LEASE
IN CONNECTION WITH A MERGER, CONSOLIDATION OR SALE OF SUBSTANTIALLY ALL THE
ASSETS OF LESSEE AND (ii) THE ASSIGNEE ASSUMES ALL OF THE OBLIGATIONS TO BE
PERFORMED BY LESSEE UNDER THIS LEASE, AND, (iii) IF REQUIRED BY LESSOR, IN ITS
REASONABLE DISCRETION, THE GUARANTORS ARE REPLACED WITH GUARANTORS ACCEPTABLE TO
LESSOR, THEN LESSEE AND GUARANTORS SHALL BE RELEASED AND FOREVER DISCHARGED FROM
PERFORMING THEIR OBLIGATIONS UNDER THIS LEASE ACCRUING SUBSEQUENT TO THE
EFFECTIVE DATE OF SUCH ASSIGNMENT.

      14. RETURN OF PROPERTY. Upon the termination or expiration of this Lease,
or any extension thereof, the Lessee shall forthwith deliver, freight prepaid,
the Equipment to the Lessor, at an address designated by the Lessor, complete
and in good order and condition, reasonable wear and tear alone excepted. The
Lessee shall also pay to the Lessor such sum as may be necessary to cover
replacement for all damaged, broken or missing parts of the

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Equipment to the Lessor. If the Equipment is not returned at the expiration of
this Lease, the Equipment shall continue to be held and Leased hereunder, and
this Lease shall thereupon be extended indefinitely as to the term at the same
monthly rental, subject to the right of either the Lessee or the Lessor to
terminate this Lease upon thirty (30) days written notice, whereupon the Lessee
shall forthwith deliver the Equipment to the Lessor as set forth in this
Paragraph.

      15. EFFECTIVE DATE. This Lease shall become valid when executed and
accepted by the Lessor and notice of the Lessor's acceptance of the Lease being
hereby waived by the Lessee.

      16. SURVIVAL OF GUARANTY OBLIGATIONS. All obligations of any Guarantor
shall remain enforceable notwithstanding that this Lease, or any obligations
performed or to be performed hereunder, may be void or voidable as against the
Lessee or any of the Lessee's creditors, including but not limited to, a trustee
in bankruptcy, by reason of any fact or circumstance.

      17. MISCELLANEOUS. This Lease contains the entire agreement between the
parties and may not be altered, amended, modified, terminated or otherwise
changed except by a writing signed by an executive officer of the Lessor or the
Lessor's assignee. The Lessor and the Lessee intend this to be a valid and
subsisting legal document, and agree that no provision of this Lease which may
be deemed unenforceable shall in any way invalidate any other provision or
provisions of this Lease, all of which shall remain in full force and effect.
Any notice intended to be served hereunder shall be deemed sufficiently sent if
sent by regular mail, postage prepaid, addressed to the party at the addresses
contained hereon. This Lease shall be binding upon the parties, their
successors, legal representatives and assigns.

      18. CONSENT TO JURISDICTION. Each party to this Lease and each Guarantor
hereby submits to the jurisdiction of any Oklahoma State or Federal court
sitting in Oklahoma over any suit, action or proceeding arising out of or
relating to this Lease or guaranty. Each party to this Lease and each Guarantor
hereby irrevocably waives, to the fullest extent permitted or not prohibited by
law, any objection it may now or hereafter have to the laying of the venue of
any such suit, action or proceeding brought in such a court and any claim that
any such suit, action or proceeding brought in such a court has been brought in
an inconvenient forum.

      19. BUSINESS DAY. A "Business Day" shall mean any day when national banks
are open for business, excluding a Saturday, Sunday or a public holiday under
the laws of the State of Oklahoma.

      20. GUARANTY. To induce the Lessor to enter into this Lease, the
undersigned Guarantors, jointly, severally and unconditionally, hereby guarantee
to the Lessor the prompt performance, when due, of all the Lessee's obligations
to the Lessor under this Lease. The Lessor shall not be required to proceed
against the Lessee or the Equipment or enforce any other remedy before
proceeding against the Guarantors. The Guarantors agree to pay all reasonable
attorneys' fees and other expenses incurred by the Lessor by reason of default
by the Lessee or

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any of the Guarantors. The Guarantors waive notice of acceptance hereof and of
all other notices or demands of any kind to which the Guarantors may be
entitled. The Guarantors consent to any extensions or modifications of this
Lease and any indulgences granted to the Lessee, including, but not limited to,
the release and/or compromise of any obligations under or any collateral for
this Lease. This is a continuing guaranty and shall bind the Guarantors and the
heirs, administrators, trustees, representatives, successors and assigns of the
Guarantors, and may be enforced by or for the benefit of the Lessor or any
assignee or successor of the Lessor.

      21. LESSEE'S OBLIGATIONS.AND SBA LOAN. NOTWITHSTANDING ANYTHING TO THE
CONTRARY IN THIS EQUIPMENT LEASE, LESSEE'S RENTAL PAYMENT OBLIGATIONS TO LESSOR
SHALL NOT BE ANY GREATER THAN LESSOR'S LOAN PAYMENT OBLIGATIONS TO THE BANK OF
OKLAHOMA, N.A. UNDER THE SBA LOAN.

      [Signature Page to Follow]

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Equipment Lease -Yukon                                              Page 8 of 13

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<PAGE>

      THIS EQUIPMENT LEASE AGREEMENT is executed as of the date and year first
written above:

LESSOR:                                      LESSEE:

ELITE AUTOMOTIVE GROUP, LLC                  MIDNIGHT AUTO FRANCHISE CORP.,

                                             A Michigan Corporation,

By: __________________________________       By: _______________________________
     Stephen J. Stearman, Sole Manager            Nicholas A. Cocco, President

                                             GUARANTORS:

                                             ALL NIGHT AUTO OF OKLAHOMA, INC.,
                                             A Michigan Corporation

                                             By: _______________________________
                                                  Nicholas A. Cocco
                                                  President

                                             MIDNIGHT HOLDINGS GROUP, INC.,
                                             A Delaware Corporation

                                             By: _______________________________
                                                  Nicholas A. Cocco

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<PAGE>

                                                  President, Chairman & CEO

                                             ALL NIGHT AUTO STORES, INC.,
                                             A Michigan Corporation

                                             By: _______________________________
                                                  Nicholas A. Cocco
                                                  President

                                             ALL NIGHT AUTO OF YUKON, INC.,
                                             A Michigan Corporation,

                                             By: _______________________________
                                                  Nicholas A. Cocco,
                                                  President

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Equipment Lease -Yukon                                             Page 10 of 13

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<PAGE>

                                    EXHIBIT A

                                 THE "EQUIPMENT"

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Equipment Lease -Yukon                                             Page 11 of 13

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<PAGE>

                                    EXHIBIT B

                                 PURCHASE OPTION

      Reference is made to Equipment Lease Agreement (the "Lease") dated as of
March 30, 2007, and entered into by and between ELITE AUTOMOTIVE GROUP, LLC (the
"Lessor"), and ALL NIGHT AUTO OF YUKON, INC., a Michigan corporation (the
"Lessee"). Capitalized terms used herein but not defined shall have the meaning
ascribed to them in the Lease.

      At any time prior to the expiration or termination of the Lease, provided
that Lessee has made all rent payments due under the Lease, , Lessee will have
the option (the "Term Option") to purchase all of the Equipment listed on
Exhibit A for an amount equal to the Lessor's payoff balance (the "Payoff
Balance") under Loan No. 1076887 entered into by and among Lessor and Bank of
Oklahoma, N.A., having a loan date of February 15, 2006 and a maturity date of
February 15, 2013 (the "SBA Loan"). As of the date of this Purchase Option, the
Payoff Balance is $[*].

      The Payoff Balance will be determined as of the thirtieth (30th) day
following Lessor's receipt of Lessee's Option Notice (as defined hereafter) or,
if the thirtieth (30th) day is not a business day for Bank of Oklahoma, N.A.,
then as of the first business day following the thirtieth (30th) day. Should
Lessee choose to exercise this Term Option, it must provide Lessor with a
written notice ("Lessee's Option Notice") of Lessee's intention to exercise the
Term Option. The Lessor shall notify the Lessee of the payoff amount (the
"Payoff Notice") within fifteen (15) days of receipt of Lessee's Option Notice,
and the Lessee shall deliver payment of the Payoff Amount to the Lessor within
fifteen (15) days of receipt of the Payoff Notice. Notwithstanding the
foregoing, if the parties can determine the Payoff Balance prior to such 30th
day following the date of Lessee's exercise of its Term Option, and if Lessee
can pay the Payoff Balance on such date, then the option exercise price shall
equal the Payoff Balance on such earlier date. Failure to pay the Payoff Balance
on the date it is due under this paragraph will render that option exercise by
Lessee void, but such failure alone shall not terminate this option.

      At the expiration or termination of the Lease, the Lessee shall have the
option (the "Expiration Option") to purchase all of the Equipment listed on
Exhibit A of the Lease for $1.00. The Expiration Option shall be deemed to be
automatically exercised by Lessee unless Lessee provides written notice to the
contrary to Lessor. Payment under the Expiration Option must be made by the
Lessee to the Lessor or its assignees within sixty (60) days of the expiration
date of the Lease.

      The Equipment purchased under the Term Option or the Expiration Option
will be purchased by the Lessee "As is" and "Where is" without representation or
warranty by Lessor as to any matter whatsoever other than Lessor's title to the
equipment free and clear of all liens, claims and encumbrances. Upon such
payment, Lessor shall deliver to Lessee a warranty bill of sale for such
equipment free and clear of all liens, claims and encumbrances.

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      This Purchase Option shall be deemed to be part of the Lease, and shall be
governed by the provisions thereof dealing with choice of law, choice of forum,
and jurisdiction.

      Accepted and agreed to on this 30th day of March, 2007:

LESSOR:

                                             ELITE AUTOMOTIVE GROUP, LLC

                                             By:________________________________
                                                 Stephen Stearman, Member

LESSEE:

                                             MIDNIGHT AUTO FRANCHISE
                                             CORPORATIOIN

                                             By:________________________________
                                                 Nicholas A. Cocco, President

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Equipment Lease -Yukon                                             Page 13 of 13

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