Over 26 years ago O. Ray Lipscomb Jr. was one of the top new car sales leader and associate at a local franchise dealership. His income was substantial and he won numerous honors and awards. He was salesman of the year the last 2 years at the dealership. Despite his success and stature as a star sales person, he longed for the day when he could once again be his own boss.
During 1970 thru 1980 O. Ray Lipscomb Jr. had experienced some small business success as the owner of a boutique in downtown
In 1995 PPA began doing business as First Stop Auto Sales and he changed his marketing strategy from PPA and began an effort to appeal to a more middle income and young professional market. This market would be interested in three to five year old vehicles in good condition with extended warranties and excellent financing terms which made First Stop Auto Sales an attractive dealership for potential buyers which would insure First Stop Auto Sales maintained growth and stayed ahead of the competition.
In 2003 Mr. Lipscomb formed Toorae Finance Corp. to better serve their customers with many financing options. In 2008 First Stop Auto Sales moved to a new location at
First Stop Auto Sales supports many Local Charities and is a member of the Better Business Bureau.