AMENDMENT TO MANAGEMENT AGREEMENT

                  This Amendment to the Management  Agreement (the  "Agreement")
between Rent- A-Wreck of America,  Inc., a Delaware  corporation (the "Company")
and K.A.B.,  Inc., a Florida corporation  ("Management Co.") dated June 30, 1993
is effective as of July 1, 1997.

Section 2.1 of the Agreement is replaced in its entirety with the following:

                                     2.1   (a) During the term of the Agreement,
         Management Co. shall be entitled to receive annual  compensation  in an
         amount  calculated  pursuant  to  Sections  2.1(b) and (c),  payable in
         installments  due  within 45 days after the  completion  of each of the
         Company's  fiscal  quarters.  The  Company  may  deduct  therefrom  any
         withholding or deduction  which may be required by law. In the event of
         termination of this  Agreement,  the payment shall be prorated  through
         the date of termination. Management Co. represents and warrants that it
         shall furnish services each year in an amount reasonably appropriate to
         fulfill its management responsibilities hereunder.

                                            (b)   [RESERVED]

                                            (c)  The   amount  of   compensation
         payable to Management  Co. shall be $250,000 per year.  Notwithstanding
         anything to the contrary  herein,  if the  compensation  amount for any
         fiscal  quarter as provided  herein would cause the Company to report a
         net loss (as  calculated  by the Company on the basis of the  Company's
         books and records in  accordance  with  generally  accepted  accounting
         principles  consistently applied), the compensation shall be reduced to
         the  extent  required  to result  in a  breakeven  bottom  line for the
         Company  for  the  fiscal  quarter;  provided  that  any  reduction  of
         compensation  under  this  subparagraph  shall  be  limited  such  that
         Management Co. shall not receive less than $100,000 in any fiscal year.

All other  provisions of the Agreement as amended to date shall remain unchanged
and in full force and effect.

                                      RENT-A-WRECK OF AMERICA, INC.

                                      By:  /s/ William L. Richter
                                         ---------------------------------------
                                               Print Name: William L. Richter
                                               Its:  Vice-Chairman of the Board

                                      MANAGEMENT CO.

                                      By:   /s/
                                         ---------------------------------------
                                           Kenneth L. Blum, Sr.
                                               Its:  Chairman and
                                                     Chief Executive Officer