<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL STATEMENTS IN RENT-A-WRECK OF AMERICA, INC.'S FORM 10-QSB FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-QSB. </LEGEND> <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-START> APR-01-1997 <PERIOD-END> JUN-30-1997 <EXCHANGE-RATE> 1 <CASH> 1,107,123 <SECURITIES> 0 <RECEIVABLES> 1,698,949 <ALLOWANCES> 832,162 <INVENTORY> 0 <CURRENT-ASSETS> 2,150,589 <PP&E> 547,521 <DEPRECIATION> 201,950 <TOTAL-ASSETS> 2,747,534 <CURRENT-LIABILITIES> 889,116 <BONDS> 0 <PREFERRED-MANDATORY> 14,322 <PREFERRED> 0 <COMMON> 42,516 <OTHER-SE> 1,773,853 <TOTAL-LIABILITY-AND-EQUITY> 2,747,534 <SALES> 0 <TOTAL-REVENUES> 1,127,331 <CGS> 0 <TOTAL-COSTS> 503,474 <OTHER-EXPENSES> 404,691 <LOSS-PROVISION> 52,123 <INTEREST-EXPENSE> 1,492 <INCOME-PRETAX> 185,134 <INCOME-TAX> 52,500 <INCOME-CONTINUING> 132,634 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 132,634 <EPS-PRIMARY> 0.02 <EPS-DILUTED> 0.02