FUTURE CARZ COM INC
10QSB, 2000-10-26
BUSINESS SERVICES, NEC
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                           UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549
                            FORM 10-QSB

(Mark One)

[X]                           QUARTERLY REPORT PURSUANT TO
                             SECTION 13 OR 15(d) OF THE
                             SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: September 30, 2000
Or

[  ]                          TRANSITION REPORT PURSUANT TO
                             SECTION 13 OR 15(d) OF THE
                             SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____________ to _____________

Commission File Number:

                      Future Carz.com, Inc.
      (Exact name of registrant as specified in its charter)

            Nevada                          88-0431029
(State or other jurisdiction of  (I.R.S. Employer Identification
incorporation or organization)                 No.)

12624 Carmel Country Road, San                92130
           Diego, CA                        (Zip Code)
(Address of principal executive
           offices)

                         (858) 755-8440
      (Registrant's telephone number, including area code)

                               N/A
 (Former name, former address and former fiscal year, if changed
                       since last report)

  Indicate by check mark whether the registrant (1) has filed all
    reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or
 for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements
                       for the past 90 days.

                          Yes [X] No [ ]

   APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
                 DURING THE PRECEDING FIVE YEARS:

    Indicate by check mark whether the registrant has filed all
 documents and reports required to be filed by Sections 12, 13 or
  15(d) of the Securities Exchange Act of 1934 subsequent to the
   distribution of securities under a plan confirmed by a court.

                          Yes [ ] No [ ]

               APPLICABLE ONLY TO CORPORATE ISSUERS:
 Indicate the number of shares outstanding of each of the issuer's
    classes of common stock, as of the latest practicable date:
                             5,328,087


/1/



                       FUTURE CARZ.COM, INC.
                   (A Development Stage Company)


                         Table of Contents
                                                               Page

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

Independent Accountant's Review Report                         4

Balance Sheets as of December 31, 1999 and September 30, 2000  5

Statements of Operations for the Three Months and Nine Months  6

Ending September 30, 2000 and for the Period July 13, 1999
(Inception) to September 30, 2000

Statements of Cash Flows for the Three Months and Nine Months  7
Ending September 30, 2000 and For the Period July 13, 1999
(Inception) to September 30, 2000

Notes to Financial Statements                                  8

Item 2. Management's Discussion and Plan of Operation          11

PART II - OTHER INFORMATION

Item 6. Exhibits                                               12

SIGNATURES                                                     13




/2/












                       Future Carz.com, Inc.
                   (A Development Stage Company)

                           Balance Sheet
                               as of
                        September 30, 2000
                                and
                         December 31, 1999

                                and

                     Statements of Operations
                                and
                            Cash Flows
      for the Three and Nine Months Ending September 30, 200
  for the Period July 13, 1999 (Inception) to September 30, 2000


/3/





                         TABLE OF CONTENTS





                                                 Page

Independent Accountant's Review Report              1

Balance Sheets                                      2

Statements of Operations                            3

Statements of Cash Flows                            4

Footnotes                                           5


/4/



G. BRAD BECKSTEAD
Certified Public Accountant
                                                330 E. Warm Springs
                                                Las Vegas, NV 89119
                                                       702.528.1984
                                                425.928.2877 (efax)


              INDEPENDENT ACCOUNTANT'S REVIEW REPORT


Board of Directors
Future Carz.com, Inc.
(a Development Stage Company)
Las Vegas, NV

I have reviewed the accompanying balance sheets of Future Carz.com,
Inc.  (a  Nevada corporation) (a development stage company)  as  of
September  30,  2000 and the related statements of  operations  and
cash  flows for the three and nine months ending September 30, 2000
and  1999,   and  for  the  period July  13,  1999  (Inception)  to
September   30,   2000.   These  financial   statements   are   the
responsibility of the Company's management.

I  conducted my reviews in accordance with standards established by
the  American Institute of Certified Public Accountants.  A  review
of  interim financial information consists principally of  applying
analytical  procedures to financial data, and making  inquiries  of
persons  responsible for financial and accounting matters.   It  is
substantially  less in scope than an audit conducted in  accordance
with generally accepted auditing standards, which will be performed
for  the  full  year  with the objective of expressing  an  opinion
regarding  the financial statements taken as a whole.  Accordingly,
I do not express such an opinion.

Based  on  my reviews, I am not aware of any material modifications
that  should  be  made  to  the accompanying  financial  statements
referred  to  above  for  them to be in conformity  with  generally
accepted accounting principles.

The  accompanying financial statements have been prepared  assuming
the Company will continue as a going concern.  As discussed in Note
5  to  the  financial  statements,  the  Company  has  had  limited
operations  and  has  not commenced planned  principal  operations.
This  raises substantial doubt about its ability to continue  as  a
going  concern.  Management's plans in regard to these matters  are
also  described in Note 5.  The financial statements do not include
any  adjustments  that  might  result  from  the  outcome  of  this
uncertainty.

I  have  previously audited, in accordance with generally  accepted
auditing standards, the balance sheet of Future Carz.com,  Inc.  (a
development stage company) as of December 31, 1999, and the related
statements of operations, stockholders' equity, and cash flows  for
the  period  July 13, 1999 (Inception) to December  31,  1999  (not
presented  herein)  and  in  my report  dated  March  15,  2000,  I
expressed an unqualified opinion on those financial statements.


/s/G. Brad Beckstead, CPA

October 23, 2000


/5/



                  PART I - FINANCIAL INFORMATION

              Item 1. Unaudited Financial Statements

                       Future Carz.com, Inc.

                   (a Development Stage Company)

                          Balance Sheets

                                        (unaudit      December
                                           ed)        31, 1999
                                        September
                                        30, 2000
                                        --------      ---------
Assets

Current assets:

Cash                                    $  49,382      $  5,082

                                           49,382         5,082
                                           ------         -----
Fixed assets:

Office equipment                            8,473         8,473

Less accumulated depreciation             (1,271)             -
                                            7,202         8,473

Other assets:

Website development                        20,000        20,000

Less accumulated amortization             (3,333)         (333)
                                          -------        ------
                                           16,667        19,667

                                        $  73,251      $ 33,222
                                          =======        ======

Liabilities and Stockholders'
Equity

Current liabilities:

Subscription refund                       $   375       $   375

Loan from stockholder                       2,000             -

Convertible debt                           60,000             -
                                           62,375           375
                                          -------         -----

Stockholders' equity:
Preferred stock, $0.001 par value,              -             -
5,000,000
shares authorized, zero shares issued
and outstanding

Common stock, $0.001 par value,             5,328         5,328
20,000,000 shares
authorized, 5,328,087 shares issued
and outstanding

Additional paid-in capital                 65,076        65,076

Deficit accumulated during               (59,528)      (37,557)
development stage
                                           10,876        32,847
                                          -------        ------
                                        $  73,251     $  33,222
                                        =========     =========


          See Independent Accountant's Review Report and
  the Accompanying Notes are an Integral Part of These Financial
                            Statements.






                       Future Carz.com, Inc.

                   (a Development Stage Company)

                     Statements of Operations
                            (unaudited)



                                               Nine     July 13,
                                              Months      1999
                      Three Months Ending     Ending    (Inceptio
                                                          n) to
                         September 30,                   September
                                             September      30,
                                                30,
                        2000       1999        2000        1999
                       -------    -------    --------   ---------

Revenue                  $   -       $  -       $   -       $   -


Expenses:

Amortization             1,000          -       3,000       3,333
expense

Depreciation               424          -       1,271       1,271
expense

General                 10,838      3,900      17,700      54,924
administrative
expenses

Total expenses          12,262      3,900      21,971      59,528


Net loss              $(12,262)   $(3,900)  $ (21,971)  $ (59,528)
                      =========   ========  ==========  ==========


Weighted average        5,328,    5,328,0    5,328,08    5,328,08
number of                  087         87           7           7
common shares
outstanding


Net loss per share       $   -      $   -       $   -       $   -
                       =======    ========     =======     =======





















          See Independent Accountant's Review Report and
  the Accompanying Notes are an Integral Part of These Financial
                            Statements.







                       Future Carz.com, Inc.
                   (a Development Stage Company)
                     Statements of Cash Flows
                            (unaudited)

                              Nine     Three     Three    July 13,
                             Months    Months    Months     1999
                             Ending    Ending    Ending   (Incepti
                                                           on) to
                          September  September  September  September
                               30,        30,       30,       30,
                              2000       2000      1999      2000
                           ---------  --------  --------   --------

Cash flows from operating
activities

Net loss                   $(21,971)  $(12,262)  $(3,900)  $(59,528)

Adjustments to reconcile
net income to net cash
provided
  by operating activities:

Amortization expense           1,271     1,000         -     1,271

Depreciation expense           3,000       424         -     3,333

Common stock issued for            -         -         -    10,259
services provided

Increase (decrease) in:
Subscription refund                -         -         -       375

Loan from stockholder          2,000         -         -     2,000

Convertible debt              60,000    60,000         -    60,000

Net cash provided by          44,300    49,162   (3,900)    17,710
operating activities


Cash flows from investing
activities

Purchase of common stock           -         -         -   (8,473)

Development of website             -         -         -  (20,000)

Net cash used by investing         -         -         -  (28,473)
activities


Cash flows from financing
activities

Issuance of common stock           -         -     4,000    60,145

Net cash provided by               -         -     4,000    60,145
financing activities

Net (decrease) increase in    44,300    49,162       100    49,382
cash

Cash - beginning               5,082       220         -         -

Cash - ending               $ 49,382  $ 49,382     $ 100  $ 49,382
                             =======   =======     ======  =======

Supplemental disclosure:

Interest paid                  $   -     $   -     $   -     $   -

Income taxes paid              $   -     $   -     $   -     $   -

Non-cash investing and
financing activities:

Common stock issued for        $   -     $   -     $   -  $ 10,259
services provided             =======    ======    ======  =======












          See Independent Accountant's Review Report and
  the Accompanying Notes are an Integral Part of These Financial
                            Statements.







                       Future Carz.com, Inc.
                   (a Development Stage Company)
                   Notes to Financial Statements

Note 1 - History and organization of the company

The  Company was organized July 13, 1999 (Date of Inception)  under
the  laws  of  the State of Nevada, as Future Carz.com,  Inc.   The
Company has limited operations and in accordance with SFAS #7,  the
Company is considered a development stage company.   The Company is
authorized  to issue 20,000,000 shares of $0.001 par  value  common
stock and 5,000,000 shares of $0.001 par value preferred stock.

Note 2 - Accounting policies and procedures

Accounting policies and procedures have not been determined  except
as follows:

Accounting method
 The Company reports income and expenses on the accrual method.

Estimates
 The   preparation  of  financial  statements  in  conformity  with
 generally  accepted accounting principals requires  management  to
 make  estimates  and assumptions that affect the reported  amounts
 of  assets and liabilities and disclosure of contingent assets and
 liabilities  at  the  date  of the financial  statements  and  the
 reported  amounts  of  revenue and expenses during  the  reporting
 period.  Actual results could differ form those estimates.

Cash and equivalents
 The  Company  maintains  a cash balance in a  non-interest-bearing
 account  that currently does not exceed federally insured  limits.
 For  the  purpose  of  the statements of cash  flows,  all  highly
 liquid  investments with the maturity of three months or less  are
 considered   to  be  cash  equivalents.    There   are   no   cash
 equivalents as of September 30,  2000.

Reporting in the costs of start-up activities
 Statement of Position 98-5 (SOP 98-5), "Reporting on the Costs  of
 Start-Up  Activities"  which provides guidance  on  the  financial
 reporting   of  start-up  costs  and  organizational  costs.    It
 requires  most  costs  of start-up activities  and  organizational
 costs  to be expensed as incurred.  SOP 98-5 is effective for  its
 fiscal  years  beginning  after  December  15,  1998.   With   the
 adoption  of SOP 98-5, there has been little or no effect  on  the
 Company's financial statements.

Loss per share
 Net  loss  per  share is provided in accordance with Statement  of
 Financial  Accounting Standards No. 128 (SFAS #128) "Earnings  Per
 Share".   Basic  loss  per share is computed  by  dividing  losses
 available  to common  stockholders by the weighted average  number
 of  common shares outstanding during the period.  Diluted loss per
 share  reflects  per  share amounts that would  have  resulted  if
 dilutive  common  stock equivalents had been converted  to  common
 stock.   As of September 30, 2000, the Company has dilutive common
 stock equivalents in the form of convertible debt (See Note 8).

Dividends
 The  Company has not yet adopted any policy regarding  payment  of
 dividends.  No dividends have been paid since inception.

Website development
 Website  development  costs are amortized  over  a  period  of  60
 months using the straight-line method.

Equipment
 The  cost  of  equipment is depreciated over the estimated  useful
 life  of  the  equipment of five years utilizing the straight-line
 method of depreciation.

Year end
 The Company has adopted December 31 as its fiscal year end.


Note 3 - Income taxes

Income  taxes  are  provided  for using  the  liability  method  of
accounting  in  accordance with Statement of  Financial  Accounting
Standards  No.  109 (SFAS #109) "Accounting for Income  Taxes".   A
deferred  tax  asset  or liability is recorded  for  all  temporary
differences  between  financial and tax  reporting.   Deferred  tax
expense  (benefit) results from the net change during the  year  of
deferred  tax  assets and liabilities.  There is no  provision  for
income  taxes for the period ended September 30, 2000, due  to  the
net  loss  and  no  state income tax in Nevada, the  state  of  the
Company's domicile and operations.

Note 4 - Stockholders' equity

The  Company is authorized to issue 20,000,000 shares of $0.001 par
value  common  stock  and  5,000,000 shares  of  $0.001  par  value
preferred stock.

On July 29, 1999, the Company issued 4,000,000 shares of its $0.001
par value common stock to a shareholder in exchange for cash.

On  November 30, 1999, the Company issued 1,328,087 shares  of  its
$0.001 par value common stock to shareholders in exchange for  cash
of  $56,145  and in exchange for services rendered of $10,259.   Of
the total amount, $1,328 is considered common stock and $65,076  is
considered additional paid-in capital.

There have been no other issuances of common or preferred stock.

Note 5 - Going concern

The Company's financial statements are prepared using the generally
accepted accounting principles applicable to a going concern, which
contemplates   the  realization  of  assets  and   liquidation   of
liabilities  in the normal course of business. Without  realization
of  additional  capital, it would be unlikely for  the  Company  to
continue  as  a  going  concern.  The Company  was  able  to  raise
additional  capital  with convertible debt from  outside  financing
sources (See Note 8).  If additional capital is needed the officers
have  committed to make cash advances to the Company to  cover  its
operating costs.  The cash advances do not bear any interest.

Note 6 - Related party transactions

The  Company does not lease or rent any property.  Office  services
are  provided without charge by a director/shareholder.  Such costs
are  immaterial to the financial statements and, accordingly,  have
not  been  reflected  therein. The officers and  directors  of  the
Company are involved in other business activities and may,  in  the
future,  become  involved in other business  opportunities.   If  a
specific  business opportunity becomes available, such persons  may
face  a  conflict in selecting between the Company and their  other
business  interests.  The Company has not formulated a  policy  for
the resolution of such conflicts.

Note 7 - Warrants and options

There  are no warrants or options outstanding to acquire additional
shares of common stock.




Note 8 - Convertible debt

On  August  28,  2000,  the Company signed three  convertible  non-
interest-bearing  promissory notes with  three  individuals  for  a
total  amount  of $60,000.  The promissory notes are due  one  year
from the date of the agreement on August 28, 2001.  Each individual
has  the option to convert all or some of the principal into shares
of  its $0.001 par value common stock at a price of $0.30 per share
on or before the maturity date.

Note 9 - Subsequent events

On  October  13,  2000,  the Company signed  a  note  payable  with
Investment Capital Corporation in the amount of $50,000 and is  due
on  or  before  six  months from the date of  the  agreement.   The
principal amount plus interest of $4,000 at 16% is due on or before
April 13, 2001.

On October 13, 2000, the Company signed a note receivable with Auto
Central  Discount in the amount of $50,000 and is due on or  before
six  months  from the date of the agreement.  The principal  amount
plus interest of $4,250 at 17% is due on or before April 13, 2001.









       Item 2. Management's Discussion and Plan of Operation

General

We  are  a  developmental  stage company that  provides  automobile
information  and  purchasing services  via  the  Internet  to  help
consumers   research,  evaluate  and  purchase  new  and  pre-owned
vehicles.   We offer services through our World Wide  Web  site  at
www.futurecarz.com  to  enable consumers  to  purchase  automotive-
related   products  and  services  such  as  insurance,  financing,
extended warranties, and automobile parts.

Visitors  can  search  our  Internet  site  for  automobile-related
information and services from the privacy of their home or  office.
We believe the Future Carz.com process will insulate consumers from
unpleasant  price  negotiations  by  requiring  member  dealers  to
provide  a competitive, firm, upfront price to consumers.  Our  web
site allows consumers to obtain access to comprehensive, up-to-date
information  about vehicle models, options and dealer costs  at  no
charge.   Information  such as vehicle specifications,  Kelly  Blue
Book pre-owned vehicle values and automobile reviews are aggregated
in  a  central location, providing consumers with the means to make
an informed purchase decision.

We  are  enrolled in an affiliate program, through which we receive
remuneration   for  referrals  to  other  automotive   web   sites.
Remuneration is based upon the following factors:

  1.   The level of traffic directed to affiliates,
  2.   The number of price inquiries submitted and
  3.   The number of sales realized as a result of referrals.

We  have  a  limited operating history, and must  be  considered  a
developmental  stage company.  Our future operations are  dependent
upon  our ability to attract and retain users of our services.   If
we  do not generate traffic to our site and entice visitors to  use
our services, our competitiveness will be diminished.

Results of Operations

We have not generated any revenues since our inception.  We have a
limited  operating history.  We were organized on July  13,  1999.
Our  activities  have  been  limited  primarily  to  organization,
capitalization, finding and securing a management team  and  board
of  directors,  the development of a business plan  and  web  site
operations and commencing with initial operational plans.
As of September 30, 2000, we have:

  1.   Developed a business plan,
  2.   Recruited and retained a management team,
  3.   Developed a web site at www.futurecarz.com,
  4.   Raised capital via a private placement offering of stock made
       in accordance with Section 4(2) of the Securities Act of 1933, as
       amended,
  5.   Raised capital through an offering made in reliance upon an
       exemption from the registration provisions of the Securities Act of
       1933, as amended, in accordance with Regulation D, Rule 504 and
  6.   Obtained working capital from the issuance of convertible
       notes.

Liquidity and Capital Resources

We  attained our initial financing from common stock offerings.  On
July  29, 1999, we issued 4,000,000 shares of our $0.001 par  value
common  shares for cash.  On November 30, 1999, we issued 1,328,087
shares of our common stock for cash of $56,145 and in exchange  for
services rendered of $10,259.

We  issued  three non-interest bearing convertible notes  to  three
individuals on August 28, 2000 for a total of $60,000.  These notes
mature on or about August 28, 2001 in their entirety.  Each note is
convertible by its holder into common shares at the rate  of  $0.30
per  share  before the maturity date.  These notes will provide  us
with  working  capital to finance our operations for  the  next  12
months.

In  October of 2000, we issued a promissory note in the  amount  of
$50,000  at  an annual rate of 16%.  The entire principal  and  all
accrued  interest is due on or before six months from the  date  of
the  note.   Subsequent to the issuance of this note, we  issued  a
loan in the amount of $50,000 at an annual rate of 17%.  The entire
principal  and all accrued interest is collectible six months  from
the date of the note.

We  have yet to generate revenues.  Although we have obtained  debt
financing  from third parties, we do not have significant financial
resources  or other material assets, nor do we have an  established
source  of  revenue  sufficient to cover  our  operating  costs  to
continue operating indefinitely.  Until that time, our officers and
directors  have  committed to advance our operating costs  interest
free on an as-needed basis.

Our   officers  and  directors  are  involved  in  other   business
activities and may become involved in other business opportunities.
If a specific business opportunity becomes available, they may face
a  conflict  in  selecting  between Future  Carz  and  their  other
business  interests.   We  have not formulated  a  policy  for  the
resolution of such conflicts.



                    PART II - OTHER INFORMATION
                         Item 6. Exhibits

Exhibit      Name and/or Identification of Exhibit
Number
-------     --------------------------------------
  3          Articles of Incorporation & By-Laws
                       (a)Articles of Incorporation of the Company filed
                       July 13, 1999.  Incorporated by reference to the
                       exhibits to the Company's General Form For
                       Registration Of Securities Of Small Business
                       Issuers on Form 10-SB, previously filed with the
                       Commission.
                       (b)By-Laws of the Company adopted July 16, 1999.
                       Incorporated by reference to the exhibits to the
                       Company's General Form For Registration Of
                       Securities Of Small Business Issuers on Form
                       10-SB, previously filed with the Commission.

  23         Consent of Experts and Counsel
                      Consents of independent public accountants

  27         Financial Data Schedule
                       Financial Data Schedule of Future Carz.com, Inc.
                       ending September 30, 2000





                            SIGNATURES

Pursuant to the requirements of the Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.

                       Future Carz.com, Inc.
                           (Registrant)

Date: October 25, 2000

By:  /s/ Hal Crawford

     Hal Crawford, President






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