Payless Car Rental vs PacLease Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Payless Car Rental vs PacLease including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Payless Car Rental Franchise
PacLease Franchise
Investment $217,900 - $6,300,000$54,250 - $154,250
Franchise Fee $15,000 - $500,000$4,000
Royalty Fee 4-5%-
Advertising Fee --
Year Founded 19711961
Year Franchised 19711980
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
Payless Car Rental Franchise
PacLease Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Payless Car Rental Franchise
    PacLease Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Payless Car Rental Franchise
    PacLease Franchise
    Training Ongoing training available as needed-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing National media-
    Operations 47% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4 - 20

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Payless Car Rental Franchise
    PacLease Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Payless Car Rental

    Payless Car Rental was established in 1971 in Spokane, Washington, by Les Netterstrom and his wife, Dusty. By 1982, their small two-location car rental business had grown to almost 100 franchises and one corporate-owned location. In 1983, the 150-location company changed its name to Payless Car Rental System Inc. In 1989, Netterstrom sold the company to a Taiwanese investment group. Eighty percent of the privately held company's franchise units are conversions; 47 percent of the franchisees own multiple locations.

    About PacLease

    "PACCAR

    PACCAR Leasing Company (PacLease) is one of the fastest-growing commercial truck leasing companies in the transportation industry.
    PacLease has independent and company-owned full-service leasing locations throughout the United States, Canada, Mexico, Europe and Australia. PacLease provides customized full-service lease, rental and contract maintenance programs designed to meet the specific needs of customers. A combination of reliable, custom-built trucks and complete service offerings allows customers to maximize the value of their transportation resources.Enter text ...