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Updated RecentlyJ.D. Byrider Systems vs Sensible Car Rental Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of J.D. Byrider Systems vs Sensible Car Rental including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $349,750 - $672,500 | $25,000 - $30,000 |
| Franchise Fee | $50,000 | $4,000 - $7,000 |
| Royalty Fee | 2.5% | - |
| Advertising Fee | $1.5K/mo. | - |
| Year Founded | 1979 | - |
| Year Franchised | 1989 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: Varies Classroom Training: Varies Additional Training: Web-based curriculum | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | - |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations |
40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20
Absentee ownership of franchise is allowed. (28% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About J.D. Byrider Systems
Owner of a Chevrolet-Cadillac dealership in Marion, Indiana, James F. DeVoe learned how profitable used cars could be when he added a used car dealership to his operation in 1979. With a $19 ad in the local paper, DeVoe sold eight cars the first week for a gross profit of $1,000 each.
Ten years later, DeVoe founded J.D. Byrider (http://www.jdbyrider.com/) in 1989 to deliver dependable used cars and affordable financing.
Indianapolis-based J.D. Byrider specializes in 5- to 10-year-old cars sold for an average of $7,000. The target customer is a blue-collar worker with a blemished or limited credit history, a segment that has grown with the rise of personal bankruptcies. Unlike most dealerships, where customers pick a car and then figure out how to finance it, J.D. Byrider reverses the process: Credit counselors guide customers toward vehicles within their price range.
Every J.D. Byrider franchise (http://www.jdbyrider.com/) is two companies working together: a used car sales company, J.D. Byrider, and a sub-prime auto finance company, the CarNow Acceptance Co. (CNAC). Both are independently owned and operated by franchisees.
About Sensible Car Rental
Affordable Car Rental and Sensible Car Rental provide a full service franchise program at significantly lower cost than most other companies. This, in addition to our franchisee friendly corporate attitude, is one of the reasons why both of our companies have consistently ranked among Entrepreneur Magazine's top 500 franchises each year for more than 20 years. The original founders of Affordable Car Rental and Sensible Car Rental having realized the importance of servicing and maintaining a stable quality insurance program sought out a strategic partnership with one of the largest property & casualty insurance agencies in the country. Today, that partnership is stronger than ever.