J.D. Byrider Systems vs PacLease Franchise Comparison

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

Start-Up Costs and Fees
 
J.D. Byrider Systems Franchise
PacLease Franchise
Investment $349,750 - $672,500$54,250 - $154,250
Franchise Fee $50,000$4,000
Royalty Fee 2.5%-
Advertising Fee $1.5K/mo.-
Year Founded 19791961
Year Franchised 19891980
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
J.D. Byrider Systems Franchise
PacLease Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    J.D. Byrider Systems 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/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    J.D. Byrider Systems Franchise
    PacLease Franchise
    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)

    		-

    Expansion Plans
     
    J.D. Byrider Systems Franchise
    PacLease Franchise
    US Expansion YesYes
    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 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 ...