Priceless Rent-A-Car vs Hertz Car Rental Franchise Comparison

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

Start-Up Costs and Fees

 
Priceless Rent-A-Car Franchise
Hertz Car Rental Franchise
Investment $339,992 - $790,266$564,300 - $2,539,000
Franchise Fee $18,000 - $75,000$25,000 - $100,000
Royalty Fee $34/car/month-
Advertising Fee $8/car/month-
Year Founded 1997-
Year Franchised 1997-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Priceless Rent-A-Car Franchise
Hertz Car Rental Franchise
Experience --

Financing Options

 
Priceless Rent-A-Car Franchise
Hertz Car Rental Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs Yes/No-/-
Equipment Yes/Yes-/-
Inventory Yes/No-/-
Receivables Yes/No-/-
Payroll No/No-/-

Training & Support

 
Priceless Rent-A-Car Franchise
Hertz Car Rental Franchise
Training On-The-Job Training: 3 days Classroom Training: 5 days -
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations -
Marketing Ad Templates National Media-
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 2 - 4

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Expansion Plans

 
Priceless Rent-A-Car Franchise
Hertz Car Rental Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

Company Overviews

About Priceless Rent-A-Car

 Since 1998, Priceless Car Rental has possessed, worked and diversified auto rental areas everywhere throughout the United States. Our unparalleled client benefit, premium armada and aggressive rates permit us to keep up our status as one of the best values in the auto rental industry.

We are effectively looking for exceptionally qualified agents to join our framework as establishment proprietors. Extremely valuable auto rental has a demonstrated model for individual financial specialists and business visionaries to discover their specialty in the lucrative $24 Billion US Car Rental market.

The way to accomplishment for our franchisees lies in the instruments we have created with more than 40 years of genuine working knowledge. From our restrictive business administration programming, access to our reservation framework, organization possessed protection and vehicle financing, and introductory and continuous preparing, Priceless Car Rental gives its establishment proprietors the instruments expected to maintain a productive vehicle rental business.

The auto rental industry has never been bigger as far as income and vehicles in administration, and we are looking for business people to spread Priceless Car Rental in little, medium, and vast markets the nation over. Our skill in the nearby rental commercial center originates from our proceeded with association and genuine experience as we commend 40 years as proprietor/administrators of vehicle rental stores and new and utilized auto dealerships.

This proceeding with association in the day by day vehicle rental business and the bigger car industry gives us a level of mastery in this fragment of the business that is the center establishment of the information we pass on to our establishment accomplices.

Our association with the car producers and our commendable reputation with our financing accomplices permit our establishment proprietors access to armada, financing and protection that would be distant for an autonomous administrator.

Veteran Incentives  $2,000 off franchise fee

About Hertz Car Rental

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Founded in 1918 in Chicago, USA, Hertz Rent A Car began life as a one-man business with a dozen cars for hire. Since then, Hertz has grown, changed and innovated until today it boasts 10,000 car hire locations across six continents and 145 countries - including the first global car rental business in China. The largest general use airport rental car provider in the world, Hertz is a globally recognized and trusted brand. Hertz founder, Walter Jacobs, invented the car rental industry and though the business has seen changes in ownership over the years, that tradition of innovation has always been retained. Hertz pioneered airport car rental locations (a sector which they continue to lead) and was the first in the market to introduce travel agent booking systems, an express service, onboard navigation, instant return, and online check-in. Committed to superior customer service and cost-efficient vehicle leasing, Hertz offers both commercial and leisure hire options.

The total investment necessary to begin operation of a new Hertz Business (excluding real estate) is $564,300 to $12,539,000. For new franchisees, this includes $25,000 to $100,000 that must be paid to the Franchisor or its affiliates. For any franchisee that is purchasing from the Parent or its affiliates the assets of certain existing car renting business locations, the investment may include a franchise fee of several hundred thousand dollars or more that must be paid to the Franchisor or its affiliates.