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Updated RecentlyBudget Car & Truck Rental vs Payless Car Sales Inc. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Budget Car & Truck Rental vs Payless Car Sales Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $166,700 - $451,000 | $351,700 - $3,100,000 |
| Franchise Fee | $20,000 | $30,000 |
| Royalty Fee | - | $2500+/mo. |
| Advertising Fee | - | - |
| Year Founded | - | 2001 |
| Year Franchised | - | 2001 |
| Term Of Agreement | - | 5 years |
| Term Of Agreement | - | 5 years |
| Renewal Fee | - | $1000 for 5 years |
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/No |
| Start-up Costs | -/- | No/No |
| Equipment | -/- | No/No |
| Inventory | -/- | No/No |
| Receivables | -/- | No/No |
| Payroll | -/- | No/No |
Training & Support |
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| Training | - | * Available at headquarters: 2 days * At franchisee's location: 1-2 weeks |
| Support | - | - |
| Marketing | - | - |
| Operations | - | * 12% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 8 - 10 * Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Budget Car & Truck Rental
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About Payless Car Sales Inc.
Payless Car Sales is a franchise system specifically designed to provide qualified independent used car dealerships with the opportunity to affiliate with a recognized global brand. Our primary objective is to build the largest and most trusted quality pre-owned vehicle sales franchise system in the United States and beyond.