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Updated RecentlyRimTyme vs Automatic Car Credit Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of RimTyme vs Automatic Car Credit including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $321,208 - $684,250 | $250,000 - $416,700 |
| Franchise Fee | $25,000 | $10,000 - $25,000 |
| Royalty Fee | 4% | $125/vehicle |
| Advertising Fee | $250/ mo | $500-1,000/Mo. |
| Year Founded | 2005 | - |
| Year Franchised | 2007 | - |
| Term Of Agreement | 5-10 years + 5-10 | - |
| Term Of Agreement | 5-10 years + 5-10 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Do I need to have auto industry experience to purchase a franchise? We recommend that you do. However, an individual that demonstrates great people skills, business sense, is driven, and can motivate others can probably hire individuals with the necessary 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/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | 4 Weeks | Ready to learn more about auto financing, inventory control, and marketing than you ever dreamed? Automatic Car Credit has a rigorous training program ready for you. It covers every area essential to running your franchise. And ongoing training will be available on an as-needed basis. |
| Support | *Central Purchasing *Field Operation Evaluation *Field Training *Initial Store Opening *Inventory Control *Franchisee Newsletter *Regional or National Meetings | - |
| Marketing | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services *Other Marketing Support | TV and radio commercials that are clear and compelling, making Automatic Car Credit stand out from the competition. The Web site is another excellent marketing tool. There is no question: your marketing message will be loud, clear, and highly professional! |
| Operations | Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About RimTyme
RimTyme franchises provide a full and complete line of custom wheel and tire products, offered to consumers under traditional retail sales programs and under rental purchase programs. RimTyme franchises also engage in retail sales of accessory products. The RimTyme franchise prototype was developed and proven by current franchisees. These custom rim and tire stores offer same-day custom wheel and tire installations to customers at competitive prices and affordable payment plans. Compelling unit economics, combined with a well-established franchisor with over 40 years' experience, provides an unparalleled opportunity.
About Automatic Car Credit
Buckle Up! It's going to be a fast ride to your future with...Automatic Car Credit.
We're a used car dealer that specializes in helping people establish or re-establish their credit through the purchase of a vehicle. Since the early 1990's, our proven financing system has allowed thousands of customers purchase the vehicle they want, and more importantly, can afford.
We have a different selling philosophy in that we are low pressure and treat customers equally, regardless of credit worthiness. Our model allows the customer to deal with one person throughout the buying experience. Secondly, we sell credit. Pardon the pun, but the vehicle is the "vehicle" in which we do it.
Why should you choose us?
* We're a Nation on Wheels
* We're a High Octane Business
* Tough times put lender's in the driver's seat
* The Benefits are Practically Automatic!
* Automatic Franchise Support
Providing customers with the loans they need for the vehicles they can afford - while offering super-charged opportunity to a few, hard-driving franchisees.