Rent-A-Wreck vs Priceless Rent-A-Car Franchise Comparison

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

Start-Up Costs and Fees

 
Rent-A-Wreck Franchise
Priceless Rent-A-Car Franchise
Investment $36,600 - $211,000 $188,255 - $719,607
Franchise Fee $18,000 - $75,000 $18,000 - $75,000
Royalty Fee $30/car/mo. $34/car/month
Advertising Fee - $8/car/month
Year Founded 1970 1997
Year Franchised 1977 1997
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee - -


Business Experience Requirements

 
Rent-A-Wreck Franchise
Priceless Rent-A-Car Franchise
Experience - -

Financing Options

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

Training & Support

 
Rent-A-Wreck Franchise
Priceless Rent-A-Car Franchise
Training Rent-A-Wreck has a comprehensive five-day initial training seminar that covers all the information you need to open a successful Rent-A-Wreck business. In addition, we also provide opportunities for you to continually expand your knowledge with resources such as our webinars, quarterly newsletters, and regional and national franchisee meetings. On-The-Job Training: 3 days Classroom Training: 5 days
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing Co-op advertising, Ad slicks, National media, Regional advertising Ad Templates National Media
Operations International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

Absentee Ownership Allowed

Number of Employees Required to Run: 2 - 4


Expansion Plans

 
Rent-A-Wreck Franchise
Priceless Rent-A-Car Franchise
US Expansion - Yes
Canada Expansion No No
International Expansion Yes Yes

Start-Up Costs and Fees Mobile

Investment
Rent-A-Wreck Franchise
$36,600 - $211,000
Priceless Rent-A-Car Franchise
$188,255 - $719,607
Franchise Fee
Rent-A-Wreck Franchise
$18,000 - $75,000
Priceless Rent-A-Car Franchise
$18,000 - $75,000
Royalty Fee
Rent-A-Wreck Franchise
$30/car/mo.
Priceless Rent-A-Car Franchise
$34/car/month
Advertising Fee
Rent-A-Wreck Franchise
-
Priceless Rent-A-Car Franchise
$8/car/month
Year Founded
Rent-A-Wreck Franchise
1970
Priceless Rent-A-Car Franchise
1997
Year Franchised
Rent-A-Wreck Franchise
1977
Priceless Rent-A-Car Franchise
1997
Term Of Agreement
Rent-A-Wreck Franchise
10 years
Priceless Rent-A-Car Franchise
-
Renewal Fee
Rent-A-Wreck Franchise
-
Priceless Rent-A-Car Franchise
-


Business Experience Requirements

Experience
Rent-A-Wreck Franchise
-
Priceless Rent-A-Car Franchise
-

Financing Options

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

Training & Support

Training
Rent-A-Wreck Franchise
Rent-A-Wreck has a comprehensive five-day initial training seminar that covers all the information you need to open a successful Rent-A-Wreck business. In addition, we also provide opportunities for you to continually expand your knowledge with resources such as our webinars, quarterly newsletters, and regional and national franchisee meetings.
Priceless Rent-A-Car Franchise
On-The-Job Training: 3 days Classroom Training: 5 days
Support
Rent-A-Wreck Franchise
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Priceless Rent-A-Car Franchise
Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing
Rent-A-Wreck Franchise
Co-op advertising, Ad slicks, National media, Regional advertising
Priceless Rent-A-Car Franchise
Ad Templates National Media
Operations
Rent-A-Wreck Franchise
International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

Priceless Rent-A-Car Franchise
Absentee Ownership Allowed

Number of Employees Required to Run: 2 - 4


Expansion Plans

US Expansion
Rent-A-Wreck Franchise
-
Priceless Rent-A-Car Franchise
Yes
Canada Expansion
Rent-A-Wreck Franchise
No
Priceless Rent-A-Car Franchise
No
International Expansion
Rent-A-Wreck Franchise
Yes
Priceless Rent-A-Car Franchise
Yes

Company Overviews

About Rent-A-Wreck

Since 1969, Rent-A-Wreck has owned, operated and franchised car rental locations all over the United States and in Scandinavia. Our unparalleled customer service, unique fleet of used vehicles and the resulting competitive rates we offer to the public, allow us to maintain our status as one of the best values in the car rental industry.

  • We are actively seeking highly qualified business people to join our system as franchise owners.
  • One of the Rent-A-Wreck system's greatest assets is its long, positive history and strong presence, which ultimately enhances the value of each franchise by widely promoting the Rent-A-Wreck brand.
  • Rent-A-Wreck has franchise opportunities available in the United States and internationally.
  • Explore the franchise section of our site for more information, and discover how you can own a piece of the Wreck!

    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