Rent-A-Wreck vs Automatic Car Credit Franchise Comparison

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

Start-Up Costs and Fees

 
Rent-A-Wreck Franchise
Automatic Car Credit Franchise
Investment $36,600 - $211,000$250,000 - $416,700
Franchise Fee $18,000 - $75,000$10,000 - $25,000
Royalty Fee $30/car/mo.$125/vehicle
Advertising Fee -$500-1,000/Mo.
Year Founded 1970-
Year Franchised 1977-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Rent-A-Wreck Franchise
Automatic Car Credit Franchise
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

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

Training & Support

 
Rent-A-Wreck Franchise
Automatic Car Credit 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.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 Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media, Regional advertisingTV 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 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)

-

Expansion Plans

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

Company Overviews

About Rent-A-Wreck

Rent-A-Wreck is the Smart AlternativeTM to all your car rental needs. Founded in 1968 and franchising since 1973, we are one of the best-known neighborhood car rental companies in the U.S. and global market.

'Do you really rent wrecks?'

After being in business for many years with one of the most unique and memorable corporate names, we still get calls from people every day asking this question.

Rest assured, our vehicles are more like the cars you drive everyday. We keep our fleet of cars, trucks, and vans clean and well maintained; they are far from wrecks! We hope that our funny name helps you to remember us, and our low cost rentals and high quality customer service will earn and keep your business.

Whether you need a rental vehicle for business, pleasure or something in between, Rent-a-Wreck is here for all your driving needs. Many of our locations stock economy cars and full size luxury sedans; and they also offer pickup trucks, box trucks, min-vans, cargo vans, 15-passenger vans, SUVs, and station wagons for rent as well!

Try any of our locations across the United States and internationally in Norway, Sweden and Denmark.

  • Rent-A-Wreck has franchise opportunities available in the United States and internationally.

  • 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.