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

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

Start-Up Costs and Fees

 
Payless Car Rental Franchise
Priceless Rent-A-Car Franchise
Investment $217,900 - $6,300,000 $188,255 - $719,607
Franchise Fee $15,000 - $500,000 $18,000 - $75,000
Royalty Fee 4-5% $34/car/month
Advertising Fee - $8/car/month
Year Founded 1971 1997
Year Franchised 1971 1997
Term Of Agreement 5 years -
Term Of Agreement 5 years -
Renewal Fee $2.5K -


Business Experience Requirements

 
Payless Car Rental Franchise
Priceless Rent-A-Car Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Payless Car Rental Franchise
    Priceless Rent-A-Car Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees No/Yes 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

     
    Payless Car Rental Franchise
    Priceless Rent-A-Car Franchise
    Training Ongoing training available as needed 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 National media Ad Templates National Media
    Operations 47% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4 - 20

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    Absentee Ownership Allowed

    Number of Employees Required to Run: 2 - 4


    Expansion Plans

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

    Start-Up Costs and Fees Mobile

    Investment
    Payless Car Rental Franchise
    $217,900 - $6,300,000
    Priceless Rent-A-Car Franchise
    $188,255 - $719,607
    Franchise Fee
    Payless Car Rental Franchise
    $15,000 - $500,000
    Priceless Rent-A-Car Franchise
    $18,000 - $75,000
    Royalty Fee
    Payless Car Rental Franchise
    4-5%
    Priceless Rent-A-Car Franchise
    $34/car/month
    Advertising Fee
    Payless Car Rental Franchise
    -
    Priceless Rent-A-Car Franchise
    $8/car/month
    Year Founded
    Payless Car Rental Franchise
    1971
    Priceless Rent-A-Car Franchise
    1997
    Year Franchised
    Payless Car Rental Franchise
    1971
    Priceless Rent-A-Car Franchise
    1997
    Term Of Agreement
    Payless Car Rental Franchise
    5 years
    Priceless Rent-A-Car Franchise
    -
    Renewal Fee
    Payless Car Rental Franchise
    $2.5K
    Priceless Rent-A-Car Franchise
    -


    Business Experience Requirements

    Experience
    Payless Car Rental Franchise

  • Industry experience
  • General business experience
  • Priceless Rent-A-Car Franchise
    -

    Financing Options

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

    Training & Support

    Training
    Payless Car Rental Franchise
    Ongoing training available as needed
    Priceless Rent-A-Car Franchise
    On-The-Job Training: 3 days Classroom Training: 5 days
    Support
    Payless Car Rental 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
    Payless Car Rental Franchise
    National media
    Priceless Rent-A-Car Franchise
    Ad Templates National Media
    Operations
    Payless Car Rental Franchise
    47% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4 - 20

    Absentee ownership of franchise is allowed. (75% 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
    Payless Car Rental Franchise
    -
    Priceless Rent-A-Car Franchise
    Yes
    Canada Expansion
    Payless Car Rental Franchise
    No
    Priceless Rent-A-Car Franchise
    No
    International Expansion
    Payless Car Rental Franchise
    Yes
    Priceless Rent-A-Car Franchise
    Yes

    Company Overviews

    About Payless Car Rental

    Payless Car Rental was established in 1971 in Spokane, Washington, by Les Netterstrom and his wife, Dusty. By 1982, their small two-location car rental business had grown to almost 100 franchises and one corporate-owned location. In 1983, the 150-location company changed its name to Payless Car Rental System Inc. In 1989, Netterstrom sold the company to a Taiwanese investment group. Eighty percent of the privately held company's franchise units are conversions; 47 percent of the franchisees own multiple locations.

    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