Thrifty Car Sales vs Hertz Car Rental Franchise Comparison

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

Start-Up Costs and Fees
 
Thrifty Car Sales Franchise
Hertz Car Rental Franchise
Investment $765,000 - $4,000,000$564,300 - $2,539,000
Franchise Fee $35,000$25,000 - $100,000
Royalty Fee $110+/vehicle-
Advertising Fee --
Year Founded 1998-
Year Franchised 1998-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
Thrifty Car Sales Franchise
Hertz Car Rental Franchise
Experience Thrifty is looking for energetic individuals who enjoy working within the travel and/or automotive field. Ideal candidates should have an entrepreneurial spirit, solid business and sales skills, and be an active part of the communities in which they live and work. A background in car rental, although a plus, is not a requirement.-

Financing Options
 
Thrifty Car Sales Franchise
Hertz Car Rental Franchise
  In-House/3rd PartyIn-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
 
Thrifty Car Sales Franchise
Hertz Car Rental Franchise
Training Your comprehensive training program includes franchisee onboarding training sessions at Thrifty zone offices, online training, and webinar training. Additionally, you will have access to training and support resources on an ongoing basis.-
Support Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives-
Marketing Ad slicks-
Operations 19% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 10 - 14

Absentee ownership of franchise is allowed. (92% of current franchisees are owner/operators)

-

Expansion Plans
 
Thrifty Car Sales Franchise
Hertz Car Rental Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Thrifty Car Sales

Thrifty Car Sales is a subsidiary of Dollar Thrifty Automotive Group, Inc. (NYSE:DTG), a Fortune 1000 Company headquartered in Tulsa, Oklahoma.
Dealerships offer late model, low mileage vehicles. Thrifty Certified vehicles pass extensive inspection and are backed by a limited warranty.
Their experienced staff provides an extensive array of support services to their dealers including operational support, training, marketing and advertising.

Thrifty Car Sales franchisees also benefit from a full-service Business Development Center and a top notch website solution to drive traffic to our dealerships.

Our experienced staff provides an extensive array of support services to our dealers including operational support, training, marketing and advertising. Our Thrifty Car Sales franchisees also benefit from a full-service business development center and a top notch website solution to drive traffic to our dealerships.

Dealerships offer late model, low mileage vehicles. Thrifty Certified® vehicles pass extensive inspection and are backed by a limited warranty.


About Hertz Car Rental

"hertz

Founded in 1918 in Chicago, USA, Hertz Rent A Car began life as a one-man business with a dozen cars for hire. Since then, Hertz has grown, changed and innovated until today it boasts 10,000 car hire locations across six continents and 145 countries - including the first global car rental business in China. The largest general use airport rental car provider in the world, Hertz is a globally recognized and trusted brand. Hertz founder, Walter Jacobs, invented the car rental industry and though the business has seen changes in ownership over the years, that tradition of innovation has always been retained. Hertz pioneered airport car rental locations (a sector which they continue to lead) and was the first in the market to introduce travel agent booking systems, an express service, onboard navigation, instant return, and online check-in. Committed to superior customer service and cost-efficient vehicle leasing, Hertz offers both commercial and leisure hire options.

The total investment necessary to begin operation of a new Hertz Business (excluding real estate) is $564,300 to $12,539,000. For new franchisees, this includes $25,000 to $100,000 that must be paid to the Franchisor or its affiliates. For any franchisee that is purchasing from the Parent or its affiliates the assets of certain existing car renting business locations, the investment may include a franchise fee of several hundred thousand dollars or more that must be paid to the Franchisor or its affiliates.