J.D. Byrider Systems vs Affordable Car Rental Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of J.D. Byrider Systems vs Affordable Car Rental including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
J.D. Byrider Systems Franchise
Affordable Car Rental Franchise
Investment $349,750 - $672,500$25,000 - $30,000
Franchise Fee $50,000$4,000 - $7,000
Royalty Fee 2.5%-
Advertising Fee $1.5K/mo.-
Year Founded 1979-
Year Franchised 1989-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
J.D. Byrider Systems Franchise
Affordable Car Rental Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    J.D. Byrider Systems Franchise
    Affordable Car Rental Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    J.D. Byrider Systems Franchise
    Affordable Car Rental Franchise
    Training On-The-Job Training: Varies Classroom Training: Varies Additional Training: Web-based curriculum -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software -
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations 40% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12 - 20

    Absentee ownership of franchise is allowed. (28% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    J.D. Byrider Systems Franchise
    Affordable Car Rental Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About J.D. Byrider Systems

    Owner of a Chevrolet-Cadillac dealership in Marion, Indiana, James F. DeVoe learned how profitable used cars could be when he added a used car dealership to his operation in 1979. With a $19 ad in the local paper, DeVoe sold eight cars the first week for a gross profit of $1,000 each.

    Ten years later, DeVoe founded J.D. Byrider (http://www.jdbyrider.com/) in 1989 to deliver dependable used cars and affordable financing.

    Indianapolis-based J.D. Byrider specializes in 5- to 10-year-old cars sold for an average of $7,000. The target customer is a blue-collar worker with a blemished or limited credit history, a segment that has grown with the rise of personal bankruptcies. Unlike most dealerships, where customers pick a car and then figure out how to finance it, J.D. Byrider reverses the process: Credit counselors guide customers toward vehicles within their price range.

    Every J.D. Byrider franchise (http://www.jdbyrider.com/) is two companies working together: a used car sales company, J.D. Byrider, and a sub-prime auto finance company, the CarNow Acceptance Co. (CNAC). Both are independently owned and operated by franchisees.

    About Affordable Car Rental

    Affordable Car Rental, L.C. has been in the local car and truck rental industry since 1985, with over 200 locations nationwide and over 3000 vehicles on the road. Affordable Car Rental franchisees consist of automotive retail and repair facilities around the country who have realized they could fill a niche by supplying not just their own customers, but businesses as well as individuals and families in their communities with economical car and truck rentals.
    Affordable Car Rentals therefore have an edge over competition in the vehicle servicing function in the industry.