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Below is an in-depth analysis and side-by-side comparison of Price King Rent-a-Car vs Automatic Car Credit including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $120,000 | $250,000 - $416,700 |
| Franchise Fee | $59,000 - $99,000 | $10,000 - $25,000 |
| Royalty Fee | - | $125/vehicle |
| Advertising Fee | - | $500-1,000/Mo. |
| Year Founded | 1984 | - |
| Year Franchised | 1984 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | 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 | - | - |
| Marketing | - | TV 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 | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Jerry King, a past proprietor of a Lincoln-Mercury Dealership, outlined Price King Rent-A-Car to be an extra benefit community for new and utilized auto dealerships. A similar fundamental standards additionally function admirably for remain solitary lease an auto franchisees. Value King's demonstrated techniques can help you prevail in the focused lease an auto business. A portion of the advantages of the Price King framework: Ease of Operations, Exclusive Territories, Year Round Positive Cash Flow, Positive Name and Image, On Going Support, and On Site Professional Training to give some examples.