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Updated RecentlyPayless Car Sales Inc. vs PacLease Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Payless Car Sales Inc. vs PacLease including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $351,700 - $3,100,000 | $54,250 - $154,250 |
| Franchise Fee | $30,000 | $4,000 |
| Royalty Fee | $2500+/mo. | - |
| Advertising Fee | - | - |
| Year Founded | 2001 | 1961 |
| Year Franchised | 2001 | 1980 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $1000 for 5 years | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | * Available at headquarters: 2 days * At franchisee's location: 1-2 weeks | - |
| Support | - | - |
| Marketing | - | - |
| Operations | * 12% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 8 - 10 * Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Payless Car Sales Inc.
Payless Car Sales is a franchise system specifically designed to provide qualified independent used car dealerships with the opportunity to affiliate with a recognized global brand. Our primary objective is to build the largest and most trusted quality pre-owned vehicle sales franchise system in the United States and beyond.
About PacLease
!["PACCAR]("https://fddexchange.com/wp-content/uploads/2019/02/PACCAR-Leasing-Company-300x83.png")
PACCAR Leasing Company (PacLease) is one of the fastest-growing
commercial truck leasing companies in the transportation industry.
PacLease has independent and company-owned full-service leasing
locations throughout the United States, Canada, Mexico, Europe and
Australia. PacLease provides customized full-service lease, rental and
contract maintenance programs designed to meet the specific needs of
customers. A combination of reliable, custom-built trucks and complete
service offerings allows customers to maximize the value of their
transportation resources.Enter text ...