Hertz Car Rental vs PacLease Franchise Comparison

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

Start-Up Costs and Fees

 
Hertz Car Rental Franchise
PacLease Franchise
Investment $564,300 - $2,539,000$54,250 - $154,250
Franchise Fee $25,000 - $100,000$4,000
Royalty Fee --
Advertising Fee --
Year Founded -1961
Year Franchised -1980
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Hertz Car Rental Franchise
PacLease Franchise
Experience --

Financing Options

 
Hertz Car Rental Franchise
PacLease Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Hertz Car Rental Franchise
PacLease Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Hertz Car Rental Franchise
PacLease Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

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.


About PacLease

"PACCAR

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 ...