Priceless Rent-A-Car logo

Priceless Rent-A-Car

Auto rentals

Investment

$339,992

Initial Franchise Fee

$20,000 - $100,000

Units

42

Growth Rate

+100.0%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Automotive
Founded 1997
Franchising Since 1997
Parent Company NP Franchise Group
Leadership Michael DeLorenzo, President
# of Employees at HQ 20
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Units and Growth Chart

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About Priceless Rent-A-Car

Sadly, whether they are foreign or local, all cars can fail every once in a while. Priceless Rent-A-Car is a service that strives to ensure that you can get an affordable replacement when your car goes in for service or repairs.

Founded in 1997, Priceless Rent-A-Car responded to customer needs by providing affordable and quality rentals across the United States. For customers, Priceless Rent-A-Car may be a go-to place for quality and safety-oriented car replacements at friendly prices.

Customers may love Priceless Rent-A-Car because the brand offers well-maintained cars for as long as customers need. From luxury sedans to minivans, Priceless Rent-A-Car believes it has an automobile for everyone.

Priceless Rent-A-Car began franchising soon after it was founded and has since expanded to more than 25 franchises in the United States.

Why You May Want To Start a Priceless Rent-A-Car Franchise

If you believe in the philosophy of quality first, profit second, then opening a Priceless Rent-A-Car franchise might be an excellent opportunity for you. As a brand that leases cars to customers on-demand, the brand prioritizes customer satisfaction with each transaction.

Potential franchisees are individuals with great customer service skills and attention to detail. With the car rental industry in good shape, providers with realistic prices and services may be highly sought after by clients. With a national presence and strong brand recognition, opening aPriceless Rent-A-Car franchise could offer a more promising outcome than that of a completely new brand.

What Might Make a Priceless Rent-A-Car Franchise a Good Choice?

Priceless Rent-A-Car believes it offers more than a product, but a way of life that can improve the quality of life for customers. As a place that attempts to deliver the gifts of mobility, safety, and convenience to customers, Priceless Rent-A-Car believes it is a brand with great influence and impact.

Franchisees are responsible for running Priceless Rent-A-Car units to meet customer needs. Franchisees will play a significant role in creating efficient business operations, from servicing and maintaining automobiles to quality customer service and 24/7 support. 

To be part of the Priceless Rent-A-Car team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

How To Open a Priceless Rent-A-Car Franchise

Make sure to research the brand and your local area to see if a Priceless Rent-A-Car would do well in your community. Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Priceless Rent-A-Car franchising team questions.

If awarded a franchise, franchisees may support from the Priceless Rent-A-Car brand throughout the franchising process. In addition to pre-opening training, franchisees could receive support through brand awareness, marketing, research, and construction. They also may receive hands-on training and continued support after their units have opened.

Investment Details

Initial Franchise Fee $20,000 - $100,000
Initial Investment $339,992 - $790,226
Cash Requirement
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Royalty Fee
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Ad Royalty Fee
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Term of Agreement
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Is Franchise Term Renewable?
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Financing
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Available Territories

Franchising opportunities available in the following regions

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Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
9IK
Classroom Training
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Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

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Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
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Can this franchise be run from home/mobile unit?
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Can this franchise be run part time?
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# of employees required to run
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Are exclusive territories available?
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Veterans program
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Ranking History

Priceless Rent-A-Car performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022