Dollar Rent A Car Franchise

Last Updated on July 25, 2012 by DeanR

Dollar Rent A Car Franchise

Dollar Rent A Car is a franchise for a car rental business. It was founded in 1965 and they started franchising in 1966.

Their original headquarters was in Los Angeles until they transferred to Tulsa, Oklahoma in 1994. Chrysler acquired Dollar in 1990. It became under Penstastar Transportation Group together with Thrifty Car Rental, Snappy, and General Rent A Car. Snappy and General was sold. Dollar Thrifty Automotive Group merged with Pentastar Transportation Group in November of 1997. They are associated with deveral companies such as Travelers Advantage Members, BJ’s Wholesale Clun Members, and Veterans Advantage Members. They now have several locations in Canada, Aruba, Antigua, British Virgin Islands, Bahamas, Dominican Republic, Caymen Islands, Haiti, Grenada, Puerto Rico, Jamaica, St. Maarten, Guatemala, Costa Rica, Panama, Philippines, Mexico, Saipan, Bolivia, Argentina, Columbia, Chile, Uruguay, Pero, and the United States. They currently have 94 locations in the United States, 40 in Canada, 289 in other countries, and 161 locations that are company owned.

What types of vehicles do they rent out at a Dollar Rent A Car?

For economy, they have Chevrolet Aveo. For compact, they have Ford Focus. They have the Lock, Low, and Go where they get to choose what car to give you. For mid-size, they have Hyundai Sonata. For standard, they have Ford Fusion. For full-size, they have Dodge Charger. For premium, they have Ford Crown Victoria. For luxury, they have Lincoln Town Car. For standard convertible, they have Ford Mustang Convertible. For minivan, they have Dodge Caravan. For mid-size SUV, they have Ford Escape. For mid-size open air all terrain, they have Jeep Wrangler. For standard SUV, they have Jeep Grand Cherokee. For full-size SUV, they have Ford Expedition. For premium SUV, they have Chevrolet Tahoe. For luxury SUV, they have Chevrolet Suburban. These are only a few of what they have in each type of car and the availability depends on each location.

What special services do they offer in each location?

They have airbags in the cars, on-airport and suburban rental car locations, cellular phones and business services, child safety seats, rental cars designed for physically challenged drivers, express car rental return service, ski racks at major ski destinations, and specialty vehicles like four-wheel-drive vehicles than can be useful in places such as ski destinations or convertibles in sunny states.

Cost and requirements on running a Dollar Rent-A-Car franchise

You need to have a net worth of $500,000 and a total liquid asset of at least $150,000. Expect to be investing about $639,000 to $6,819,000. The cost of the Dollar Rent A Car franchise fee is $20,000 to $500,000 with an on-going royalty fee of 6% to 8%. This is for a renewable 10 year term agreement. They allow multi-unit ownership. They do not allow absentee ownership.

What is included in the franchise package?

There will be one week training at the headquarters and one week training at your location. You will be provided with a toll free phone number and assistance at the grand opening. You will have access to the internet and purchasing cooperatives. Expect to be attending meetings and receiving occasional field evaluations.

Dollar Rent-A-Car Contact Detail

You may reach them at:

Address: 5310 E. 31st St. Tulsa, Oklahoma 74135

Phone: (800)555-9893

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