Auto by Rent, Inc. announces a low-cost, profitable franchise opportunity to 36 states throughout the U.S. with plans to expand in 2008. Auto by Rent Franchising is expanding rapidly with the projection that the sub-prime rent-to-own auto industry is in its infancy and will grow dramatically in the next few years.
Auto by Rent has four locations in the Springfield, Mo. Area, with the first location now five years old. The Auto by Rent process has been proven effective to the buyers of rent-to-own vehicles and offers a profitable business to the qualified franchisees.
Rent-to-own car dealerships make vehicle ownership possible with zero percent financing, no upfront sales tax and no license fees since the customer is renting the vehicle. In comparison to the more traditional buy-here, pay-here programs, Auto by Rent allows the franchisee to retain the title to the vehicle. Upon approval, the customer pays an origination fee of $199 or more, depending on the vehicle selected and customer profile. The customer then makes weekly payments for 18 to 30 months. At the conclusion of the rental contract, the customer receives the title for the vehicle.
In addition, the rent-to-own auto franchise thoroughly inspects all vehicles to ensure quality and offers various warranty packages to put consumers at ease about owning a used vehicle.
For more information, visit: autobyrentfranchise.com or contact William Roberts at (417) 849-1935.