NextCar is a vehicle rental franchise offering neighborhood and airport car rentals, leasing, and related mobility services, serving travelers and corporate accounts, and known for flexible franchise support, robust reservation systems, and affiliation with the NP Franchise Group network.
KEY FRANCHISE STATS
Franchisees
?
12
+
9%
9%
Franchise fee
?
$25,000
Investment
?
$315,000 - $1,593,000
Revenue (AUV)
?
Undisclosed
$0
+
n.a.
n.a.
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NextCar is a U.S.-based car rental franchise brand founded in 2003 in the Mid-Atlantic region. Headquartered in Laurel, Maryland, the company is part of NP Franchise Group (formerly Priceless Rent-A-Car) and began offering franchise opportunities in 2015.
At its core, NextCar provides vehicle rental, leasing, car sharing and used car sales services to short-term and long-term customers.
It differentiates itself through a locally-owned feel combined with corporate-scale support, offering franchisees training, proprietary reservation and fleet‐management software, and access to preferred vehicle-acquisition and insurance programs.
With its focus on quality rental vehicles at lower rates and strong operational systems, NextCar positions itself as a compelling choice for entrefor entrepreneurs seeking a car-rental business aligned with both travel and mobility trends.
Initial investment
The initial investment required for a NextCar franchise is
$315,000 - $1,593,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial franchise fee
$25,000 – $125,000
Initial Reservations Deposit
$750 – $25,000
Initial Customer Service Deposit
$750 – $2,750
Real Estate
$6,000 – $24,000
Leasehold Improvements
$2,000 – $12,000
Equipment, Fixtures, Furniture and Signs
$2,000 – $20,000
Rental vehicles
$250,000 – $1,250,000
Training and Travel Expenses
$1,500 – $5,000
Computer Hardware
$3,900 – $15,800
Computer Software
$834 – $7,983
Additional Onsite Computer Software Training
$0 – $3,500
Opening Advertising, Deposits, and Miscellaneous Costs
$2,500 – $5,000
Vehicle Insurance
$5,000 – $50,000
Additional Funds - 3 months
$15,150 – $46,500
Total Estimated Initial Investment
$315,384 – $1,592,533
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Type of Expenditure
Amount
Initial franchise fee
$25,000 – $125,000
Initial Reservations Deposit
$750 – $25,000
Initial Customer Service Deposit
$750 – $2,750
Real Estate
$6,000 – $24,000
Leasehold Improvements
$2,000 – $12,000
Equipment, Fixtures, Furniture and Signs
$2,000 – $20,000
Rental vehicles
$250,000 – $1,250,000
Training and Travel Expenses
$1,500 – $5,000
Computer Hardware
$3,900 – $15,800
Computer Software
$834 – $7,983
Additional Onsite Computer Software Training
$0 – $3,500
Opening Advertising, Deposits, and Miscellaneous Costs
$2,500 – $5,000
Vehicle Insurance
$5,000 – $50,000
Additional Funds - 3 months
$15,150 – $46,500
Total Estimated Initial Investment
$315,384 – $1,592,533
Franchise Disclosure Document
Below is NextCar's 2025 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
NextCar had 29 total units in 2025, of which 12 were franchised-owned and 17 company-owned.
Frequently Asked Questions
What is the royalty fee?
The royalty fee for a NextCar franchise is 4.00%. In addition, you would have to pay the advertising (or national brand fund) fee of 1.00%.
What is the total investment?
The initial investment required for a NextCar franchise is $315,000 - $1,593,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
What is the initial franchise fee?
The initial franchise fee for a NextCar franchise is $25,000. This is typically paid upfront as part of the total initial investment, after signature of the Franchise Agreeement.
NextCar provides a comprehensive training program aimed at equipping franchisees with the essential knowledge to operate their vehicle rental business effectively. The training is included in the Initial Franchise Fee and is conducted at the Franchisee Service Center in Laurel, Maryland, or optionally at a regional site selected by the franchisee.
Initial Operations Training: Lasting 4 to 5 days, this program covers NextCar’s operational standards and system philosophy. Trainees are responsible for their own travel and lodging expenses.
On-the-Job Training: After completing the initial training, franchisees and general managers may opt for additional on-the-job training at a company store. This is optional and free of charge, but travel and living expenses are the trainee’s responsibility.
Rental Car Online University (RCOLU): Franchisees pay a $27 monthly fee for access to online training for up to three employees, with a $9 charge for each additional participant. This program includes topics such as rental counter practices, business management, and employment practices.
Ongoing Training and Resources: Includes periodic webinars, live classes, newsletters, and consultations. These may incur a reasonable fee and are designed to keep franchisees updated on best practices.
Annual Convention and Additional Training: NextCar may hold conventions and require further training attendance. Costs for travel and participation are borne by the franchisee.
Territory Protection
NextCar offers territory protection to franchisees who operate under a Primary Service Area or Airport Location agreement. In these cases, as long as the franchisee complies with their agreement, the franchisor will not authorize another NextCar location within that defined area.
The territory is specified in the franchise agreement and may be reduced or modified if fleet minimums are not met. However, this protection does not apply to Single Point Franchises, which are site-specific and offer no territorial exclusivity.
Additionally, NextCar and its affiliates reserve broad rights to operate under other trade names or service marks within and outside any franchisee’s area. This means franchisees may still face competition from affiliated brands or different distribution channels operated by the franchisor.