Priceless Car & Truck Rental

Home
Automotive
Other Automotive

Priceless Car & Truck Rental

Priceless Car & Truck Rental Franchise FDD, Costs & Fees (2025)

Priceless Car & Truck Rental offers affordable car and truck rental services, providing transportation solutions for individuals and businesses.

Founded in 1998, Priceless Car & Truck Rental was created to offer affordable, high-quality rental vehicles through a network of locally owned and operated locations throughout the United States.

As part of the NP Franchise Group—an organization with more than four decades of expertise in vehicle rental franchising—Priceless has earned recognition for its outstanding customer care and competitive pricing.

Based in Laurel, Maryland, the company offers a wide variety of vehicles to suit all types of travelers. From compact cars and luxury sedans to minivans, SUVs, cargo vans, and trucks, customers can rent by the hour, day, week, or month—making it easy to find a flexible solution that fits their needs.

This broad selection, paired with a focus on friendly, personalized service, helps Priceless stand out in a crowded marketplace. The brand’s commitment to meeting the unique needs of each customer is central to its success and continues to drive its growth.

Initial investment

Here's what you would need to invest 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 $500 - $25,000
Initial Customer Service Deposit $500 - $2,000
Real Estate $6,000 - $24,000
Leasehold Improvements $2,000 - $12,000
Equipment, Fixtures, Furniture and Signs $2,000 - $20,000
Rental vehicles $150,000 - $1,500,000
Training and Travel Expenses $1,500 - $5,000
Computer Hardware $3,500 - $15,000
Computer Software $754.50 - $7,983
Additional Onsite Computer Software Training $0 - $3,500
Opening Advertising, Deposits, and Miscellaneous Costs $2,500 - $5,000
Vehicle Insurance $5,000 - $37,000
Additional Funds - 3 months operating capital $15,000 - $45,000
TOTAL ESTIMATED INITIAL INVESTMENT $214,255 - $1,826,483
Type of Expenditure Amount
Initial franchise fee $25,000 - $125,000
Initial Reservations Deposit $500 - $25,000
Initial Customer Service Deposit $500 - $2,000
Real Estate $6,000 - $24,000
Leasehold Improvements $2,000 - $12,000
Equipment, Fixtures, Furniture and Signs $2,000 - $20,000
Rental vehicles $150,000 - $1,500,000
Training and Travel Expenses $1,500 - $5,000
Computer Hardware $3,500 - $15,000
Computer Software $754.50 - $7,983
Additional Onsite Computer Software Training $0 - $3,500
Opening Advertising, Deposits, and Miscellaneous Costs $2,500 - $5,000
Vehicle Insurance $5,000 - $37,000
Additional Funds - 3 months operating capital $15,000 - $45,000
TOTAL ESTIMATED INITIAL INVESTMENT $214,255 - $1,826,483

Franchise Disclosure Document

Number of units

Training

Priceless provides comprehensive training programs to ensure that franchisees are well-prepared to operate a Priceless Vehicle Rental Business. The training offered by the franchisor includes the following:

  1. Initial Operations Training: This program must be completed by the franchisee and/or their General Manager before the business opens. It focuses on the company’s philosophy, System standards, and operational essentials. The training typically lasts 4 to 5 days and is held at the Franchisee Service Center in Laurel, Maryland, or optionally at a regional site. Instructional materials include the Operating Manual, rental agreements, operational reports, and other business documents.
  2. On-the-Job Training: After completing Initial Operations Training, franchisees or their managers may receive hands-on training at a company store. This optional program varies in content based on daily operational issues and includes no additional training fee, although participants must cover their travel and living expenses.
  3. Additional and Refresher Training: Priceless periodically offers further training through regional and national meetings, online classes, webinars, and live sessions. These may carry reasonable fees, and franchisees will be informed in advance of any costs.
  4. Rental Car Online University (RCOLU): This resource offers 100 to 300 courses, including online and live formats, covering Rental Counter Practices, Business Management, Communication, Technical Skills, and Employment Practices. Enrollment is flexible and discretionary for franchisees and their employees. A general $25 monthly fee applies, but individual course fees are waived.

Territory Protection

Priceless offers territory protection only for certain franchise types. Franchisees with a Six-Mile Primary Service Area or an Airport Franchise receive exclusive rights to operate within their defined territory, as long as they comply with the agreement.

Single Point Franchises receive no territorial protection. The franchisor may open or authorize other Priceless or non-Priceless businesses nearby, even within the same area.

Competitors

Below are some of

Priceless Car & Truck Rental

key competitors in the

Other Automotive

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Upgrade
Gross Profit
Upgrade
EBITDA
Upgrade

37

New
+
-3%
-3%

$25,000

$214,000

$1,826,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Competitors

NextCar

Franchisees

?

12
+
9%
9%
Investment

?

$315,000 - $1,593,000

Auto Appraisal Network

Franchisees

?

20
+
18%
18%
Investment

?

$17,000 - $44,000

Velofix

Velofix is a mobile bicycle repair and service franchise offering on-site maintenance, parts and rental fleets, serving cyclists and active customers, and known for low overhead, mobile flexibility and a franchise-ready support system.

Franchisees

?

34
+
-33%
-33%
Investment

?

$203,000 - $252,000

Thrifty Car Rental

Thrifty Car Rental is a vehicle-rental franchise offering airport and local car hire services, serving business and leisure travellers, and known for recognizable brand strength, broad global presence and scalable fleet-management business model.

Franchisees

?

73
+
9%
9%
Investment

?

$879,000 - $15,874,000

RimTyme

RimTyme Custom Wheels & Tires is an automotive retail franchise offering custom wheels, tires, and rent-to-own payment plans, serving vehicle enthusiasts seeking upgrades, and known for same-day installations, flexible financing and a targeted niche market.

Franchisees

?

29
+
-22%
-22%
Investment

?

$473,000 - $802,000

SailTime

SailTime is a boating-lifestyle franchise offering fractional ownership, boat club memberships and watercraft access services, serving recreational boaters and lifestyle-seeking customers, and known for turnkey business operations, proprietary software and proven network support.

Franchisees

?

21
+
-13%
-13%
Investment

?

$75,000 - $152,000