Three Things to Look for in a Used Car Franchise Opportunity
If you’re thinking of investing in a used car franchise opportunity, we believe you’re wise to do so. Ours is a robust industry that more and more consumers are turning to; they know there’s often real value in buying a used vehicle over a new one. Having said that, not all used car franchise opportunities are created equal. That’s why it’s important to conduct your due diligence before making any decisions on which one to invest in.
Byrider is the nation’s leading used car dealership and finance enterprise, and we’re proud to be able to provide hundreds of communities across the country the chance to purchase quality used cars at affordable prices. We’re also excited to offer investors a premier used car franchise opportunity. Let’s look at three things you should be considering while weighing your investment options in our franchise industry:
1. Brand Name Recognition
When you start your own business as an independent owner, you’ll need to spend a lot of time building a reputation, which is especially important to do when you go into the used car industry. Partnering with a franchise can make that job easier, but only if you do so with a trusted, respected and recognized brand. Byrider is that brand.
We’ve been in business since 1989, and in that time, we’ve helped more than one million consumers find and drive quality used cars at affordable prices. The Byrider brand is one that is already known for its excellence in products and services, and you’ll immediately benefit from that reputation, from the moment you open your Byrider dealership doors. You won’t have to spend months, even years, growing your good reputation because we’ve already done that for you.
2. Cutting-Edge Technology
We didn’t become the nation’s leading buy-here-pay-here used car dealership by accident. It took our commitment to excellence and a dedication to utilizing the best in what our industry has to offer to reach that status. Today, our franchisees run every aspect of their dealerships using our proprietary Discover™ software system, helping them keep track of accounting, sales, customer relations, underwriting, overhead, and much more. This kind of robust technology is a hallmark of the Byrider used car franchise opportunity, allowing our franchisees to be less consumed by day-to-day operations and more able to focus on customer service and growth.
3. Franchisor Support
You might think that in order to take advantage of the Byrider used car franchise opportunity you’d need prior experience in the used car industry — but in fact, you don’t! That’s because our franchise team of experts will bring you up to speed on everything you need to know to get your dealership going. Before you open your doors, you’ll enjoy formal training at the Byrider Training Center, in Carmel, IN, where we’ll go over topics like finding quality inventory, using our proprietary software, and hiring qualified staff. After that, you’ll benefit from regional training throughout the year, and have access to our OnTrack-Online learning resource, our operations manual, and expert advice from our franchise consultants anytime you need it. We’ll be with you, every step of the way, because we know the Byrider name depends on it.
These are just three of the many advantages you’ll enjoy when you partner with Byrider. Ready to find out more? Get in touch with us today!