Byrider Franchising

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used car business man with a heart

1.3 Million Cars Sold and Counting! Why Customers Will Love Your Byrider Used Car Business

Since 1989, Byrider has been providing communities across the country with quality used vehicles at affordable prices, in an industry that doesn’t always enjoy the best of reputations. But from the moment we opened our very first dealership, we made it our mission to hold our used car business to a higher standard and assure our customers that we have only their best interests at heart. By adhering to this philosophy, we’ve been able to build a reputation that is unmatched and that our franchisees immediately benefit from when they become part of the Byrider brand family. Here, we’ll look at a few reasons why our customers love us and why your very own Byrider used car business might just become your town’s go-to source for reliable used transportation.

A Brand People Trust

You can’t buy a reputation; you have to build one over time. During the course of 30+ years, we’ve sold well over one million vehicles and originated more than $7 billion of retail installment contracts, making Byrider the nation’s leading used car dealership and finance enterprise. These numbers speak to the recognition and respect the Byrider name engenders, and as our franchisee, you’ll benefit from that immediately. Our customers love us because they know they can trust us, and that can make all the difference in the world as you begin your Byrider used car business. Best of all, by not having to focus on establishing your good reputation (because we’ve already done that for you), you can focus on other critical aspects of business ownership, like customer service and growth!

All Under One Roof

These days, people are paying more attention to where and how they spend their time. It has become more imperative than ever to make smart use of it if you’re leaving home, given the health crisis our nation is facing. When our customers come to us, they know they don’t have to make multiple trips to buy and finance their affordable used car — at Byrider, it’s all under one roof. Because we’re a buy-here-pay-here franchise, we can offer our customers the chance to drive a quality used car off the lot without having to go elsewhere for financing, taking a lot of stress out of the process. Our Automated Risk Evaluator tool allows us to make accurate, on-the-spot underwriting decisions, allowing franchisees the freedom to lend to whomever they want. Customers have the opportunity to establish or improve their credit, and our franchisees can be there for them in ways the competition can’t match.

Powerful Proprietary Software 

As a Byrider franchisee, you’ll have more time to devote to customer service thanks to our Discover™ Software system that helps you manage all aspects of running your used car business. From accounting, sales, and customer relations to underwriting, service department management, and collections, you’ll enjoy complete control over these essential aspects of running your dealership more smoothly and efficiently.

If you’re ready to find out more about the Byrider used car business opportunity, we’d love to hear from you, so reach out today!

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The reference to $1,522,305 above represents the two-year annual average net income from operations during the period between January 1, 2020 and December 31, 2021 (“Traditional Measurement Period”) for the top 25%, or 26 of the 107 franchisee-owned Byrider Traditional stores. 38.4%, or 10 of those 26 Traditional Mature Stores, met or exceeded that two-year annual average. The entire set of 107 Traditional Mature Stores generated a two-year annual average net income from operations of $721,720 during the Traditional Measurement Period. 42.06%, or 45 of the 107 Traditional Mature Stores, met or exceeded that average. More detailed information regarding Traditional Mature Stores, including the average net income from operations for the bottom 25% of the Traditional Mature Stores, can be found in Byrider Franchising, LLC’s Franchise Disclosure Document dated July 6, 2022. This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for informational purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction. © Byrider Franchising, LLC. 12802 Hamilton Crossing Blvd., Carmel, Indiana 46032. All Rights Reserved.

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  • About Us
    ▼
    • Meet Team
  • Why Byrider?
  • The Opportunity
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    • The Process
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    • The Investment
  • Available Territories
  • Resources
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    • FAQs
    • News
    • Tour of a Dealership
  • Learn More
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