Priceless Car and Truck FDD Summary
Type of Business
The primary purpose of the franchised business will be the rental of motor vehicles to the general public.
Corporate Information
Priceless Rent-A-Car, LLC is a Maryland limited liability company, organized on March 29, 2004. Their predecessor is Priceless Rent-A-Car, Inc., which merged into Priceless on March 30, 2004. The franchisor began operations as Priceless on April 1, 2004. The parent company and sole member of Priceless is Bundy American, LLC. They operate under their own name and under the marks, PRICELESS and PRICELESS CAR AND TRUCK RENTAL. Their principal business address is 11411 Rockville Pike, Kensington, MD 20895. They have sold “Priceless” franchises since April 2004 and also began offering franchises for vehicle rental businesses under the NextCar name in January 2015.
Investment
The total investment necessary to begin operation of a Priceless Car & Truck Rental franchised business is $188,254.50 to $719,607. This includes $18,000 – $75,000 that must be paid to the franchisor or affiliate.