NextCar Franchise FDD, Profits & Costs (2025)
NextCar is a U.S. car rental franchise that originated in 2003 in the Mid-Atlantic market. The brand operates from its headquarters in Laurel, Maryland, and is part of NP Franchise Group, previously known as Priceless Rent-A-Car. The company expanded into franchising in 2015.
The brand offers a mix of mobility services, including daily and weekly vehicle rentals, long-term leasing options, car-sharing solutions, and pre-owned vehicle sales.
NextCar stands out by blending the personal touch of local ownership with the advantages of a national network.
By focusing on reliable vehicles, competitive pricing, and well-structured operational processes, NextCar appeals to entrepreneurs looking to enter the car-rental sector with a model designed for today’s travel and mobility market.
Initial Investment
How much does it cost to start a NextCar franchise? It costs on average between $315,000 – $1,593,000 to start a NextCar franchised facility.
This covers expenses related to setting up the rental location, acquiring the vehicle fleet and necessary equipment, and funding early operational needs. The total investment varies based on factors such as the size of the rental facility, the market you plan to serve, and whether you choose to lease or purchase your vehicles and property.
| 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 |
NextCar Franchise Disclosure Document
Frequently Asked Questions
How many NextCar locations are there?
As of the latest data, NextCar operates a total of 29 locations across its system.
What is the total investment required to open a NextCar franchise?
The total investment required to open a NextCar franchise ranges from $315,000 to $1,593,000.
What are the ongoing fees for a NextCar franchise?
A NextCar franchisee pays a 6% royalty fee on gross sales and a 2% marketing fee on gross sales.
Who owns NextCar?
A NextCar franchisee pays a 6% royalty fee on gross sales and a 2% marketing fee on gross sales.
Disclaimer
Disclaimer: This content has been made for informational and educational purposes only. SharpSheets is an independent educational resource and is not affiliated with, endorsed by, or representing any franchisor mentioned on this website. Where noted, figures are taken from the franchisor’s Franchise Disclosure Document (FDD). In some cases, we may provide independent calculations or estimates based on publicly available information. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.
