J.D. Byrider Systems

Used car sales

Owner of a Chevrolet-Cadillac dealership in Marion, Indiana, James F. DeVoe learned how profitable used cars could be when he added a used car dealership to his operation in 1979. With a $19 ad in the local paper, DeVoe sold eight cars the first week for a gross profit of $1,000 each.

Ten years later, DeVoe founded J.D. Byrider (http://www.jdbyrider.com/) in 1989 to deliver dependable used cars and affordable financing.

Indianapolis-based J.D. Byrider specializes in 5- to 10-year-old cars sold for an average of $7,000. The target customer is a blue-collar worker with a blemished or limited credit history, a segment that has grown with the rise of personal bankruptcies. Unlike most dealerships, where customers pick a car and then figure out how to finance it, J.D. Byrider reverses the process: Credit counselors guide customers toward vehicles within their price range.

Every J.D. Byrider franchise (http://www.jdbyrider.com/) is two companies working together: a used car sales company, J.D. Byrider, and a sub-prime auto finance company, the CarNow Acceptance Co. (CNAC). Both are independently owned and operated by franchisees.

Please Note: The operators of J.D. Byrider Systems, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official J.D. Byrider Systems website.

Start-up Costs & Franchises Fees

How much does it cost to open a J.D. Byrider Systems Franchises?

Total Investment: $643,700-$4,200,000
Initial Franchise Fee: $50,000
Royalty Fee: 3.5%
Advertising Fee:
Term of Agreement: 10 years

How to contact J.D. Byrider Systems

J.D. Byrider Systems Inc.
12802 Hamilton Crossing Blvd.
Carmel, IN
46032

Phone: (317)249-3000
Toll Free: (800)947-4532
Fax: (317)249-3001

Website: Visit Website

J.D. Byrider Systems News

J.d. Byrider Announces 2009 System-wide Revenue Projections, New Store Plans
J.D. Byrider, the nation's largest buy here pay here automotive franchise company, is projecting its 2009 system-wide revenue will match or exceed the 2008 revenue of $759 million, even with the current challenges within the automotive industry. J.D. Byrider has opened six new franchise lo... more

New Dallas Ft Worth Business - 1st Area J.d. Byrider
The Dallas-Ft. Worth Metroplex's first J. D. Byrider used-car dealership offers residents with credit challenges a chance to improve their ratings by buying and paying-off a carefully reconditioned vehicle. Byrider is the only used-car franchise to combine on-site financing with an on-site servi... more

Award Winning Car Dealership Relocates
On Dec. 18, the doors of a new Shadeland Avenue J.D. Byrider dealership swung wide to welcome Indianapolis-area customers with financial challenges, offering them a lift on the road back to success. After 10 years of award-winning customer service and strong portfolio performance at a 6,000-square-f... more

Nation's Largest Used Car Franchise Ranks In Top 10 Percent Of U.s. Franchise Systems
J.D. Byrider is among the top 10 percent of the most successful franchise systems in the nation, according to the latest rankings by Franchise Times. The magazine's October issue contains its annual ranking of 1,500 U.S. franchises by worldwide sales. "This ranking testifies to the hard ... more

First Nc Byrider Dealership - Economic Boon To Town Of 20,000
On Oct. 16 the doors of North Carolina's first J. D. Byrider used-car dealership will open to customers who need a hand getting back on the road to success. Triad-area residents with financing challenges will be offered the chance to own a quality used-car; use an on-site service department; and... more
View all J.D. Byrider Systems Press Releases

Franchise History

When did the first J.D. Byrider Systems open? 1979
When did J.D. Byrider Systems start Franchising? 1989

Year U.S.A. Canada International Corporate

2005 109 0 0 13

2004 127 0 0 12

2003 121 0 0 11

2002 120 0 0 12

2001 108 0 0 12

Expansion Plans

International: Canada,

Financing Options

Expense In-House Third Party

Franchise Fee No No

Startup Costs No Yes

Equipment No No

Inventory No Yes

Accounts Receivable No Yes

Payroll No No

Third Party Financing Source(s): AFC Corp.

Training & Support

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations

Marketing
Ad slicks, National media, Regional advertising

Business Operations

40% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 10 - 15

Absentee ownership of franchise is allowed. (28% of current franchisees are owner/operators)

Qualifications & Business Experience

Business Experience:

General business experience

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