J.D. Byrider is America's largest and most respected used car sales and dealer carried finance company. We serve an enormous market of consumers with troubled credit who turn to us to obtain reliable transportation when the traditional lenders and dealers have failed them. For over 20 years we have defined the evolution of our industry by providing better cars, affordable payments and better car care - including warranties and other money-saving benefits our customers simply cannot find anywhere else in the market. With J.D. Byrider you are in complete control. You don't rely on banks to approve your customers because you are the bank! This is a one-of-a-kind franchise opportunity. No other company offers a franchise opportunity in this unique and highly profitable business segment.
The JD Byrider Business Model
What is J.D. Byrider? We are a vertically integrated Used Car Sales and Dealer Carried Finance business serving the under-banked, lower credit consumer market. We provide our customers a program to help them advance their lives by extending credit when no one else will and report their positive behavior to all three credit bureaus.
Vertical integration allows you as a franchisee to maintain complete control over your business and provides maximum profitability. There are six unique aspects to this business model:
- Buying - We purchase a 4-10 year old vehicle with 70,000-110,000 miles. These are purchased at both auctions and through wholesalers. We help train you to effectively purchase vehicles that are mechanically sound and reliable.
- Recondition - We fully inspect each vehicle with a 120 point inspection checklist and ensure the vehicle will be reliable by spending an average of $1,500 on new parts and labor. We give you data that shows where your money is most effectively spent to maximize reliability.
- Selling - At J.D. Byrider we focus on driving customers to your door. Industry leading advertising, internet lead generation and a world class CRM system provides your sales staff with the tools necessary to bring potential customers to the table.
- Service - We do not sell another company's warranty. We back our own warranty with a service department who are trained to provide what our customers tell us is the best service experience in the entire auto industry. Our industry leading 90%+ Customer Satisfaction Ratings prove that out.
- Underwriting - Make no mistake, a franchise with J.D. Byrider is an opportunity to become a lender. Choosing the right customers to provide financing to is crucial to the performance of your business. Our world class technology in the form of our proprietary Discover Software system with our Automated Risk Evaluator ensures you have the best tools to help you make the best decisions.
- Collections - Our philosophy at J.D. Byrider is to establish a strong relationship with our customers so we approach collections with that in mind. Our goal is to keep a customer in the vehicle if they are honest and willing to communicate with us. We train your staff to be the most effective collectors in the industry and our industry leading delinquency rates prove we are doing something right.
J.D. Byrider works hard to provide a better car and a better car buying experience. We also set the standard for the industry in customer satisfaction, ethical behavior and profitability. We provide you with the systems, legal standards, technology and business model to be a leader in your market.
We have built this remarkable company by raising the bar and setting new standards in technology, car buying, underwriting, collections and so much more. The spirit of our staff and franchise community is nearly unmatched. As a result, we believe this is one of the best potential return on investment opportunities in America.
This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document.
