Nextcar
- Company typePrivate
- Founded2003
- HeadquartersLaurel, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
Nextcar firmographics
Firmographics- Name
- Nextcar
- Legal name
- NextCar Rental
- Website
- https://nextcarrental.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Nextcar industry classification
Industry- Product category
- Car Rental Services
- NAICS
- Automotive Equipment Rental and Leasing (5321), Passenger Car Rental and Leasing (53211), Passenger Car Rental (532111)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510)
- akta.pro primary industry
- Local City / In-Town Car Rental (THADAAAC)
- akta.pro secondary industries
- Long-Term Car Rental (Monthly/Extended Hire) (TLABAAAD), Car Rental & Car-Sharing Booking Platforms (BPAMAIAF), Ancillary Services & Add-Ons (GPS, Child Seats, Tolling, Fuel Plans, Roadside) (THADAAAL)
Keywords
Where Nextcar is headquartered
LocationHeadquarters
- HQ city
- Laurel
- HQ country
- United States
- HQ region
- North America
Offices14 records
Markets served
Nextcar business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Supply Chain, Infrastructure
Revenue model
- Vehicle Rentals: Daily and weekly vehicle rental fees charged to customers. Rates based on 24-hour rental day with mileage charges where applicable. Pricing varies by vehicle type (Economy through Full-Size Vehicles, Compact and Intermediate SUVs, Mini Vans, Work Pick-up Trucks, Cargo Vans, and Cargo Trucks) and location.
- Insurance and Protection Products: Collision Damage Waiver (CDW), Renter's Liability Protection (RLP), Supplemental Liability Insurance (SLI), Road Hazard Towing Deductible Waiver (RHTDW), and Personal Accident/Personal Effects Protection (PAE). These optional products provide additional coverage and protection for renters for an additional daily charge.
- Optional Equipment and Services: Child safety seats, ski racks, navigation devices, and one-way rental services available for additional charges.
- Fees and Surcharges: Various fees including on-airport or off-airport concession recovery fees, airport consolidated facility charges, vehicle license fees, toll billing admin fees ($2 per in-state toll, $5 per out-of-state toll), underage driver fees, additional driver fees, and refueling charges.
- Prepaid Reservations: Non-refundable prepaid rental reservations charged in full at time of booking. Cancellation permitted up to 48 hours before pickup with 5% processing fee.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Standard Daily Rental |
| One time/ perpetual license | Pay-as-you-go | Prepaid Reservation |
| Usage-based | Pay-as-you-go | Collision Damage Waiver (CDW) |
| Usage-based | Pay-as-you-go | Renter's Liability Protection (RLP) |
| Usage-based | Pay-as-you-go | Supplemental Liability Insurance (SLI) |
| One time/ perpetual license | Pay-as-you-go | Additional Driver Fee |
| Usage-based | Pay-as-you-go | Young Driver Surcharge |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels6 records
Nextcar product offering
Product offeringCore offering
NextCar rents vehicles for daily and weekly periods through a network of corporate-owned and franchise locations across more than 60 sites in the US and internationally. Reservations are made online, via mobile apps, or by phone, with optional insurance/protection products, ancillary equipment (child seats, ski racks, GPS), and loyalty program membership sold alongside the core rental.
Product overview
Nextcar operates as a traditional car rental service offering a fleet of vehicles for short-term and long-term rentals. The core offering includes the NextCar Car Rental Service with various vehicle categories (economy through full-size, SUVs, vans, cargo vehicles). The company provides mobile apps for iOS and Android enabling customer self-service. Optional add-on products include insurance/protection packages (CDW, RLP, SLI, PAE), equipment rentals (child safety seats, ski racks, navigation systems), and the VIP Express Club loyalty program. The company maintains locations across US states and international destinations.
Differentiator
Problem solved
Functional benefit
Products and services
- NextCar Car Rental Service Daily and weekly vehicle rentals for individual consumers, business travelers, and airport passengers, with vehicle categories spanning small cars, mid-size cars, full-size/luxury cars, vans, cargo vans/trucks, Wagoneer, and value cars. Served through a network of 60+ corporate and franchise locations in the US and internationally.
- NextCar Mobile App iOS and Android applications that let customers browse locations, make reservations, manage bookings, and access rental services on mobile devices. Available on the Apple App Store and Google Play Store.
- VIP Express Club Membership-based loyalty program providing NextCar renters with member-exclusive discounts, special offers, and enhanced booking features for repeat use of the rental service.
- Collision Damage Waiver (CDW) Optional waiver allowing NextCar to waive the renter's financial responsibility for loss or damage to the rental vehicle, sold as a daily add-on at participating locations.
- Renter's Liability Protection Insurance (RLP) Insurance product providing liability coverage at the policy limits required by the state when the renter injures another person or damages property while operating the rental vehicle.
- Supplemental Liability Insurance (SLI) Excess or secondary liability insurance that covers the difference between $300,000 and the underlying liability limit per accident, charged daily and varying by location and vehicle category.
- Personal Accident/Personal Effects Protection (PAE) Coverage product including accidental death benefit, accidental medical expense benefit, ambulance expense benefit, and personal effects coverage, sold as an optional daily add-on.
- Road Hazard, Towing, and Deductible Waiver (RHTDW) Optional waiver that waives up to $1,000 of renter's financial responsibility for glass or tire damage, roadside assistance services, or insurance deductible.
- Child Safety Seats Rental option for infant, toddler, and child/youth safety seats available at select NextCar locations for an additional daily charge.
- Ski Racks Optional equipment available at select NextCar locations during the winter season for transporting ski equipment, rented for an additional charge.
- Navigation System Rental Dashboard-mounted GPS navigation device programmed in multiple languages with U.S. mapping details and approximately 6 million points of interest, available as an optional add-on.
Companies that use Nextcar
Customer profileSegments4 records
Ideal customer profiles3 records
Nextcar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Nextcar partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights5 records
Nextcar competitors and assessment
Company assessmentDirect peers
- Fox Rent A Car: Value-positioned car rental brand specializing in airport and leisure markets with a similar independent operating model. Fox competes most directly with NextCar at value-tier airport customers (LAX, MCO, FLL, TPA) and serves overlapping customer segments seeking affordable airport rentals.
- ACE Rent A Car: Independent value-positioned airport rental brand with a franchise and corporate location model similar to NextCar. Directly comparable in customer targeting (price-sensitive airport travelers), product offering (daily/weekly rentals with insurance add-ons), and competitive positioning against the Big Three.
- Rent-A-Wreck: Franchise-based car rental brand operating a network of independently owned locations across the US and internationally. Directly comparable to NextCar in franchise-driven distribution, value positioning, and customer segments (price-sensitive leisure and local renters).
- U-Save Car & Truck Rental: Franchise-based car and truck rental company operating across the US and internationally with a similar asset-light franchise model to NextCar. Most directly comparable in business model (franchise-driven expansion), product offering (economy through full-size vehicles), and competitive positioning in secondary and tertiary markets.
Broad incumbents
- Sixt Rent a Car: European-headquartered global rental brand expanding aggressively in the US market with a premium fleet positioning. Directly comparable to NextCar in airport rental service but with stronger brand recognition, premium vehicle mix, and rapidly growing US airport counter presence.
- Enterprise Rent-A-Car: Largest car rental company in the US by revenue and fleet size, operating Enterprise, National, and Alamo brands with deep airport and neighborhood presence. Comparable to NextCar in core service (passenger car rental without drivers) but vastly larger scale, direct corporate accounts, and vertically integrated fleet management capabilities.
- Avis Budget Group: Parent of Avis, Budget, and Payless brands, operating a global rental network with heavy airport concentration. Comparable to NextCar in airport rental focus and fleet operations, but with significantly larger fleet, stronger loyalty program (Avis Preferred), and established corporate account relationships.
- Hertz Global Holdings: Major airport-focused rental brand operating Hertz, Dollar, and Thrifty brands globally with significant corporate travel and loyalty program infrastructure. Directly competes with NextCar for airport customers (BWI, LAX, MCO) but at much greater scale and with deeper corporate account penetration.
Others
- AutoSlash: Car rental price comparison and discount platform that aggregates inventory from multiple rental brands including NextCar. Related as a distribution channel partner rather than direct competitor, but shapes customer price expectations and booking behavior that affects NextCar's franchisee economics.
Emerging players
- NU Car Rentals: Independent regional rental company with growing airport and metro presence. Comparable to NextCar in offering airport rentals and a multi-channel booking experience, but operates primarily as a corporate-owned network rather than a franchise model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Nextcar social profiles
Digital presenceNextcar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nextcar leadership team
Management profileNumber of profiles
Nextcar funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nextcar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nextcar
What does Nextcar do?
NextCar rents vehicles for daily and weekly periods through a network of corporate-owned and franchise locations across more than 60 sites in the US and internationally. Reservations are made online, via mobile apps, or by phone, with optional insurance/protection products, ancillary equipment (child seats, ski racks, GPS), and loyalty program membership sold alongside the core rental.
Is Nextcar a public or private company?
Nextcar is a private company. It is classified as venture growth investor backed and is currently operating.
When was Nextcar founded?
Nextcar was founded in 2003. It employs 11 to 50 people.
Where is Nextcar based?
Nextcar is headquartered in Laurel, United States, in the North America region.
How does Nextcar make money?
Five revenue lines are on record. Vehicle Rentals are the primary driver. The others are insurance and Protection Products, optional Equipment and Services, fees and Surcharges and prepaid Reservations.
Who are Nextcar's main competitors?
Direct peers on record are Fox Rent A Car, ACE Rent A Car, Rent-A-Wreck and U-Save Car & Truck Rental. Broad incumbents are Sixt Rent a Car, Enterprise Rent-A-Car, Avis Budget Group and Hertz Global Holdings. AutoSlash is listed as an others. NU Car Rentals is listed as an emerging player.
Does Nextcar have an API?
No public API is recorded for Nextcar.
What industry is Nextcar in?
Nextcar's product category is Car Rental Services. Its primary akta.pro industry code is THADAAAC, Local City / In-Town Car Rental, with a secondary code of TLABAAAD, Long-Term Car Rental (Monthly/Extended Hire). Its NAICS code is 5321 and its SIC code is 7510.