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What was the warranty expense per vehicle sold for Byrider stores in the first quartile?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

First Quartile = 25 Stores Average Exceed Avg. Median Second Quartile = 25 Stores Average Exceed Avg. Median
Warranty Expense/Vehicle Sold 31 $708 40.00% $735 Warranty Expense/Vehicle Sold 31 $780 52.00% $771
First Quartile = 23 Stores Average Exceed Avg. Median Second Quartile = 23 Stores Average Exceed Avg. Median
Warranty Expense/Vehicle Sold 31 $656 43.48% $735 Warranty Expense/Vehicle Sold 31 $740 52.17% $714
First Quartile = 2 Stores Average Exceed Avg. Median Second Quartile = 2 Stores Average Exceed Avg. Median
Warranty Expense/Vehicle Sold 31 $958 50.00% $958 Warranty Expense/Vehicle Sold 31 $866 50.00% $866

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Source: Item 19 — Financial Performance Representations (FDD pages 63–81)

What This Means (2025 FDD)

According to Byrider's 2025 Franchise Disclosure Document, the warranty expense per vehicle sold for stores in the first quartile varies depending on the number of stores included in that quartile.

For the first quartile consisting of 25 stores, the average warranty expense per vehicle sold is $708. When the first quartile consists of 23 stores, the average warranty expense per vehicle sold is $656. For the first quartile consisting of only 2 stores, the average warranty expense per vehicle sold is $958.

These figures represent the average expenses for the lowest-performing 25% of Byrider locations and can be used to estimate potential warranty-related costs. However, these numbers do not include revenue or expenses from related warranty reinsurance and real estate holding companies.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.