Cash America 2000 Annual Report Download - page 12

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Rent-A-Tire Markets
and Locations
As of December 31, 2000
TEXAS
Dallas/Fort Worth 12
Houston 8
San Antonio 7
S. Texas Valley 5
El Paso 3
Corpus Christi 1
Waco 1
Austin 1
ARIZONA
Phoenix 3
LOUISIANA
New Orleans 1
OKLAHOMA
Oklahoma City 1
TOTAL 43
After enjoying three years of rapid unit growth, the
R e n t - A - Ti r e subsidiary is positioned to mature the
unique concept of rent-to-own tires and wheels. To d a y,
R e n t - A - Ti r e has 43 locations, mostly in Texas, off e r i n g
customers the opportunity to use new tires and wheels
for a weekly payment.
The rent-to-own segment is a billion dollar industry
oriented to household durable goods such as furn i t u re ,
televisions and large appliances. The Cash America
customer frequently utilizes traditional re n t - t o - o w n
p r ograms. The concept of using a similar program for
t i res and wheels provides customers the opportunity to
upgrade or enhance their automobiles. Contracts are
s h o rt - t e rm in nature, from as low as 26 weeks, and the
customer may re t u rn the merchandise at any time
and discontinue his or her obligations under the
rental contract.
Rent-A-Tire
Rent-A-Tire
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