And that Experts say that car buyers should come up with some deals that they can consider very well.
Even when we were not in an economic crisis, buyers used in one of the big car rental agencies, including Hertz, Avis or Enterprise, could often find a good deal on the used car.
Rental companies regularly sell cars, usually after one or two years of service. For example, the enterprise, which operates Alamo and national brands, sells one million used cars worldwide each year, according to a spokesman.
And they often sell these cars online at no-huggle prices and at significant discounts to other used car dealers.
When Evan Drury, an auto industry analyst at Edmonds.com, wanted to buy a used car last year, he bought a 2018 Ford Fusion Hybrid from Avis.
He had earlier analyzed the price of the car used for his work in 2017 And to his surprise, car rental companies were selling their used cars at much lower prices than other used car dealers.. Depending on the specific model, a used car can save anywhere from 5% to 15% purchased directly from a rental company, he said.
“In some cases,” he said, “the discount was very good. I was kind of floating.”
Take advantage of the tryout period
All major car rental companies – Hertz, Enterprise, Alamo Avis, Budget and others – list their used rental cars for sale on their website. Buyers can search for inventions and test drives are usually more generous than the used car dealers you used. Draghi said he was able to take his car out for a few hours before deciding to buy it.
Hertz will even bring the car to you for driving if you live within 75 miles of their rental location.
But is the car in good condition?
The idea of buying a used rental car makes some people uneasy. The car can have a brutal life. There is little incentive for tenants to treat any car gently, the thought goes. Rental cars also often run more miles a year than cars owned or leased by an individual.
On the other hand, rental car companies have an incentive to retain cars as much as possible to save as much as possible and to make sure their customers don’t have their problems.
John Linkov, editor of Consumer Reports magazine, said potential buyers should make a long-term effort to have the car inspected by a mechanic and make sure it has no hidden problems. Rental agencies provide “certified” used car programs and promise a full investigation. Linkov says, however, that individual inspections are still always good.
Buyers should too Linkov said they would research such vehicles before buying a used car. Some used cars are better and more reliable than others wherever they are purchased.
He advised to buy from a big rental car company without further operation. This is because small car companies can sell used cars already when they buy their cars.
See your financing options
Buyers should study their money options before buying, Linkov said.
Again it is always a good practice no matter where you are buying the car. Rental companies often have good money options for customers with great credit – for example, Avis is down 0% and offers no payments for 45 days – but you can do better than yourself To work with A bank or credit union
Hertz and Avis Budget Group did not return requests for answers to specific questions about their activities.