Want to buy a used car? Rental car companies are offering up some good deals

  • 📰 CNN
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 95%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Hertz, which also operates the Dollar and Thrifty agencies, has declared bankruptcy. Industry experts expect the company to sell off a large portion of its fleet, which should bring about some deals car shoppers might very well want to consider.

And that should bring about some deals car shoppers might very well want to consider, experts say. Deep discountsEven when we were not in an economic crisis, shoppers could often find a good deal on a used car at one of the major car rental agencies, including Hertz, Avis or Enterprise. Rental car companies routinely sell off cars, usually after a year or two of service.

Enterprise offers a seven-day buy back period on its used cars. During that week, the car can be returned for the purchase price, minus a $200 restocking fee, according to the company's website. But is the car in good shape?The idea of buying a used rental car makes some people uneasy. The car may have had a brutal life. Renters have little incentive to treat a car gently, the thinking goes. Rental cars also often drive more miles in a year than cars owned or leased by an individual.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Democrats & liberals are using Covid to win. If you want a Marxist Socialist USA stay home November 3rd. If you care about your civil rights & the rights of your children & grandchildren, get off you lazy Schiff & vote for President Trump! He's the only one working for Americans!

Why is there a picture of Avis if it’s Hertz that’s declaring bankruptcy?

Just what I need, a used rental car for all my exciting summer driving to and from the supermarket

Some times it hertz to be thrifty

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rental-Car Company Hertz Files for BankruptcyOne of the nation’s largest car-rental companies entered chapter 11 proceedings hoping to survive a drop-off in ground traffic from the pandemic and to avoid a forced liquidation of its vehicle fleet. jeez...weren’t they hoping for COVID cases to go from 15 to zero in a couple of days a la realDonaldTrump circa two months ago. maga You knew it was just a matter of time before the OJ curse.
Source: WSJ - 🏆 98. / 63 Read more »

The rental car industry has ground to a near halt. This is what that means for automakers and car buyersThe nation's rental car companies are in deep trouble. And that's another blow for the already struggling auto industry. Ohh I never know Americans rented cars So many news worthy events this week and this is what you find to be important?
Source: CNN - 🏆 4. / 95 Read more »

The rental car industry has ground to a near halt. This is what that means for automakers and car buyersThe nation's rental car companies are in deep trouble. And that's another blow for the already struggling auto industry. Ohh I never know Americans rented cars So many news worthy events this week and this is what you find to be important?
Source: CNN - 🏆 4. / 95 Read more »

Rental-Car Company Hertz Files for BankruptcyOne of the nation’s largest car-rental companies entered chapter 11 proceedings hoping to survive a drop-off in ground traffic from the pandemic and to avoid a forced liquidation of its vehicle fleet. jeez...weren’t they hoping for COVID cases to go from 15 to zero in a couple of days a la realDonaldTrump circa two months ago. maga You knew it was just a matter of time before the OJ curse.
Source: WSJ - 🏆 98. / 63 Read more »