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SummerOnTheWay1
SummerOnTheWay1
February 21, 2024

🚗 Consider a Rental to Save Money on a Used Car​​ (AARP Article)

  • February 21, 2024
  • 5 replies
  • 3727 views
HAS ANYONE BOUGHT A RENTAL? 🤔  I HAVE NOT! 😎
 
Want to Save on a Used Car? Consider a Rental.
 
Avis, Enterprise and Hertz all sell from their fleets. Here’s what to consider.
 
By Donna Fuscaldo. Published February 20, 2024.
 

https://www.aarp.org/money/budgeting-saving/info-2024/used-rental-car-buying.html

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    5 replies

    Tempest332
    Tempest332
    Community Champion ⭐
    February 22, 2024

    Iv'e bought 3 cars off rental fleets, as well as my parents did years ago. Now these rental outlets no longer exist, & companies like CarMax & Carvana buy these up & put a serious markup on them, & the actual manufactures now have agreements to buy these vehicles back or are leasing them out to them.   

     

    Rentals are kept clean, & usually well maintained.  I hung on to these vehicles longer as they have been my better of used cars.   I've never owned a "brand new" vehicle.  One I purchased from AVIS was 9 months old & had 18K on it. 

     

    In the past, found that Avis cars were usually the cleanest, followed by Hertz, then Budget when they had direct sales outlets near me. 

     

    Now the age of my vehicles are getting older & older, &/as insurance is going up & up as well.  

      SummerOnTheWay1
      SummerOnTheWay1Author
      February 22, 2024

      📎 (2/22/24) @Tempest332 , what about HIGH MILEAGE?  🤔

       

      [*** @Tempest332 wrote:

      Iv'e bought 3 cars off rental fleets, as well as my parents did years ago. Now these rental outlets no longer exist, & companies like CarMax & Carvana buy these up & put a serious markup on them, & the actual manufactures now have agreements to buy these vehicles back or are leasing them out to them.   

       

      Rentals are kept clean, & usually well maintained.

       

      In the past, found that Avis cars were usually the cleanest, followed by Hertz, then Budget when they had direct sales outlets near me.  ***]

       

      Tempest332
      Tempest332
      Community Champion ⭐
      February 22, 2024

      Define "High Mileage"?  When I was buying from the Rental fleets the Avis again had the lowest miles, followed by Hertz & Budget, I've seen vehicles on Avis lots with as little as just under 10K to as much as 25K, they told me at the time it's pretty much based on rental frequency & they typically try  to retire them before 25K.  On the other side, I seen vehicles slightly older on Budgets lots with mileages  above 30K.   

       

      For me, I generally never drove over 10K /yr ( with a couple years of exception) now about 5K /yr. so milage isn't a worry, now I have picked vehicles up wholesale with over 100K recently.  

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