Understandably, most people s hesitation with buying a car through a program like Hertz Rent2Buy is

A few months london to taipei discount airline tickets back the wife and I bought our first new-to-us car in over 4 years. While we searched Craigslist, CarMax , and numerous new and used car dealerships, we ended up deciding to go through the Hertz Rent2Buy london to taipei discount airline tickets program.
Go pick up your car. When you go to pick up the car, you will have a document stating that it s for the Hertz Rent2Buy program (as it s different than just their normal rental program), they ll ask for your driver london to taipei discount airline tickets s license, london to taipei discount airline tickets and a credit card. Within 10-15 minutes you will be driving away in your rental. Yes, you get to inspect it thoroughly before you actually drive away.
If within the 3-day rental period (which I ll discuss momentarily) you decide that you re ready to buy the car, you simply log in to the Hertz Rent2Buy website and click the Purchase Car button. Within a few hours you ll receive an email and call informing you of the next steps.
After buying the car, you ll receive a call (or email) from a Hertz Rent2Buy associate detailing what will come next. This included some general information along with the acknowledgement london to taipei discount airline tickets that they d overnight a package with all of the necessary paperwork.
Complete all of the paperwork london to taipei discount airline tickets within 48 hours and return the forms to Hertz. All of the documents were well marked with sticky notes pointing to exactly what and where you need to sign. They also included a FedEx envelope to cover the cost of the return shipment.
I was impressed with their selection at the time when we were buying a car , but to make sure this pro still applied I just jumped on their site and I was able to pull up over 250 current sedans they have available to sell within my area.
While I ll mention this in the cons section as well, you have to pay a $200 deposit london to taipei discount airline tickets and rent the car for $50/day during that 3-day period. Basically, you ARE renting a car. You walk up to their counter in the airport just like you were renting a car from them, you pay your deposit, and they give you the keys.
If you decide to buy the car through the Hertz Rent2Buy program, london to taipei discount airline tickets then the rental fee and deposit london to taipei discount airline tickets are refunded. If however, you decide to test drive a new car or discover that the Rent2Buy program isn t for you, then you are charged the $50/day rental fee.
I didn t have to go to the DMV to transfer plates (or to get new ones) and I didn t even have to go to pay sales tax! Hertz Rent2Buy took care of all of that for us! While this may not be uncommon when buying a new car, I was pretty stoked knowing that I didn t have to make a trip to the much-maligned DMV!
After buying the car, Hertz Rent2Buy mailed a package of documents that we needed to return within london to taipei discount airline tickets 48 hours. It included title information, london to taipei discount airline tickets sales tax paperwork, plate transfer paperwork, and the contract. One of the documents required a notary s signature which was a little bit of a pain to get within the short time period.
Understandably, most people s hesitation with buying a car through a program like Hertz Rent2Buy is the fact that you re buying a rental car. However, they make up for some of this risk by giving you a ridiculously low price.
This was certainly a pro for us, but if you re looking to find a car for under $10,000 then Hertz Rent2Buy isn t your place. All of the cars will be 1-2 years old and have 25,000-40,000 miles on them.
While I don t like haggling for prices, it s nice to get a discount especially when you re paying with cash. However, much like CarMax, Hertz Rent2Buy wouldn t come down on their price at all. It wasn t too hard to swallow though considering how great of a deal we were getting.
I m sure this is the case with most states, but you can easily go to the State s website and estimate your sales tax charges on a vehicle. Despite that information being readily available, Hertz Rent2Buy charged us a 7% sales tax which made our initial out-of-pocket price for the car quite a bit more than we were ready for.
All-in-all I think the process went smoothly and I ll consider buying a car from Hertz Rent2Buy london to taipei discount airline tickets again. Sure, we were a little skeptical and nervous about buying london to taipei discount airline tickets a rental car, but at this stage in our life I was fine with saving $2,500.
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Andy is a 30-something New Yorker who turned his financial life around. He took charge of his finances, got out of debt, and is now working his way toward financial success. london to taipei discount airline tickets He is the owner of MoneyDestiny.com and the publisher of WorkSaveLive.com.
Great article Andy. We recently purchased london to taipei discount airline tickets a new to us, but slightly (very slightly) used 2012 Honda Civic (with only 1200 miles on it). It is a great car (but Mrs. Thad Thoughts is afraid to drive it doesn t want to ding it).
Great point, Thad. They really seemed to have taken fairly good care of the car. I bought it with 39,000 miles on it and they check EVERYTHING at 30,000 miles. They also replaced the tires at 30,000 miles, so I am still riding on fairly new wheels!
I absolutely agree and that was one of the big worries that we had (and continue to have). Saying that, I m not a mechanic and I m not really sure how much more quickly cars wear down because they were driven london to taipei discount airline tickets hard. The big problems I ve seen with cars is when they re not maintained well (i.e. oil changes, transmission flushes, london to taipei discount airline tickets new brakes and tires, etc.). So, we ll see how it goes. I felt like the savings in price could easily london to taipei discount airline tickets pay for a fairly large problem down the road. I am kind of playing with the house s money in that regard.
I ve contemplated a car purchase from a rental company before, but wasn t sure if it s really worth it. But, your experience gives me more insight, so I may consider this option next time. I once purchased used BMW Z4 from a dealership leasing company. The car was used by Coke executives, and was in immaculate london to taipei discount airline tickets condition with only 29K miles. It has been a great buy so far.
It s true that there are a few madmen out there. But they usually don t rent from Hertz, who are often the most expensive. I may be wrong, but most Hertz customers are businesspeople (i.e. company pays) who are interested in simply getting the job done and getting home. I know I used them a ton for several years, and all I wanted was the trip done so I could get back home. Simple driving, in other words.
William, thanks for the great comment and I couldn london to taipei discount airline tickets t agree more with your assessment. These were actually many of the thoughts that went through my mind as well. I ve rented a few cars and I ve never beat them up. Sure, I may accelerate a little faster than normal but that s not going to really hurt the car that much.
I also thought the same thing about the make/model of the car. Certainly 6 cylinders and sports cars are going to get beaten up, but we went with a Camry. london to taipei discount airline tickets I m pretty sure the only people renting those are businessmen, london to taipei discount airline tickets older folk, and people that need a family sedan.
Sounds like it was a pretty smooth process. Though I d never buy a car newer than 5 years, if I did, this would be a great option. And getting three days to test it out, take it to a mechanic, etc. is great.
Very interesting Andy! I never really thought of this but would personally worry about the people who drove them like madmen. I imagine that their mechanics keep them in decent london to taipei discount airline tickets shape though. Do they offer any sort of warranty?
Good question no warranties. london to taipei discount airline tickets The warranties only come from the manufacturer, so ours has a little coverage until 60,000. That was another reason I felt a comfortable about buying a rental. If something MAJOR starts to show any signs of going wrong then I ll take it in and try to get it fixed before that warranty is up.
This is good to know! I have always seen the sign when I rent cars at the airport and looked online, london to taipei discount airline tickets but have never actually heard of anyone going through with this. I would have thought that they would have more selection in the under $10K range, but that s okay it still may be a viable option compared to going to the stealer -ship.
I think they try to get rid of the older cars before they ever approach 50-60k (which would equate to the lower price), but that does bring up a good question: what do they do with all of the higher-mileage cars? I m guessing they sell them at an auction of some sort or possibly to dealerships.
The rental car thing certainly worried us, but all things considered it was too good of a deal to pass up. I have $2500 in my pocket that could be used for a major repair if something ever went out. That s not to say that it would so frankly (as I commented to Marissa) I m playing with Hertz s money. That s money I get to keep IF nothing london to taipei discount airline tickets goes wrong, or it s money I can use to pay for the repair london to taipei discount airline tickets if it so happens something does go bad.
Furthermore, the 60,000 mile warranty from Toyota helped. While it s not long before it gets to that, I thought I d at least be able to see if something was wrong with the transmission or engine before I got to that point.
I had no idea that you could do this. It sounds like a great idea! I mean, you get to test drive the car for 3 days instead of awkwardly trying to test drive it while the dealership person sits next to you and makes you go around the block once. And if they re selling below blue book well, I think this way of buying a car is a good idea for a lot of people!
TB, it was something we hadn t thought much about but we were really london to taipei discount airline tickets pleased with how the Rent2Buy program worked out. I think Hertz did a great job and even the mechanics were helpful. They told me as I drove off that if there were anything wrong with it during my test drive, to bring it back, and they d get it fixed.
I agree. We actually came close to buying a Toyota RAV4 from them a few months ago they had a ton available at that time. In the end, we decided to keep the money invested for a little longer. It s earned us another $500 since then, so we ll put the decision off until we HAVE to pull the trigger. But this is