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With the rise in new car prices, the used car market has become more competitive in recent years. Prices are up and cars are hard to find. But there is a source of used cars – a pretty big one – that most people are completely unaware of. Rental car companies hold onto their cars for just a year or two, and then they need to replace the older models. The old ones are sold off to make room for new cars, generally to ordinary people like you and me.
Used rental car prices are generally lower than what you would find with used car dealers. Car rental companies don't give their cars away, but there are several reasons why they are, and can be, less expensive than car dealerships.
Car rental companies are not in the business of car sales. They're trying to get rid of large numbers of older vehicles, and the quickest way to do that by selling at reasonable prices. There are also no middlemen, no advertising budgets and no profit margins to be protected.
Another advantage rental car coupons price advantage is that car rental companies sell their cars with fixed prices. Much like Carmax, the price is what it is, and there is no haggling. Car rental companies will charge a price at which the cars are likely to sell. They don't need to inflate the price in order to allow for negotiation. And not only does that make for a less expensive car purchase, but it also eliminates the stress that comes with negotiations .
One of the biggest advantages to buying a car from a car rental company is that you know who the owner is. When you buy a car from either a used car dealer advantage rental car coupons or even an individual, you don't know anything about the previous owners.
What you do know about car rental companies is that they are in the business of providing reliable cars to their customers. advantage rental car coupons That means the maintenance advantage rental car coupons level on the car is very high and the vehicle is in good working order. You also have the benefit of knowing that the car had a single owner. With other used car sources, you can never be completely sure.
Car rental companies will often include a short-term warranty, such as 60 days or 2,000 miles. You can also purchase an extended warranty for longer periods of time. While extended warranties advantage rental car coupons are also available at used car dealerships, advantage rental car coupons you will not have them available if you buy directly from an individual.
Some car rental companies also offer a roadside assistance package for either a certain number of months advantage rental car coupons or a certain number of miles. You may get this for free, or there may be a small charge for it.
In order to facilitate the selling of their car fleets, car rental companies generally offer financing if you buy one of their cars. The rates are competitive, and sometimes they offer specials that will be hard to pass up. Since the financing advantage rental car coupons is established precisely for the sale of the car rental companies vehicles, you'll probably have more flexible terms than you will have if you go to a bank or other type of car financing company.
advantage rental car coupons If you want to buy a used rental car start by going to the company's website (it's generally a separate function from their rental operations). Most of them have a webpage set up specifically for car rental sales.
We'll use Hertz as an example. They have a dedicated website advantage rental car coupons specifically for car sales. The site itself is similar to those of car dealers. The most prominent advantage rental car coupons feature on the site is the "Find Used Cars For Sale" box. It allows you to enter the make and model of the car that you want, then checks availability within 100 miles of your location. From there you can start the process.
It's unlikely that you will find any major mechanical flaws driving a vehicle for three days, but it will give you a real opportunity to see if the car is really good fit for you. Sometimes advantage rental car coupons a car can look good on the outside and according to all of the literature and descriptions, but there's something about it that just doesn't quite feel right. With the Rent2Buy program, you'll have an opportunity to find out before finalizing the purchase.
If you're looking to buy a used car, shop around advantage rental car coupons at car dealerships and also look at some cars offered for sale by individuals. But add car rental companies as a third source. That will give you more options and probably better deals on used cars .
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Kevin Mercadante is professional personal finance blogger, and the owner of his own personal finance blog, OutOfYourRut.com advantage rental car coupons . He has backgrounds in both accounting and the mortgage industry. He lives in Atlanta with his wife and two teenage kids and can be followed on Twitter at @OutOfYourRut .
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