Save on Your Next Car by Buying a Rental Car
Used cars are a better deal than new ones. Did you know that car rental companies are a source of used cars of the latest models in good condition that can be bought for less than at a car dealership?
You might be put off by the idea that a lot of strangers have previously driven your future car, but Kiplinger says that if you can overcome that stigma, buying a used car from a rental company can mean significant savings:
We compared prices for this car item, Toyota Camry , at Hertz, Avis / Budget and Enterprise. We used the purchase price at the Kelley Blue Book Fair – the amount you might expect to pay to the dealer – for a 2014 LE model in good condition with about 25,000 miles, which was $ 17,716 at the end of April.
The lowest price was at Hertz, where our Camry went for $ 16,000. It was $ 17,600 at Avis / Budget and $ 17,999 at Enterprise. The prices of several other vehicles we checked, including the Hyundai Elantra , Mercedes C250 Sport sedan, Nissan Rogue and Ford Expedition in various trim levels, also showed savings – sometimes small, sometimes huge. Elantra in Hertz traveled 35,000 miles and was 15% below KBB’s fair purchase price.
Car rental companies notice right away that the cars they offer for sale undergo frequent checks and regular maintenance. They all provide a vehicle history report (via Carfax, for example) and offer a range of car models, and some allow for extended test drives over several days during which you can (and should) take a look at the mechanic. This.
Another option if you don’t want to bargain for a used car with a dealer or other seller.
Surprisingly Good Reasons To Buy A Car For Rent | Kiplinger