It is a common misconception that the used car market is filled with cars that were poorly taken care of, abused and even driven by reckless owners. While it is true that some people do buy their used cars from such dealers, it’s still easier to get a good used car from reputable dealers.
Hertz, the largest car rental company in the U.S., is known for offering some of the most affordable rates on used vehicles. They offer a range of used cars thoroughly inspected and serviced before sale, making them a great choice for anyone looking for a reliable used car.
Here is everything you should know about Hertz and the used car market.
An Overview of the Used Car Market
Used rental cars are a new trend, thanks to a growing list of factors, including the rising cost of new cars and the increased availability of high-quality used vehicles. Car rental companies like Hertz are fueling the growth of the used car market by selling off their well-maintained fleet vehicles at affordable prices.
The company operates by purchasing new vehicles in bulk and renting them out to customers. When these vehicles attain a certain age or mileage, they are sold off at a fraction of the cost of a new car to make room for newer models.
Buying a used car from a reputable car rental company like Hertz can be a great way to save money on car ownership costs. While a used car won’t come with the same level of warranties and guarantees as a new car, it can still be a reliable and economical option.
Advantages of Buying a Used Car from Hertz
There are several advantages to buying a used car from Hertz, including:
1. Quality Inspection
All vehicles sold by Hertz undergo a rigorous inspection before being sold for sale. They accommodate an extended test drive to discover any potential issues and address them before selling the car.
You’ll always have the peace of mind of knowing your car is in good shape and there’s a 12-month powertrain warranty in case something happens.
2. Affordable Prices
Hertz offers used cars at affordable prices, making it easier for you to get behind the wheel of a quality vehicle without breaking the bank. They sell their cars at no-haggle prices that may include bargains.
Similarly, Hertz car sales online listings are provided with Kelley Blue Book’s fair market range. This means you’ll get a fair price estimate of what you can expect to pay for a certain type of vehicle.
3. Variety of Well-Maintained Makes and Models
Hertz has a large fleet of vehicles, including various makes and models. This means you have a wide range of options, making it easier to find a used car that meets your specific needs.
The best part is that each car model listed on their website is well-maintained regardless of its mileage. Certified technicians are appointed to conduct multipoint inspections before any car model is allowed on the market.
If the expert opinion of Philip Reed is to be taken seriously, buying a used car from a rental company like Hertz can be a good choice for those with a limited budget but who want to get a good deal. Contrary to the belief that rental company drivers have previously abused these cars, they have well-documented maintenance records, which is a huge plus for the buyer.
Risks and Considerations of Buying a Used Car from Hertz
While buying a used rental car from Hertz can have its advantages, there are also several risks and considerations to keep in mind. Here are some of the challenges and potential risks to be aware of before going for any used car dealers on Hertz:
- Higher Mileage: Rentals cars have higher mileage than personal vehicles. This can impact the overall condition of the car and its longevity. It’s important to thoroughly inspect the vehicle and check the odometer reading before purchasing.
- Wear and Tear: Rental cars are used by various drivers, which can result in higher levels of wear and tear. This may include dents, scratches, or other cosmetic damage that may need to be repaired.
- Lack of Service History: Car rental companies like Hertz may not have complete records of the vehicle’s service history. Assessing the car’s overall condition and potential future repairs may be challenging to novice buyers without these records.
- Limited Warranty: While many used cars from Hertz come with a limited warranty, it’s important to understand the terms and conditions of the warranty before making your purchase. This includes the length of coverage and what is covered under warranty.
- No Negotiations: Hertz operates on a no-haggle pricing policy, which means the price you see is the price you pay. You’re in a more difficult position to negotiate a better deal, especially if you have a specific budget in mind.
How to Make an Informed Decision When Buying a Used Car from Hertz
Making an informed decision when buying a used car from a car rental company like Hertz requires careful consideration of several factors. Here are some key steps to follow:
- Research the Vehicle: Research the specific make and model of the car you’re interested in purchasing, including its reliability, fuel efficiency, and maintenance costs. You can then know what to expect from the vehicle.
- Inspect the Vehicle: Before making your purchase, inspect the vehicle in person, looking for any signs of wear and tear, dents, scratches, or other damage. Take a test drive to assess the car’s handling, performance, and overall condition.
- Check the Vehicle History Report: Obtain a vehicle history report for the car you’re interested in purchasing. This report will provide information about the car’s accident history, previous owners, and other key details that can help you make a more informed decision.
- Consider the Warranty: Be sure to understand the terms and conditions of the limited warranty offered by Hertz. This will give you a better understanding of what is covered under warranty and how long it will last.
- Establish Your Budget: Buying a used car from Hertz may be more affordable than buying a new car, but it’s still important to set a budget and ensure you’re not overspending.
- Negotiate the Price: While Hertz operates on a no-haggle pricing policy, you can negotiate a better deal on the car’s price if you have a specific budget. Take the time to compare prices from other dealerships or private sellers to understand the market better.
Overall, buying a used car from Hertz can be a great way to save money on car ownership costs while still getting a reliable vehicle. It’s important to do your research and make sure that the car you choose meets your needs and budget.
Buying a used car from Hertz requires careful research, thorough inspection, and consideration of key factors like the vehicle’s history, warranty, and budget. By following these steps, you can ensure you’re making a smart investment and getting behind the wheel of a quality used car that meets your specific needs.