Can I Buy My Rental Car __HOT__
Still, Enterprise rental cars are fleet vehicles, which means they were previously owned by a business and driven by an unknown number of drivers. When a rental fleet car is deemed too old for business purposes, companies like Enterprise list their used rental cars for sale. For most car rental companies, this begins to happen once the vehicle is one-to-two years old.
can i buy my rental car
These two companies offer similar services when it comes to buying a rental car. Hertz fleet sales also include no-haggle pricing, a free vehicle history report, and financing through partner lenders. Hertz also covers car purchases with a 12-month/12,000-mile warranty, the same coverage as the Enterprise car sales warranty.
With over 75 used car dealerships across the United States and Canada, Hertz Car Sales is one of the top used car sales dealers in the nation. No matter the location, Hertz Car Sales is dedicated to providing consumers the best experience when buying a quality rental car for sale. In order to be part of the Hertz certified inventory, carefully selected vehicles must pass a rigorous multi-point inspection process. In addition, Hertz Car Sales features many flexible finance options that fit almost any budget. This allows us to help our customers get into the vehicles they truly want.
Hertz Car Sales provides a unique buying process with our Hertz Rent2Buy program. Rent2Buy allows customers to rent one of our used rental cars for a three-day test rental at a low rental rate. Take it home, go shopping, visit your trusted mechanic, and if you like it, buy it! With tens of thousands of vehicles available at affordable low prices, this is just another way Hertz is making buying a car made better. Learn more about Hertz Rent2Buy Today!
In most instances, rental car insurance overlaps with your personal auto insurance policy and you won't need to pay for duplicate coverage. There may be situations where adding rental car insurance is worthwhile, so it's important to review your personal auto coverages. If you don't have a personal auto policy, you will need to purchase liability coverage through the rental car company.
Important note: If your personal auto policy includes liability, comprehensive, collision, and medical payments/personal injury protection, then you may not need rental car insurance. If you have a homeowners, renters, or condo policy, any personal belongings you keep in a rental car should be covered too.
Rental car insurance is separate coverage offered by a rental car company, whereas rental car reimbursement coverage is an optional coverage you can add to your personal auto insurance policy to help pay for rental car costs while your vehicle is being repaired after an accident.
Your personal auto insurance will cover most rental cars with the same coverage limits and deductibles. For example, if you carry comprehensive and collision coverage on your auto policy, you'll be protected against physical damage to your rental car. Your liability coverage will also apply when you get behind the wheel of your rental.
You don't need a personal auto policy to rent a car. If you don't have a personal policy, you'll be required to buy liability coverage through the rental car company. You will also have the option to add additional coverages, including collision and tire damage.
If you already have car insurance or rental car coverage through your credit card, then rental car insurance may not be worthwhile. There are a few instances, however, where adding rental car insurance could be beneficial and worth considering:
In most instances, your personal auto policy will extend to any rental car you drive, so you won't need to pay for separate rental car insurance coverage. There may be situations where adding rental car insurance is worthwhile, so it's important to review your personal auto coverages. If you don't have a personal auto policy, you will need to purchase liability coverage through the rental car company.
So you've seen the news. You know that rental car giant Hertz filed for Chapter 11 bankruptcy in May. You know that, due to the ongoing COVID-19 pandemic, things aren't great for the other rental car companies, either.
But you're also aware that this might be the time to potentially snap up a used rental car, especially if you're fortunate and have some money to spend. Industry experts, according to CNN Business, estimate rental companies to offload 1.5 million cars in their US fleets over the course of the coming weeks and months, thus inflating the already bloated supply to potentially overwhelm the currently weak demand. Translation: You as the consumer might be about to receive even more buying options.
And despite commonly held public beliefs, Business Insider reported that rental cars aren't always minefields chock-full of quality and maintenance nightmares. In fact, they might be an option for you to pick up a used car at a discount, provided you do the proper research.
How does one go about actually buying a rental car? Do you just pull up to the desk at your closest airport location and demand to buy something off the lot? How do test drives work? What about financing?
"It's always advisable to test drive a car before you buy it, but often rental car agencies will allow you to rent that vehicle for a few days so you can really see if it works for you or not," McParland advises.
Hertz has something called a Rent2Buy program. With it, you're able to test out a car that's for sale over a three-day rental period for a small fee. If you wind up buying the car, Hertz will waive the fee. Just be sure the program is available in your area.
Avis, too, has a similar program called the Ultimate Test Drive. Customers can choose their cars and test drive location and book everything online. Then, they can go and pick up the car and test drive it for free for two hours. After that, customers can hold onto the car for up to three days for a fee. And again, if you decide to buy the car, Avis will reimburse the rental fee.
Rental car companies such as Enterprise, Avis, and Hertz all advertise no-haggle pricing for their sales. It means the price you see is the price you pay. Don't get turned off by the "no haggle" aspect, though. Typically, used rental cars are priced below similar cars on the market.
"One of the upsides to the [rental car]-buying process is they don't have any bogus charges like 'reconditioning fees' or inflated 'dealer fees' as some dealers do," says McParland. "Usually, it's just the price of the car, plus your tax rate, and reasonable charge for DMV and paperwork."
The tradeoff to that low, no-haggle price and all the other promotional accouterments is that the rental car you've just picked up will almost always come with way more miles from many people driving it. Though rental companies do follow strict maintenance schedules, it's still important to make sure everything is in good working and mechanical condition.
While it's recommended to get an independent inspection anyway when you're shopping for a regular used car, you can perform your inspection after you've bought the rental car because you get that extra window of time to return it if the results don't come back the way you'd like.
"Use this time to take the car to a trusted mechanic to have it looked at," says McParland. "While most rental cars are well maintained, there have been instances where some rental cars were crashed and fixed without that accident appearing on the vehicle history report."
Mention that you are thinking of buying a former rental car and the response is predictable: Rental cars have been abused and you'd be crazy to buy one. But should you really steer clear of these vehicles? Or could a former rental car be solid, dependable transportation?
The oft-cited abuse of rental cars might be true in a few cases. But there are other factors that offset that argument. Rental companies maintain their cars well and closely follow the service schedules. And because the rental car agencies buy vehicles in volume and pay less up front, their resale prices can be lower.
Check on recalls. Since June 2016, rental car companies have been required to fix any recalled cars in their fleets. The vehicle history report should show whether there are any outstanding recalls, but it doesn't hurt to check yourself by running the vehicle identification number (VIN) through the National Highway Traffic Safety Administration's free recall site. If there turns out to be an outstanding recall, you can ask the seller to get the car fixed or move on to another vehicle.
EDMUNDS SAYS: Consider shopping at a rental car lot the next time you're in need of a good used car. The streamlined sales process and lower prices may be enough to offset the downsides of high mileage and history of many drivers.
Yes, you can use your own car insurance for a rental car as long as your trip is for personal travel. Your personal coverage limits and deductibles will apply. If the trip is for business, your personal auto insurance policy might not cover any type of damage or injury unless you have commercial coverage. However, your company may have a commercial auto policy that can cover the vehicle. 041b061a72