Where To Buy Former Rental Cars: Your Guide to Savvy Savings

So, you’re considering buying a former rental car? Excellent choice! You can often snag a vehicle at a significantly lower price than buying new or even used from a traditional dealership. But where exactly do you find these diamond-in-the-rough deals? The answer is multifaceted, spanning both online and offline channels. Let’s dive in!

The most direct routes are through the rental car companies themselves. Major players like Hertz, Enterprise, and Avis operate their own sales divisions, offering their retired fleet vehicles directly to the public. Beyond that, independent used car dealerships and online marketplaces frequently feature former rentals in their inventory. It’s all about knowing where to look and what to look for.

Buying Directly From Rental Car Companies

This is often the most transparent and reliable avenue. You’re cutting out the middleman and dealing directly with the source. Here’s what to expect from the big names:

Hertz Car Sales

Hertz pioneered the direct-to-consumer rental car sales model. They offer a no-haggle pricing policy, which can be a plus for some, and a selection of certified pre-owned (CPO) vehicles. Keep an eye out for their promotions and financing options. Their website is user-friendly, allowing you to search by make, model, price, and location. They also offer a 7-day/500-mile buy-back guarantee, giving you a safety net if you’re not completely satisfied.

Enterprise Car Sales

Similar to Hertz, Enterprise Car Sales provides a wide selection of their former rental fleet. They pride themselves on their transparent pricing and offer a 12-month/12,000-mile limited powertrain warranty, which adds peace of mind. They also boast a 7-day repurchase agreement, allowing you to return the vehicle if it doesn’t meet your expectations. Enterprise’s website is easy to navigate and provides detailed vehicle information.

Avis Car Sales

Avis Car Sales operates a slightly different model, often partnering with local dealerships to sell their former rental vehicles. This can provide a more localized experience but might introduce some of the traditional dealership negotiation processes. They may not always offer the same standardized warranties or return policies as Hertz or Enterprise, so due diligence is key.

Independent Used Car Dealerships

Many independent dealerships acquire vehicles from rental car companies and offer them for sale alongside their regular inventory. This can be a good option if you prefer to shop around and compare prices from multiple sources. However, thoroughly inspect the vehicle and ask pointed questions about its history. The dealer may not always disclose the car’s rental past unless explicitly asked.

Online Marketplaces

Websites like Carvana, Vroom, Cars.com, and Autotrader are fertile ground for finding former rental cars. You can use their search filters to narrow your options and compare prices across different sellers. However, exercise caution when buying a car online sight unseen. Obtain a vehicle history report, request detailed photos and videos, and consider a pre-purchase inspection by a qualified mechanic before committing.

What to Look For (and Look Out For!)

Regardless of where you buy your former rental car, there are a few key considerations:

• Vehicle History Report: Always, always, always get a vehicle history report from Carfax or AutoCheck. This report will reveal any accidents, title issues, or odometer discrepancies.
• Pre-Purchase Inspection: Take the car to a trusted mechanic for a pre-purchase inspection. This is a small investment that can save you from costly repairs down the road.
• Tire Condition: Rental cars often have high mileage and may have worn tires. Check the tire tread depth and factor in the cost of replacement if necessary.
• Maintenance Records: Ask for maintenance records. While rental companies typically adhere to a regular maintenance schedule, verifying this is crucial.
• Interior Wear and Tear: Examine the interior for signs of excessive wear and tear, such as ripped seats, stained carpets, or damaged trim. Remember, many different drivers have used this vehicle.
• Test Drive: A thorough test drive is essential. Pay attention to how the car handles, accelerates, and brakes. Listen for any unusual noises or vibrations.

The Bottom Line

Buying a former rental car can be a smart way to save money, but it requires careful research and due diligence. By understanding where to find these vehicles and what to look for, you can drive away with a great deal and peace of mind.

Frequently Asked Questions (FAQs)

Here are some frequently asked questions about buying former rental cars:

1. Are former rental cars reliable?

Generally, yes. Rental car companies maintain their fleets and adhere to scheduled maintenance to ensure reliability for their customers. However, the degree of care can vary. A pre-purchase inspection is vital to assess the specific condition of the vehicle.

2. Do former rental cars have high mileage?

Often, yes. Rental cars tend to accumulate mileage faster than personally owned vehicles. However, mileage is not the only factor to consider. A well-maintained car with high mileage can be a better option than a poorly maintained car with low mileage.

3. Are former rental cars cheaper than other used cars?

Usually. Because of the higher mileage and the fact that they were primarily used by multiple drivers, rental cars are often priced lower than similar used cars from private sellers or dealerships.

4. What are the potential drawbacks of buying a former rental car?

The main drawbacks include potentially higher mileage, wear and tear from multiple drivers, and the risk of unknown driving habits. However, these drawbacks can be mitigated with careful inspection and a vehicle history report.

5. What kind of warranty is offered on former rental cars?

Warranty options vary depending on where you buy the car. Hertz and Enterprise often offer limited warranties, while independent dealerships may offer third-party warranties or none at all. Read the warranty terms carefully before making a purchase.

6. Should I negotiate the price of a former rental car?

It depends on where you’re buying the car. Hertz and Enterprise typically have no-haggle pricing, while independent dealerships may be more open to negotiation.

7. How do I know if a used car was formerly a rental car?

The vehicle history report will usually indicate if the car was previously part of a rental fleet. You can also ask the seller directly.

8. What are the best makes and models to buy as former rental cars?

Popular and reliable models that are frequently found in rental fleets include Toyota Camry, Toyota Corolla, Nissan Altima, Hyundai Elantra, and Ford Fusion.

9. Can I finance a former rental car?

Yes, you can typically finance a former rental car through a bank, credit union, or the rental car company’s financing arm. Compare interest rates and loan terms from different lenders to get the best deal.

10. Is it better to buy a former rental car online or in person?

Buying in person allows you to thoroughly inspect the car and take it for a test drive. Buying online can offer a wider selection and potentially lower prices, but it requires more caution and reliance on online information.

11. What should I do after buying a former rental car?

After buying a former rental car, be sure to register the vehicle, obtain insurance, and schedule a tune-up to ensure it’s in good working order.

12. Are certified pre-owned (CPO) former rental cars worth the extra cost?

CPO vehicles undergo a more rigorous inspection and often come with an extended warranty. If the extra cost provides you with peace of mind and added protection, it may be worth it. Weigh the benefits against the price difference.