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Smart Shopper Purchasing Rental & Program Vehicles
188 messages, Last post on May 17, 2009 at 10:54 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
| I needed a cheap AWD vehicle (wife works for a hospital and has to be there regardless of what the weather is). I bought a "preowned" 2003 Mitsubishi Outlander XL, AWD at the local Mitsubishi dealer back in July. The car had 10,000 miles on it, and was VERY clean inside and out, and under the hood - even the fluids looked brand new. I got it for $13,500 + tags, tags after negotiating for an hour. I even got the dealer to beat my credit union's interest rate. I found a Hertz brochure under the seat of the car, as well as some other papers that showed it had been a Hertz car. I took it to a different Mitsubishi dealer after I bought it (one down the road from my work place) and had them fully inspect it. Since I knew it had been a Hertz car, I especially had them look at things like the brakes. They told me the car appeared to be in excellent condition. They said the brake pads were still at about 85% of the thickness of new pads. The car runs great and is very smooth. I get 25mpg going to work, and got 29mpg on the couple of trips it has been on - not too bad for full time AWD. Anyway, I would have to say that this one seems to have been taken pretty good care of before me. | |
A hertz outlander was probably taken care of better than most Mitsus that were sold to someone that couldn't make the payments. As long as you didn't find any paperwork from the Baja 1000, it is probably just a nice maintained, barely used car.
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Replying to: stickguy (Oct 05, 2004 5:12 am) |
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maybe I should have used an emoticon  Although there have been stories of people renting cars, racing them, and then turning back in. |
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| Back in the 60's didn't guys actually rent Mustangs from Hertz for the sole purpose of drag racing them? I thought I heard that somewhere, but that was before my time!!! | |
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that was the Shelby GT 350Hs that Hertz had. Who knows how many were actually raced vs. urban legend. More recently, there have been reports of a bolt-on nitrus kit for a Neon. You rent one, slap the kit on, take it to the drag strip, take the kit off, and return the car. |
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| There's probably some underground automotive accessories catalog floating around somewhere entitled "Performance Parts For Rental Cars". Everything you need to turn your rental into a street racer in under 4 hours, and then back!!! | |
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2005 Taurus SE MSRP $23,050 Invoice $20,965 TMV $21,268 After Rebate TMV $19,268 2005 Focus ZX4 SE MSRP $18,340 Invoice $16,975 TMV $17,385 After Rebate TMV $15,385 Given these Edmund's prices for NEW vehicles, what would be a reasonable price to pay for these cars as ex-rentals with 10K on the odometer and six months in use? In each case a used 2004 can be purchased for $3000 under the New 2005 TMV, so a used 2005 must be somewhere inbetween. Appreciate any insight anyone can send my way. Don
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Replying to: fordfool (May 12, 2005 7:14 pm) Earlier this year, one of my friends purchased a NEW 2004 Ford Taurus SE at a dealership for $11.8k. Granted, it was an "end of the year deal" but still. I would not pay over $10.5k for the Taurus. I can get a 2003 Taurus SE with 50-60k miles off-lease from one of the major leasing companies for $5.5k which would imply a retail of $7-7.5k. Ford is selling the 2005 Taurus to a lot of the corporate fleets in the $17k range. Hope that helps. |
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Replying to: fordfool (May 12, 2005 7:14 pm) |
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