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Purchasing Rental & Program Vehicles

188 messages,  Last post on May 17, 2009 at 10:54 AM

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What is this discussion about? Car Buying


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#180 of 188
Re: What do you think about this used car rental? [lhy] by oldfarmer50
May 01, 2009 (3:41 pm)
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Replying to: lhy (Apr 29, 2009 4:44 pm)

"...it was a rental/fleet car till about 120K..."
 
Yikes! Over 70K miles of dozens of different yahoos "seeing what it can do"? I would be leery of ANY car with 132K miles but a rental with that milage? Get it checked top to bottom and then offer them $500.
 
If they argue with you tell them that the price for scrap metal is way down.
#181 of 188
Re: buying a rental car [volvomax] by lokki
May 07, 2009 (10:15 am)
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Replying to: volvomax (Jul 15, 2008 9:33 am)

Seriously, rental cars are the same as any other car coming off the assembly line.

 
You know, in the 80's I bought a Toyota Tercel with 12K miles on it from National Rental Car.....figured - Hey! It's a Toyota and a pretty simple one at that. What could go wrong?
 
Well, nothing did, except that the tires, brakes, and battery all only lasted until 15 k miles.
 
My theory at the time was that - when making purchase of 100's of cars that you know that you will sell at 12K miles, you could decrease your costs measurably by making an agreement with the manufacturer to use 'minimumally sufficient' wear items, such as, say tires, brakes, and batteries.
 
I don't think that it would be cost effective to make any structural parts especially for rental car fleets. But the consumables.... that makes sense to me
 
I don't say that this is TRUE, mind you.... but my personal experience led me to believe in the possiblity and my analytical nature made me see the cost benefits.
 
A good rule in figuring out almost anything in modern life is
"Follow the money to find the answers".
 
I also tend to believe that if I'm clever enough to figure out how to save money, I'm still usually way behind the smart kids!
#182 of 188
Re: buying a rental car [lokki] by volvomax
May 08, 2009 (10:52 am)
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Replying to: lokki (May 07, 2009 10:15 am)

My theory at the time was that - when making purchase of 100's of cars that you know that you will sell at 12K miles, you could decrease your costs measurably by making an agreement with the manufacturer to use 'minimumally sufficient' wear items, such as, say tires, brakes, and batteries.
 
100% rubbish.
 
Tire and brake wear is subject to the type of usage, not just miles.
If the car is driven mostly in a city with a lot of stop and go driving and changes of direction it is quite possible to wear them out quickly.
#183 of 188
Re: buying a rental car [volvomax] by fezo
May 08, 2009 (10:53 am)
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Replying to: volvomax (May 08, 2009 10:52 am)

That was my thought. If you're going to abuse a rental that's where I'd expect the problems to show up.
 
I haven't bought such a thing but wouldn't have any concern about doing so.
#184 of 188
Re: buying a rental car [fezo] by volvomax
May 08, 2009 (1:42 pm)
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Replying to: fezo (May 08, 2009 10:53 am)

Just another argument in favor of buying a CPO car!
#185 of 188
Ex-rental car warranty by johnwny
May 11, 2009 (10:24 pm)
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I read somewhere that the factory warranty on ex-rental cars is voided. Can anyone confirm this right or wrong? I'm looking at a ex-rental that I was going to get a extended warranty to pick up where the factory warranty leaves off. But I want to make sure that the factory warranty is still good and that I can buy a extended warranty to cover after that. The deals on ex-rentals are really good but I will not buy one without the factory warranty and extended warranty available. Also, is a ex-lease a better bet? They have more miles and are a year or two older but less abused. Thanks for any input.
#186 of 188
Re: Ex-rental car warranty [johnwny] by oldfarmer50
May 12, 2009 (5:28 am)
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Replying to: johnwny (May 11, 2009 10:24 pm)

"...They have more miles and a year or two older but less abused..."
 
I used to think the same thing until I read on these forums that dealers only care about the APPEARANCE of lease returns. It seems that if you bring the car back looking good it doesn't matter if you neglected the maintenance entirely.
 
This means you could be buying a car that hasn't had an oil change in 36,000 miles.
 
How about it car sales professionals, is this true, or am I talking through my hat?
 
I actually hope I'm wrong on this one because I would consider a lease return if there was some sort of maintenance requirement.
#187 of 188
Re: Ex-rental car warranty [johnwny] by joel0622
May 15, 2009 (10:05 am)
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Replying to: johnwny (May 11, 2009 10:24 pm)

No the warranty is not voided.
#188 of 188
Re: Ex-rental car warranty [oldfarmer50] by volvomax
May 17, 2009 (10:54 am)
Reply

Replying to: oldfarmer50 (May 12, 2009 5:28 am)

Well, all that depends on the reconditioning program. CPO cars must have their maintenance up to date for example.
Yet ANOTHER reason to buy a CPO car

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