Monday, August 6, 2012

The Major Advantages & Disadvantages of Buying a Used Rental Car

Rental cars are much like any other used car and therefore might be in a similar condition with the usual scrapes, minor scratches and other damage that over time occurs. The one thing that may differ is the state of the engine. Rental cars are normally regularly serviced because they need to be reliable vehicles that are suitable to be rented out.

Larger companies normally change rental cars when they are two or maybe three years old. This is the time they have also reached the largest portion of their depreciation. With this said, rental cars bought from these larger companies tend to be more expensive to buy.
Over recent years the demand for used cars has changed with it still growing all the time.? Rental companies offer you a good option when it comes to buying a second hand car. Contrary to popular belief, used rental cars are not vehicles that have been abused by drivers, but rather cars that have been well maintained with records of their service history.

You can find older models of rental cars being sold at auction, with a lot of people choosing to buy a used family car from public auctions on? regular basis. Rental companies are not usually out to make a profit on the cars they sell, and this means you can find a bargain which may be a lot cheaper than going to a used car dealer.

The Pros & Cons of Buying a Used Rental Car

Pros:

  • You know where the car has come from
  • You know the car has been well maintained mechanically as well as having been regularly cleaned both on the exterior and the interior
  • You might be able to pick up a bargain
  • The car may have low mileage
  • Rental companies change cars every two of three years, not because the vehicles are no longer reliable or have a problem
  • There may still be some warranty on the vehicle

Cons:

  • There is no guarantee a used rental car has been driven correctly both by the hirer and the people working for the rental company.
  • Car rental companies inspect a vehicle when it is returned to them. However, they inspect the exterior and the interior but they do not know if the car has been abused mechanically due to bad driving

You should have a third party inspection done when thinking about buying? a used rental car.

Source: http://auto.3steps.com/tips/the-major-advantages-disadvantages-of-buying-a-used-rental-car

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