“However, some rental vehicles such as luxury cars aren’t the most popular rental car choices, and these cars enter the market with significantly lower mileage than average,” said Ly. ISeeCars found that the average rental car sold in May had 31 percent higher mileage than used cars from typical dealerships.
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“Consumers might not consider used rental cars because they typically have higher mileage than late-model used cars that are often off-lease, but there are benefits to buying from a rental company including the fact that they are well-maintained and follow a regular maintenance schedule.” “The former rental cars with the greatest discounts are a mix of vehicle types across a wide range of price points, so shoppers in the market for a late-model used vehicle should consider these cars,” said iSeeCars CEO Phong Ly. Sedans are the most represented vehicle category on the list with 11 followed by SUVs with six, hatchbacks with four, two pickup trucks, one minivan, and one convertible. Best Deals on Buying Hertz Rental Cars Twenty-five vehicles can be found with savings of at least 10 percent below market value. Some vehicles can be found with savings far greater than average. Hertz vehicles can currently be found on average for $1,389 below market value, which is 43.3 percent more than the average discount for Hertz vehicles in April at $969. ISeeCars analyzed over 20,000 used cars from model years 2017 to 2019 listed by Hertz Car Sales® in May 2020, to see which vehicles provide the biggest cost savings. This presents significant deals to consumers in the market for a late-model used vehicle.
#Best deals 2017 cars update#
Because car rental agencies continually update their fleet to keep it current, their vehicles for sale tend to be from recent model years. As a result, Hertz has recently declared bankruptcy and has begun selling its vehicles through Hertz Car Sales® at deeper discounts. This gallery originally appeared as a story from Business Insider here.Used Rental Cars from Hertz with the Biggest Discounts The rental car industry has suffered in the wake of the COVID-19 pandemic as travel has come to a standstill. Here’s a closer look at US News and World Report’s Best Cars for the Money list for 2017. In total, import brands took 15 of the 20 categories. “However, these wins show that Toyota and Lexus go beyond the basics and impress reviewers with the performance, comfort and connectivity of their products, while also providing compelling pricing and ownership costs versus the competition.”įollowing close behind Toyota, Honda/Acura emerged victorious in four categories. News Best Car rankings managing editor, Jamie Page Deaton, said in a statement. “Most consumers know to look to Toyota for value and reliability,” U.S. The biggest winner this year is Toyota/Lexus, whose vehicles took the top spot in five categories. US News’ list rates the best value in 20 vehicle categories, ranging from hybrids to full-size trucks. In addition, the publication obtained five-year cost of ownership data from Vincentric. The publication took into consideration a car’s performance, safety, comfort, and reliability, but it also used data to determine the average cost of purchase.
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This is exactly what US News and World Report delved into when creating a list of the best cars for the money. You have to consider the quality of the car, how much you’ll pay and how much it costs to operate the vehicle in the long run. But getting a car that is a great value extends past the price you pay at the showroom. Best 2-row SUV for the money: 2017 Nissan MuranoĮveryone is looking for a great deal when stepping into the shiny halls of a car dealership.