How to get the most bang for your buck when shopping for used vehicles from rental car companies

Hertz rental cars Justin Sullivan/Getty Images

A new fleet of bargain-priced premium rental cars is flooding the used car market after the travel industry and major rental car companies, including Hertz and Avis, experienced an enormous economic downturn.
If you're looking to buy a used rental car, it's important to do your due diligence: Check the warranty and ensure all maintenance and safety recalls are complete.
It also might be helpful to ask for a second opinion when you're inspecting.
Check resources — like Hertz' searchable online database — to assess all competitive deals and pricing, and keep an eye out for any documentation or administrative fees that can up the total price.
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It's no secret that the travel industry has been hit hard by the current pandemic, with major players such as airlines and cruise companies taking the brunt of the economic damage associated with millions upon millions of canceled trips. Less publicized has been the trickle-down effect on businesses like rental car companies that live in symbiosis with the mass migrations of vacationers and businesspeople.

For consumers, however, there's a silver lining: As demand for rental cars decreases, companies are offloading fleets onto the used car market. This has given luxury car buyers a fresh source of bargain-priced premium vehicles.

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