Hertz cars are like any other used vehicle in the market, but when it comes to buying rental automobiles, they have specific pros and cons. We will examine the positives and negatives of buying from Hertz, so you can decide yourself if these rental cars are worth the money you spend on them.
If you ask me, I’d say buying a Hertz car isn’t a bad option if you have done your research and inspected the vehicle thoroughly. Yes, the life of a rental car is tough, and they travel more miles than average, but reputed companies like Hertz maintain them well and strictly follow the service schedules.
Allow me to share the facts with you and then make your buying decision.
Hertz Car Sales is a department of Hertz Global Holdings, Inc., which is a reputable public company. The support team is always there to respond to your queries, and you can make a claim against them (if needed). In fact, “Hertz was named #1 in Customer Satisfaction in Rental Cars by J.D. Power in 2019 and 2020.”
Test Drive and Rent2Buy
It is always prudent to test drive a pre-owned car before buying it. Hertz offers a free, two-hour test drive and a 3-day “test rental,” allowing you to rent the vehicle at a specific rate. If you like to purchase it, the company will give up the rental charges. Please note Rent2Buy might not be available on all vehicles in the inventory.
Hertz Buyback Guarantee
Hertz Guarantee allows you to return the vehicle within seven days or 250 miles after the acquisition, whichever comes first. If you like to change it for a more loaded and costlier vehicle, you can do that by paying the cost difference; else, you can get your money back. However, you have to pay “a cleaning and recertification fee of $200…as well as any excess wear or damage to the vehicle.”
12-Month/12,000-mile Hertz Warranty
In addition to factory warranty (applicable to lower mileage less than three years old cars), Hertz certified cars come with a 12-Month/12,000-Mile powertrain warranty as well as an extra protection plan. The warranty and protection plans cover repair or replacement, travel breakdown protection, alternate transport coverage, towing coverage, and fluids coverage.
You usually do not get such a warranty on used cars from dealerships.
Hertz is a big rental company, so they buy vehicles in volume, at a cut-rate. Therefore, when it is time to sell, they have the liberty to offer you lower prices compared to conventional dealers. The discount may vary from car to car.
Hertz says their prices are normally lower than the Kelly Blue Book value. However, in my limited research, I found that some cars are cheaper at Edmunds, but they do not have the warranty Hertz offers on certified vehicles.
Well Maintained Vehicles
Reputed rental firms like Hertz are keen to maintain their vehicles for utmost customer satisfaction. They follow all the service and maintenance schedules listed by manufacturers. While they may or may not offer the maintenance records, they encourage you to examine the vehicle by your mechanic to certify the quality of the car.
Finance Available For Bad Credits
Hertz allows you to apply for finance through its lending partners even if you have bad credit. They are currently working with:
- Bank of America
- Wells Fargo
- Capital One
You might have to pay a higher interest rate with bad credit, which is typical while requesting auto finance in such a situation.
Newer Vehicles With Manufacturer’s Warranty
Since it is common for Hertz to sell its rental cars after 1 to 2 years, you would be in luck to get a newer vehicle with the latest tech and safety features. They might have a few more miles on the odometer than regular used cars, but you can always pick those under the manufacturer’s warranty.
Variety of Vehicles
Apart from having the liberty to choose newer models, you can pick the body style of your choice. They have everything from hatchbacks, sedans, coupes to SUVs, wagons, and pickup trucks.
Being a rental company with a large fleet, they also have vehicles of every make and model. So, it doesn’t matter if you are a Chevy lover or fancy Ford; they have a car for you.
You never know how many people have rented the car you want to buy and abused it. In reality, a rented car may have experienced tens of owners in just about two years, and some of them would have driven it aggressively and abused it.
On the other hand, a standard car has one to two owners in the same period, who feel proud to take care of their new possession.
On average, a U.S. vehicle covers around 14,000 miles in a year. However, a rental car may have double or triple miles on the odometer at the same time.
Nonetheless, it shouldn’t be a problem if Hertz has maintained it properly and offers a warranty. Of course, it should be reasonably priced for you to consider a higher-than-normal mileage car.
Possibly Out Of Warranty.
Since rental cars record more miles than regular vehicles, they might pass factory warranty coverage in just about two years. If you buy such a vehicle, you have to pay for all repairs and replacement, especially if it isn’t a certified Hertz car.
Rental companies usually do not buy range-topping models with all bells and whistles, so it might not be easy for you to find upscale models. Therefore, if you are interested in buying a fully loaded, advanced, and safe vehicle, it might be hard for you to see it in Hertz’s inventory.
Having said that, I see many cars available at Hertz Car Sales featuring the latest technologies. You can use their filter tool to add the advanced tech you need in the car.
After reading all the pros and cons, I hope you are better positioned to decide between Hertz and regular used cars. However, here’s a final piece of advice to buy a Hertz.
- Pick a Hertz Certified car
- Have a mechanic inspect it for peace of mind
- Go for a low mileage vehicle
- Pick a model with an extended manufacturer’s warranty
- Find a car with a good reliability score
- Run a VIN check
- Do your research and compare models you are interested in at different platforms
Before buying any vehicle, it’s always worth investing a few dollars to check the VIN number against a database. An audit with a company like VinAudit (links to VinAudit) will guard against Mileage fraud, Salvage rebuilds, Title washing, and Vin cloning.
Check the Edmunds.com link below to see what Hot deals are on offer right now, but be warned, I sometimes lose an hour or more to the eye candy on offer.Car Research and Pricing at Edmunds
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