Buying a rental car

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Updated: 3/28/2003 12:53 pm Published: 3/28/2003 12:53 pm

Many companies sell cars out of their rental fleet. There are advantages and disadvantages of buying a rental car. Some of the advantages are competitive financing, bottom-line, no-hassle pricing, and the presence of a large inventory with many makes and models. You can avoid new car depreciation by purchasing a used car. Some consumers prefer buying a rental car to an individually owned used car because all maintenance records are usually available to the buyer and the factory warranty may still be in effect. In addition to the factory warranty, some rental companies offer their own supplementary warranty and may even have a customer satisfaction policy that acts as a safety net for the buyer. However, multiple owners may equal varied, and in some cases, poor treatment of the vehicle. The previous renters may have mistreated the car, thus subjecting it to more wear and tear than normal. It's always best to have rental cars inspected by a mechanic before buying. For more information, contact your local car rental company.

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