How to Buy a Used Car From a Rental Agency

If you've ever rented a car before, then you probably wondered what happened to the cars after the agency retired them. They can only run the cars for a specific period of time, usually a few years before they're retired and replaced. Many companies sell off their older cars directly to the public. It's a great way to save money, while still getting a fairly new car from a reputable company.

Instructions

1

Decide what type of vehicle you're looking for before checking out prices. Rental car agencies typically use a specific brand or make on their lot. Thrifty uses Ford models and Budget focuses on Dodge products. If you're interested in a specific vehicle, looking for the agency that uses them is a good idea.

2

Check out the websites of the rental agency and look for locations in your immediate area. Most agencies have used car lots either attached to their rental office or separate from the office. Others list the cars they have available for sale on their website.

3

Visit the car rental sales lot and look around at the different vehicles for sale. At any given time one of these lots may have hundreds of cars out for sale, depending on the time of year. This gives you the chance to see what they have available and if there's anything you like.

4

Compare the price of the car with the current value by looking in Edmunds or another value guide. A value guide tells you exactly what the car is worth based on current market conditions. Rental agencies are usually fairly good about offering cars below their value guide price, but you should still make sure you're getting a good deal.

5

Make your purchase. Purchasing a used rental car is similar to purchasing any used car. As long as you have the deposit and financing or the total purchase price ready, you can buy your new/old car. Discuss the things included in the price as well as the warranty before laying down your money.