It’s a tough time to be a rental car company. Record low demand has left a massive unused inventory on their lot and companies like Hertz are selling that inventory as fast and cheap as they can. Buying a heavily discounted luxury rental car could be a great way to get into a car you’ve might have otherwise been unable to afford.
Hertz’s rental car sell off is a key part of their current attempts to survive – especially after their failed attempts to float a billion dollars of new stock despite having filed for bankruptcy. The travel slowdown has been especially hard on rental car companies who often have heavily leveraged vehicle fleets sitting at airport garages. Now those car are largely unused, collecting dust, and Hertz is trying move as many of them as they can – and that means deep discounts. Really deep.
This includes their Luxury Rental Car collection includes cars from companies like BMW, Cadillac (they have a lot of these…), Audi, Jaguar, LandRover, Infiti, Mercedes Benz, and Buick (if you consider them a luxury car…). We’ve highlighted a few of these deals below, and where possible compared them to a similar model sold by Hertz competitor, Enterprise Rental Car.
In most cases, Hertz’s prices were better.
Despite their financial situation, Hertz will still provide financing for the vehicle you purchase, or you can bring your own – and they will deliver the car for free if you live with 100 miles of the car you are buying.
2019 Cadillac XTS w/ 32k miles for $21,693
Hertz is selling this car, below, for about $2.5k cheaper than a similar car being sold by Enterprise Rental Car Sales here and well below Kelly Blue Book.
2019 XE 25t Jaguar Sedan w/ 25k miles for $22,000
This Jaguar XE 25t is also being sold below Kelly Blue Book prices at a flat, no-haggle price of $22k even. It’s located in Scottsdale, AZ and has around 25k miles on it.
2019 Infiniti QX60 SUV w/ 23.5k miles for $25,995
This 2019 Infiniti QX60 has 23,500 miles on it and is being sold by Hertz for just under $26k. A similar model, with 42k miles on is being sold by Enterprise Rent a Car for a shade under $25k. In other words, Hertz appears to have the better deal again.
Mercedes Benz A220 w/ 16k miles for $26,731
Hertz will sell you a low mileage A-class Mercedes for just under $27k. The car, pictured below, is located in Phoenix
See all Hertz Luxury Cars for Sale Here
See all Hertz Cars for Sale Here
Learn about the Hertz Reward Program Here
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All Images sourced from Hertz.com and are of the actual cars for sale. We do NOT earn a commission on cars you may buy. Prices are subject to change.
It’s look like a good deal but very risky here is why. Many of these high performance engines require meticulous care and they are not given that. Gas is a big one, these cars require the top of the line octane fuel to run. 92 or higher is required by the manufacturer and if not will cause engine issues and will void the warranty. When was the last time you filled a rental car with premium grade fuel? Hertz has also deferred and missed maintenance schedules. Customer rents a car a long term rental and the oil change light goes on. They drive another 2000 miles before they return the car and the oil is like glue. Be careful when buying
How accurate is KBB these days? I’m not really in the market but have been watching online sales of luxury vehicles recently out of curiosity – seems to me used luxury cars are really cheap right now. Anecdotally feels like around 10-15% cheaper than for an equivalent purchase a year ago. I guess my point is that i’d be careful comparing Hertz used prices to Enterprise and KBB to determine whether one is getting a “good deal”. Those do appear to be pretty decent deals that you show above, but I bet one could get an equivalent price for a car that wasn’t run into the ground by renters.
I just bought a BMW from Hertz. Prices on many of their cars are cheap.
The only vehicle listed with decent (not even excellent) reliability is the QX60. When I check Hertz I discover very few Toyota and Hondas. The ones they do have, have less impressive discounts.
Do they have r/v campers
We didn’t see any
Yeah, a lot of these are in the middle of KBB “Fair Market Price,” some on the high side or even above.
Just a bunch of B.S. — this is no “Fire Sale,” and of course rental vehicle drivers treat the vehicles like crap.