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To: rllngrk33

Always available. We’ve bought three cars from Hertz. They’re generally a year to a year and a half old with 30-40,000 miles on them. They run $800-1,000 below Kelly Blue Book. We’ve had mechanics tell us we got great deals. It’s the flip side of the depreciation that happens in the first year of a car’s life. Hertz takes the hit but doesn’t care because of the rental income. They just need to get rid of them. First one was Rent to buy. Other two were off the lot which I would recommend.


68 posted on 05/23/2020 6:24:25 AM PDT by Dilbert56
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To: Dilbert56

Car rental companies take the depreciation hit, but it’s an expense they use to reduce taxable income, so it’s not a big deal. It’s part of their overhead.

A person just buying a car for their own use doesn’t have that option.


70 posted on 05/23/2020 6:36:00 AM PDT by Disambiguator
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