Go Back   EcoModder Forum > Off-Topic > The Lounge
Register Now
 Register Now
 

Reply  Post New Thread
 
Submit Tools LinkBack Thread Tools
Old 06-16-2020, 06:29 PM   #11 (permalink)
JSH
AKA - Jason
 
JSH's Avatar
 
Join Date: May 2009
Location: PDX
Posts: 1,365

Adventure Seeker - '04 Chevy Astro - Campervan
90 day: 17.3 mpg (US)

Dieselgate - '14 VW Jetta Sportwagen TDI
90 day: 38.24 mpg (US)
Thanks: 58
Thanked 759 Times in 516 Posts
Quote:
Originally Posted by redpoint5 View Post
CarMax sells rental vehicles?

I suppose the warranty appeals to some people, but the cars already carry whatever the remainder of the manufacturer warranty is left. Reconditioning might have some value too, but in my experience it mostly amounts to heavy use of Armor All on the interior surfaces.

If you ask a dealer how a used car was driven, if it was driven by a young male or an old grandma, the maintenance records, etc, they can't tell you anything. All that stuff is known by an owner though. I suppose a rental vehicle would have regular maintenance, but then again just about any newer vehicle would have been maintained per schedule.
Yes, CarMax sells rental vehicles - all dealers do. Most of their cars come from wholesale auctions and rental companies send a huge volume of cars to auctions. (You should go to a wholesale auction if you get the chance - they are CRAZY)

Dealers also sell their loaner cars which are just rentals that the customer doesn't pay for.

  Reply With Quote
The Following 2 Users Say Thank You to JSH For This Useful Post:
redpoint5 (06-16-2020), Xist (06-16-2020)
Alt Today
Popular topics

Other popular topics in this forum...

   
Old 06-16-2020, 06:49 PM   #12 (permalink)
home of the odd vehicles
 
rmay635703's Avatar
 
Join Date: Jun 2008
Location: Somewhere in WI
Posts: 3,279

Silver - '10 Chevy Cobalt XFE
Thanks: 340
Thanked 646 Times in 481 Posts
Quote:
Originally Posted by JSH View Post
The same way
also includes a 1 year / 12K mile warranty on their cars. They also provide financing and take trade ins.

How is Hertz different than CarMax?
Uh huh, hertz is expected to be gone in a matter of weeks if their efforts fail.

That is how they are different and puts them into the wholesale pricing only category
  Reply With Quote
The Following User Says Thank You to rmay635703 For This Useful Post:
Xist (06-16-2020)
Old 06-16-2020, 06:59 PM   #13 (permalink)
EcoModding Newb
 
redpoint5's Avatar
 
Join Date: Aug 2010
Location: Oregon
Posts: 7,897

Acura TSX - '06 Acura TSX
90 day: 25.55 mpg (US)

Lafawnda - '01 Honda CBR600 F4i
90 day: 47.32 mpg (US)

Big Yeller - '98 Dodge Ram 2500 base
90 day: 21.82 mpg (US)

Prius Plug-in - '12 Toyota Prius Plug-in
90 day: 57.64 mpg (US)

Mazda CX-5 - '17 Mazda CX-5 Touring
90 day: 23.74 mpg (US)
Thanks: 2,606
Thanked 3,109 Times in 2,314 Posts
It astonishes me there are so many rental companies. They really should be consolidated into what, 4 companies? How are they differentiated anyhow?
__________________
Gas and Electric Vehicle Cost of Ownership Calculator







Give me absolute safety, or give me death!
  Reply With Quote
Old 06-16-2020, 08:18 PM   #14 (permalink)
Rat Racer
 
Fat Charlie's Avatar
 
Join Date: May 2011
Location: Route 16
Posts: 3,816

Al the Third, year four - '13 Honda Fit Base
Team Honda
90 day: 42.9 mpg (US)
Thanks: 1,568
Thanked 1,722 Times in 1,109 Posts
The same reason there are a ton of different hotel brands and car brands: false choices. Chevy, Buick, Cadillac, what's the difference? Chrysler/Dodge/Jeep/Ram are even worse.

Enterprise, Alamo and Avis are the same company. Avis, Budget, Payless and Zipcar are the same, and Hertz, Dollar and Thtifty are all the same.
__________________

Quote:
Originally Posted by sheepdog44 View Post
Transmission type Efficiency
Manual neutral engine off.100% @MPG <----- Fun Fact.
Manual 1:1 gear ratio .......98%
CVT belt ............................88%
Automatic .........................86%

  Reply With Quote
The Following User Says Thank You to Fat Charlie For This Useful Post:
Xist (06-16-2020)
Old 06-16-2020, 10:51 PM   #15 (permalink)
JSH
AKA - Jason
 
JSH's Avatar
 
Join Date: May 2009
Location: PDX
Posts: 1,365

Adventure Seeker - '04 Chevy Astro - Campervan
90 day: 17.3 mpg (US)

Dieselgate - '14 VW Jetta Sportwagen TDI
90 day: 38.24 mpg (US)
Thanks: 58
Thanked 759 Times in 516 Posts
Quote:
Originally Posted by rmay635703 View Post
Uh huh, hertz is expected to be gone in a matter of weeks if their efforts fail.

That is how they are different and puts them into the wholesale pricing only category
If Hertz was going to sell cars at wholesale prices they would just send them to auction and be done with it.
  Reply With Quote
Old 06-16-2020, 11:21 PM   #16 (permalink)
Not Doug
 
Xist's Avatar
 
Join Date: Jun 2012
Location: Show Low, AZ
Posts: 9,499

Chorizo - '00 Honda Civic HX, baby! :D
90 day: 35.35 mpg (US)

Mid-Life Crisis Fighter - '99 Honda Accord LX
90 day: 35.36 mpg (US)
Thanks: 6,457
Thanked 1,817 Times in 1,376 Posts
At least we can still choose between Alain Mikli, Arnette, Costa Del Mar, Eye Safety Systems, Luxottica, Oakley, Oliver Peoples, Persol, Ray-Ban, Sferoflex, Vogue Eyewear, Giorgio Armani, Armani Exchange, Brooks Brothers, Bulgari, Burberry, Chanel, Coach, Dolce & Gabbana, Emporio Armani, Michael Kors, Miu Miu, Polo Ralph Lauren, Prada, Ralph Eyewear, Ralph Lauren, Scuderia Ferrari, Starck Biotech Paris, Tiffany & Co., Tory Burch, Valentino, and Versace!
__________________
"Oh if you use math, reason, and logic you will be hated."--OilPan4
  Reply With Quote
The Following User Says Thank You to Xist For This Useful Post:
redpoint5 (06-17-2020)
Old 06-17-2020, 06:06 AM   #17 (permalink)
Rat Racer
 
Fat Charlie's Avatar
 
Join Date: May 2011
Location: Route 16
Posts: 3,816

Al the Third, year four - '13 Honda Fit Base
Team Honda
90 day: 42.9 mpg (US)
Thanks: 1,568
Thanked 1,722 Times in 1,109 Posts
I get mine from Zenni.

Quote:
Originally Posted by JSH View Post
If Hertz was going to sell cars at wholesale prices they would just send them to auction and be done with it.
They'd get killed at auction. They're hoping to get saps to walk in thinking "fire sale", point out how far below book they're asking and clean up on people who think they're getting great deals. The difference in what they get can keep the lights on a bit longer.
__________________

Quote:
Originally Posted by sheepdog44 View Post
Transmission type Efficiency
Manual neutral engine off.100% @MPG <----- Fun Fact.
Manual 1:1 gear ratio .......98%
CVT belt ............................88%
Automatic .........................86%

  Reply With Quote
Old 06-17-2020, 11:14 AM   #18 (permalink)
EcoModding Newb
 
redpoint5's Avatar
 
Join Date: Aug 2010
Location: Oregon
Posts: 7,897

Acura TSX - '06 Acura TSX
90 day: 25.55 mpg (US)

Lafawnda - '01 Honda CBR600 F4i
90 day: 47.32 mpg (US)

Big Yeller - '98 Dodge Ram 2500 base
90 day: 21.82 mpg (US)

Prius Plug-in - '12 Toyota Prius Plug-in
90 day: 57.64 mpg (US)

Mazda CX-5 - '17 Mazda CX-5 Touring
90 day: 23.74 mpg (US)
Thanks: 2,606
Thanked 3,109 Times in 2,314 Posts
My childhood dream was to own a company that sells various goods with zero branding. You'd know you had my company product by the quality and lack of any branding. I'd never have a "sale", but prices would fluctuate with demand, supply, and cost.

Would probably never work since it takes quite a bit of emotional manipulation to make a successful business usually.
__________________
Gas and Electric Vehicle Cost of Ownership Calculator







Give me absolute safety, or give me death!
  Reply With Quote
Old 06-17-2020, 11:26 AM   #19 (permalink)
JSH
AKA - Jason
 
JSH's Avatar
 
Join Date: May 2009
Location: PDX
Posts: 1,365

Adventure Seeker - '04 Chevy Astro - Campervan
90 day: 17.3 mpg (US)

Dieselgate - '14 VW Jetta Sportwagen TDI
90 day: 38.24 mpg (US)
Thanks: 58
Thanked 759 Times in 516 Posts
Quote:
Originally Posted by Fat Charlie View Post
I get mine from Zenni.

They'd get killed at auction. They're hoping to get saps to walk in thinking "fire sale", point out how far below book they're asking and clean up on people who think they're getting great deals. The difference in what they get can keep the lights on a bit longer.
They wouldn't get "killed" any more than any other dealer / company selling cars at auction. Yes, dumping all their cars at once would depress prices - for everyone. If Hertz completely fails and liquidates their cars will go to auction. Dealers will buy them and then sell them to public at retail prices.

The point of selling cars direct to buyers is to get more money per car. Someone buying from Hertz is no more a sap than someone buying from any other dealer. Hertz is selling for less than average dealer prices so yes that is still a deal.

You aren't going to get wholesale prices from a dealer and the general public isn't allowed into wholesale auctions.

Again, how is a 1 year old car selling for less than 50% of new not a deal?
  Reply With Quote
Old 06-17-2020, 11:57 AM   #20 (permalink)
home of the odd vehicles
 
rmay635703's Avatar
 
Join Date: Jun 2008
Location: Somewhere in WI
Posts: 3,279

Silver - '10 Chevy Cobalt XFE
Thanks: 340
Thanked 646 Times in 481 Posts
Quote:
Originally Posted by JSH View Post
If Hertz was going to sell cars at wholesale prices they would just send them to auction and be done with it.
700,000 cars would cut the black book in half or less, right now thatís at parity with the entire pandemic North American market.

AKA If they were charging a legitimate wholesale+ amount to the retail market they would sell, if they dumped into the actual wholesale marketplace values would simply drop off a cliff

Hard place to be in but it is what is it is.

  Reply With Quote
Reply  Post New Thread


Thread Tools




Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2020, vBulletin Solutions Inc.
Content Relevant URLs by vBSEO 3.5.2
All content copyright EcoModder.com