What are your thoughts on rental car purchases? Have you ever purchased one? Tell us about your experience!
I bought a 2007 Hyundai Sonata in 2009 that was originally a leased car. It’s still going, but we sold it just at the beginning of 2023.
You might enjoy this Seinfeld clip about rental cars. Most of it involves taking and holding a reservation, but then, the care of the vehicle by the renter 
Seinfeld Clip about rental cars
I know that during COVID many rental cars out here were sold off and then may have been a better deal as they were not being driven (but then again no maintenance).
If a rentral car is damaged, I wonder if that data is sent to CarFax and others or just retained by the rental company.
If there is a car evaluation company near you, you might ask them their opinion if the rental cars generally are in good shape compared to private parties.
I have rented cars before and found the radiator not full si I know that they may not be checking everything often.
Family members have purchased from Hertz. They have their rent to buy program where you rent the vehicle you plan to purchase. You have a couple of days to rent it and decide if you want to go ahead and buy it. That way you can check it out and take it to a mechanic to look it over.
It’s a myth that rental cars are abused. It’s mostly business people who rent a car, drive to meetings, hotel, dinner, etc. Even if an occasional driver does jackrabbit starts or hard braking a car can handle it. Never had a problem.
2 Likes
Lease is usually one owner vs. the dozens and dozens of drivers during a rental car lifetime.
Two things I think you can expect when buying a rental car.
- A history of abusive treatment by drivers and passenger users.
- An above-average maintenance history, like oil changes, repairs and checkups.
Rental cars are like any other used car, there are good ones and there are bad ones. If serious about one, have it checked out by a mechanic before purchase like any other used car.
Human observation, experience and information from someone in the business.
Unless the proclivity of people between the ages of 24 thru 55, while on business trips and conventions tend to whoop it up and thoroughly enjoy themselves while away from the restrictions of accompanying spouses have substantially changed since 1990, it’s a risk you take on when buying a rental car. It often results in spilled drinks, scuffs and stains in some unexpected places. 
I had a friend in AK who owned his own car rental company and he often had cars that were abused. In my experience, people don’t treat things they rent as well as they treat things they own.
Inexperience in driving a particular car model will often result in un-intended stuff, like driving with the parking brake on, just watch the Amazing Race episodes on TV and you’ll see it in action.
I have been buying “fleet” cars for over forty years and while there were several that weren’t great, most of them were. I disagree that rental companies don’t take care of their cars as well as owners. It is not that the rental companies maintain their cars all that well it is that many owners are even worse.
I agree with Clark that the rental companies are keeping the cars longer now and maybe that changes things in a significant way. Most of the cars that I bought were less than two years old and had less than 30,00 miles on them.
Yes, both my mother and I have bought rental cars and we’ve had good luck with them and certainly got them at a better price, however the last time we went looking for a used car we found that prices were no better than those at a dealership. I think that is likely because they cut back on their fleets during the pandemic and have little to sell right now. In 2012 I was able to buy a 2011 Nissan Altima Hybrid in Mississippi for less than 15K. That was not a vehicle that was ever sold in Mississippi. I had to leave it when I moved back to California during the pandemic.
On the positive side, rental cars are usually well-maintained and may be available at a lower price than regular used cars. Additionally, the variety of options may help you find a car that suits your specific needs. However, rental cars also tend to have higher mileage and wear and tear, which may lead to issues down the line. Furthermore, the limited warranty offered by rental car companies means that there may not be as much coverage in case of problems.
I have been buying rental cars on a regular basis since the 70’s and have had good luck with them. As you said, they have usually been well maintained. I have found that if you look hard enough you can find low mileage cars that have most of the factory warranty left. For instance, I purchased a 2001 Buick Century in May of 2001 with less than 20,000 miles on it. So, the gently used cars are out there, but it takes some luck and work to find them.
I bought one from Enterprise. To start with the deal was not great, I should have stopped there, later I discovered it had been in an accident, I also had severe electrical problems with it, in other words, Never Again!
You are correct that car rental companies are holding on to rental cars longer now with more mileage. They are not necessarily a good buy today. However, that has not always been the case. I purchased one for my wife about 8 years ago. I watched closely for 6-8 months before purchasing the right vehicle. I knew what I wanted. The one I found was $10,000 less than anything similar at any dealership within two metropolis’ and it only had 14,200 miles on it. We’ve never had an issue with it. Also, I rented for many years and found most people renting were like me, they do not abuse rental cars as others have noted (unless you’re considering a sports car perhaps). I did long-term rentals for almost 10 years and would receive a notification to have the oil changed as I approached every 8,000 miles, similar or less than most new cars recommend. Until prices and mileage loads come down, I doubt I would purchase from a rental company at this time.
The damage info is supposed to be registered. I know some i looked at online several years ago did show incident reports on car fax. I looked at cars through Hertz and Enterprise.
I know a couple of people that bought them during Covid and rental companies were selling them off to avoid going under. What I do not know is if the manufacturer warranty is still valid…