Never Buy a Rental Car From This Place

Never Buy a Rental Car From This Place


rev up your engines, I’m always being
asked by my customers and by you viewers Scotty should I buy a used car from a
car rental agency, and my answer is generally no, I would not buy a used car
from a car rental agency and my first reason for not wanting to buy a car that
came from a car rental company has to do with me and other people who rent cars,
all the time when I travel distances I don’t have time to drive, I fly in a plane
then I rent a car, and when I rent cars generally I beat the heck out of them,
I’m in a hurry I don’t care what kind of roads I go on, I really don’t care where
I parked the car, they’re not taken care of by the drivers all that much, rental
cars often take large beatings over a couple of years hundreds of people
probably rent each individual car, who knows how they drive, how they took care
of it, if it hit curbs, if they backed up into stuff, and here’s a big thing that a
lot of people might not understand but they’re gonna find out now, most major
car rental places they’re self insured they’re not insured them through a
company, they insure themselves they’re so big they save money that way,
but it can be a bad thing if you’re buying a used one from them, if you’re self
insured hey to handle all in a house what happens is, if it’s been in a wreck
you may never find out, do a Carfax if it didn’t go through an insurance
company, carfax isn’t gonna have any information on, oh gee it was wrecked and
then they fixed it, they do that all in house, I had a costumer bought a Mazda from
one of these car rental places, about a year later he got in a little wreck and
his body man said, hey look at this this cars been in a big wreck before because
it’s got an aftermarket bumper on it it’s not the Mazda bumper, well he was
never told that the car had been in a wreck but unfortunately for the car
rental company my customer was a lawyer he was gonna sue them and they said what do
you want he says well you know I want the money back I paid for the car and I’m
gonna keep the car, and so that’s what they gave him, so basically you got a
free car but still that was the car that had been in a wreck, and you take a big
company like say Hertz last I checked they had over 400,000 cars that they had
that they were renting out in the United States, that’s a lot of cars and a lot of
stuff can fall under the cracks, I wouldn’t advise
anybody to buy one of those cars myself and that actually brings me to another
reason not to buy a car from them they’re priced way too high, they’re all
done by their bookkeepers to say, well we depreciated this much of this, and if
they say one $22,500 for the car, that’s what they’re gonna ask, and they won’t
accept anything less, their selling cars and they said these cars go for this kind of
money we don’t take anything less, and as I said in a previous video, the book
value of cars is artificially inflated in the United States, the companies that
make these book ratings of what cars are worth are now owned by companies that
sell used cars, so it’s a very corrupt system, take England in England used cars
are much cheaper than the United States because they don’t have such a corrupt
system as they do here in the United States, to give you an analogy go to a
jeweler, show him a diamond ring get it appraised and then say okay what will you
give me for that, well they’re gonna give you a tons less because they wanna sell
it and make a bunch of money, so it’s to their advantage that the sales price for
them is really high, even though the actual value is much lower, and with
these car rental companies like I said they say one low price, you know what a
bunch of nonsense the money that they want to get and if you don’t want it hey
they won’t sell it to you, because in reality used cars are used, anything
that’s used as far as I’m concerned has whatever value anybody will pay for it,
there is no actual value set in stone and considering that you’d be buying a
used car that have been driven by hundreds of different people and the
price is really high, it’s not fair if you buy a car from one owner car, you
know he took care of it, he’s thinking well I’m gonna keep it for a while I’m
gonna sell it so I’m gonna take good care of it fine,
but if you’re buying a car that’s been driven by hundreds of different people,
at a really high price it’s just not a smart thing to do, the rental car
companies get a big deal I mean look at Hertz if they own over 400 thousand cars
that they’re renting out, they’re gonna cut a pretty tight deal on what they’re
gonna pay for these cars, so my friend who worked on the Chevy factory said hey
we all knew the next five thousand were going to rental car, so we didn’t have to
be that great on the fit and the finish because it wasn’t being bought by a
private individual who might look at the car examine it, make sure everything’s
okay it’s being sold in a fleet to a rental
car company, let’s face it even when you rent a car, when you bring it back
there’s usually a very cursory check of the car when you bring it back, specially
guys like me if I fly out early in the morning and it’s five o’clock in the
morning, and you drive it in, a guy just kind of looks around the car and checks
the mileage and sees it’s full of gas and that’s it, and personally I have to
vouch on this they seem to be cheaper made the ones that are sent on rental
car companies because I rented a car once in Wisconsin, well I got in the car
and closed the door on the inside one time and a couple of screws fell out on
my lap from the dash when I closed the door I guess they weren’t so prideful in
Indiana and when they made that rental car, if these rental car companies are
cutting the best deal that they can, for the companies making them thinking, well
they really cut us down we’re not making much profit so let’s whip these
things out as fast as we can, over the decades I’ve been renting cars I had
cars where the dashes weren’t even glued in right they were crooked, a lot of them
had much more rattles than normal cars that my customers had in them, even
though they were low mileage when I was renting them, and if you’re looking at
buying a used one say of a model that’s notorious for having transmission
problems, people who are renting them their driving the heck on them they
don’t care that the transmission is weak it’s not their car, a private individual
owns one, odds are they’re gonna take better care, they’re not gonna drive it
as fast, taking chances with the transmission by over revving it and
stuff, but when it’s a rental car hey that stuff happens all the time, so
if you got a relatively weak transmission to begin with and you’re
buying a rental car with that, hey I’ve had many customers have that happen and
the transmission went out within a couple years of them buying the vehicle,
and of course another reason I say not to buy them is the maintenance factor,
guys who are mechanics for the car rental companies, they don’t get paid
like regular mechanics do at a dealership, as an example last I checked
they were paying about $33,000 a year for the mechanics and Hertz,
well the Ford mechanics they’re getting paid on average about $47,000 a year, so
not only are the mechanics at the rental car places being paid less, they have to
work on all the different kinds of cars that the company buys, where say a guy is
working at a Ford dealership he’s only working on Fords, he has all
the specialized equipment at the Ford garage,
and of course he’s gonna do a better job he’s getting paid more, he has better
equipment, and people can say all they want, oh we have service records for it,
it’s paperwork it means nothing, I’ve been in many rental cars where the
maintenance light were on, when I checked the oil the oil was low because they
hadn’t changed it regularly enough, Hey paperwork doesn’t mean anything ,anybody
can fill out paperwork what’s actually done that can be another story entirely,
but let’s say you’re in a pinch you got to get a car fast, well let’s face it
they got a lot of late-model cars and yes you’re gonna overpay, they charge
too much for them, but let’s say your looking at a Toyota Corolla, you’re
looking at a really bulletproof car, I’ve got customers with them that have two-
300,000 miles and basically all they ever did in the cars was change the oil
and filter, and the brake pads when they wore out and they’re still running
strong, so they can take a lot of abuse before they fall apart, so if you’re
hard-pressed to find a decent car, maybe get a Toyota Corolla from one of these,
but please don’t go buy a Chrysler from one of these things, their bad enough new,
and you buy one that’s been driven by hundreds of people, I had a customer
do that once with a Sebring and that car just fell apart in the first year that
he owned it, and if you are going to buy a used car from a rental car company, you
pay a guy like me a professional mechanic to check it out before you buy,
because as I say as their self insured it might have been in a wreck you’re never
gonna be able to find out, but a good mechanic
we can find that stuff out, when I’m checking out a used-car, first thing I do
is go all around with a flashlight and look for mismatched paint where I can
see, hey this black parts got a little white on it and it’s a white car
obviously it’s been wreck and repainted, we can find that stuff pretty fast and
of course don’t listen to anything the salesman says, I’ve done that for
customers and showed them that, look this car was obviously in a wreck, and they
go back and they say oh your mechanic is crazy, oh look the paperwork shows it’s
never been in a wreck, well like I said paperwork anybody can make up paperwork
actually obvious that the cars been in a wreck, you don’t buy it
and you can’t trust anybody these days, so you have a mechanic check it out
before you buy, you can tell paint imperfections and if you see that this
fender is a little different color than the hood, you’ll know it’s
been wrecked, then you walk away from their car right away and start looking
at the other ones, a lot of times right before they sell them, they do all the
cosmetic stuff, so let’s say you’re looking to buy one
use your nose too, because if you smell fresh paint all over the place, you know
they’ve touched it all up and they painted it all over just to sell it to
you and then you might find a year later all that paint starts to fade off
because they didn’t do such a hot job, again there’s a great deal of difference
between a private individual that’s selling their own car that they knew, if
I take care of it I’ll get decent money when I sell it, versus a corporation that
has hundreds of thousands of cars, that when they sell them they just want to
get it to look as shiny as possible on the outside and unload them as fast as they
can because they have hundreds of thousands of them that they have to get
rid of, my advice is stay away from buying a used car from a rental car lot, so if
you never want to miss another one of my new car repair videos, remember to ring
that Bell

About the Author: Michael Flood

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