Since Hertz filed for bankruptcy protection, the company has been forced to sell off no less than 200,000 used cars—which translates to great opportunities for you to save on the price of a used vehicle.

Purchasing a used rental vehicle from Hertz could be a cheaper car-buying option than buying from a used car dealership.

The company allows potential purchasers to participate in the Hertz rent2buy program, which gives you an extended three-day trial period before you commit to the car.

Before purchasing a used rental car from Hertz, make sure to do your research and check out your

used car financing options

6 steps to buying used rental cars from Hertz

Since Hertz filed for bankruptcy protection in May 2020, the company has been selling off thousands of used cars at bargain prices. If you’re looking for a great deal on a newer model of a used vehicle, purchasing one from Hertz could save you some money.

Here is a step-by-step guide to purchasing used cars for sale from Hertz.

1. Budget it out

To get a ballpark figure of your monthly budget, you need to think about more than just the price of the car alone.

Use a loan calculator: This will give you a better idea of what your loan term and

annual percentage rate

(APR) will be.

Don’t forget about car insurance costs: Use a

reliable insurance broker or comparison app

Jerry

to compare rates from 3 to 5 providers before settling on a policy.

2. Narrow it down

Once you’ve got your budget in mind, head over to

Hertzcarsales.com

to start your search. Taking advantage of the filter options on their website will make it easier to find the type of vehicle you’re looking for.

Filter your results: Hertz’s online filters can improve the buying experience by narrowing your search based on a vehicle’s make, model, and body type.

Check the cars out in person: You can visit a local Hertz car sales location in person to see what is available.

3. Get auto financing

The lower the APR on your

car loan

, the better. You might be able to arrange financing through Hertz. If not, shop around for a lender that can offer you the lowest APR possible.

4. Do your research

Here’s what to focus on:

Warranty coverage: Most Hertz vehicles are new enough to have warranty coverage still in place—and many Hertz Certified vehicles come complete with a 12-month/12,000-mile limited powertrain warranty.

Vehicle inspection by a mechanic: If you can’t get the vehicle inspected beforehand, hire an inspector within the return deadline so you can return the car if necessary.

Vehicle history review: Get a

CARFAX report

and make sure the vehicle history checks out.

Don’t forget the test drive! If you want to extend your trial, the rent-to-drive program will let you waive the rental fee to try out the vehicle for three days before you commit to purchasing it.

5. Check for deals

It’s always a good idea to take advantage of Hertz coupons and other opportunities to save. Hertz has a strict “no-negotiations” policy in place for their used cars, so you won’t be able to haggle prices down—but they do offer low prices right off the bat.

You will save money on the car’s price by signing up for the Hertz reward program.

AAA members

can also save.

6. Make it official

The final step in the process is to purchase your used vehicle—but remember to make sure the vehicle has

car insurance

before you hit the road!

You can use the three-day rent-to-buy program to buy some time but in most states, you will need to have insurance on your vehicle once you commit to the purchase.

Will buying used rental cars get you better insurance rates?

Buying used rental cars from Hertz can help you land a great deal on the vehicle’s price—but you can also take advantage of auto insurance savings opportunities as well. Insurance premiums are typically lower for used cars—but there can be exceptions.

“After
Jerry
found me car rental insurance, I recommended them to all my colleagues, friends, and family. The service got me just what I needed.” —Luis C.

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