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Would you buy a former rental car?

Posted on 6/15/17 at 4:44 pm
Posted by AUjim
America
Member since Dec 2012
3659 posts
Posted on 6/15/17 at 4:44 pm
I used to be dead set against this, but now I'm kind of rethinking my stance...

Found a 2wd 4runner with 23k miles. Does the fact that it's a former rental vehicle void the remainder of the mechanical warranty? Thoughts?
Posted by Cool Hand Luke
Member since Oct 2008
1800 posts
Posted on 6/15/17 at 4:50 pm to
I bought one a few years ago. Had no trouble whatsoever. I would do it again.
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3786 posts
Posted on 6/15/17 at 5:02 pm to
There's likely not any issues with it, but the idea really bothers me. Basically the same reason a "one owner" vehicle raises the value, a rental is the complete opposite of this.
Posted by TheWalrus
Member since Dec 2012
40339 posts
Posted on 6/15/17 at 5:02 pm to
I did, outstanding buy so far
Posted by bovine1
Walnut Ridge,AR via Tallulah,LA
Member since Dec 2004
1273 posts
Posted on 6/15/17 at 5:05 pm to
I'm driving one right now I got in January 2011. It's been a great car. I recognize the concerns people have but the cars are discounted so I weigh that as well.
Posted by gobuxgo5
Member since Nov 2012
10023 posts
Posted on 6/15/17 at 5:17 pm to
I've never felt the price was ever low enough to be worth it versus non rentals.

1st- I drive actual rentals much differently than my personal car (and not in a good way)

2ns- it's on the title and this can devalue the trade in amount

Posted by Retrograde
TX
Member since Jul 2014
2900 posts
Posted on 6/15/17 at 5:27 pm to
I rather buy a rental than a 1 or we vehicle. You know the maintenance has been done, and repairs are OE.
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
5825 posts
Posted on 6/15/17 at 6:14 pm to
one year old rentals, 10-15K miles, on reliable models carry plenty of value...national rental companies get rid of almost all at 30K miles...you would be surprised at the amount of rental vehicles on the chevy,ford etc used car lots
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 6/15/17 at 6:28 pm to
Have been driving one for 5 years, no issues, would buy another without a second thought.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 6/15/17 at 11:15 pm to
OP - how much?
Posted by AUjim
America
Member since Dec 2012
3659 posts
Posted on 6/15/17 at 11:44 pm to
Asking 31k-not the world's greatest price, but pretty good for my area and can possibly keep me from having to spend a whole saturday driving to a bigger city close by to get a better deal...
Posted by LSUFanHouston
NOLA
Member since Jul 2009
36916 posts
Posted on 6/16/17 at 12:49 am to
Rental use does not void the warranty from manufacturer.

I bought a minivan in 2009 that was a rental that was one year old with 7K miles on it. Got it for 12K less than a new one was priced. Drove it for about 160K more miles over 7 years with no issue. Within the last 10K miles/1 year, started acting up a pretty good amount, so got rid of it before something major broke on it.

Last week I bought a Toyota Camry that was a rental, 29K miles and a year and a half old. Again, about 12K or so cheaper than a new version.

Both of them I bought from dealerships. Both had gone through the auto auction. Both of them I took to a mechanic (my FIL) to have him assess.

Both times, I test drove about a half dozen other rentals that I rejected. Most of them were due to cigarette smoke, one of them this time just didn't handle right.

Both had squeaky clean carfax reports.

On both of them, and I know this may go against the auto gods of the MT, we purchased extended warranties. On both of them, we were able to negotiate these extended warranties for both a longer period of time AND a reduced price. We did it as a hedge just in case anything went sideways due to prior lack of maintenance. On the van, I used it once: at 99K miles (just before it expired at 100K) to replace a window motor that was acting slow.
Posted by buccaneer88
San Antonio, TX
Member since Nov 2016
666 posts
Posted on 6/16/17 at 10:19 am to
I did 4 years ago and haven't had any problems.
Posted by baldona
Florida
Member since Feb 2016
20364 posts
Posted on 6/16/17 at 10:28 am to
My wife's car was a rental, bought it at 22k miles and we have had 2 different warranty things that we've had done. No issues at all. Great car, it was in like new condition, leather, etc. No issues what so ever. We plan on driving it to 120k miles or so, got a great deal on it so I'm not too worried about resale.

While I may accelerate more harshly with a rental, in general I'm more careful as far as parking and driving goes. The last thing you want is to deal with a small ding with a rental, even with good insurance its a PITA. Unless you are buying a sports car, I don't think your average rental car is going to be driven poorly. Most are rented by businesses/ business people or families.

Now, would I buy say a Ford Mustang convertible in South Florida or Hawaii that was rented? Hell no.
Posted by jb4
Member since Apr 2013
12631 posts
Posted on 6/16/17 at 10:43 am to
Would you date a stripper ?
Posted by Hazelnut
Member since May 2011
16430 posts
Posted on 6/16/17 at 10:50 am to
I feel like a rental company is usually the most responsible kind of car owner you can get. So I'd say it's a pretty good buy. I never did it before but my parents bought my sister a used rental car in college and it's been great for her
Posted by baldona
Florida
Member since Feb 2016
20364 posts
Posted on 6/16/17 at 11:09 am to
quote:

Would you date a stripper ?


Please explain the difference between buying from a rental car company and buying from a single owner lease? Do you really trust a single owner on a lease type of vehicle? The rentals may have an occasional bad driver for a couple of days, but in general they do the routine maintenance on time and OEM. While a lease often has free oil changes, you cold buy a car someone couldn't afford and they traded in with out ever doing an oil change.

IMO, the risks are just the same. But worse case scenario for a single owner is much worse and more likely with a single owner over a rental.
This post was edited on 6/16/17 at 11:10 am
Posted by greenwave
Member since Oct 2011
3878 posts
Posted on 6/16/17 at 1:08 pm to
quote:

I feel like a rental company is usually the most responsible kind of car owner you can get


Good point, they are cleaned after every use and maintenance would be up to date.
Posted by dshort_bruh
Verbena
Member since Sep 2016
507 posts
Posted on 6/16/17 at 2:53 pm to
quote:

Does the fact that it's a former rental vehicle void the remainder of the mechanical warranty? Thoughts


Was it a rental through Toyota? If it is at a Toyota Dealership it should be certified.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 6/16/17 at 5:41 pm to
quote:

Good point, they are cleaned after every use and maintenance would be up to date.


I have an inlaw that buys a new car about every five or six years and never changes the oil, if I were not taking care of my wife's car she would likely drive it until something broke and never do basic maintenance.
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