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Columns: Driving for Dollars
Driving for Dollars  
Driving for Dollars
Looking for a used car? Newer models used as rentals have low mileage, a good price and excellent maintenance.
Driving for Dollars

Buying a used rental car makes sense
 

I am looking to buy a used van or SUV. Is it safe to buy from a rental agency? They offer decent rates and financing, too -- but are the vehicles in good condition?

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Buying cars coming off rental can often be a good deal. They tend to have 12,000 miles to 15,000 miles on them but are only a year or so old. They still have warranties and, as you point out, the rental agency often will offer financing. They've also usually been maintained well, but I'd ask to see the service records before I bought one.


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Bankrate.com's corrections policy -- Posted: Jan. 23, 2009
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NATIONAL OVERNIGHT AVERAGES
48 month new car loan 3.22%
60 month new car loan 3.24%
48 month used car loan 2.98%
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