Autotrader.Com and Hertz hook up on Rent2Buy listings
Hertz is broadening the scope of its online vehicle sales program, Hertz Rent2Buy, this time with AutoTrader.com.
Hertz Rent2Buy gives customers the option of taking a vehicle on a three-day test drive to decide if they would like to purchase it. Consumers who find the AutoTrader.com listing for program vehicles are then forwarded to Hertz Rent2Buy's website. From there, the customer can complete a reservation for a test rental of the vehicle.
During the rental period, the potential buyer can drive the vehicle under real-world conditions and get it inspected by an independent mechanic. Rental fees for three-day test rentals vary depending on model, but if the customer proceeds with the purchase of the vehicle, the rental charges are waived. If the customer decides not to buy the vehicle, the transaction will be treated as a standard rental, according to the company.
Hertz currently has an agreement with Chase Auto Finance to offer its Hertz Rent2Buy customers financing options. In the first phase of the agreement with AutoTrader.com, more than 3,000 vehicles at about 2,500 Hertz locations in 20 states will be available to AutoTrader.com visitors.
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