I couldn't tell you the exact amount (since I don't know), but I'm sure there is a volume discount since you're talking about hundreds of thousands of cars per year.
My particular employer purchases them directly from the manufacturer, but I suppose some smaller companies might go through dealerships.
Look in your rental contract. Most car rental companies include roadside assistance when customers rent out their cars.
What I heard is that they don't want to deal with cars older than 3-4 years because they'll have to pay for repairs. Therefore, the only way to always have new cars is to sell the old ones. ** Rental companies must circulate 1-2 years to keep current with what the manufactures make. All rental compaies MUST purchase a certain amount of NEW manufactured cars- there fore they must get rid of the 'older ones' to dealerships to make room for that new stock. To re-coup the purchase costs, the sell the higher miles ones (typically 10-40k miles). (about 50-70% of cars you see at dealerships are purchased rental cars) As for 'not wanting to pay for repairs' .... rental companies DO make repairs. The ones they do not is if the total estimate of the damage exceeds the value of the car. -jsparkles
All rental car companies dispose of their rented cars either themselves or through other agents. However most people are cautious about rental cars because they've been driven by people who didn't own them and wouldn't have to pay for damages. Enterprise, Hertz and Avis all sell their own used cars.
No major car rental companies are willing to rent to someone under the age of 21, although if you are under 25, you may be forced to pay a surcharge. Only New York and Michigan require car rental companies to rent cars to people as young as 18.
Of course. Customers never return cars CC fraud Cars stolen off the lots Customers cars are stolen Bandit Tow Companies. Customers cc is declined at rtn and no way to pay Just to name a few
This may very from state to state, but from what I am aware of the cars are bonded, which means the company has proven being able to pay for damage. The company pays for damages out of their pockets.
Most insurance companies pay for a rental car. Check with your agent. Sometimes they pay for a week but other companies might only pay for three days.
At several car rental places, you can reserve your rental online, then when you get to the counter, they ask for the card for verification.
Unless you purchased insurance at the time of the rental, you are responsible to use your own insurance to pay for the damage. This applies primarily to the large rental companies (enterprise, hertz, etc) It varies from State to State. Each state sets it's laws to what is the rental cars responsibility.
Luxery rental cars can cost you $10,000 to even $15,000 more then a standard vehicle.
As long as you pay the insurance premiums, there is no limit to the number of cars one driver can insure. The insurance companies will be happy to do business with you.
You can find companies that apy consumers to put adverts on their personal cars by registering online with websites such as PaidRide or FreeCarMedia. Once you are a member, you get access to the directory of companies which will pay for car advertisement.