Hertz is going bankrupt

• May 23, 2020

• #1

Photon440

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Cancelling the purchase of hundreds of thousands of new cars...
https://autos.yahoo.com/automakers-stand-lose-most-hertz-165000470.html

 

• May 23, 2020

• #2

DeltaV

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They are selling off nicely equipped Z06 C7 models at heavy discounts too.

https://www.motorauthority.com/news...re-sale-on-2019-chevrolet-corvette-z06-models

 

• May 23, 2020

• #3

J

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I would never buy a used rental car, I know the abuse I’ve put some through. The old Hertz rent a racer are sought after, just have to wait a few decades.

 

• May 23, 2020

• #4

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Its Chapter 11 so it means restructuring of debt.
There is so little air travel now nobody rents cars.

 

• May 23, 2020

• #5

dadsbee

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Any GT350-H's available??

 

• May 23, 2020

• #6

polywideblock

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in the USA, Australia and New Zealand are still going good

 

• May 23, 2020

• #7

Budnicks

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Probably come back after the "pandemic"
realigned restructured, less debt, rid of some dead weight etc.

Hertz was/still is a mainstay in Rental cars...

 

Last edited: May 23, 2020

• May 23, 2020

• #8

moparsaver

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17 bucks a day...How much for 1 hour?

 

• May 23, 2020

• #9

chtampa

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Where am I going to get Donuts now?

 

• May 23, 2020

• #10

JackR

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The rental car lot at Phoenix airport is packed with Hundreds of cars. They haven’t moved in months.
Then again the tarmac has parked planes too. Both areas out of room.

 

• May 23, 2020

• #11

#41

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jmk77379 said:

I would never buy a used rental car, I know the abuse I’ve put some through. The old Hertz rent a racer are sought after, just have to wait a few decades.

Click to expand...

Most people are responsible renters. My family have bought multiple former rental cars over the years: 75 Torino, 85 New Yorker, 86 Buick Regal, a 90'2 Pontiac 4-banger something, a 95 Neon, two Taurus's, a 2000's Honda Civic, etc. They can be found with low miles and generally come with a guarantee and a big price reduction off new. All of them over the years have been great cars and lasted many miles with the exception of the '95 Neon, which I blame on Chrysler, not the rental company.