Archived posting to the Leica Users Group, 2013/12/17
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]"In my case, however, both cars were bought from a new car dealer of relevant brand, had been properly serviced all the way and were not the type of cars you could drive off road even if you wanted to. And each had more than 2 years left of the 3-year factory warranty." Nathan is right. A close relative, a Chevrolet dealer, told me that most of the profit a car dealer makes from a car rental is the subsequent sale of the rented car to a buyer at the end of the lease. He advised me, in confidence, to buy formerly rented cars instead of new ones. Let the renter take the immediate depreciation. Cars leased to fleets or car rental firms like Hertz are even cheaper but tend to be harder used. Larry Z