Archived posting to the Leica Users Group, 2013/12/17

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Subject: [Leica] ex Rental cars
From: lrzeitlin at aol.com (lrzeitlin at aol.com)
Date: Tue, 17 Dec 2013 20:19:53 -0500 (EST)

"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