Should I Buy an Ex Company Car
The reason for this is a change in the approach of companies that have a fleet. A company car is no longer considered a “non-man`s car”, which can be treated as scrap metal and never bears the consequences. In most cases, you will find that ex-fleet/rental cars are very well maintained. Any company that buys a fleet of vehicles will do everything in its power to ensure that the resale value is as high as possible. The concept of these offers is simple: buy a car that previously served as a company car. For large companies, it is often a good idea to regularly renew their entire fleet and offer their used models at a high discount. It also makes a lot of sense. Many brands have introduced cars that are just as functional and entertaining, and that do not break the bank. These are the cars you should look at if you are interested in Ex fleet models. All this means that you should stay away from ex-rents.
They may seem a lot from the outside and the prices can indeed be spectacular. But the risk is very high that you regret this decision. On the contrary, today the users of these cars treat them almost as well as theirs, because the company`s policy obliges them to do so. Although you expect the mileage to be slightly higher than a private used vehicle, the majority of fleet/rental cars will have spent a lot of time on the highway and will travel long distances at a constant speed. These are optimal conditions to prolong the condition of the engine – and the car should have had fewer potholes and speed bumps than driving in the city. Specifically, if you damage your company car, you may have to pay for the damage out of your own pocket. Fleet owners are also required to have vehicles serviced regularly, which is a good thing to know if you want to buy a car from them. However, there is one general tip that you should keep in mind: make sure that extras are not removed from the car before the sale and are included in the sale price.
And of course, the extras should actually be useful for you. Otherwise, you`ll only pay for things you won`t really use. About 1 in 5 newly sold vehicles in 2019 was a “fleet purchase,” a car or truck purchased by a car rental company, other type of business, or government agency that purchases vehicles in bulk, from three or four at a time to tens of thousands per year. Eventually, most of these approximately 3 million fleet vehicles purchased each year will end up on used car properties or for sale online. Rental cars are most likely the first to appear in the used car market, and state vehicles are most likely the last. Former fleet drivers are not allowed to own the car. However, you certainly don`t want to go too far. Reckless conduct with company-owned property can be a potential source of conflict. Some may even drive their company car with more caution than their own. Some really believe that there is a secret deal that can change your life: the cars of the ex-fleet. Three arguments are put forward against these cars: the second advantage is the variety of ex-fleet vehicles available: you can choose the majority of makes, models, body types, engine versions and accessories.
Almost all segments of the automotive market are sold from the fleet, from urban and compact cars to the middle class and representative vehicles of the premium class. According to the Cars Guide website, “times have changed, fleets are more diverse than ever, and suddenly buying a former fleet driver is a much more attractive proposition.” They quote an insider who said, “The fleet cars that are coming in now really only reflect the types of cars purchased privately.” A car that has completed its fleet life is definitely worth your attention if it is a higher class car. So, if you`re looking for an ex-fleet trip, look for one that has been used by someone who is more successful than a sales representative. There are no secrets in the automotive industry. Or is it? What if there was a way to buy an amazing and well-maintained vehicle at a much lower price? Is there really such a chance? And if so, why haven`t you heard of it yet? It`s true that ex-fleet cars rarely show up when discussing other car financing options. And it must be said: they can indeed offer good value for money. How come they are not more popular? Rental cars, on the other hand, are more likely to be used for motorway journeys. Of course, they are also driven to the cities, but the rents that are 20,000 miles in a year have probably done most of the time on the open road because people rented them for the holidays. .