Car rental firms within the U.S. have been impacted by the novel coronavirus outbreak, with most residents remaining at residence and decreasing their travels following lockdown orders in numerous states.
Among the biggest automotive rental firms affected by the pandemic is Hertz, which final week filed for chapter within the U.S. Much of the corporate’s income was reported to be from automotive leases at airports, the place passenger site visitors has plummeted following the outbreak, in accordance with the most recent report from the Transport Security Administration.
Many automotive producers have additionally seen gross sales take a plunge following the outbreak. Volkswagen and Toyota noticed their U.S. gross sales drop in March by 42 p.c and 35.three p.c, respectively. GM and Fiat Chrysler additionally noticed U.S. gross sales fall in March by round 10 p.c, Agence-France-Presse studies.
Several struggling automotive rental firms are providing decreased costs and different offers to promote their unrented autos. Now might be a great time to bag a cut price used automotive deal.
Hertz is providing a selection of used cars, with worth classes starting from underneath $7,000 to underneath $20,000. Car manufacturers provided embody Buick, Chevrolet, Chrysler, Dodge, Ford, Hyundai, Nissan and Toyota, amongst others, with fashions from 2016 to 2020.
“We offer free, no obligation home test drives and vehicle delivery within 75 miles of your local dealership,” the corporate notes.
The firm additionally affords a Rent2Buy choice, which permits clients to lease a automobile for as much as three days at a particular price or take it for a two-hour complimentary take a look at drive. If you resolve to buy the automotive, the rental prices shall be waived. In most states, you should buy the automotive from residence.
“Please also know that we continue to maintain our high standards for safety and cleanliness. In addition to practicing preventative measures to reduce the spread of germs within our facilities, all of our vehicles go through a rigorous, multi-step cleaning process after each test drive,” the company states.
“We remain vigilant in upholding these practices and will take additional precautions as recommended by the Centers for Disease Control & Prevention (CDC), World Health Organization (WHO) and local governments,” it provides.
Avis is providing automotive purchases with no down cost and no cost for 45 days in a choice of states.
“To take advantage of the no money down, you must be approved by one of our lending partners with approved credit. To qualify for the 45-day payment deferral, you must be approved by Ally bank and meet all criteria. All with approved credit,” the company states on its website.
“No payment for 45 days is available in the following states only: California, Florida, Georgia, Massachusetts, Texas and Washington. Offer good through 6/30/2020. Qualified buyers must be approved, sign all documents related to the sale and take delivery of their vehicle no later than 6/30/2020,” the corporate notes. Other phrases and circumstances apply. See the company website for full particulars.
In view of the continuing outbreak, Avis also notes: “We enhanced the techniques used to clean our vehicles after each rental. In particular, we are paying special attention to interior customer touch points such as seats, steering wheels, door handles and other hard surfaces. We are also cleaning our facilities frequently with recommended sanitizing products.
The company is also “extending your Preferred Plus and above [membership] standing for one more yr via January 15, 2022, no matter your 2020 rental exercise,” Avis confirms on its website.
Enterprise is offering used cars with payment plans starting from under $300 a month, based on a vehicle price of $21,000, down payment of $4,200, and $16,800 financed for a 72-month term at 8.35 percent APR (Annual Percentage Rate). Other terms and conditions apply. See the company web site for full particulars.
“Our group members are following greatest practices really useful by the Centers for Disease Control and Prevention (CDC) and different well being authorities throughout this coronavirus outbreak. We’re implementing further measures throughout COVID-19 to wash and disinfect our dealerships and autos in alignment with steering from well being authorities,” the company notes.
“In most areas, you may nonetheless take a look at drive a automotive through the coronavirus outbreak. At this time, a group member won’t accompany you on the take a look at drive so as with the CDC and different well being authorities’ suggestions throughout this coronavirus outbreak,” it adds.
Sixt is providing special offers on a selection of cars from 2019 priced from $23,900. Car brands offered include Toyota, Land Rover, Mercedes-Benz, Jeep and Ford.
“Our international Sixt community stays usually working. There is perhaps sure restrictions in extremely affected coronavirus areas. If sure branches must briefly shut as a result of present state of affairs, we’ll proactively contact our clients and discover a resolution collectively,” the company notes.
“We have distributed hygiene supplies and launched intensive cleansing processes to reduce virus transmission in our branches. Additionally, we’re following the suggestions of the WHO to scale back the chance of transmission through the coronavirus outbreak by updating our operations,” the company adds.
Some precautionary measures in place include building plexiglass counter screens in all branches and having all agents in contact with customers wear face masks, if required by the local authorities.
Dollar Rent A Car
Dollar Car Sales, the Seattle outlet of Dollar Rent A Car, is offering a “particular low cost” to all front line workers fighting the outbreak. See the company website for more details.
The company is also offering “Web Specials,” with deals including a 2019 Toyota C-HR for $18,888 and a 2018 Toyota Camry for $16,488.
A selection of other used cars, priced from $7,000 to $21,000 and above, are also for sale.