Used Car Dealerships in New Jersey - Enterprise Car Sales (2024)

FAQs

Why are rental cars sold so cheap? ›

Many used rental cars have lower price tags than you'll find from used car dealerships or even private parties. Some of the differences may come from their condition or mileage, but it also stems from the fact that rental car companies buy in high volume.

Car rental companies do not hold on to their fleet for more than 2 years and since the cars are bought in volume and pay less upfront when reselling it could be an affordable rate for the buyer. During the period of ownership, they follow service schedules well and closely.

Enterprise has a newer and larger fleet of vehicles compared to any of our car-sharing competitors. We have car types for any occasion including hybrids, SUVs and fuel-efficient sedans ensuring that the largest fleet of cars to share is also the most environmentally friendly.

It is the seventh-biggest private company in America, raking in $35 billion in revenue last year, mostly from renting cars but also from smaller businesses like car sales and leasing as well as truck rentals.

Now, as travel is beginning to surge, rental car companies are working to acquire new vehicles – but a computer chip shortage is making that difficult and used car prices are high as well. The rental car shortage in the United States may persist throughout much of this year, impacting travel plans and vacation budgets.

According to the J.D. Power 2023 North America Rental Car Satisfaction Study, Dollar and Thrifty are ranked the lowest of all car rental companies, based on responses from more than 8,500 travelers who rented a vehicle from an airport location between August 2022 and August 2023.

I've seen rental cars rotated out of the fleet as low as 25,000 miles, but I've also seen 60,000 miles. At least from what I have personally seen, 30,000 miles is a fairly common mileage that fleets replace rentals at. It's not necessarily the mileage, but the age of the vehicle. It's more about image.

If you are asking about the main-stream rental companies, rarely more that 1–2 years old. Once the get to that point, they are generally moved to their sales lots or auctioned off. There are cut rate companies that may let them go a up to 3–4 years, but not many. I typically get one that is 1 year old or newer.

Enterprise GPS tracking is a type of GPS tracking for fleets so that enterprise companies can monitor vehicle assets' real-time location and activities.

Enterprise Rent-A-Car competitors include Avis Budget Group and Hertz.

Who did Enterprise merge with? ›

The holding company was formed on August 3, 2009, as a result of Enterprise Rent-A-Car's 2007 acquisition of Vanguard Automotive Group, the former parent company of National and Alamo.

Enterprise Holdings

Enterprise Rent-A-Car / Parent organization

The company has rebranded to Enterprise Mobility. “Since day one, we've been inspired by a bold idea: creating better experiences for how the world moves,” said Enterprise Mobility President/CEO Chrissy Taylor.

Enterprise Rent-A-Car is the largest rental car company in the United States, with more than 9,000 "home city" locations, and over 230 airport locations.

Enterprise employees

Most Enterprise drivers don't expect a tip, so it's a pleasant surprise. They should be tipped just like cab drivers.

Why Do Rental Companies Sell Cars? Rental car companies like Avis sell cars to make room for newer models in their fleet. When this yearly switch-over happens, hundreds of cars that have barely lost their new car smell become available to the general public for purchase.

Lower payments: The monthly loan payment for a car you own is generally more than a monthly rental payment. No fees/taxes: Standard expenses include taxes and fees at purchase and registration and inspections every year when buying a car. You're not responsible for any of these in a long-term rental.

The first thing to keep in mind is that rental car prices change a lot, and there are a number of factors that determine the price on any given day. Prices can fluctuate because of the season, a particular holiday, the car category, the rental company and timing, just to name a few.

When renting a car, it is common for car rental companies to require a security deposit to cover potential damages not covered by insurance. Deposits are typically placed as holds on debit or credit cards.