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Hertz, a car rental company, announced last month that it will acquire Dollar and Thrifty, two rental car companies that are actually part of the same company. The result of this acquisition, should it be successful, would leave only three major car rental companies left serving the United States:. Not so fast, says Avis. Dollar and Thrifty are considering the interest that Avis has in acquiring them as well.

However, anti-trust issues are certain to arise regardless of whether Hertz or Avis acquires Dollar and Thrifty. Meanwhile, FlyerTalk members speculate about how this acquisition, should it be approved, will affect such issues as car rental rates and quality of service. The next stop is?!?

News and Weather. Travel Alert October Severe Weather Affects Northeastern United States See which airlines have either issued or amended travel waivers as a result of this weather event. That survey asks 12, respondents to rate their experiences, including the reservation process, pickup, return, and cost. Accoding to Jennifer Corwin, client services supervisor for J. Latest Posts Tips that can make you a more savvy traveler 11 Mar Tips for first time car renters 17 Feb Taking the edge off long road trips 20 Jan There are likely to be at least hundreds of thousands of rental cars sold into the used car market said Zo Rahim, manager of economic and industry insights for Cox Automotive.

He said it's tough to know how deep the cuts will be. Want to buy a used car? Rental car companies are offering up some good deals. Hertz said it has sold 41, cars from its US fleet and another 13, cars in Europe in early March, but that the halting of used car auctions and closure of many used and new car dealerships essentially brought sales to a halt. The difficulty in continuing to sell cars is one of the reasons it cited as the cause of its bankruptcy filing.

Avis Budget said it already cut its US fleet by 35, in the first half of March. But it clear as used car sales channels gets back to normal, so will plans by the rental car companies to slash the size of their fleets. Hit to automakers' sales to consumers.

That drop in used car prices will hurt the automakers' new car sales in a couple of different way. First of all it will create an alternative to a new car purchase for some buyers who would be looking to buy. Now they can buy a late model, relatively low mileage used car at a faction of new car prices. And that's bad news especially now with so many potential buyers dealing with financial setbacks during the Covid pandemic.

And while the lower prices for a used car could be good for used car buyers, it's bad news for new car buyers. It can reduce the value of their trade-ins. And it can also raise the cost of leasing a new vehicle, the price of which includes a calculation for the value of the car at the end of the lease. And none of it is good for the automakers, which are already struggling with problems of bringing production back online after shutting US factories for nearly two months.



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