Rental CX-5s showing up on Autotrader

Chocolate

Harpy Eagle
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2019 CX-5 AWD
I recently searched for 2019 CX-5s on Autotrader to check resale values. I noticed that if you sort by price low to high, there are a ton of newly listed rental cars. Take a look and see how many there are. There don't appear to be any turbo models (GT-R/Signature) with rental histories.

Due to the current destruction of rental car demand, https://www.cnn.com/2020/05/23/business/hertz-avis-budget-enterprise-C-19-crisis/index.html companies are selling off their fleets and these cars are starting to show up at dealers after being auctioned.

The U.S. rental fleet is approximately 1.5 million vehicles in total. Avis expects to reduce their fleet by 20% by the end of June. This will reduce the resale values of many non-collectible late model vehicles.
 
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2019 CX-5 GTR
some related reading:


"Wholesale prices for used cars fell 11.4% in April, but began to recover late in the month, according to Manheim’s figures. The auctioneer’s inventory was up 40% by mid-April. Manheim furloughed more than 6,000 employees because of the slowdown. "






my current personal working theory is that the auto industry is artificially propping up car sales (not going to auction) in hopes consumers won't notice and the inflated "value" of vehicles stays high. Remember there is a whole industry in lending focused around auto financing and they also have an interest in keeping vehicles prices "normal". The vehicle industry is a lot like retail diamonds... there are PLENTY of diamonds in the supply chain - but Debeers and others hold inventory to drive prices up.


even that industry is feeling the pressure


The water above the dam (vehicle inventory used and new) is just about at bursting capacity. One of two things will happen. The damn will burst (flood of vehicles dumped on the market) in hopes of makes ~some~ money OR we will start seeing reports of usable vehicles getting crushed/destroyed/shipped overseas (at a loss to protect the brand "value").

think brand protection doesn't happen?
 
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2014 mazda cx-5 touring FWD
Why bother with the dealers.Anybody check the prices of late model of compact/midsize suv's on the Hertz website.Looks like deals to be had and probably to get better.A "no haggle" price can be haggled.
 
Hertz just filed for bankruptcy. So plenty of deal to be had there. For me personally, i wouldn’t touch a rental car unless it is literally brand new. I rent cars a lot for work travel, and no one takes good care of the ride they rent.
 

Chocolate

Harpy Eagle
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2019 CX-5 AWD
I wouldn't touch one either. I find it amusing the Carfax marks a rental CX-5 with 30,000 miles as a 1 owner vehicle. More like 100 owners. However, there are people that buy them, though they sit unsold for longer, and these CXs will continue to show up in the listings on Autotrader in the near future and drag down prices a bit for these trim levels.
 
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My 2019 CX5 GT was a rental to start its life then sold to me by a Mazda dealer. Purchased it with 13k miles back in January, still plenty of warranty left. Drives like a new car and I saved 4-5k vs purchasing new, no regrets.

Most 90%+ if not all pre-owned 2019/2020's are going to be either former Mazda curtosy vehicles or former rentals. Just way it is.

My wifes 2018 was a former dealer loaner, we purchased it with 8k miles back a couple years ago. 35k on it now and it's been perfect as well.

Money talks, when you can land these at a nice savings pre-owned why not.

Any used car can be potentially driven hard, always important to have that warranty in case its needed.
 
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'14 Mazda CX-5 GT
I wouldn't touch one either. I find it amusing the Carfax marks a rental CX-5 with 30,000 miles as a 1 owner vehicle. More like 100 owners. However, there are people that buy them, though they sit unsold for longer, and these CXs will clog up the listings on Autotrader in the near future and drag down prices a bit for these trim levels.
It's like a pornstar telling you you're her first boyfriend.
 
Just to add to this, there are a few Mazda dealers in my area that snap up as many former rental Mazdas as possible for resale....some dealers sell them as CPO for 2-3k more then other dealers who don't CPO but reduce the asking price a couple grand.
Very common practice at least out here in the Northeast.
 

Chocolate

Harpy Eagle
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2019 CX-5 AWD
Every single Carfax for the first 3 pages of Price: Low to High results (stopped counting after that) are Rental vehicles. Tons of Touring models.
 
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CX5 GT-R
I wouldn't touch one either. I find it amusing the Carfax marks a rental CX-5 with 30,000 miles as a 1 owner vehicle. More like 100 owners. However, there are people that buy them, though they sit unsold for longer, and these CXs will clog up the listings on Autotrader in the near future and drag down prices a bit for these trim levels.
My last CX5 was a rental. It was fine.
 
I guess i should explain myself a bit more. A previous rental may turn out fine, but it has a higher likelihood of having being driven hard and carelessly in its first few years. Scratches and dents are also very common, often repaired without records by the rental company and nobody respects the break in period (if there is one, i realise not every car model needs one).

You pay less up front for the higher risk of having issues down the line. These are long terms, premature wear issues that will manifest themselves at the later stage of the vehicle life. If you don’t plan on keeping your car for a long time, then the risk is reduced and the deal is even more interesting. I like to keep my car until 9-10 years of use so to me early upkeep is important.
Of course, any used car has the risk of having being driven hard or poorly maintained by its owner, but with a single owner there is less chances of that happening and if you can get the backstory on the vehicle then you can make a more informed judgement. With a rental car the risk is higher, everyone can make a judgment call on wether that is acceptable to them or not. I guess my initial post should have been more along the line of : if it is a previous rental expect it to have been poorly taken care of in its first stage of life. I have seen it all, i have seen banged up cars being returned, i have received car with missing or loose trims, scratches on the bumper, rims, doors, trunk. I have added a few scratches myself accidentally on some of them. Received a car late at night with the service light on, but it was too late and left with it anyway.

These cars are more at risks of accidents and fender-bender because they are driven by people unfamiliar with the vehicle in unfamiliar locations.

So people here seems to have had good experience with the ones they’ve purchased. That’s great and i hope it remains that way but the risk is there and the price reflects it. Sometime it’s worth it, all of my previous used cars where great deal with a bit of history to them, but rental cars i am not interested in.
 
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North of Toronto
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2019 CX-9 Sig
No car is a guarantee. But Youri lays it out nicely, I'd be ashamed to say what I've done to rentals.

I don't just wonder about renters. I can't see maintenance being done to the level many on a car forum would like done. We're here for a reason, we love our cars.

Oil, brakes, filters, shocks, do I really believe the manager insisted on top maintenance? Someone here must know a mechanic who works with these rental locations. I wonder what the relationship is like.

If I were to ever get one, I'd need one under warranty. And I'd tell myself there is a downside and I'd need to live with that potential.
 
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CX5 GT-R
I guess i should explain myself a bit more. A previous rental may turn out fine, but it has a higher likelihood of having being driven hard and carelessly in its first few years. Scratches and dents are also very common, often repaired without records by the rental company and nobody respects the break in period (if there is one, i realise not every car model needs one).

You pay less up front for the higher risk of having issues down the line. These are long terms, premature wear issues that will manifest themselves at the later stage of the vehicle life. If you don’t plan on keeping your car for a long time, then the risk is reduced and the deal is even more interesting. I like to keep my car until 9-10 years of use so to me early upkeep is important.
Of course, any used car has the risk of having being driven hard or poorly maintained by its owner, but with a single owner there is less chances of that happening and if you can get the backstory on the vehicle then you can make a more informed judgement. With a rental car the risk is higher, everyone can make a judgment call on wether that is acceptable to them or not. I guess my initial post should have been more along the line of : if it is a previous rental expect it to have been poorly taken care of in its first stage of life. I have seen it all, i have seen banged up cars being returned, i have received car with missing or loose trims, scratches on the bumper, rims, doors, trunk. I have added a few scratches myself accidentally on some of them. Received a car late at night with the service light on, but it was too late and left with it anyway.

These cars are more at risks of accidents and fender-bender because they are driven by people unfamiliar with the vehicle in unfamiliar locations.

So people here seems to have had good experience with the ones they’ve purchased. That’s great and i hope it remains that way but the risk is there and the price reflects it. Sometime it’s worth it, all of my previous used cars where great deal with a bit of history to them, but rental cars i am not interested in.
As a former dealership employee, I can assure you that many personally owned vehicles are treated horribly. Oil changes happen upon trade in in some cases, lol!
We had one T Bird on the lot that made it 36k miles before it seized. No oil left. What was, was more a grease.
The cars are driven at the factory and for transport, too, and that isnt gentle especially at ports/rail yards.
I only kept my rental for 106k miles. Zero issues in could attribute to its rental life.
 
Carfax will show maintance records, I looked at this before purchase as an easy way to see if regular servicing was done.
This was the first time I purchased a former rental, so far so good.
Being it's a Mazda with excellent mechanical reliability, that goes a long way in boosting preowned confidence.
 
I recently searched for 2019 CX-5s on Autotrader to check resale values. I noticed that if you sort by price low to high, there are a ton of newly listed rental cars. Take a look and see how many there are. There don't appear to be any turbo models (GT-R/Signature) with rental histories.

Due to the current destruction of rental car demand, https://www.cnn.com/2020/05/23/business/hertz-avis-budget-enterprise-C-19-crisis/index.html companies are selling off their fleets and these cars are starting to show up at dealers after being auctioned.

The U.S. rental fleet is approximately 1.5 million vehicles in total. Avis expects to reduce their fleet by 20% by the end of June. This will reduce the resale values of many non-collectible late model vehicles.
How can you tell that it is a former rental car on autotrader? Just asking
 
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2019 CX-5 GTR
How can you tell that it is a former rental car on autotrader? Just asking
It is not immediately shown as a rental if that is what your asking. Autotrader like so many other obscure this data for obvious reasons. But let's step through the process for Autotrader.

1) find a vehicle
example: https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=551549393

1590757344137.png


first clue it is a one year old vehicle ~just shy of 30,000 miles. Rental fleets sell their vehicles at or near this mileage.

second clue - online only retailers like VROOM and CARVANA and many others grab these vehicles for an easy flip. They basically put them on a lift, look for anything obviously loose/broken. Do a basic operation test. Wash / wax / detail the vehicle and then take professional photos - blam online! I've read the turn around for one of these cars is less than 4 days.

2) scroll down to

1590757252547.png


notice still no mention of rental. But go ahead and click on the "Free CARFAX Report"

and TADA

1590757287565.png


rental vehicle history revealed.
 
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2017 BMW X1
I think the rental buying stigma is largely unfounded for non-sporty cars. Sure, some people treat them bad. But tons are airport rentals used by business travelers who do nothing but drive and park at a hotel. Also, most renters are paranoid as hell about getting charged for damage.

Now, I can see things being way different for those mustangs and corvettes for sale by hertz...
 
I am one of those business traveller. I used to be in rental cars 2 weeks out of each month. Credit card provides damage insurance and work also pays for full accident coverage so not paranoid like others may be. I don’t treat the cars i rent gently, but i don’t beat them to shit either.

I have almost never received a car without the dings and scratches that i mentioned earlier, but that is probably true of most used cars i guess. All i am saying is you don’t really know what you are getting. You can get a car that did most of its 30 000km doing highway driving and road trips, or you can get one that spent its 30 000 km in stop and go traffic in LA going from airport to hotel ( that’s worst in my opinion). But the history of the vehicle is what it is, just know that this is what you are buying into and figure out if the deal is right for you.
 
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Phoenix
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2020 CX5 signature
I think the rental buying stigma is largely unfounded for non-sporty cars. Sure, some people treat them bad. But tons are airport rentals used by business travelers who do nothing but drive and park at a hotel. Also, most renters are paranoid as hell about getting charged for damage.

Now, I can see things being way different for those mustangs and corvettes for sale by hertz...
^This

My extended family travels and rents often. I've seen them and others drive rentals. Unfamiliar surroundings actually makes people more cautious. The stigma of the way people drive rentals is outdated. Take a look at tourist spots/hotels and you'll see middle aged and older drivers usually very cautious. Also, I don't think they're returning damaged vehicles to service - they can't afford to
 
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