Is it worth buying an ex fleet car?

Is it worth buying an ex fleet car?

Used fleet cars often represent good value. Most fleet cars are treated very well. This is partly because employees don’t want to have to explain any damage to the boss. Ex-fleet cars are a good buy and no longer run-of-the-mill vehicles Fleet cars once were boring vanilla vehicles.

What does it mean when a used car was part of a fleet?

A fleet vehicle is a car owned by an organization, not an individual. When a vehicle reaches a certain age or mileage, it gets replaced. If you’re in the market for a used car, expanding your search to include fleet vehicles can help you get a deal.

Are corporate fleet vehicles Bad?

Just because a vehicle is flagged as a fleet vehicle, does not mean there is cause for concern regarding abuse or damage. Although many fleet cars are well-maintained, as they are maintained under regular schedules, fleet vehicles that are used commercially do tend to be driven somewhat harder than the average vehicle.

Are fleet cars well maintained?

The vehicle is maintained well – Commercial and rental vehicles are usually well maintained and follow a maintenance schedule to ensure their longevity. Fleet vehicles are cheaper – Fleet vehicles are generally cheaper than similar privately-owned used cars.

What happens ex rental car?

After about a year of service, the rental company will typically pull the vehicle out of the fleet and sell it as a used car. In this “second life,” a former rental vehicle can make for a compelling used car value — if you’re willing to accept a few trade-offs.

Are leased cars well maintained?

Most off-lease cars, though, will have meticulous records to abide by contract maintenance terms. In many cases, a formerly leased car can be in pristine condition inside and out, and it can nab you a great price on more elite models. Like with any pre-owned purchase, you should thoroughly inspect it before buying it.

Is it bad to buy a commercial vehicle?

The primary benefit of buying a pre-owned commercial truck is the cost savings. In addition, you may be able to afford a top brand you wouldn’t be able to if it were new. Another perk is the lower rate of depreciation. Like cars, once you drive a new truck off the lot, you instantly lose about 20\% of its value.

How do I get a fleet number?

Qualifying as a Fleet To qualify for General Motors Fleet program, your business must have purchased or leased at least five new vehicles in the last year (from any manufacturer) or currently own or lease at least 15 vehicles that are used in company service.

Is it good to buy a corporate vehicle?

Used company cars are true corporate fleet vehicles, and they can actually be a pretty good buy in the used car market. Some auto dealers retain some vehicles for use as demo models and loaners for customers, and these tend to be in fairly good shape.

What does corporate vehicle mean on a Carfax?

If you see “corporate fleet vehicle” on a report, you’re forgiven for being worried. In most corporate fleet vehicle CARFAX designations, the vehicle was simply leased rather than purchased. The reason it displays as “corporate” is that a leasing company — and not an individual — technically owns the car.

What’s wrong with buying a fleet car?

When buying a used car, many drivers seek out fleet cars. Used as rental cars or company vehicles, fleet cars tend to be well-maintained and sold at attractive prices when their life of service ends. The drawbacks of fleet cars include the risk of hard usage, high mileage and hidden accidents.

What are the pros and cons of fleet vehicles?

Fleet vehicles are cheaper – Fleet vehicles are generally cheaper than similar privately-owned used cars. Fleet vehicles have higher mileage – Because many of these cars were used every day by multiple drivers, they tend to come with higher mileage.

Is it safe to buy a used fleet vehicle?

Some people think buying a former rental car or other type of fleet vehicle is a risky proposition. After all, these vehicles get a lot of mileage and, in some cases, are driven pretty aggressively. But if you’re looking for a used car, there are also some good reasons to include a fleet vehicle in your search.

Can you buy a fleet vehicle from a rental car company?

Buying a Used Fleet Vehicle. The process of purchasing a used fleet vehicle – whether you’re buying it from a car dealer, the company that owns it, or a rental car company – is similar to buying any other used car, with a couple of exceptions.

Is it a good idea to buy a used corporate vehicle?

Corporate fleet vehicles can be great buys in the used market. Though some service and delivery vehicles are used to within an inch of their service lives before they’re disposed of, others driven by sales reps or executives tend to be replaced more often, and driven more gently.