Hertz, which recently filed for bankruptcy protection, has thousands of vehicles for sale at below market value. Luxury brands like Mercedes and BMW are available, as well as from other major automakers like Ford, Chevrolet, Chrysler and Kia.
To view the Hertz sale visit: Hertz Car Sale
Many vehicles are being sold for more than 13% off their market value, according to iSeeCars
Some of the highest discounts are on luxury brands like Mercedes, BMW and Infiniti.
“Hertz vehicles can currently be found on average for $1,389 below market value, which is 43.3 percent more than the average discount for Hertz vehicles in April at $969. Some vehicles can be found with savings far greater than average,” said iSeeCars.
About Hertz Corporation (from Wikipedia)
The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., is an American car rental company based in Estero, Florida, that operates 10,200 corporate and franchisee locations internationally. As the second-largest US car rental company by sales, locations, and fleet size, Hertz operates in 150 countries in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East, and New Zealand. The Hertz Corporation owns Dollar and Thrifty Automotive Group—which separates into Thrifty Car Rental and Dollar Rent A Car.
Hertz Global Holdings, the parent company of The Hertz Corporation, was ranked 335th in Forbes’ 2018 Fortune 500 list.] As of 2019, the company had revenues of US$9.8 billion, assets of US$24.6 billion, and 38,000 employees. The company filed for bankruptcy on May 22, 2020, citing a sharp decline in revenue and future bookings caused by the COVID-19 pandemic.
Founding of Hertz
The Hertz Corporation, originally known as Rent-a-Car Inc., was founded by Chicago, Illinois native Walter L. Jacobs in 1918. This small car rental operation began with a dozen Model T Ford cars. Within five years, Jacob’s fleet expanded to 600 vehicles—generating annual revenues of approximately US $1 million. John D. Hertz, owner of Yellow Truck and Coach Manufacturing Company, developed an interest in the brand, leading to him purchasing the company in 1923. It was then renamed to Hertz Drive-Ur-Self System. Jacobs continued to serve as president and chief operating officer of Hertz Drive-Ur-Self System until 1961.