Purchasing a Former Rental Car

[MICHAELSD]

We paid 7500 Euro in 2006 for an '05 and we got 4200 Euro for it when we traded it in June of last year. Our current car was a BMW corporate car so it was about 9 months old and had never been titled nor was it particularly expensive.

Do you know if the dealer paid you less for your trade-in a result of the rental status? Not bad at all since you've owned the car for eight years.

 

[lowendlinux]

Do you know if the dealer paid you less for your trade-in a result of the rental status? Not bad at all since you've owned the car for eight years.

I don't think so. In the year or so we were actively shopping for cars all the offers were between 3700 and 4300.

 

[Tomorrow]

How'd it go when sold? Mustangs are easy cars to sell so hopefully that doesn't detract too many people.

Just like selling any other car - guy paid me cash, picked up the car and the title. No different from any other sale.

 

[mscriv]

My inlaws current car (Nissan Sentra) was a former rental and it has been a great experience for them. They've had it about two years now and plan to keep it as long as they can.

 

[mdsll]

I bought a 2010 Mustang rental and no issues at all after 4 years and going...

 

[MICHAELSD]

I bought a 2010 Mustang rental and no issues at all after 4 years and going...

Very helpful, thanks. I might end up buying it if I can sell my current car .