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Hertz Car Sales is a division of The Hertz Corporation that sells vehicles that were previously used in the Hertz car rental fleet. [2] Hertz Car Sales is based out of The Hertz Corporation's headquarters in Estero, Florida . [ 3 ]
Yet Hertz’s misfortune is a dream for used-car buyers looking for a good deal. On the company’s website, potential buyers can find Teslas ranging in price from $21,000 to $36,000, the majority ...
The Dollar Thrifty Automotive Group was separated into two subsidiaries, Thrifty Car Rental and Dollar Rent A Car, under the Hertz Corporation. Each operates with its own sales, marketing, rental fleets, and franchise locations from Hertz's headquarters in Estero, Florida under President and CEO Kathryn V. Marinello. [32] [33] [34]
The value of used EVs has dropped 33.7% between October 2022 and October 2023, even as the overall used car market dropped only 5.1%, according to data from iSeeCars.
Overland West is the largest Hertz franchise licensee in North America, operating 27 car rental and four car sales locations in eight states. [65] Gwilliam sold it to Devere J. Sparrow, who led the organization until selling it to his son-in-law, Jerry H. Petersen, in 1976. [ 66 ]
Dealers can purchase the cars directly from Hertz, resulting in lower prices, the company said. "Hertz Dealer Direct is an integral part of our car sales strategy," said Mark Frissora, CEO of Hertz.