Re:Startup Idea: Used Car Leasing
by sliverstorm on Tuesday November 05, 2013 @06:28PM
(#6679275)
Seems to me the real obstacle would be financing the operation. Finance shies away from used vehicles because they are much more difficult to accurately appraise, and without accurate appraisals you are assuming another (large) dimension of risk.
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Re:Startup Idea: Used Car Leasing
by maxerickson on Tuesday November 05, 2013 @06:33PM
(#6679305)
Yeah, I'm not sure there is a large underutilized fleet of cheap, high value vehicles out there.
(High value meaning predictable/reliable/etc, not necessarily sticker price)
Where do rental cars go after they're two or three years old? I've always wondered, but they seem like a stock of well maintained vehicles ready for leasing.
Re:Startup Idea: Used Car Leasing
by sliverstorm on Tuesday November 05, 2013 @06:45PM
(#6679376)
they seem like a stock of well maintained vehicles ready for leasing
Please excuse my mirth, but fleet vehicles are generally not well-maintained, and the folks renting cars tend to be hard on them.
The difference between a rental car and a Jeep is that you can drive a rental car anywhere.
They go to the sales lot. A lot of rental car companies have their sales divisions and dealerships to specifically get rid of old fleet cars.