Do rental car companies lease or purchase?
Do rental car companies lease or purchase their cars from car manufacturers?if leased, do they owe more on the lease than the value of the depreciated car?all replies welcome.
Answer
Rental car companies purchase cars from the bloke
ufacturer. the cars are titled in the name of the rental company. depending on the model and rental company, the cars are usually sold to the public after about 36,000 miles.
