Buying an ex-rental car

Not cycling, but still important.
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Mister Paul
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Buying an ex-rental car

Post by Mister Paul » 1 month ago

I'd be interested in your views on this.

We bought a 2017 Hyundai i30 a month ago from a dealer. We were told it had one owner. The first service wasn't in the book so I've been chasing it. I've just had an email from the dealer with an attachment confirming the first service. The confirmation was from Europcar and also confirmed that it had been a rental vehicle.

I know that views on buying ex-rentals are mixed. "Hire cars are the fastest in the world" vs "they get serviced properly" and I'm not sure whether to be concerned or not. The other aspect is that the ASA state that dealers should tell potential buyers if a car is ex-lease or ex-rental, as it's a valid consideration when buying and buyers shouldn't have to ask. This is backed up by legislation.

What do you think? I know that resale value would likely be lower if the next buyer knows it's ex-hire. The car is in good condition and we've still got 2.5 years of warranty from it, but that wouldn't cover eg a trashed clutch if it goes early. Do we let it go or contact the dealer, if only to express disappointment that they didn't tell us it was ex-hire?
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Rutabaga
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Re: Buying an ex-rental car

Post by Rutabaga » 1 month ago

Sorry Mr P, I'm only breaking the silence to say that I have been out of the car-owning world for years now, so the anxiety about future unexpected repair/MOT shocks/bills is something I'm very glad to be liberated from.

Having said that, I'd have thought the dealer should have been honest about the car's history, so I'd probably be taking it up with them in a bit of a pissed-off way.
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Greg
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Re: Buying an ex-rental car

Post by Greg » 1 month ago

Judging by the fastidious finnicky Greek pedant I recently hired one from, I'd be biting their hand off to buy one, they were immaculate.
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