Rent2Buy Unveils Virtual Auto Mall

Rent2Buy.com, an online marketplace to rent or lease products with the option to buy, announced plans to launch the Rent2Buy Virtual Auto Mall in January 2011.

With the Virtual Auto Mall consumers, who are in the market to purchase a used rental car, can visit one online location and view inventory for sale from a variety of rental car companies in their area. The inventory appears in a search results matrix similar to results screens on Expedia, Orbitz and Kayak.

"The Virtual Auto Mall marries Rent2Buy's unique 'try-before-you-buy' concept with a traditional auto mall," says Moti Kahana, founder of Rent2Buy. 

The Rent2Buy system allows participating rental car companies to list units for sale that are still on rent, therefore avoiding the traditional fees and time associated with a traditional auction sale. In turn, car shoppers have the option to buy the vehicle and apply the rental fee to the purchase, or simply pay the rental rate and walk away.

"Car dealers in a traditional auto mall benefit from the ability to pool resources, while the concentration of inventory and variety of brands make the auto mall a car buying destination," Kahana says. "This type of marketing alliance empowers dealers - or in this case, rental car companies - to sell more cars with less money spent on marketing."

If the Rent2Buy concept does not fit a particular sales situation, sellers have other solutions to offer the customer, such as rent-to-own, lease-to-buy or "make an offer" arrangements.

For more information, contact Moti Kahana at (888) 386-6660 or [email protected].

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Autonomous Vehicles and the Changing Role of the Fleet Manager

With fewer drivers and substantially longer fleet lifecycles, fleet managers will pivot to new job functions.

2017: Fleet Mix Will Be Paramount

Car rental companies are migrating to vehicle segments with better residual values, though not without bumps in the road.

Auto Rental Summit: Five Trend Lines

Taking in the seminars, discussions, and networking at the 2016 Auto Rental Summit, trend lines emerged around shifts in model mix, data protection issues, increasing labor costs, workforce engagement, and new platforms to rent cars.

Job Finder: Access Top Talent. Fill Key Positions.