Hertz to Sell Used Cars via Shift Website

Photo courtesy of The Hertz Corp.
Photo courtesy of The Hertz Corp.

Hertz plans to sell its used vehicles through its partnership with Shift, an online used car website that offers customers test drives, according to a report by USA Today.

For Hertz, selling cars directly to consumers means a greater profit per car compared to selling cars wholesale at auction, says the report.

Shift provides customers with an app for looking at its vehicle inventory and scheduling test drives. For test drives, Shift employees will bring the car to the consumer.

Shift CEO George Arison told USA Today that working with Hertz is “a good fit for us, because we don’t own the cars we sell. We want to be a place for fleets to sell to consumers, and we could also expand to manufacturers who have so many low-mileage cars coming off lease.”

For Shift, Hertz’s inventory will provide more vehicles and more access to other regions due to Hertz’s national presence, according to the report. The Shift-Hertz partnership started in May in the San Francisco and Los Angeles metro areas and will now be expanding to Shift’s other location in the Washington, D.C. area.

Jeff Adams, vice president of vehicle remarketing at Hertz, told USA Today that Hertz is eager to “partner with innovative companies like Shift to leverage their technology and bring a seamless, hassle-free purchase experience to our car buyers.”

Click here for the full USA Today report.

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

What Does the Future Hold for Fleet Sales to Car Rental?

With domestic automakers pulling back on rental fleet sales and lower overall light-duty sales projected, the car rental industry will have to adjust.

Who is the Local Operator of the Future?

In an autonomous vehicle environment, the business model will change, but fleet management will be more important than it is today.

Five Business Model Trends for 2017

As new forms of mobility take flight, the borders with traditional car rental are starting to erode.

Job Finder: Access Top Talent. Fill Key Positions.

>