Car rental operators at the Yampa Valley Regional Airport believe the proposed car rental tax increase, the highest car rental tax in all of Colorado, could cause them to lose business to neighboring cities.
Enterprise Holdings Inc. announced that its indirect, wholly owned subsidiary, ARG Funding Corp., has commenced a tender offer to purchase for cash any and all of its specified rental car asset backed notes.
“I am yet to find anyone who remembers a time when the market has retained such strength over the summer and into the fall,” says Dan Galves regarding current wholesale market conditions.
KAR Holdings, Inc. is the holding company for ADESA, Inc., a leading provider of wholesale used vehicle and salvage auction services in North America. Timing has not been announced.
Beginning Sept. 14, Zipcar will add 12 new vehicles in reserved parking spots on city streets in the neighborhoods adjacent to UCLA and USC.
The legislation is intended to drive new consumer spending from foreign visitors, who spend an average of $4,500 per person, per trip in the U.S.
The rental car facility at Tampa International Airport's main terminal will expand by 15 to 20 percent.
According to ADESA Analytical Services' monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle prices in August averaged $9,949 -- a 0.7 percent decrease from July but a 3.9 percent increase from August 2008.