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Of 31 major brands tracked by Kelley Blue Book, only five recorded transaction prices in August lower than year-ago levels.
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Solomon Cramer, president at Avis Rent-A-Car of Central Pennsylvania and North Central New Jersey, shares insights in this video about running rental cars in challenging market environments.
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Rental, commercial, and government fleet sales fell against February 2024 numbers but are up after a slow start to the new year.
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With lingering price and supply uncertainties, it’s important for rental companies to prepare ahead of time and be more open-minded about what vehicles will work in their fleet.
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The typical monthly payment hits a record of $712.
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