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Old May 22, 2020, 9:48 pm
  #23  
seawolf
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Join Date: May 1998
Location: NYC
Programs: AA 2MM, Bonvoy LTT, Hilton Diamond
Posts: 14,636
Originally Posted by GW McLintock
Maybe I am misunderstanding, but how would Hertz sell their cars if they didn't own them?

-J.
They ended the lease. Easier for renter to understand “we sold the vehicle” vs “we ended the lease” and then explaining to renter the car rental business model on why leasing is less capital intensive than buying the vehicle and renting it out.
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