How does Hertz Book Revenue/Costs for Locations?
Jun 10, 2020, 9:44 pm
#1
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How does Hertz Book Revenue/Costs for Locations?
I have a pretty good relationship with my HLE and I want to throw them some business so here’s my question...
if I rent a BMW/Rover from the PC zone at an airport and bring it to the HLE as a one way...and ask them to check the car back out to me from their location does this
A) help them because revenue is revenue and it will show the location being active and used
B) hurt them because they’re giving me a 50 thousand dollar car for 20 bucks a day and they are taking a loss as they’re assessed the value of that car’s payments since it’s now in their inventory instead of the airports?
if I rent a BMW/Rover from the PC zone at an airport and bring it to the HLE as a one way...and ask them to check the car back out to me from their location does this
A) help them because revenue is revenue and it will show the location being active and used
B) hurt them because they’re giving me a 50 thousand dollar car for 20 bucks a day and they are taking a loss as they’re assessed the value of that car’s payments since it’s now in their inventory instead of the airports?
Jun 11, 2020, 4:55 am
#2
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Before COVID-19, I mostly did one-ways from LGA into my local HLE . I've asked the staff there more than once if the nicer cars I was dropping off had any benefit to them and was told that HLE inventory is tightly-managed and they don't get to keep many cars on site (understandable as in NYC, every parking space in a garage is $$$). Indeed, if you return a car on a Sunday evening, you may encounter a team of drivers Hertz has hired who are there to drive off the weekend inventory and redistribute it back to the airports or other central lots. In general, I was told that the Premium/Luxury cars are the most likely not to remain at an HLE.
Last edited by FlyinHawaiian; Jun 11, 2020 at 12:34 pm
Jun 11, 2020, 12:36 pm
#3
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Jun 12, 2020, 11:42 am
#4
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Before COVID-19, I mostly did one-ways from LGA into my local HLE . I've asked the staff there more than once if the nicer cars I was dropping off had any benefit to them and was told that HLE inventory is tightly-managed and they don't get to keep many cars on site (understandable as in NYC, every parking space in a garage is $$$). Indeed, if you return a car on a Sunday evening, you may encounter a team of drivers Hertz has hired who are there to drive off the weekend inventory and redistribute it back to the airports or other central lots. In general, I was told that the Premium/Luxury cars are the most likely not to remain at an HLE.
Last edited by seawolf; Jun 12, 2020 at 11:48 am
Jun 12, 2020, 2:20 pm
#5
Join Date: Jan 2012
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But yes, for now all BMWs are airport locations only. Other luxury cars are fine for now.
And to OP, HLEs have a formula where they have different depreciation for class of cars, and if you happen to book a lower class but exceed the depreciation for the specific car the managers are allow to free upgrade you whereas say if you book a premium or luxury class if the rate is too low HLEs are trained to downgrade you and give you a credit/free gas rather than free upgrade you into a prestige car.
For airport location they have a different method of calculation where they just take the fleet they have and total depreciation and use the total revenue against the depreciation to compare profit therefore they can give out the nicer upgrades.
Jun 12, 2020, 4:13 pm
#6
Join Date: Sep 2018
Posts: 236
I don't understand, I thought in this "Ultimate Choice" world nobody is getting specific upgrades anyway? You just go to the section and grab your car of choice
Jun 12, 2020, 5:02 pm
#7
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Yes, hertz currently has a nationwide hold on all of the BMWs at HLEs. I know the reason but I afraid I might not be able to disclose it here as I met one of the area manager who happens to work out of the HLEs that I rent from often and he told me the reason.
But yes, for now all BMWs are airport locations only. Other luxury cars are fine for now.
And to OP, HLEs have a formula where they have different depreciation for class of cars, and if you happen to book a lower class but exceed the depreciation for the specific car the managers are allow to free upgrade you whereas say if you book a premium or luxury class if the rate is too low HLEs are trained to downgrade you and give you a credit/free gas rather than free upgrade you into a prestige car.
For airport location they have a different method of calculation where they just take the fleet they have and total depreciation and use the total revenue against the depreciation to compare profit therefore they can give out the nicer upgrades.
But yes, for now all BMWs are airport locations only. Other luxury cars are fine for now.
And to OP, HLEs have a formula where they have different depreciation for class of cars, and if you happen to book a lower class but exceed the depreciation for the specific car the managers are allow to free upgrade you whereas say if you book a premium or luxury class if the rate is too low HLEs are trained to downgrade you and give you a credit/free gas rather than free upgrade you into a prestige car.
For airport location they have a different method of calculation where they just take the fleet they have and total depreciation and use the total revenue against the depreciation to compare profit therefore they can give out the nicer upgrades.
Jun 15, 2020, 5:41 am
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Jun 15, 2020, 11:29 am
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