Rental car companies depend on the millions of airline travelers that need ground transportation once they reach their destinations. Unfortunately, leisure travel has slowed down considerably, leaving rental car companies with huge fleets of vehicles unrented.

Once several keen dealers learned about the troubles the rental companies were facing, they have spent the last few weeks attending several of the dealer-only auctions where these vehicles were being sacrificed for unbelievably low prices. Now these vehicles will be offered for sale with the thousands of dollars in savings being passed on to the public.

Why are these cars such a bargain? Automotive industry watchdog Jeremy Jackson explains, “Rental car returns represent one of the best values available to used car shoppers today for a variety of reasons. Because they buy in such volume, rental car companies save thousands of dollars from the manufacturer. Now, when you combine that with how badly they needed to rid themselves of this inventory, it's a win-win situation for everybody. Dealers buying up these excess inventories help the rental guys, and since the dealers are able to purchase them for pennies on the dollar, that helps the dealers. And last but not least, car buyers will benefit as these savings are passed on to customers.”

Lower prices are just one part of what makes these vehicles such a great value. As you might expect, these vehicles have been well maintained by the rental car companies, often exceeding factory recommended service schedules. Jackson adds “Plus, since these vehicles were taken out of service early, many are still under factory warranty, have extremely low miles and are in great condition.”

Selection is another reason bargain hunters should check out this event, says Jackson. “Rental car companies have to offer their customers a variety of vehicles to choose from: minivans, luxury cars, sport utility vehicles, convertible sports cars, family sedans and even trucks. All of these are being made available at the rental car auctions. Now, dealers have the best selections they've ever had, including many hard to find hot selling models.” Honda Accords, Toyota Camry sedans, Ford Explorers, Dodge minivans, Chevy Silverados - all the hottest makes and models are available during this event. ( Jackson notes selections varies per dealer. Shoppers should use the search funtion located in this web site to find what is available in their particular area. )