ENIAC wrote:I can give you one data point. I was reading where year old LEAF rental cars are now being sold off which were never or very rarely rented. Many only had a couple of hundred miles on them.
Where were you reading ?
I doubt most of the used cars sold are rentals. May be people buying Leaf without realizing the limitations & selling them off in a month or two (like one Google guy who used to post here did ?).
Just as a point of reference, Rental Car firms have very firm parameters for rotation of vehicles out of their fleets. These are 1) milage limitations (usually 30K miles) or time in service (usually less than 1 year)
It is routine to see high-line and specialty vehicles (like the LEAF) to rotate out of the fleet at auction with very low mileages.
Other sources of very low-mileage cars at dealer auctions include:
- Roll backs (where a car is sold, and then it is determined that the buyer can't meet credit requirements, so the car is repossessed and cannot be resold as new)
- Manufacturer event promotional cars (cars that are used as transportation at a sporting event or other type of public event by a manufacturer for promotional purposes)
- Lemon Law buybacks, but these are clearly marked and have a salvage title
- Buyers remorse buybacks from states that have laws that allow this