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New platform
allows car buyers to cross-shop rental brands for used car
inventory while taking advantage of Rent2Buy's unique
‘try-before-you-buy' concept.
(WHIPPANY, N.J.) -
Rent2Buy.com, the world's eMarketplace for
renting or leasing nearly anything with the option to buy,
announced the Rent2Buy Virtual Auto Mall. Planned for a January
2011 rollout, consumers in the market to purchase a used rental
car can visit one online location and view inventory for sale
from a variety of rental car companies in their area.
"The Virtual Auto Mall marries Rent2Buy's unique
‘try-before-you-buy' concept with a traditional auto mall," says Moti Kahana, founder of Rent2Buy.
The Rent2Buy system allows participating rental car companies to
list units for sale that are still on rent, therefore avoiding
the traditional fees and time associated with a traditional
auction sale. In turn, car shoppers have the option to buy the
vehicle and apply the rental fee to the purchase, or simply pay
the rental rate and walk away.
"Car dealers in a traditional auto mall benefit from the ability
to pool resources, while the concentration of inventory and
variety of brands make the auto mall a car buying destination,"
says Kahana. "This type of marketing alliance empowers
dealers—or in this case, rental car companies—to sell more cars
with less money spent on marketing."
The Rent2Buy Virtual Auto Mall allows shoppers to cross-shop
inventory between trusted rental car brands using a search
results matrix similar to results screens on Expedia, Orbitz and Kayak.
If the Rent2Buy concept does not fit a particular sales
situation, sellers have other solutions to offer the customer,
such as rent-to-own, lease-to-buy or "make an offer"
arrangements.
For more information, contact Moti Kahana at 888-386-6660 or
info@rent2buy.com.
About Rent2Buy
Rent2Buy.com is an innovative online marketplace providing
consumers rent-to-buy options on an eclectic mix of products and
brands. For used rental car sales, the Rent2Buy system allows
participating rental car companies to list units for sale that
are still on rent, therefore avoiding traditional auction fees,
or units already grounded at the car sales location. Car
shoppers have the option to buy the vehicle and apply the rental
fee to the purchase, or simply pay the rental rate and walk
away. Other options include rent-to-own, lease-to-buy and
"make-an-offer" deals for grounded inventory. Rent2Buy is the
brainchild of developer Moti Kahana, who pioneered the
direct-to-consumer sale of used cars at discounted prices
through his Automoti system. In 2009 Kahana sold Automoti to
Hertz Rent-A-Car, which became Hertz Rent2Buy.
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only independent source of news for the rent-to-own, rental-purchase,
lease-purchase trade. RTO Online (Rent to Own Online) represents the choice
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