Pros and cons of used vehicles after car sharing
Most often, car-sharing companies do not buy vehicles but lease them. When the fleet needs to be updated, old cars are either returned to the lessor, who sells them (usually at auctions), or sold to dealers under the trade-in program. After that, the car becomes available for sale. Indy Auto Man, one of the reputed Indiana used car dealers, reveals what pros and cons such vehicles may have.
On the used car market, there are plenty of former taxis and car-sharing vehicles. Prices for such cars are usually lower than the market average, and ads promise “good condition” and “regular maintenance.” But is this a good deal — or a potential headache?
High mileage and hidden wear
Cars in taxis or car sharing have been used intensively. In a short time, they can travel tens or even hundreds of thousands of miles. This means accelerated wear of key components — the engine, transmission, and chassis. Even if the car looks decent outside, it may not be in the best mechanical condition. Another issue is that such autos are not cared about. When the private car owner is trying to drive carefully over any obstacle on the road, there is no time for such maneuvers for the taxi driver.
Traces of use: from minor to serious
Numerous drivers and a tight operating schedule increase the risk of body damage. Such cars owned by big companies are used more actively, and all vehicles are insured, so even minor damage is included in the operating history. Private owners, on the contrary, often ignore minor defects or repair them without registering and contacting insurance companies. Private sellers generally do not like to tell buyers about multiple damages, so reviewing a car history report is mandatory for such autos.
When choosing an auto after car sharing, pay special attention to mass brands. The probability of encountering a car with an accident in its history is much higher here than among premium and luxury models. Repainting, dents, poor-quality repairs — all these can affect both the safety and liquidity of the car. Checking the paintwork and body geometry is mandatory.
Electronics and brakes
Due to the high load, malfunctions in the electronics, brake system, and other components are possible. Without comprehensive computer diagnostics, such malfunctions are easy to miss, and their elimination can be expensive.
Service history and legal purity
The advantage of buying a former commercial vehicle is, oddly enough, service. Many car-sharing and taxi fleet cars are regularly maintained by official dealers. However, it is crucial to ensure that the history is transparent and read the Carfax report meticulously: check the service book and the legal purity of the car, from liens to registration restrictions.
Cheaper – but is it worth it?
Low price is the main argument in favor of such cars. This can be a reasonable solution for those looking for inexpensive transport without expecting it to last for many years. In addition, the simplicity of the equipment and reliability of time-tested models can play into the hands of practical buyers.
But, it’s worth taking into account the future plans. Such autos have downgraded liquidity. Placing such a car on sale after years of use, combined with a negative factor of being exploited for taxi/car sharing, will result in a lower resale value.
How to avoid problems
When considering a car from a taxi or car sharing, a thorough check is a must. But if you are looking for a vehicle with a clear history, proven technical condition, and legal transparency, it is best to contact the nearest leading auto dealer, who provides the vehicle history report and detailed inspections. Even if a car has such a past, you will know for sure what to expect.