by Wolf Richter
Wolf Street
The Changing Supply of Used Vehicles.
If you have been renting cars periodically, you will have noticed that it’s not unusual now to get into a rental car that has 45,000 miles or even 50,000 miles on the odometer. But 10 years ago, a rental car with 30,000 miles on the odometer would have caused you to raise your eyebrows; and in the early 1990s, a rental car with 25,000 miles would have given you the willies.
This is an important factor for people who’re buying late-model used cars because a substantial part of the supply in the two-year-old range are former rental units. And there are many good deals to be had.