Rent To Own Cars In Baton Rouge – DETROIT (AP) – A car and rental car, fleet management and mobility company has decided to serve its customers as long as Enterprise 2020 begins to see trucking issues. after the pandemic.
Chris Taylor, CEO of recently updated Enterprise Mobility, shares how rental businesses and insurance companies deal with customers whose vehicles have been damaged during there is an accident.
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Now that travel is back, Taylor sees rental cars starting to come back, but said the St. Louis still has most of his business with his main customers.
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The company now has more than 2.3 million vehicles in its fleet, which is more than before the epidemic.
Taylor spoke with The Associated Press about where his business goes, traveling and returning from rent. The answers have been edited for length and clarity.
Q: What happened to your business now that cars and trucks are short during the epidemic, but tourism has exploded?
A: One third of our business is in the airport and two thirds is in the suburban business. Our suburban business is growing rapidly with our contract business, which includes consumer goods and road warriors. They came back and walked around the area. So we have many businesses not only in the airport, but also in the hometown, and then we change the insurance. People have been driving for the past few years, even during the pandemic. So, an accident happened. Therefore, we have long-term relationships with insurers. This business is still coming back. The demand for summer travel has gone through the roof. We are experiencing this both nationally and internationally, especially in Europe. So, the airport business is developing. We have many types of business. Everything is growing now.
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A: We will be back online with our customers this weekend. About 25% of our business is entertainment and the rest is contract. During the global epidemic, when exports and vehicles are difficult, we have decided to prioritize long-term contracts with business customers and customers. insurance, as they have been with us for decades. And now, with the car in place, we’ve been able to get these holiday users back online.
Q: Car rentals are very expensive during the pandemic. Are living costs high and what do you see going forward?
A: With demand softening, we have seen average prices rise over the past year, but we are happy with where the prices are. People keep going. Price is also important because we are in a suburban market. This depends on the car available, where you are going, what type of car you want to rent. So, there are many factors affecting the price. The experience should be good, but we feel good about the price.
A: We don’t buy as many cars as we did before the pandemic. Trucks are down, but we’re in a better place. So we work with all of our OEM partners, not just the Big March in Detroit, but we have a great relationship. We talk to them every day and work on what’s good for them and what’s good for us. So we are very optimistic about delivering the car in the next half year.
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A: Look at everything we’ve been through, whether it’s the economic crisis, whether it’s the epidemic, whether it’s the food crisis, we’ve worked well with our employees local, good leadership and good cooperation. We are OEMs that can handle anything that comes our way. We are very excited about the traffic through December and the first half of the year. And if some come late, that’s okay, because they don’t always show up when you think they will.
Question: Used car prices rose in 2021 and then fell in 2022. But they are still high because rental car companies are putting cars back on the market due to lack of equipment. Do you see this as normalization?
A: We think it will remain high. We don’t have rock crystal. We look at how we sell these cars after the lease ends, how we sell them to our dealers, how much and at what price, and who wants them at the dealership. goods. It is important for companies to maintain a high level of residual value, which ensures that customers receive a good and perfect car. We also have very large stores, so are our vendors. The price is in a good place, but high.
A: Even though our miles are up and we keep our cars longer, our customers have not been higher. So, our maximum is 2022. It falls this year. Before the spread, it will still be strong and you will have to dig deep to build and model our fleet, because some cars are not available from the manufacturer and the demand is very high during the season the sky is warm. Everyone wants a minivan, a big SUV. We will keep them a little longer because the demand is so high. We have a team dedicated to the maintenance, mileage and longevity of these vehicles to make sure the customer is getting a quality product.
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