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Hertz Car Sales

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For other uses, see Hertz (disambiguation).

Hertz Car Sales
Company typePublic
NYSE: HTZ
IndustryUsed car and Car dealership
Founded1977; 47 years ago (1977)
Headquarters
Estero, Florida
,
United States
Area served
North America and parts of Western Europe
Key people
Mark Fields (CEO); Paul Stone (President and COO) [1]
OwnerHertz Global Holdings Inc.
ParentThe Hertz Corporation
DivisionsHertz Car Sales UK
Websitewww.hertzcarsales.com

Hertz Car Sales is a division of The Hertz Corporation that sells vehicles that were previously used in the Hertz car rental fleet.[2] Hertz Car Sales is based out of The Hertz Corporation's headquarters in Estero, Florida.[3] The largest operating market is in North America, with over 68[4] dealer locations in the United States, with additional locations in France, Germany, Italy, Spain, and the United Kingdom.[5][6][7][8]

History

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In November 2014, it was announced that Tyler Best would act as chief information officer and Thomas Sabatino would take over as chief administrative officer.[9][10] On January 2, 2017, Kathryn V. Marinello was appointed as President and CEO of The Hertz Corporation, including Hertz Car Sales. As of May 18, 2020, Paul Stone is the CEO of The Hertz Corporation.[11] On, October 5, 2021, Hertz Mark Fields became be the interim CEO and Paul Stone became president and chief operations officer.[1]

Locations

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Hertz Car Sales operates in select countries worldwide and through Hertz licensees.

North America operations:

  • Hertz Car Sales maintains 68 retail locations across the United States.[12]
  • Hertz Dealer Direct is available nationwide in the United States and Canada.

Fleet

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Hertz Car Sales has developed a variety of ways to sell its fleet to businesses and consumers. The core methods used to facilitate these transactions are:

  • Hertz Dealer Direct – A B2B platform developed by Hertz that allows for sales and services directly to automobile dealerships through an online portal and hertz representatives.
  • Hertz Rent2Buy Program – An online platform that allows consumers to reserve active rental vehicles for a test drive for up to 3 days at a low rental rate. If a purchase is finalized, fees are waived.
  • Hertz Car Sales Locations – Brick and mortar locations opened by Hertz that carry grounded rental vehicles that have been certified by Hertz and are available for purchase.

References

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  1. ^ a b "Hertz Names Mark Fields as Interim CEO". Hertz Investor Relations. Hertz.com. Archived from the original on November 12, 2021. Retrieved November 4, 2021.
  2. ^ "Hertz Global Holdings, Inc. Company Profile". Yahoo! Finance. Retrieved September 29, 2019.
  3. ^ "A look into construction at Hertz's new headquarters". NBC2. 2015. Archived from the original on August 13, 2018. Retrieved August 6, 2017.
  4. ^ "Hertz Car Sales Locations - Used Cars For Sale". Hertzcarsales.com. Retrieved November 4, 2021.
  5. ^ "Hertz Car Sales Locations - Used Cars For Sale". Hertzcarsales.com. Retrieved September 17, 2016.
  6. ^ "Hertz Rent2buy". Hertzgebrauchtwagen.de. Retrieved September 17, 2016.
  7. ^ "Auto usate – Trova auto usate in vendita su Hertz Rent2Buy IT". Hertzrent2buy.it. Retrieved September 17, 2016.
  8. ^ "Used Cars – Find Used Car for Sale on Hertz Rent2Buy UK". Hertzcarsales.co.uk. Retrieved September 17, 2016.
  9. ^ King, Rachael (January 8, 2015). "Hertz Hires Tyler Best as its New CIO - CIO Journal. - WSJ". Blogs.wsj.com. Retrieved September 17, 2016.
  10. ^ "Hertz names former Walgreens Boots Alliance exec as chief administrative officer – Tampa Bay Business Journal". www.bizjournals.com. Archived from the original on January 21, 2015. Retrieved January 17, 2022.
  11. ^ "Hertz files for bankruptcy protection". NBC News. May 23, 2020. Retrieved June 14, 2020.
  12. ^ "Hertz Car Sales Locations - Used Cars For Sale". Hertzcarsales.com. Retrieved November 4, 2021.
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