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Hertz On The Verge Of Bankruptcy

https://www.foxbusiness.com/money/hertz-misses-lease-payment...
Covid Ben Gurion
  04/29/20
congrats verne lundquist tp
kubrat pulev
  04/29/20
...
Verne lundquist
  05/22/20
...
Good Keeds On The Block
  05/23/20
They should bring back OJ for their commercials. Tie in with...
Social Justice Reservist (Pronouns: COVID/COZHEY)
  04/29/20
10% discount on a car with NYSBA membership card!
ARE Reptile
  05/22/20
check the breaking news
Good Keeds On The Block
  05/22/20
Would have been a great short. Should have paid more attenti...
and when i started to squeeze the bar brother
  05/22/20
how the fuck does hertz rental cars have $19 BILLION in debt...
,.,..,.,..,.,.,.,..,.,.,,..,..,.,,..,.,,.
  05/22/20
I think I read somewhere where they are structured sort of w...
From a Bloomington Bathhouse on the Hill
  05/22/20
HBS Private Equity BALLERS gutted it in 2005 https://www....
Buck "The Club" Paulette
  05/22/20
CD&R has a pretty strong track record of taking successf...
Sotomayor McCheese
  05/23/20
what are they going to do with their inventory if they file ...
(-_(-_(-_(-_-)_-)_-)_-)
  05/22/20
Earlier this week they started offloading some of the sickes...
From a Bloomington Bathhouse on the Hill
  05/22/20
lol so if you pay $500 per day or whatever to rent a high pe...
.,.,,.,..,.,.,:,,:,,.,:.,.:,...,:,.,.:...:.,:.::,.
  05/23/20
Yes, but the paint scheme is sort of a "thing" tha...
From a Bloomington Bathhouse on the Hill
  05/23/20
Dealers around here can barely give away new 2019 C7s. Can'...
Morbidly Obese Sex Robot
  05/23/20
why would they liquidate, sounds like they just want to dump...
...,...,.::..;,.,:,:,,..,::.,:,.,.:.:.,:.::.,
  05/23/20
idk do they always have this website up https://www.hertz...
(-_(-_(-_(-_-)_-)_-)_-)
  05/24/20
yes, since 1998 http://web.archive.org/web/19981212025547...
...,...,.::..;,.,:,:,,..,::.,:,.,.:.:.,:.::.,
  05/24/20
Have to imagine there will be some great deals if they have ...
Dickey Simpkins
  05/23/20
There've always been great deals for former rental fleets, I...
macguffin
  05/23/20
Gave them a good look before I bought my last car. I thin...
Dickey Simpkins
  05/23/20
Definitely true (not a carmo though). But most people just u...
macguffin
  05/23/20
My dad always buys used from rental agencies but he spends m...
Gitmo Detainee tearing up his HOPE poster
  05/24/20
sounds like a POWERGOY retard
Covid Ben Gurion
  05/24/20
(Mid-law of counsel who washes plastic bags to reuse them)
Gitmo Detainee tearing up his HOPE poster
  05/24/20


Poast new message in this thread



Reply Favorite

Date: April 29th, 2020 9:21 PM
Author: Covid Ben Gurion (✑️)

https://www.foxbusiness.com/money/hertz-misses-lease-payment-preps-for-potential-bankruptcy

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40119892)



Reply Favorite

Date: April 29th, 2020 9:22 PM
Author: kubrat pulev (ggtp)

congrats verne lundquist tp

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40119893)



Reply Favorite

Date: May 22nd, 2020 10:18 PM
Author: Verne lundquist



(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40259860)



Reply Favorite

Date: May 23rd, 2020 3:18 PM
Author: Good Keeds On The Block



(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40262361)



Reply Favorite

Date: April 29th, 2020 9:26 PM
Author: Social Justice Reservist (Pronouns: COVID/COZHEY)

They should bring back OJ for their commercials. Tie in with the new Bronco.

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40119914)



Reply Favorite

Date: May 22nd, 2020 10:19 PM
Author: ARE Reptile

10% discount on a car with NYSBA membership card!

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40259866)



Reply Favorite

Date: May 22nd, 2020 11:24 PM
Author: Good Keeds On The Block

check the breaking news

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40260187)



Reply Favorite

Date: May 22nd, 2020 11:27 PM
Author: and when i started to squeeze the bar brother (http://youtu.be/sqLsqHctThU)

Would have been a great short. Should have paid more attention

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40260207)



Reply Favorite

Date: May 22nd, 2020 11:27 PM
Author: ,.,..,.,..,.,.,.,..,.,.,,..,..,.,,..,.,,.


how the fuck does hertz rental cars have $19 BILLION in debt?

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40260209)



Reply Favorite

Date: May 22nd, 2020 11:33 PM
Author: From a Bloomington Bathhouse on the Hill (πŸ¦… β’»β“Šβ’Έβ“€ β“β’Ύβ’·β“ˆ πŸ¦…)

I think I read somewhere where they are structured sort of weird. Like, there's another entity that actually owns the cars and HTZ is technically just leasing them or something

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40260228)



Reply Favorite

Date: May 22nd, 2020 11:56 PM
Author: Buck "The Club" Paulette

HBS Private Equity BALLERS gutted it in 2005

https://www.reuters.com/article/us-hertz-equity/cdr-carlyle-bofa-sell-off-remaining-hertz-stake-for-1-24-billion-idUSBRE94600820130507

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40260321)



Reply Favorite

Date: May 23rd, 2020 4:00 PM
Author: Sotomayor McCheese

CD&R has a pretty strong track record of taking successful american businesses and looting the fuck out of them until they're left ragged and bleeding on the steps of BK court

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40262535)



Reply Favorite

Date: May 22nd, 2020 11:40 PM
Author: (-_(-_(-_(-_-)_-)_-)_-)

what are they going to do with their inventory if they file and liquidate? 2015 models with 80000 miles on them. can i get one for like 3k?

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40260248)



Reply Favorite

Date: May 22nd, 2020 11:54 PM
Author: From a Bloomington Bathhouse on the Hill (πŸ¦… β’»β“Šβ’Έβ“€ β“β’Ύβ’·β“ˆ πŸ¦…)

Earlier this week they started offloading some of the sickest cars in their inventory: Corvette Z06s

https://jalopnik.com/hertz-just-dumped-a-bunch-of-cheap-z06-corvettes-onto-t-1843521667

$57k-$63k for cars with 15,000-35,000 *hard* miles doesn't exactly sound like a screaming bargain

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40260310)



Reply Favorite

Date: May 23rd, 2020 12:02 AM
Author: .,.,,.,..,.,.,:,,:,,.,:.,.:,...,:,.,.:...:.,:.::,.


lol so if you pay $500 per day or whatever to rent a high performance vehicle from Hertz it comes painted with their logo so everyone knows it's a rental?

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40260342)



Reply Favorite

Date: May 23rd, 2020 12:10 AM
Author: From a Bloomington Bathhouse on the Hill (πŸ¦… β’»β“Šβ’Έβ“€ β“β’Ύβ’·β“ˆ πŸ¦…)

Yes, but the paint scheme is sort of a "thing" that goes back to the Shelby GT350-H Mustangs of the 60's.

https://www.hertz.com/rentacar/misc/index.jsp?targetPage=ShelbyGTH.jsp

If you want a sick ride that didn't obviously come from Hertz there's Turo or any number of high end exotic rental outfits

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40260368)



Reply Favorite

Date: May 23rd, 2020 11:35 AM
Author: Morbidly Obese Sex Robot

Dealers around here can barely give away new 2019 C7s. Can't imagine buying one from a rental company.

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40261629)



Reply Favorite

Date: May 23rd, 2020 11:36 AM
Author: ...,...,.::..;,.,:,:,,..,::.,:,.,.:.:.,:.::.,


why would they liquidate, sounds like they just want to dump debt

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40261630)



Reply Favorite

Date: May 24th, 2020 2:59 PM
Author: (-_(-_(-_(-_-)_-)_-)_-)

idk do they always have this website up

https://www.hertzcarsales.com/

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40266832)



Reply Favorite

Date: May 24th, 2020 3:03 PM
Author: ...,...,.::..;,.,:,:,,..,::.,:,.,.:.:.,:.::.,


yes, since 1998

http://web.archive.org/web/19981212025547/http://www.hertzcarsales.com/

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40266846)



Reply Favorite

Date: May 23rd, 2020 4:23 PM
Author: Dickey Simpkins

Have to imagine there will be some great deals if they have to auction their fleet.

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40262648)



Reply Favorite

Date: May 23rd, 2020 4:28 PM
Author: macguffin (an apparatus for trapping lions in the Scottish Highlands)

There've always been great deals for former rental fleets, I think. Nobody wants to rent a car and get something more than a year or two old, so they turn stuff over pretty quickly.

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40262669)



Reply Favorite

Date: May 23rd, 2020 4:34 PM
Author: Dickey Simpkins

Gave them a good look before I bought my last car.

I think it’s a myth that people really routinely abuse rental cars making them a mess at 20K or so miles

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40262685)



Reply Favorite

Date: May 23rd, 2020 4:40 PM
Author: macguffin (an apparatus for trapping lions in the Scottish Highlands)

Definitely true (not a carmo though). But most people just use them normally. Everyone's just been conditioned to want a "new" car when they're renting. 20k is nothing.

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40262706)



Reply Favorite

Date: May 24th, 2020 3:05 PM
Author: Gitmo Detainee tearing up his HOPE poster (Tax survivor)

My dad always buys used from rental agencies but he spends months looking for the perfect car/deal because he has nothing else better to do. Savings in buying a used rental are never massive, maybe $500 compared to a comparable used non rental vehicle.

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40266857)



Reply Favorite

Date: May 24th, 2020 3:06 PM
Author: Covid Ben Gurion (✑️)

sounds like a POWERGOY retard

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40266863)



Reply Favorite

Date: May 24th, 2020 3:10 PM
Author: Gitmo Detainee tearing up his HOPE poster (Tax survivor)

(Mid-law of counsel who washes plastic bags to reuse them)

(http://www.autoadmit.com/thread.php?thread_id=4523105&forum_id=2#40266878)