Hertz Global Holdings partnered with Amazon Autos to sell pre-owned vehicles, boosting Hertz shares by 7% while competitors Avis, Carvana, and CarMax declined. The collaboration expands Amazon Autos' 2024 launch and will initially serve customers within 75 miles of Dallas, Houston, Los Angeles, and Seattle, with plans to roll out across Hertz Car Sales' 45 U.S. locations and leverage Amazon's presence in over 130 U.S. cities. A market analysis noted trends in used-car preferences and referenced iSeeCars' top-selling cars of 2023. J.D. Power reliability ratings from the past 20 years were reviewed to identify frequently mentioned models valued for long-term reliability but not among the 2023 top 20.
Hertz Global Holdings just announced a partnership with Amazon's automotive retail platform, Amazon Autos, to sell pre-owned vehicles. The announcement boosted Hertz shares by 7%, while competitors like Avis, Carvana, and CarMax declined. The collaboration expands on Amazon Autos' 2024 launch and will initially serve customers within 75 miles of Dallas, Houston, Los Angeles, and Seattle. Future plans involve rolling out across Hertz Car Sales' 45 U.S. locations.
When it comes to purchasing used cars, there are models that people swear by and models that capture the zeitgeist of the day. Other people are looking for imports that hold their value and promise long-term reliability. In a market analysis of used car sales, iSeeCars captured these trends in a list of the 20 top-selling cars of 2023. These are just trends, though; a list of the top 20 used cars sold does not necessarily indicate these automobiles' value.
Our methodology began with reviewing the last 20 years of J.D. Power's reliability ratings. We chose the models mentioned most frequently within the last 10 years while also considering previous years to indicate a history of reliability. Models here include the sporty, the economical, the refined, the rugged, the powerful, and the luxurious. These were not among the 20 most popular vehicles, as determined by iSeeCars, but they cover the gamut of driving experiences. (Also read Cars With the Best Retention Value).
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