Roughly 1 in 5 new vehicles sold in 2019 was a “fleet” purchase, a car or truck bought by a rental car company, other type of business or a government agency that buys vehicles in bulk, from three or four at a time to tens of thousands per year. Eventually, most of those approximately 3 million fleet vehicles purchased annually will wind up on used-car lots or for sale online. Rental cars are most likely to be the first to show up in the used-car market, and government-owned vehicles are most likely to be the last.
With any used fleet vehicle, there will be pluses and minuses.
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