Market Notes - November 11, 2026
Hertz closing retail car sales lots, moving to online and rental-network sales
By Carlyle. A plain-language note on a story CBT News reported on Nov 10, 2026; the original is linked below.
CBT News reports that Hertz is shutting down its dedicated Hertz Car Sales retail locations and shifting its used-vehicle sales to online platforms and its rental network. The story was published on November 10, 2026.
What it means for a host
Hertz has been one of the larger sources of used rental cars entering the market, so moving volume through online channels and 300-plus rental locations could affect how quickly its former fleet vehicles show up for sale and at what prices. The company has said softer used-car prices have been pushing its depreciation costs up - around $300 per unit per month in the second quarter - so it may price vehicles more aggressively online to move inventory faster. Hosts shopping for used cars could find Hertz inventory on HertzCarSales.com, Amazon Autos, or eBay, which may change where they look when sourcing vehicles. If used-car prices stay soft, acquisition costs for hosts adding to their fleets could stay relatively favorable.
Reported by CBT News: Hertz to close dedicated car sales locations, shift focus to online sales (Nov 10, 2026). Read it there for the full story; this note is Carlyle's summary.
A summary, not a reproduction: the wording above is Carlyle’s, the reporting is CBT News’s. Carlyle is not affiliated with Turo or with CBT News.