3 Things Investors Should Know About the New Deal Between Amazon and Hertz

Are you in the market for a new car -- and by "new" I mean "technically used, but new to you?" If you are, then your next car purchase might be just the click of a "buy it now" button away. Hertz Global (NASDAQ: HTZ) is about to start selling off some of its used rental cars on Amazon.com (NASDAQ: AMZN).Hertz announced its collaboration with Amazon just last week, promising to make it possible for shoppers to "browse, finance, and purchase" from a selection of "thousands" of used automobiles being released from Hertz's fleet. Granted, Hertz already makes online car shopping possible through its own Hertz Car Sales website. But Hertz says it wants to "meet customers where they are," and Amazon is the No. 1 marketplace worldwide in terms of gross merchandise value sold. According to Hertz, this makes the company's new Amazon Autos sub-website an "ideal partner" for disposing of its unwanted inventory. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool