Hertz has teamed up with Chase Auto Finance to offer its Hertz Rent2Buy customers a wider range of options when it comes to financing the purchase of a vehicle. In 2009 Chase was responsible for more new loans than any other auto lender. The company provided finance to customers who purchased 1.1 million vehicles last year.

CEO for Auto Finance at Chase, Marc Sheinbaum, said that it was exciting to be able to offer flexible lending options to those who were purchasing vehicles through the Hertz Rent2Buy programme.

Hertz Rent2Buy offers customers the ability to go online and look at the range of vehicles available for purchase at their local Hertz outlet. A customer may then book one of those vehicles for a trial period of three days to find out if it is a viable investment.

If after the test-drive period a customer is satisfied, then they are allowed to pay for the car at the listed price, and hold onto it. The three days rental fee is not charged. If a customer feels the vehicle is not the right one for them, than the test-drive period is simply treated as a rental period, and the vehicle is returned.

CEO and President of Hertz, Mark P Frissora, said that presenting the company’s customers with a flexible way to pay for their vehicles would now make it easier for them to drive of in the right car for them. He added that Hertz Rent2Buy already offered a wide range of vehicles at low prices.