Hertz bankruptcy makes used cars available at incredibly low prices – Roadshow [CNET]

It’s great news for those in the market for a BMW 7 Series because that’s the single best deal from Hertz right now. The study showed the company is selling the luxury sedan nearly 14% below the average market value for an average savings of $6,877. Right behind it is the Chevrolet Trax, which is $1,714 cheaper than the average model listed.

Hertz bankruptcy creates used car steals for these models

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A couple of other luxury cars make the list in the third and fourth spots. The Mercedes-Benz A-Class and Infiniti QX50 round out third and fourth place with savings on average of $4,252 and $4,145, respectively. Toyota’s full-size pickup truck, the Tundra, rounds out the top five with an average of $4,714 in savings, or 12.6% below the pickup’s average market value.

The final five include a number of more pedestrian vehicles. The Nissan Versa Note on average is $1,375 cheaper than the market average. Buick’s Cascada convertible is $2,241 less expensive and the Kia Forte comes in nearly $1,500 cheaper than the market typically calls for. Rounding out the top 10 are the Volkswagen Golf ($2,023 cheaper on average) and the Nissan Quest minivan. Remember it? The very Japanese-looking family hauler is $1,810 cheaper than the market average.

On average, used car buyers will find a vehicle is 8% cheaper than its average value, likely thanks to Hertz’ firesale mode. It’s a good chance to save pocket a savings of $1,389 on average, according to the study, and the savings extend to other models like the Chevrolet Silverado, Cadillac CTS, BMW 5 Series and more.