Industry Overview:
Automobile Rental and Leasing

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Call Preparation Questions
How does the company protect itself from fluctuations in rental demand and in the economy?
Car rental demand depends on air travel, which in turn is affected by the health of the national economy.
What percentage of the company's fleet has some sort of residual-value risk?
The profitability of rental companies is sharply affected by the difference between new and used car and truck prices.

