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Dollar Thrifty sale a concern for dealers looking for used cars

When Bill Pearson, owner of a Ford dealership in Peoria, Ill., called the other day, he wanted to talk about Hertz buying Dollar Thrifty.

Bill is concerned that if the sale goes through, he and other dealers will have one less rental car company from which to buy used cars and trucks.

Consolidation of rental car companies over the years pared that industry to four major players: Hertz, Dollar Thrifty, Avis Budget and Enterprise. Now, Avis Budget has emerged as a suitor for Dollar Thrifty's hand as well.

Less competition usually means higher prices; this at a time when used vehicle prices are already pretty high.

Bill says he'll call his congressman. He wants to make sure all the right questions are asked when the sale is scrutinized by the feds.

The answers should be interesting.

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