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Hertz 24/7 Enters National Van Share Partnership With Costco Retail

Stocks in this article: HTZ

LONDON, Feb. 19, 2014 /PRNewswire/ -- The Hertz Corporation (NYSE: HTZ), the world's leading general use car rental brand, has signed an agreement with Costco, the UK's leading membership cash and carry wholesaler, to bring short term Hertz 24/7 van rental to Costco's members.  The self-drive service operates at all 25 Costco warehouses in the UK, with hourly rentals starting from just £13 per hour, bookable from http://www.hertz247.com/costco. Costco's members can hire a Long Wheel Base Ford Transit Van from the warehouse car parks to drive their purchased items home immediately.

(Photo: http://photos.prnewswire.com/prnh/20140219/NY67715)

Michel Taride, Group President, Hertz International, said: "We have been growing our global van rental offering through Hertz 24/7 for over five years. Our Hertz 24/7 service enables Costco to provide its members with an attractive and efficient van delivery service. Hertz takes care of providing and maintaining the fleet and handling all customer transactions while Costco's members can enjoy the convenience of taking their purchases home straightaway, rather than waiting for the goods to be delivered in the future."  

Sue Knowles, Costco's Marketing Director, commented: "Our agreement with Hertz 24/7 is another example of our dedication to improving member service, ensuring members can transport their purchases conveniently and at a low price. Given Hertz's 24/7's customer support network, combined with its solid reputation for reliability and experience of operating a large and strong van fleet across the UK, I am confident that this agreement will further enhance the Costco member experience."

For Costco's members Hertz 24/7 represents a hassle-free self-delivery option. The price covers insurance, maintenance, road tax and VAT. Using the service is seamless; members simply sign up to Hertz 24/7 by using an instant enrolment pack available from the Costco warehouse, or by calling +44 207 365 4199.  Future rentals may then be booked on-line or by using smartphone apps, and once on the road, the member has full access to the Hertz 24/7 Customer Care Centre, which can assist in case of any questions. If a journey is taking longer than anticipated, the rental period can be extended simply by using a display pad fitted inside each vehicle. To register for Hertz 24/7 and hire a van, customers need to be aged 21 years and over, have a standard driving licence valid for the UK, and hold a Visa debit or credit card in their own name.

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