PARK RIDGE, N.J. — Hertz announced Monday that it has teamed up with Chase Auto Finance to offer its Hertz Rent2Buy customers financing options.

Hertz Rent2Buy is the company's online car sales program that gives customers the option of taking a vehicle on a three-day test drive to decide if they would like to purchase it.

Used-car shoppers can visit www.hertzrent2buy.com and select the car of their choice at the nearest Hertz location.

If a customer elects to buy the car after the three-day test drive, the person can simply keep the car and pay the listed price without any haggling, and apparently the rental fee is also waived.

The new deal with Chase is designed to offer finance options for those who do choose to buy the vehicle.

However, if the customer decides not to buy the vehicle, it needs to be returned to the renting location and the transaction will be treated as a standard rental, according to the company.

"We are pleased to have Chase as our top lender in the Hertz Rent2Buy program," explained Mark Frissora, Hertz chairman and chief executive officer.

"Allowing customers the flexibility to finance their purchase is an added bonus to buying a car through Rent2Buy," he added. "Not only can customers buy a vehicle from our well-appointed fleet at a low price, they are also able to use our competitive financing options, making it easier than ever to purchase a car."

Marc Sheinbaum, CEO for Chase Auto Finance, pointed out, "Chase will help consumers finance their Hertz Rent2Buy purchase. We're pleased to support Hertz as it grows the Rent2Buy business."

In addition to offering direct-to-consumer purchases, Hertz also sells off-fleet vehicles to dealers via auction companies.