Hertz is planning to offer a new three-year, 100,000-mile warranty to people who buy certified used cars from its former rental lots.

Hertz said in an Aug. 25 announcement that it will offer an “industry-leading protection” that includes “a 3-Year/100,000-Mile Powertrain Limited Warranty on eligible vehicles at no additional charge.” The new warranty “offers substantially longer coverage than the standard warranties offered by many leading competitors,” the company added.

Hertz said it is offering the new warranty because people are keeping their cars longer than ever as new vehicle prices continue to rise. The company noted that the U.S…

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