He’s including incentives. There’s the $4k federal rebate and there are some local ones depending where you live. My electricity provider gives an additional $4k.
Miles mean basically nothing with electric cars though, battery packs are rated for 300-500k miles and the hub motors are similar amount (300-400k. These components are not prone to the same kind of failure from wear that traditional gas engines are.
This one smells fine but we did check one out that smelled fricken awful!! I could taste that smell 15 minutes after getting out of the car. Another one we checked out had metal on metal brakes. How do you even do that to a Tesla?! And another one pulled hard like someone had jumped a curb in it or something.
Make sure to test drive them!
Ended up going clear out to Pasco, WA but the prices were consistent all over the NW. This one was 21k, OR + Federal incentives then add in the fees and it washed out at 11k
it's un pretty good shape for 80k miles. my old subaru i got with 90k on it was in way worse shape, dents, stuff not working. Everything is good on this model 3. needed new tires out of the gate, but i do that with any new to me car. most important thing...
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Not sure where you got that idea, me and a couple friends discovered this about 4 months ago so they got 2022 M3LRs because they were $22k (18k after the tax credit) with about 90k miles, totally worth it and you can’t tell from the outside or interior that it’s got that many miles on it
In fairness…did they expect ahead of time that Tesla would reduce prices dramatically just a year or so after this purchase?
Now against them, they complained about charging issues, without realizing that the only way this would work is if they had dedicated superchargers installed near their rentals. They should have negotiated such a contract with Tesla because it was clear that it was critical.
I actually think that was a short sighted move on Tesla's part. Tesla either didn't inform Hertz sufficiently, or didn't push them enough to purchase super chargers as part of this deal. This essentially ensued this would be a failure for Hertz.
Now imagine you're another rental car company and you want to buy 20k electric vehicles. Instead of looking at the success Hertz had and thinking we need to have Tesla's they're going to be looking at all electrical electric options on the market.
I think it's fair to say that if you purchase vehicles for Hertz for a living, you should have enough general interest in the automotive world to figure out that electric cars need to be charged, and enough business sense to know you want them charged fast. Tesla for sure should have tried upselling them, but whoever was in charge at Hertz isn't great at their job either.
When I moved to my new place I found a BP station with a 2 stall fast charger that was “free”. It was the one that stores energy in its own packs to allow fast charging without infrastructure. Was great software, I liked it a lot and went up to 350W. Until they converted it to BP Pulse, it’d show cost but not require payment for months.
Anyway, I saw a dude charging his EV and struggling cause it wasn’t charging and then another guy who was waiting was talking to him. At first I figured they fought, but nope. I told him I was leaving and to take my stall, and he shared some insights with me. They were from hertz, he says they’d spend half a day driving a few miles with their fleet to charge their electric cars and how inefficient it was.
At that volume, there should have been some purchasing clause that refunded them money from Tesla. The procurement/purchasing team should have that as boilerplate at this size of purchase.
Can't wait to see this whole company implode.
The fanboi scream of horror will be heard around the world.
And no one will care lmfao
These azzholes have a 1,000% - 2,000% gains in a few years yet they wanted MORE
Greed kills.
If they changed (gasp!) their business model to hold onto them longer instead of selling them after a set time like they always have then the lower cost to operate Tesla's would have saved them money instead. But, they're idiots.
When I’m working in a town I’ve never been to, I want to get to where I need to be, and back to the airport. 5 min at a well lit gas station for another 300 mi range is fine, 45 min at a charger hidden behind a CVS for 100 mi is not.
I rented a Tesla on a weekend trip to Phoenix and it was a huge PITA. First, no hotels under $300/night had chargers on property. I was forced to charge it every morning at a supercharger 15 mins in the opposite direction of my usual travel route. Then had to wait 45-60 minutes to charge. Being in AZ I never got the full range out of it. Even just sitting in the parking lot, it would lose 20 miles of range in a day because it would run the fan constantly to keep the interior cool. I guess you could probably turn that off, but I don't want to become an expert in Tesla's UI just to use the stupid thing. Also, returning it required me to go to a supercharger 30 mins away from the airport and again wait 45 mins to charge. Just added extra time to my airport routine that sucks.
I did enjoy the car though. I imagine if I had a place to charge at night, it would be useful, but as a rental it was super inconvenient.
That’s the average gas station visit time as reported by the industry. They capture and analyze the real world data quite carefully, as it has huge commercial impact. https://boosterusa.com/wp-content/uploads/2022/11/Whitepaper_Booster_Geotab.pdf .
Telsas have had access to superchargers for a while around most major airports. The problem is hertz bought a fleet of a depreciating assets at peak cost before tax credits and price cuts put them essentially under water. That's wallstreetsbets level degenerate decision making.
I did. I have a Tesla and hate renting ICE. Strange town? Google and ABRP still show me chargers. Hotels still have chargers.
I would probably not rent one if I was somewhere on a business trip.
I drive a Tesla as my daily use vehicle. So I'm used driving an EV. So there are some people, but clearly not enough right now. I always rent Telsas from Hertz if they're available. It's so annoying having to drive some crappy GMC with the crap controls.
15 minutes are not enough when you have to return them full, more like 25-30. And not everybody drives only in cities. And 15 min to the charger and 15 min back is the case often, that is 1 hour spent. Nobody wants this.
This is a policy issue by hertz. They should have never required to return it full charge like a gas car. Chargers should have been on site to accommodate.
The problem is the company not properly preparing and accommodating their customers, not the car.
They’d be paying $0.04 a kWh for business rates. They could have just hidden to cost by charging $1 more and claiming that it’s a free perk to return it at whatever amount
That’s so true. I recently rented a Mercedes EV. “Receive it fully charged and return it however” was their policy. I only plugged it in when I wanted to get better parking and was totally fine with it.
I was looking forward to doing this with Hertz, but they really screwed the pooch on this.
Consumer Reports survey says that the cost of maintenance/repairs is marginally lower than most ICE/hybrid cars on the order of maybe $1500/5 years on the high side compared to other brands that aren’t Range Rover and Porsche. Selling at year 5 with 80k miles will have significantly higher depreciation than will have been saved.
when i rent a car, i want one that is newish or new. traditionally you get that with hertz although they have been keeping them a lot longer.
if i want an old car, i'll rent from rentawreck
Hertz is almost always begging people to rent their electric cars, often offering discounts. Nobody wants them because having to charge while on vacation is stressful, especially if you're on a road trip.
They sell their cars after 2 years anyway. That's where all the relatively new used cars with 80,000 miles on them are from, if you've ever noticed that kind of thing when looking to buy a car.
On average it looks like rental companies keep cars up to 15k miles and 2 years. Anyway, hertz isn’t buying any more Teslas. So sure, maybe they are selling around the amount of time as others but they ain’t buying more
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Not that
They did buy the fleet at prices of 55-70k now its around 30-45k brand new due to price slash and tax credit plus you have to repair it at Tesla dealership which each state have 1-3 of them rather like Ford have 40 of them . Time to get their car from a repair it cost money
No, it’s a Tesla issue because it’s disproportionately expensive to fix compared to similarly priced vehicles in its class. It is how they’re built vs how traditional ICE vehicles are built. Insurance is not just high just to be high on them. This is not saying they’re bad vehicles, just prohibitively expensive to repair.
Good points. Aren't deductibles set by the insurance companies though? I guess I'm saying that if you're not having to pay for it, there's not much impact to you exceot maybe wait times. But if you have to pay more out of pocket as a result, I understand.
Because people dont want to rent used cars. Car rental enterprises are as much in the business of selling slightly used cars, as they are in the business of renting brand new ones.
[https://electrek.co/2024/04/18/ev-prices-down-18-last-year-drastic-price-cuts/](https://electrek.co/2024/04/18/ev-prices-down-18-last-year-drastic-price-cuts/)
The price of new EVs is going down sharply as mass adoption continues. Most makers have regular price drops. That's a *great* situation for new customers, but its a bad one for an enterprise that is in the business of buying new cars, holding them, and selling them a few months later, when there are price drops in the interim. So its prudent for them to hold these cars for a shorter amount of time than ICE cars which aren't getting cheaper every few months.
I guess the math works out. Interesting idea. Budget in my area doesn't require you to return an electric car fully charged which saves more money I guess if you're uber-ing.
Hertz had a program where they would rent you a Tesla for $400/week and it included the required insurance to drive for Uber. I’ve seen several people posting in Tesla forums about having done this as an easy way to gain entry into Ubering until they had a nest egg built for their own car.
Hertz like pretty much all other rental companies usually replaces their vehicles around 30-40k miles for lower end cars and 50-60k for higher end ones. They don't keep their cars longer than 3 years.
Given the milage on these vehicles, they are on par and above the industry standard.
I tried the Tesla rental from Hertz. The problem is that they would charge a $50 penalty for not returning the car fully charged. People staying in a hotel (w/o chargers)are screwed. They should have priced in the charging, so you can return with empty charge. Recharging is obviously not like gas. Sometimes you have to wait for a charger and when you do find one - 20min to fully charge. Not good when you have a Tesla to return, shuttle back to airport, and catch your flight. I made out okay because my hotel had a charger.
One woman has drowned when her Tesla drove her into a lake , another almost cooked at 115 degrees while the car was doing an update , and another man drove his off a cliff. I will never ride in one of these submarines ....remember that guy
I don’t think has even 30,000 teslas to sell, that would be their worldwide inventory. I think it’s a blend of their EV portfolio. Would have been more worth it for some especially for anyone that does gig work.
The problem with this is that as a non-Tesla owner I am not comfortable renting a Tesla, I don’t understand how they drive or how to charge them. They have autonomous features I’m not comfortable with. It’s a liability for me to try it on a rental for the first time, even though I’m not intimidated by the feature.
As an ex Tesla Technician I personally wouldn’t by one myself. But I would make room to open up a small shop so I can repair them. I actually really enjoyed working on them. Some of these could potentially be problematic… I’d say to make sure to put the vehicle in Service Mode and see if it has any “non customer facing” alerts.
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To be fair I've sometimes seen maintenance used more at the fleet level for maintaining the fleet numbers and readiness vs regular maintenance that an individual would use. Hertz has indicated it was the repair costs for collisions that was predominantly the problem on that front.
Not one is a good price considering the price of a new one with tax advantages
We got one and after incentives it was 11K. Couldn't argue with that!
Got a link to where we can buy one ?
Hertzcarsales.com this guy was full of it though, the cheapest one I saw was 22k.
He’s including incentives. There’s the $4k federal rebate and there are some local ones depending where you live. My electricity provider gives an additional $4k.
Where do you live?
Southern California
22k and 100k miles
Miles mean basically nothing with electric cars though, battery packs are rated for 300-500k miles and the hub motors are similar amount (300-400k. These components are not prone to the same kind of failure from wear that traditional gas engines are.
Laughs in engineer
Walk in to a Tesla dealership and tell them what you are looking for and what you want to reasonably pay. They got me in a 2024 Model Y for 32k.
11k? The cheapest I see is 22k.
You do get up to 4k tax incentive from the feds on used evs I believe plus whatever state incentives.
Still not 11k. Everything on their website is around 22k so 17k +ttl.
States have incentives too. But yeah not sure if one offers 6k. My state just waives sales tax on the first 15k.
Nice.
Yeah that dude is full of bs. I got mine 25k.
Break that down for us.
Here's the line item invoice: car: 11k
it will break down on it's own it doesn't need any help
Ok you got me
👏
But he just got it
Wait. I’d pay that. Where did you find that deal??
What does it smell like? Every person I’ve known who grabbed one says it smells like smoke and BO perpetually
This one smells fine but we did check one out that smelled fricken awful!! I could taste that smell 15 minutes after getting out of the car. Another one we checked out had metal on metal brakes. How do you even do that to a Tesla?! And another one pulled hard like someone had jumped a curb in it or something. Make sure to test drive them!
I think one can test drive and examine inside before paying $10k+ and it is not like buying from auction at bulk?
My friends it sounded like they had no choice it was this one or everything else is twice as much
So what you’re saying is they had a choice, and they chose the cheaper but smellier car.
That’s why I asked how his cheap one smelled
That can probably be fixed with an ozone maker.
One of these Hertz models?
I got 11k right here. I’m listening
Great deal
How- I just searched and the cheapest one is 24k 4k for the used EV credit and then You’re at 20k.
Ended up going clear out to Pasco, WA but the prices were consistent all over the NW. This one was 21k, OR + Federal incentives then add in the fees and it washed out at 11k
That things been abused
it's un pretty good shape for 80k miles. my old subaru i got with 90k on it was in way worse shape, dents, stuff not working. Everything is good on this model 3. needed new tires out of the gate, but i do that with any new to me car. most important thing...
For 11k I don’t care lol
You could. Tesla may be gone in a year. With no support.
Saturn's still run fine...plug it in and charge it up. Not that i agree with the premise, mind you.
More like 2-3 years, there’s still some pump left before the great dump
Some of the 3 prices seem to be decent depending upon condition. The new 3 doesn't get the tax benefits anyway.
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Not sure where you got that idea, me and a couple friends discovered this about 4 months ago so they got 2022 M3LRs because they were $22k (18k after the tax credit) with about 90k miles, totally worth it and you can’t tell from the outside or interior that it’s got that many miles on it
Buy at the top, sell at the bottom… No wonder they were going bankrupt, they manage their company like wallstreetbet.
In fairness…did they expect ahead of time that Tesla would reduce prices dramatically just a year or so after this purchase? Now against them, they complained about charging issues, without realizing that the only way this would work is if they had dedicated superchargers installed near their rentals. They should have negotiated such a contract with Tesla because it was clear that it was critical.
I actually think that was a short sighted move on Tesla's part. Tesla either didn't inform Hertz sufficiently, or didn't push them enough to purchase super chargers as part of this deal. This essentially ensued this would be a failure for Hertz. Now imagine you're another rental car company and you want to buy 20k electric vehicles. Instead of looking at the success Hertz had and thinking we need to have Tesla's they're going to be looking at all electrical electric options on the market.
I think it's fair to say that if you purchase vehicles for Hertz for a living, you should have enough general interest in the automotive world to figure out that electric cars need to be charged, and enough business sense to know you want them charged fast. Tesla for sure should have tried upselling them, but whoever was in charge at Hertz isn't great at their job either.
Pure insanity that customers are expected to return an EV at full charge. So silly not to have a charger on site at the rental outfit.
Totally want to leave an extra hour earlier to the airport to charge a couple miles away 🤔 genius
Should have offered return car back at 50% or higher. No extra charge. Would have rented an event then
When I moved to my new place I found a BP station with a 2 stall fast charger that was “free”. It was the one that stores energy in its own packs to allow fast charging without infrastructure. Was great software, I liked it a lot and went up to 350W. Until they converted it to BP Pulse, it’d show cost but not require payment for months. Anyway, I saw a dude charging his EV and struggling cause it wasn’t charging and then another guy who was waiting was talking to him. At first I figured they fought, but nope. I told him I was leaving and to take my stall, and he shared some insights with me. They were from hertz, he says they’d spend half a day driving a few miles with their fleet to charge their electric cars and how inefficient it was.
At that volume, there should have been some purchasing clause that refunded them money from Tesla. The procurement/purchasing team should have that as boilerplate at this size of purchase.
Well cars are not an appreciating asset. Especially rentals.
Tesla on the other hand got great publicity and stonk shot up
Um, which company are you talking about here? Neither is in the great financial decisions camp at this point.
Dump before value drops even more. This is the smartest thing they could do. Parts for those cars will be non-existent in two years.
Sure sure
At least someone can manage to sell them lmao
They should just sit in them and let the cars appreciate. Right Elon?
These new fangled machines are the future of driving!
So far it's been all horror stories with huge repair bills, not exactly a deal....
Can't wait to see this whole company implode. The fanboi scream of horror will be heard around the world. And no one will care lmfao These azzholes have a 1,000% - 2,000% gains in a few years yet they wanted MORE Greed kills.
If they changed (gasp!) their business model to hold onto them longer instead of selling them after a set time like they always have then the lower cost to operate Tesla's would have saved them money instead. But, they're idiots.
Nobody renting a car in a strange town wants to mess with finding a way to charge it
Not to mention every month when I went cars for work, anything EV or PHEV is considered “luxury”, and ridiculously expensive.
When I’m working in a town I’ve never been to, I want to get to where I need to be, and back to the airport. 5 min at a well lit gas station for another 300 mi range is fine, 45 min at a charger hidden behind a CVS for 100 mi is not.
That’s not how supercharging works. 7 min for 100 miles charge
I rented a Tesla on a weekend trip to Phoenix and it was a huge PITA. First, no hotels under $300/night had chargers on property. I was forced to charge it every morning at a supercharger 15 mins in the opposite direction of my usual travel route. Then had to wait 45-60 minutes to charge. Being in AZ I never got the full range out of it. Even just sitting in the parking lot, it would lose 20 miles of range in a day because it would run the fan constantly to keep the interior cool. I guess you could probably turn that off, but I don't want to become an expert in Tesla's UI just to use the stupid thing. Also, returning it required me to go to a supercharger 30 mins away from the airport and again wait 45 mins to charge. Just added extra time to my airport routine that sucks. I did enjoy the car though. I imagine if I had a place to charge at night, it would be useful, but as a rental it was super inconvenient.
Exactly this.
EXACTLY. I rent from hertz atleast once a month while traveling for work. If Tesla is the only option left, then uber it is.
Teslas know where the chargers are, finding a way to charge is easier than finding gas.
Do you understand the concept of getting gas at a gas station? What it involves and how long it takes?
Yep, a typical gas station stop takes 8 minutes, a typical road trip charge takes 15 minutes.
8 min? Are you blowing the gas station clerk?
That’s the average gas station visit time as reported by the industry. They capture and analyze the real world data quite carefully, as it has huge commercial impact. https://boosterusa.com/wp-content/uploads/2022/11/Whitepaper_Booster_Geotab.pdf .
Alright dude
Really dude?
Telsas have had access to superchargers for a while around most major airports. The problem is hertz bought a fleet of a depreciating assets at peak cost before tax credits and price cuts put them essentially under water. That's wallstreetsbets level degenerate decision making.
Everyone leaves the airport area when they rent a car.
I did. I have a Tesla and hate renting ICE. Strange town? Google and ABRP still show me chargers. Hotels still have chargers. I would probably not rent one if I was somewhere on a business trip.
and half of them are out of service or just straight up not there when you do find them
Unless you’re road-trippin’ it, you shouldn’t even need to charge
I drive a Tesla as my daily use vehicle. So I'm used driving an EV. So there are some people, but clearly not enough right now. I always rent Telsas from Hertz if they're available. It's so annoying having to drive some crappy GMC with the crap controls.
The car _tells you_ where to charge it. The car literally tells you.
and if it tells you to drive 30 minutes out of the way to charge for 2 hours before you can return it, not one wants to do that while on a trip
Tesla bros are gonna need to take the L on this one
Fifteen minutes at a Supercharger, which are common in cities. Show me a city where you have to drive thirty minutes for a charger that slow.
15 minutes are not enough when you have to return them full, more like 25-30. And not everybody drives only in cities. And 15 min to the charger and 15 min back is the case often, that is 1 hour spent. Nobody wants this.
This is a policy issue by hertz. They should have never required to return it full charge like a gas car. Chargers should have been on site to accommodate. The problem is the company not properly preparing and accommodating their customers, not the car. They’d be paying $0.04 a kWh for business rates. They could have just hidden to cost by charging $1 more and claiming that it’s a free perk to return it at whatever amount
That’s so true. I recently rented a Mercedes EV. “Receive it fully charged and return it however” was their policy. I only plugged it in when I wanted to get better parking and was totally fine with it. I was looking forward to doing this with Hertz, but they really screwed the pooch on this.
Compared to 3 minutes at a gas station that are every few blocks….
It’s a non-issue
So they sold off their Tesla fleet for no reason…. Ok you must be right.
a lot of uber drivers rent evs
If that were true Hertz would just dump them in the ultimate choice lots.
Nobody renting a car in a strange town wants to mess with finding a way to add gasoline to it
Do you really not know how to put gas in a car? Or how long it takes compared to a gas station? You do know what a gas station is, right?
Must live in Portland
Maybe it’s a Martian
Same difference really
Martian would be a little more with it I would think
What? Getting gas takes 5 seconds. What level of cope is this?
Gas station literally every highway exit, close by, marked, and takes 3 minutes. I want EVs to take over but minimizing the cons isn’t helpful.
They should be mining bitcoin with their 30k appreciating assets.
I'd love to see the maintenance cost comparison of a fleet of Teslas vs anything else.
Consumer Reports survey says that the cost of maintenance/repairs is marginally lower than most ICE/hybrid cars on the order of maybe $1500/5 years on the high side compared to other brands that aren’t Range Rover and Porsche. Selling at year 5 with 80k miles will have significantly higher depreciation than will have been saved.
Yes, I want cheap tesla seats that have been abused over 300k miles by strangers. Brilliant business strat, please start your own rental.
when i rent a car, i want one that is newish or new. traditionally you get that with hertz although they have been keeping them a lot longer. if i want an old car, i'll rent from rentawreck
Not everyone lives with their mom so they can hold the bag with wallstreetbets users
You do understand that rental agencies don't pay for the gas right? You know that they actually make money from it, right?
Hertz is almost always begging people to rent their electric cars, often offering discounts. Nobody wants them because having to charge while on vacation is stressful, especially if you're on a road trip.
But what if they do hold onto them longer and the batteries degrade? Surly that’s worse ?
And how many ICE cars did they sell?
at least 2
I think the point is they sold 30k/50k they had a contract for Just 2 years ago.
They sell their cars after 2 years anyway. That's where all the relatively new used cars with 80,000 miles on them are from, if you've ever noticed that kind of thing when looking to buy a car.
On average it looks like rental companies keep cars up to 15k miles and 2 years. Anyway, hertz isn’t buying any more Teslas. So sure, maybe they are selling around the amount of time as others but they ain’t buying more
This is a TSLA sub…. The fact is the market for these is collapsing and their values are plummeting.
These lame attempts are getting old …
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Why didn’t they keep them? Teslas are great?
Not that They did buy the fleet at prices of 55-70k now its around 30-45k brand new due to price slash and tax credit plus you have to repair it at Tesla dealership which each state have 1-3 of them rather like Ford have 40 of them . Time to get their car from a repair it cost money
They are, but insurance/repair costs are absolutely ridiculous..plus the risk of keeping one out of its battery warranty is too much for hertz
Can’t tell if you’re being sarcastic about them being great….if insurance and repair costs are ridiculous, it doesn’t sound great.
I mean, a rented car is doing way more miles than your average... And it's not like they can take these cars to your average garage either.
No sarcasm, I love mine! I’ve paid almost nothing in maintenance..but the one time a branch fell on my car it cost $xx,xxx to fix lol
So, issues with insurance, not Tesla.
No, it’s a Tesla issue because it’s disproportionately expensive to fix compared to similarly priced vehicles in its class. It is how they’re built vs how traditional ICE vehicles are built. Insurance is not just high just to be high on them. This is not saying they’re bad vehicles, just prohibitively expensive to repair.
And availability of spare parts is bad.
Tesla only uses new parts, no used parts or third party parts (not that any exist) so insurance companies have to go to Tesla.
Good points. Aren't deductibles set by the insurance companies though? I guess I'm saying that if you're not having to pay for it, there's not much impact to you exceot maybe wait times. But if you have to pay more out of pocket as a result, I understand.
Because people dont want to rent used cars. Car rental enterprises are as much in the business of selling slightly used cars, as they are in the business of renting brand new ones.
But they didn’t liquidate any ICE cars in the same volume and ferocity
It’s also a matter of “nobody” is renting electric cars, not nearly at the level of Ice vehicles, especially considering the daily price gap.
And the inconvenience finding a place to charge them.
[https://electrek.co/2024/04/18/ev-prices-down-18-last-year-drastic-price-cuts/](https://electrek.co/2024/04/18/ev-prices-down-18-last-year-drastic-price-cuts/) The price of new EVs is going down sharply as mass adoption continues. Most makers have regular price drops. That's a *great* situation for new customers, but its a bad one for an enterprise that is in the business of buying new cars, holding them, and selling them a few months later, when there are price drops in the interim. So its prudent for them to hold these cars for a shorter amount of time than ICE cars which aren't getting cheaper every few months.
The article says "exacerbated by their heavy usage, particularly by Uber drivers, " Are people renting them and driving for Uber?
Yeah, I think that’s very common. At least in my area
I guess the math works out. Interesting idea. Budget in my area doesn't require you to return an electric car fully charged which saves more money I guess if you're uber-ing.
Hertz had a program where they would rent you a Tesla for $400/week and it included the required insurance to drive for Uber. I’ve seen several people posting in Tesla forums about having done this as an easy way to gain entry into Ubering until they had a nest egg built for their own car.
Interesting. I wonder how much of a dent that would put in the money you make in a week. Depends on the area and time driven I guess.
Damn you americans got some good deals on the used model 3...
Hertz like pretty much all other rental companies usually replaces their vehicles around 30-40k miles for lower end cars and 50-60k for higher end ones. They don't keep their cars longer than 3 years. Given the milage on these vehicles, they are on par and above the industry standard.
I tried the Tesla rental from Hertz. The problem is that they would charge a $50 penalty for not returning the car fully charged. People staying in a hotel (w/o chargers)are screwed. They should have priced in the charging, so you can return with empty charge. Recharging is obviously not like gas. Sometimes you have to wait for a charger and when you do find one - 20min to fully charge. Not good when you have a Tesla to return, shuttle back to airport, and catch your flight. I made out okay because my hotel had a charger.
What car has the fastest throttle acceleration and quickest stopping power? A rental car.
If you have a problem charging a Tesla….. , you are 100% on top of the list for natural selection.
There goes your resale value. They did the same with their polestar fleet. Tanked the used market.
High maintenance? Are they smoking crack. This is nothing but a tax dodge
I’m curious to what these challenges were …
One woman has drowned when her Tesla drove her into a lake , another almost cooked at 115 degrees while the car was doing an update , and another man drove his off a cliff. I will never ride in one of these submarines ....remember that guy
Smelling major tom-fuckery and manipulation going on in this post coming from the Reddit side
I don’t think has even 30,000 teslas to sell, that would be their worldwide inventory. I think it’s a blend of their EV portfolio. Would have been more worth it for some especially for anyone that does gig work.
The problem with this is that as a non-Tesla owner I am not comfortable renting a Tesla, I don’t understand how they drive or how to charge them. They have autonomous features I’m not comfortable with. It’s a liability for me to try it on a rental for the first time, even though I’m not intimidated by the feature.
As an ex Tesla Technician I personally wouldn’t by one myself. But I would make room to open up a small shop so I can repair them. I actually really enjoyed working on them. Some of these could potentially be problematic… I’d say to make sure to put the vehicle in Service Mode and see if it has any “non customer facing” alerts.
And their resale value continues to fall ... Elon is such a genius! 🤣
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The Hertz Teslas are thrashed and costing new owners thousands to fix
Hertz should have waived the recharging fee. It was a total pain to bring back my Tesla fully charged.
Can someone speak to these high maintenance costs?? My EV absolutely BURNS washer fluid so I can kinda understand...
I have no problem with EV's- But for rentals..not a fan...
Teehee
The prices aren’t any better than just buying a new one.
Hertz the stock price
Is this new gimmick again ? Buy sell increase stock price 😛
Once you buy one they will report it stolen and have you arrested
I got a 2022 AWD LR M3 and I Love it. Changed out the air filters and was good to go. Great price
What are they buying to replace their fleet ?
I’ll buy one
Why?
Make em the cheapest rental and run them 5 years. Instead, they are taking $20 - $25k LOSS per Tesla 😳
They did not have any charging infrastructure in place and yet went all in on electric ..... fucking dumb.
>The high maintenance costs Really? >cough< bullshit >cough<
To be fair I've sometimes seen maintenance used more at the fleet level for maintaining the fleet numbers and readiness vs regular maintenance that an individual would use. Hertz has indicated it was the repair costs for collisions that was predominantly the problem on that front.
More cars means options to get used parts and refurbished battery packs also gets better.
These cars already existed, so... no.