In addition to that, they gave me a model 3 when I was trying to rent the most basic gas model (for the same price). I'm glad I got to try it but never again. I thought I was getting a good deal...
Hertz to sell 20k EVs in shift back to gas-powered cars
111–120 of 834 posts
Re: Hertz to sell 20k EVs in shift back to gas-powered cars
#112Car rental companies regularly rotate through their fleet. I suspect these are cars that are supposed to go up for resell anyway and they are just not replacing them with equivalents. EVs are already not a good fit for rental cars - I don't think travelers on vacation want to figure deal with a charging plan. It's also really hard to sell even a luxury sedan as an upgrade when everyone wants an SUV. I'd be curious to…
The last time I needed to rent a car, I seriously considered renting an EV. I find them more pleasant to drive, my usage could have been accomplished on a single charge, and Hertz doesn’t penalize you for returning a discharged EV like they do for returning a gas car on an empty tank, so it would have saved me having to find a gas station near the airport on my way out of town. But they wanted more than twice as much…
I mean, they were only going to charge twice as much for a car that costs 3x as much.
Re: Hertz to sell 20k EVs in shift back to gas-powered cars
#113Earlier quoted context omitted.
Rental agencies don't actually "rent specific cars" - they sell rentals at specific price points and fill those obligations with whatever they have laying around at the time. Which is why it's almost best to just rent the lowest, cheapest thing, because they'll give you whatever they have. This stops working when you need a particular aspect of whatever it is, especially if it's an aspect nobody really "cares" about…
My wife and I went to Kauai and specifically rented a Jeep so we could take it on some moderate trails to see waterfalls and whatnot. We were somewhat dismayed when we arrived and found we had been "upgraded" to a BMW X5 and there were no actual off-road vehicles available from the company. It was a nice car, for sure, but not what we had wanted.
Re: Hertz to sell 20k EVs in shift back to gas-powered cars
#114Why Hertz’s Bet On Tesla Isn’t Paying Off In The U.S. https://www.youtube.com/watch?v=UfbkvUXTV_I
"pricing troubles, skyrocketing repair costs and low resale value"... They turn their fleet over every 2-years or so, so resale value is important, and with prices of new EVs coming down, the resale value will be significantly lower than a new model.
Re: Hertz to sell 20k EVs in shift back to gas-powered cars
#115Car rental companies regularly rotate through their fleet. I suspect these are cars that are supposed to go up for resell anyway and they are just not replacing them with equivalents. EVs are already not a good fit for rental cars - I don't think travelers on vacation want to figure deal with a charging plan. It's also really hard to sell even a luxury sedan as an upgrade when everyone wants an SUV. I'd be curious to…
> It's also really hard to sell even a luxury sedan as an upgrade when everyone wants an SUV I don't want an SUV. I get angry at rental companies when they try to give me one. I increasingly don't recognize this country I grew up in with the car culture. In the early 90s nobody wanted SUVs either. The truck and SUV craze was apparently sparked by an emissions regulatory loophole, where larger vehicles were excempt be…
Modern "compact" or "crossover" SUVs are just hatchback cars. Some are quite small, they're just named differently to make people buy them.
The real loser has been minivans, station wagons, and actual hatchbacks. There's no reason to buy a sedan when on the same footprint you can get an SUV with more room.
Tesla Model 3 length: 185.8″
Volkswagen Taos length: 175.8″
Re: Hertz to sell 20k EVs in shift back to gas-powered cars
#116Earlier quoted context omitted.
> It's also really hard to sell even a luxury sedan as an upgrade when everyone wants an SUV I don't want an SUV. I get angry at rental companies when they try to give me one. I increasingly don't recognize this country I grew up in with the car culture. In the early 90s nobody wanted SUVs either. The truck and SUV craze was apparently sparked by an emissions regulatory loophole, where larger vehicles were excempt be…
My own car is a compact, and I would rent a SUV or other large vehicle for that exact reason. Sometimes, rarely, I need a big car, I don't have one, that's what rental is for. When travelling, I tend to prefer public transport, except when in a group or when I need to carry a lot of stuff, and again, for that I need a big car. And not an EV. EVs are ideal when you can charge at home. When renting a car, it usually me…
Re: Hertz to sell 20k EVs in shift back to gas-powered cars
#117CNBC did a better job than this low-density article. Why Hertz’s Bet On Tesla Isn’t Paying Off In The U.S. https://www.youtube.com/watch?v=UfbkvUXTV_I "pricing troubles, skyrocketing repair costs and low resale value"... They turn their fleet over every 2-years or so, so resale value is important, and with prices of new EVs coming down, the resale value will be significantly lower than a new model.
Prices of new Teslas coming down. This is incredibly specific to Hertz's bet on Teslas.
Re: Hertz to sell 20k EVs in shift back to gas-powered cars
#118This is not really surprising due to the business model Hertz was going after. They expect their used vehicles to have better resale values than what they currently have... which is a bunch of Tesla's bought at more or less the peak of pricing and now to be sold when prices have come down to sanity. They rode the market and lost. Also they got a LOT of EV's, I give them props for doing so... but rental cars should be…
Why give them props?
It sounds like an obvious waste of their money and resources, one that could easily have been foreseen and calculated. How can a company that specialises in cars like they do, make such an obvious error, like buying 20k EV cars? They are not consumers making lifestyle decisions, they are meant to be running a business!
Re: Hertz to sell 20k EVs in shift back to gas-powered cars
#119CNBC did a better job than this low-density article. Why Hertz’s Bet On Tesla Isn’t Paying Off In The U.S. https://www.youtube.com/watch?v=UfbkvUXTV_I "pricing troubles, skyrocketing repair costs and low resale value"... They turn their fleet over every 2-years or so, so resale value is important, and with prices of new EVs coming down, the resale value will be significantly lower than a new model.
Re: Hertz to sell 20k EVs in shift back to gas-powered cars
#120CNBC did a better job than this low-density article. Why Hertz’s Bet On Tesla Isn’t Paying Off In The U.S. https://www.youtube.com/watch?v=UfbkvUXTV_I "pricing troubles, skyrocketing repair costs and low resale value"... They turn their fleet over every 2-years or so, so resale value is important, and with prices of new EVs coming down, the resale value will be significantly lower than a new model.
But I was told EV's would be much more reliable and cheaper to repair?