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Hertz to sell 20k EVs in shift back to gas-powered cars

bloomberg.com

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Re: Hertz to sell 20k EVs in shift back to gas-powered cars

#201

Post by stcredzero »

cameldrv wrote: post #194

Teslas are extremely expensive to own. As the article says, collision repairs are extremely expensive, partially because of the design, partially because Tesla essentially fully controls the repair market. Also as mentioned in the article, depreciation is very high. I'm not fully sure why this is, but there is to some degree the same effect with luxury brands -- BMW, Mercedes, etc, where a lot of the signaling value…

Teslas are extremely expensive to own.

BS. Cheaper by far than any gas car, in time and money! Half the cost to fuel. No more emissions check. No more oil changes. No more visits to the gas station.

As the article says, collision repairs are extremely expensive

I suspect this is also BS. That's par for the course with media outlets w/Tesla.

Re: Hertz to sell 20k EVs in shift back to gas-powered cars

#203

Post by Animats »

This article doesn't mention that, apparently, Uber drivers are renting or leasing cars from Hertz. Hertz markets this to Uber drivers.[1] This is apparently terrible for Hertz. Uber drivers put a lot of miles on the vehicles. Plus, Teslas are expensive to repair. On top of that, the auto rental business is a speculation in used car futures. That's why it hurt Hertz when Tesla reduced prices.

This all reflects on Hertz's accountants, who should have seen this coming.

[1] https://www.hertz.com/rentacar/misc/index.jsp?targetPage=ube...

Re: Hertz to sell 20k EVs in shift back to gas-powered cars

#204

Post by metalliqaz »

stcredzero wrote: post #187
alexb_ wrote: post #182

[flagged]

Really, because my understanding, based on an earlier Hertz president interview, was that the maintenance cost was 1/2 what their typical fleet vehicle was.

he was probably just repeating what Musk had told him to make the sale, but of course Musk speaks only in varying degrees of B.S.

Re: Hertz to sell 20k EVs in shift back to gas-powered cars

#205

Post by stoddur »

stcredzero wrote: post #187
alexb_ wrote: post #182

[flagged]

Really, because my understanding, based on an earlier Hertz president interview, was that the maintenance cost was 1/2 what their typical fleet vehicle was.

I own a 2017 Model S and the maintenance cost over these 6 years has been 1000 USD (change brake calipers at the end of year 6). For EV owners it’s definitely lower but damage collision repairs are probably more expensive.

Re: Hertz to sell 20k EVs in shift back to gas-powered cars

#207

Post by Zanni »

I've rented Teslas from Hertz twice, about one year apart. The process has improved considerably in that time, so I don't think this is an indication that Hertz has turned bearish on Tesla.

The improvements include an on-display tutorial for how a Tesla differs from other models in their fleet (including door operation, use of keys and charging) and the ability to use your phone as a key. This last is very nice quality of life improvement.

Re: Hertz to sell 20k EVs in shift back to gas-powered cars

#208

Post by gumby »

CharlieDigital wrote: post #183

Not sure about the economics for the rental companies, but for a consumer, there are practical reasons why electric aren't quite as attractive. When you rent a car, more than likely you will be in unfamiliar territory. So it seems that it just adds to the stress of travel and yet another thing you have to pay attention to. Will my hotel have charging spots? Will I be able to charge at the client site I'm visiting? Ho…

FWIW I rented an electric volvo in november and its built in map (displayed by default even if you weren't using its nav system, which I did not) displayed charger sites. As it happened my hotel had a charger in the parking garage and the valets plugged my car in for me.

One anecdote does not data make, and I didn't know at the time of reservation that my hotel would be adequately equipped.

Re: Hertz to sell 20k EVs in shift back to gas-powered cars

#210

Post by stcredzero »

nosequel wrote: post #196

Interesting tidbit at the end. > Besides costing more to repair when they’re damaged in a crash, Scherr also said, EVs are also getting in more crashes. then > Our work with Tesla is to look at the performance of the car, so as to lower the risk of incidence of damage I'm curious if they are working with tesla to the performance? Are people getting into accidents because they aren't used to teslas' acceleration vs. a…

Are people getting into accidents because they aren't used to teslas' acceleration

Most likely. Even the lowest end Tesla can scare the pants off of a passenger who has never been in an EV before. I know this from personal experience. An EV driver noob who stomps on the pedal has a chance of panicking and death-stomping on the pedal more.

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