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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

#281

Post by wolverine876 »

infamouscow wrote: post #251
gumby wrote: post #208

Earlier quoted context omitted.

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.

The greatest barrier to EV adoption is the obstinance of early adopters that lack the capacity to understand why someone would use an ICE vehicle. Consequently, it hampers improvement in areas that need to be improved upon for wider EV adoption. It's quite ironic.

At least one great barrier is the reactionary response to anything associated with 'liberal', including anything that has to do with climate change. IIRC there's a correlation between politics and EV purchases. If even Musk can't persuade other reactionaries ...

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

#282

Post by maronato »

JumpCrisscross wrote: post #117
houseatrielah wrote: post #114

CNBC 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.

> with prices of new EVs coming down Prices of new Teslas coming down. This is incredibly specific to Hertz's bet on Teslas.

If Tesla lowers their prices, other EVs manufacturers are forced to do the same to remain competitive.

https://www.reuters.com/business/autos-transportation/tesla-...

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

#283

Post by jliptzin »

wannacboatmovie wrote: post #276
gumby wrote: post #208

Earlier quoted context omitted.

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.

> my hotel had a charger in the parking garage and the valets plugged my car in for me So they just put the charging fee on your bill with the little bottles of gin from the minibar? I'm sure hotel power is reasonably priced...

I have never been charged by a hotel to charge my car

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

#284

Post by cyberax »

nicoburns wrote: post #273
NickM wrote: post #267

Earlier quoted context omitted.

where a car is salvaged, we must crystallize at once any difference between our carrying value and the market value of that car Hang on though, this part has nothing to do with repair costs. This just sounds like an accounting issue, right? If anything I would expect this to benefit Hertz since they could write off the higher loss in their taxes immediately, instead of waiting until future years to write the value of…

I would imagine the difference would manifest itself in higher insurance rates. You can't just "write off more value" for free.

Hertz self-insures.

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

#285

Post by Tempest1981 »

adfm wrote: post #242
bombcar wrote: post #85

Earlier quoted context omitted.

That coupled with customer complaints and annoyance could definitely sour the company on it.

Adrian Cockcroft wrote about his Hertz experiences back in April. Update: Bad experiences renting electric cars from Hertz https://adrianco.medium.com/experiences-renting-electric-car...

Seems like a lot of random complaints, from mobile apps to lane-keeping software. Not much seems specific to EVs, more just about new technologies.

I guess you can rent a $20k Kia and avoid all the new tech.

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

#287

Post by camhenlin »

t0mas88 wrote: post #253
1970-01-01 wrote: post #78

This is due to high body damage repair costs and has nothing to do with repairing an electric powertrain: >Let me share a bit more context on the damage equation. First, while conventional maintenance on electric vehicles remained lower relative to comparable ICE vehicles in Q3, higher collision and damage repairs on EVs continue to weigh on our results and negatively impacted EBITDA. For context, collision and damag…

The title says "EVs" but really it's "Teslas" they're not selling their Polestars.

Lots and lots of Bolts on there if you take a look

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

#288

Post by wolverine876 »

saiya-jin wrote: post #163
s0rce wrote: post #137

I rented a Tesla from Hertz once in Houston and the whole experience was terrible. Got to the counter and the agent first suggested that I take a gas car for $25/day. I was confused because that was so cheap, although the Tesla was already heavily discounted. Apparently, this was $25/day above what I had paid for the model 3 and it was for a compact economy car. I stuck with the Tesla. The agent warned me that repair…

I am not a huge tesla fan but to expect that car rental employees will babysit every customer and show them all the cars in detail is... unrealistic. I was once spending maybe an hour to figure out how to start and move a rental mercedes after picking it up, and next to me was some german guy in exactly same situation with same model. Eventually we managed to figure it out with phones.

> to expect that car rental employees will babysit every customer and show them all the cars in detail is... unrealistic.

Not every customer needs explanations. I think it's completely realistic to expect a business to show me how to use what they are selling to me. How they profit from that is their problem - when they start having compassion for customers' finances, I'll have it for theirs.

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

#289

Post by Aspos »

s0rce wrote: post #137

I rented a Tesla from Hertz once in Houston and the whole experience was terrible. Got to the counter and the agent first suggested that I take a gas car for $25/day. I was confused because that was so cheap, although the Tesla was already heavily discounted. Apparently, this was $25/day above what I had paid for the model 3 and it was for a compact economy car. I stuck with the Tesla. The agent warned me that repair…

I went out of my way to charge the vehicle before returning, returned it with 98% it but was still charged extra. Complaints to their call centre got me nowhere and I just resolved not use Hertz ever again.

The only winner here is Polestar. That will be the next car I'll buy.

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