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Hertz Is So Desperate To Unload Tesla Inventory It's Asking Customers If They Just Want To Keep Their Rentals
Jalopnik ^ | Bradley Brownell

Posted on 12/23/2024 11:51:15 AM PST by nickcarraway

"Enjoying your rental? Take it home with Hertz Car Sales."

Hertz bought a bunch of Tesla Model 3s for its rental fleet and quickly realized that Tesla depreciation would be extra bad at scale. In an aggressive effort to sell off its remaining Tesla inventory, the rental company is sending extra cheap buyout options to rental customers. If you like your rental, Hertz will sell it to you for an extra cheap good deal. One Hertz customer took to Reddit to show off a screenshot of the deal he got directly from Hertz, a 2023 Tesla Model 3 with 30,000 miles on the odometer for $17,913.

I wouldn’t normally consider buying a used rental car from Hertz unless I was extra desperate, but the low miles and bargain basement pricing might be worth a rethink. A new Model 3, for example, will cost at least double that price. Heck, maybe it’s worth grabbing. For under $18,000 I can look past a lot of ills, including driving a Tesla. Maybe this is the $25,000 Tesla that Elon was promising?

Tesla has an 8-year, 100,000 mile warranty on its battery packs, and there’s still a good bit of that battery warranty remaining on this particular car, assuming Tesla will honor it on a used rental car. That might go a long way toward easing my anxiety over buying a rental Tesla. These batteries don’t seem to fail often, but people who aren’t familiar with EVs are renting them and doing god knows what to charge them up. Preconditioning? Limiting max charge to 80 percent? I doubt these are common rental car practices.

For what it’s worth, there are a ton of used Teslas on the Hertz Car Sales site, but anything priced this cheaply shows well over six digits on the odometer, and isn’t nearly as appealing. It’s unclear if this Redditor just got a particularly good deal, or if Hertz is just trying to sell everything not nailed down before the end of the calendar year.


TOPICS:
KEYWORDS: automotive; chat; ev; firetraps; hertz; nobodywantsthem; tesla; teslarentals
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1 posted on 12/23/2024 11:51:15 AM PST by nickcarraway
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To: nickcarraway

With the Juice gone, have they hired Barry Obama as their new pitchman?
“If you like your rental car, you can keep your rental car.”


2 posted on 12/23/2024 11:54:01 AM PST by irishjuggler
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To: nickcarraway

I was a maintenance man with a job at a housing project. The people would leave me alone if I gave them something. They liked tape. One guy wanted some screws. Then he looks inside the truck when I asked “Why don’t I just give you the keys and you can take the whole truck”.


3 posted on 12/23/2024 11:56:17 AM PST by DIRTYSECRET
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To: DIRTYSECRET

Isn’t Elon the one losing on this?


4 posted on 12/23/2024 11:56:59 AM PST by DIRTYSECRET
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To: nickcarraway

Very deceptive headline.

Rental companies routinely sell off cars after a couple of years.

Some of those Teslas are probably good deals for city drivers.


5 posted on 12/23/2024 11:58:58 AM PST by marktwain (The Republic is at risk. Resistance to the Democratic Party is Resistance to Tyranny. )
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To: nickcarraway
I've seen it written that there are a million plus EVs made in China that are just sitting in fields because nobody wants them.

I have a diesel sedan in which I've gone 810 (Interstate) miles on a single tank.When I got home I stopped at a gas station near me and filled it up again in about 4 minutes. But you can't buy new diesel sedans in this country because of EnviroWackos like the ones you find at Rat Party Headquarters. Disgusting!

6 posted on 12/23/2024 12:00:09 PM PST by Gay State Conservative (Import The Third World,Become The Third World)
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To: DIRTYSECRET

EVs, it seems to me, have a limited lifetime. He took a good profit already and is probably looking multiple NEXT THINGS to invent and invest in.


7 posted on 12/23/2024 12:00:50 PM PST by mairdie (GreenwichVillage ArmyPoet: https://www.iment.com/maida/family/father/oldsoldiersdrums/frontcover.htm)
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To: marktwain

I used to get these offers every time I rented.

For years.


8 posted on 12/23/2024 12:03:27 PM PST by Celerity
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To: nickcarraway

After year 5 you are going to have a pretty lame automobile.

Everybody knows about these batteries, everybody.


9 posted on 12/23/2024 12:03:40 PM PST by ImJustAnotherOkie
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To: DIRTYSECRET

Not after he sells the cars to the suckers.


10 posted on 12/23/2024 12:04:07 PM PST by ImJustAnotherOkie
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To: ImJustAnotherOkie

The batteries have an eight year warranty.

The more I learn about Teslas, the better their cars seem. Not great for cross country. In the city, pretty decent.


11 posted on 12/23/2024 12:05:54 PM PST by marktwain (The Republic is at risk. Resistance to the Democratic Party is Resistance to Tyranny. )
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To: nickcarraway

When a company is selling something at a deep discount, it’s called a fire sale.
But that term should probably not be used when selling used Teslas.

Just sayin’.


12 posted on 12/23/2024 12:07:30 PM PST by Leaning Right (It’s morning in America. Again.)
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To: nickcarraway

They aren’t offering to just give you the car.
What’s happened is the media has turned against Tesla.
Also true Hertz is getting rid of them.


13 posted on 12/23/2024 12:08:24 PM PST by Williams (Thank God for the election of President Trump!)
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Comment #14 Removed by Moderator

To: nickcarraway

Just wait until there is “toxic waste disposal fee” charged when you try to get rid of an electric car.

They’re mobile superfund sites.


15 posted on 12/23/2024 12:11:12 PM PST by TheThirdRuffian (Orange is the new brown)
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To: nickcarraway
It's a trap.

They will do that and then tell the police that you stole it.

16 posted on 12/23/2024 12:12:03 PM PST by Harmless Teddy Bear ( Not my circus. Not my monkeys. But I can pick out the clowns at 100 yards.)
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To: nickcarraway

shocking...


17 posted on 12/23/2024 12:21:59 PM PST by heavy metal (smiling improves your face value and makes people wonder what the hell you're up to... 😁)
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To: TheThirdRuffian

I’ve heard that most junk yards refuse to accept EVs because of the possibility of catching fire.

As a matter of fact it already happened in California

https://www.autoblog.com/news/tesla-model-s-fire-junkyard-video


18 posted on 12/23/2024 12:25:13 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave!)
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To: nickcarraway

Oh no!

Oversized electric golf cart fanbois not pleased


19 posted on 12/23/2024 12:25:17 PM PST by doorgunner69 (Your oath of enlistment has no expiration date)
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To: nickcarraway

I’ll give them a “Hertz doughnut” for one of their Teslas.


20 posted on 12/23/2024 12:29:11 PM PST by equaviator (If 60 is the new 40 then 35 must be the new 15.)
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