It turns out buying a cheap EV that used to be a rental car isn’t the best idea.
Hertz gambled and lost when it placed its big EV bet on Tesla a few years ago. It was a chance for the rental car company to shake up the industry, instead the company bought 30,000 Tesla s, got scared away by depreciation and expensive repairs and now wants to get rid of them. While all those used Tesla s looked to be great used car deals, it turns out high mileage EVs that were formerly rentals are horrible to own as New York Magazine reported.
The hole in the battery pack turned out to be damage that was classified as “exterior damage,” resulting in a repair bill of over $13,000. Of course, that amount wasn’t covered by warranty. Surprisingly, Hertz told Pandey they would let him swap the car for another. Unfortunately that meant two months of waiting while Pandey still made his $500 car payment. Pandey says this is when it dawned on him why Hertz was trying to offload these EVs.
Uber Nikola Tesla Ford Motor Company Elon Musk Park Ridge New Jersey Hertz Global Holdings Tesla Model 3 Tesla Inc. Bijay Pandey Gizmodo
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