EV bargains to be found as Hertz sells off some of its electric cars

[DBoon]

Electric vehicles have many advantages over cars that still use internal combustion engines. They're far more efficient, they're quieter, and they usually have much more torque than their gasoline-powered equivalents. But we're still far from achieving price parity between powertrains. In other words, EVs are expensive.

One place you can find some bargains, though, is the rental company Hertz, which currently has more than 2,100 EVs for sale, more than half of which are affordable enough to qualify for the IRS used clean vehicle tax credit.

Hertz has been adding a lot of EVs to its fleet as part of the company's decarbonization plan. In 2021, it revealed plans to purchase 100,000 Teslas. However, the controversial car maker had delivered fewer than half of those two years later, and long repair times for customer-inflicted damage have seen the rental agency divest itself of many of those Tesla and diversify its fleet, adding plenty of Polestars, Kias, and Chevrolets.

This January, we learned that Hertz plans to sell off about 20,000 of its EVs, and there are currently 2,115 EVs up for grabs among the 31,134 cars for sale on its used car sales site.

https://arstechnica.com/cars/2024/03/looking-for-cheap-evs-try-hertzs-ex-rental-cars/

[getagrip_already]

1. teslas? no thanks...

Second hand tesla? double no thanks.

[Ninga]

2. I drive a Tesla X. I sold a 2014 Tesla S in 2018 with 68,130 miles that is still being driven today.

Currently it has 139, 000 miles and drives like a dream.
Our 10 year savings on gasoline is between $19 to $21 thousand, depending on yearly mileage.
Our average monthly home electric cost for charging at home is $30.00. Over ten years about $3,600. Do the math.
Breaks last about 10 years as the Tesla has regen braking
No oil changes
Tires and filters and other minor maintenance.
It’s a sweet car.