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Tuesday 23 January 2024

So You Want To Buy One Of Hertz’s Cheap Used Teslas. Should You?

Ex-rental Hertz Tesla Model 3's look like a really good deal. Here, we examine a less-than-perfect example to learn what buyers may be in for.

Anti-EV pundits are using Hertz’s announcement that it plans on selling off a third of its EVs  as proof that no one wants an EV. But, who cares what they think? If you’re like me, you’re probably always in search of a deal, and cable news isn't where you find one. Right now, the ex-rental Tesla Model 3s look downright tantalizing.

 True, most of the cars coming out of Hertz’s EV fleet are high-mile examples with limited (or no) warranties left.

And, given how fast they’ve piled the miles on and Hertz' rideshare program, they’re likely ex-rideshare cars. That means lots of DC fast charging that could have accelerated battery degradation and plenty of wear and tear from random disrespectful strangers constantly entering and exiting the back seat. But, after the IRA’s used car tax credit, these Teslas could easily be in the mid to high teens—a far cry from the more than $35,000 that new units would cost. 

Read the whole story on insideevs.com



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