An anonymous reader quotes a report from Ars Technica: Apparently Hertz’s purging of electric vehicles from its fleet isn’t going fast enough for the car rental giant. A Reddit user posted an offer they received from Hertz to buy the 2023 Tesla Model 3 they had been renting for $17,913. Hertz originally went strong into EVs, announcing a plan to buy 100,000 Model 3s for its fleet by the end of 2021, but 16 months later had acquired only half that amount. The company found that repair costs — especially for Teslas, which averaged 20 percent more than other EVs — were cutting into its profit margins. Customer demand was also not what Hertz had hoped for; last January, it announced plans to sell off 20,000 EVs.
Asking its customers if they want to purchase their rentals isn’t a new strategy for Hertz. “By connecting our rental customers who opt
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