Electric car news
The American rental giant Hertz is shaking up the used vehicle market with an unexpected commercial strategy. The firm now offers its Tesla Model 3 at unbeatable prices, sometimes up to 17 228 eurosa decision that raises many questions about the future of the electric car market.
The fall in Tesla Model 3 prices: a golden opportunity
The second-hand market is undergoing a radical transformation with this Hertz initiative. Customers who have rented a Tesla Model 3 are offered a buyout at particularly attractive rates. Vehicles displaying only 48,000 kilometers metered are available for less than 18 000 eurosa price that defies belief when we know that the new model starts at more than 42 000 euros.
| Mileage | Selling price | General condition |
|---|---|---|
| 48 000 km | 17 228 € | Excellent |
| 200 000 km | 19 000 € | Bon |
The hidden reasons behind this business strategy
This decision reveals complex issues in the electric vehicle rental sector. Hertz faces several major challenges:
- A accelerated depreciation electric vehicles on the second-hand market
- Of the Tesla repair costs amounting on average to 5 552 dollarssignificantly higher than the competition
- The problem of batteries stuck to the chassis making it impossible to inspect them after an accident
Technical and financial implications for buyers
Buying a used Tesla from Hertz has specific technical aspects to consider. The durability of Tesla batteries is recognized, with an average degradation of only 5% after 100,000 kilometers. The vehicles offered still benefit from significant autonomy, often greater than 400 kilometers in real conditions.
Impact on the used electric vehicle market
This situation sets a precedent in the used electric vehicle market. The prices charged by Hertz risk influencing the entire sector, creating downward pressure on the prices of second-hand electric cars. Current owners could see the residual value of their vehicle decline faster than expected.
Prospects for future buyers
For potential buyers, these offers represent a unique opportunity to access electric mobility at a lower cost. However, several factors should be taken into account:
- History of intensive rental use
- THE specific maintenance costs to Tesla
- Availability of spare parts and repair network
This unprecedented situation disrupts the traditional codes of the used car market. Manufacturers will probably have to adapt their pricing and warranty strategies to maintain the attractiveness of their new vehicles in the face of these exceptional offers.
Written by Albert Lecoq
Specialist in electric car buying guides, I am passionate about new technologies and am a strong supporter of the adoption of electric technology and sustainable mobility.
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