The rest may prove even more difficult to sell, with prospective buyers being scared away by high mileage and glaring problems with the Tesla rentals that could cost a fortune to fix — an ironic fate considering EVs were once sold as being incredibly cheap to maintain.
One buyer, who picked up a 2022 Model 3 with 70,000 miles on it for just $25,000, immediately regretted his decision, with a body shop discovering a sizeable hole in the bottom of the vehicle that was causing damage to the battery — a $13,000 bill that wasn't covered under warranty. "I realized why they were trying to get rid of those Teslas," the owner, Bijay Pandey, told the magazine. "If anything happens to a Tesla, then the bill is too high."
Even before buying the EV fleet, Hertz had been through a pandemic-related bankruptcy, only to be propped up by investors by becoming one of the first meme stocks.In other words, offloading extremely beaten-up and high-mileage Teslas is anything but easy, making Hertz's big bet a disastrous financial decision.On Reddit, users were quick to dissuade interested buyers who were tempted by the lower prices.
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