Author Topic: Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars  (Read 868 times)

FL SAAC

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Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars
« on: January 12, 2024, 09:19:09 AM »
LMAO  !

Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars

Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars
https://finance.yahoo.com/news/hertz-sell-20-000-evs-143449475.html
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tesgt350

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Re: Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars
« Reply #1 on: January 12, 2024, 10:15:50 AM »
I find it odd, they said they are too expensive to Maintain but are only selling a THIRD of their Fleet.  Why not ALL?

FL SAAC

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Re: Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars
« Reply #2 on: January 12, 2024, 10:29:44 AM »
I find it odd, they said they are too expensive to Maintain but are only selling a THIRD of their Fleet.  Why not ALL?

Elementary my dear test350, remember that a few years ago Hertz had a financial hardship,  unloading ALL their EV inventory would again be a major loss and would not look good when filing their financial returns

I don't believe that as iof this moment they have recouped their investment on these EVs

Keep charging  !
Living RENT FREE in your minds...

Home of the Hertz Musketeers 

A person without a sense of humor is like a wagon without springs.  It's jolted by every pebble on the road

I have all UNGOLD cars

I am certainly not a Shelby Expert

Life is short B happy

98SVT - was 06GT

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Re: Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars
« Reply #3 on: January 12, 2024, 11:00:19 AM »
I find it odd, they said they are too expensive to Maintain but are only selling a THIRD of their Fleet.  Why not ALL?
It's more about cutting losses on depreciation - cost vs resale. I did the math in this thread.
https://www.saacforum.com/index.php?topic=25643.0
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NC TRACKRAT

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Re: Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars
« Reply #4 on: January 13, 2024, 09:08:42 AM »
Think this might be "Deja Vu all over again"?  Hertz dumped all their '66 GT350's on the market and now look what they're worth!
5S071, 6S1467

FL SAAC

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Re: Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars
« Reply #5 on: January 13, 2024, 01:52:08 PM »
Think this might be "Deja Vu all over again"?  Hertz dumped all their '66 GT350's on the market and now look what they're worth!

made an appointment to see the next "CROP" of collectibles ...
(  I think I  spelled crap wrong )
Living RENT FREE in your minds...

Home of the Hertz Musketeers 

A person without a sense of humor is like a wagon without springs.  It's jolted by every pebble on the road

I have all UNGOLD cars

I am certainly not a Shelby Expert

Life is short B happy