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
I find it odd, they said they are too expensive to Maintain but are only selling a THIRD of their Fleet. Why not ALL?
Quote from: tesgt350 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?
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 !
Quote from: tesgt350 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?
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
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!
Quote from: NC TRACKRAT 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!
made an appointment to see the next "CROP" of collectibles ...
( I think I spelled crap wrong )