Technology

57453 readers

4164 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

192

Hertz Is Selling 20,000 Used EVs Due To High Repair Costs (arstechnica.com)

submitted 7 months ago by [email protected] to c/[email protected]

46 comments fedilink hide all child comments

Hertz Is Selling 20,000 Used EVs Due To High Repair Costs::undefined

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 8 points 7 months ago (1 children)

Some of the used EVs are rather affordable—the cheapest Model 3 is just $20,125. A long-range Model Y will cost a fair bit more than that, although even here, the most expensive one for sale by Hertz is just $38,116. As a reminder, there is now a tax credit of up to $4,000 available when buying a used EV that costs less than $25,000, assuming one meets the income caps.

But they are all ex-rental cars, and that means most of these cars have had relatively hard lives and now have plenty of miles on them—the cheaper Model 3s are all closing in on 100,000 miles. Not all of them, though—in New Orleans, there's a Kia EV6 up for sale with just under 5,000 miles.

Who is going to pay upwards of $20,000 for a car with nearly 100,000 miles on it?

[–] [email protected] 4 points 7 months ago* (last edited 7 months ago)

Sadly, the used car market is high all the way across. Finding deceng vehicles under 20k with less than 100k miles would be tough.