Rental Company EV Failure Hertz Our Resale Values

Recently, I was watching some videos about Equinox EV charging performance, and wondered whether it would make a good replacement for my Bolt EUV. Not only could I get more range, but faster charging of 100-150 kW instead of only 55. Considering that I like to do stupid things like use the Bolt to haul a trailer across the United States, having better range and spending less time at charging stations would be very beneficial.I actually got a decent deal on my Bolt EUV.

I have a much better version of the EUV, with the Premiere trim, leather seats, front and rear seat heaters, adaptive cruise, and other goodies. But, with the base price of the EUV getting dragged down by Hertz’ failure to implement a good rental program followed by dumping them onto the market en masse, the little bit of value added by premium features doesn’t mean that much, and my vehicle’s value has been likewise drug down a lot faster than most.

The same is true for even more capable EVs, like Model 3s and Kias. It’s going to suck for people who want to upgrade to something else only to find that the vehicle isn’t worth what they expected, but for people trying to pick up a decent used Tesla for $20,000, we’re going to see people get a decent vehicle for a pretty affordable price. So, in the long run, people will benefit a lot from access to cheaper used EVs.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

State sues Anchorage RV rental company alleging deceptive business practicesThe State of Alaska is suing an RV rental company and its owners, alleging deceptive practices, including charging patrons $2,500 damage deposits before RV’s were picked up, charging costumers taxes that weren’t owed, and forging a customer’s signature on receipts.
Source: AKNewsNow - 🏆 460. / 53 Read more »

Anchorage RV rental company shuts down abruptly, leaving hundreds of visitors scramblingA lawsuit filed by the state of Alaska accuses Alaska Motor Home Inc. of canceling this season’s reservations, with thousands of dollars in unpaid refunds.
Source: adndotcom - 🏆 293. / 63 Read more »

Redbox DVD kiosk-rental business shuts down after parent company files for bankruptcyRedbox is no more. Its parent company has converted its bankruptcy filing to Chapter 7 liquidation.
Source: ABC7 - 🏆 67. / 68 Read more »

Chinese company iSpace suffers 4th launch failure in 7 triesMichael Wall is a Senior Space Writer with Space.com and joined the team in 2010. He primarily covers exoplanets, spaceflight and military space, but has been known to dabble in the space art beat. His book about the search for alien life, 'Out There,' was published on Nov. 13, 2018.
Source: SPACEdotcom - 🏆 92. / 67 Read more »

Farewell Redbox: Kiosk-rental business to shut down after 22 yearsThe company will shut down its network of roughly 24,000 DVD rental kiosks.
Source: PennLive - 🏆 463. / 53 Read more »

Woman says car rental company charged her for damage she didn't cause. Her credit card company didn't helpA woman says a car rental company charged her for damage she didn’t cause during a trip to Southern California, and her credit card company didn’t have her…
Source: NBCLA - 🏆 319. / 59 Read more »