Tesla's big vehicle price fluctuations and repair wait times are putting rental car companies at a loss both in the figurative and literal sense. Tesla has cut prices by 30% this year and those rental companies which bought at the peak are suffering.
BYD isn't exactly better... But I guess this will be cheaper. You lose out on the really handy supercharging network tho... Don't know how this will work out...
They’re rental cars. They don’t care how customers charge them. They get bonus penalties if you bring them back with less charge than when you picked them up.
Idk, but until the infrastructure is more solid, fuck renting an EV. Most of the time, you're in a foreign place, so God knows where the chargers are. To top it off, you're typically spending your most cherished time when renting a car... Your vacation time. No one wants to spend up to 4 hours of their vacation charging an EV. If a rental car agency offered to "upgrade me to a Tesla at no extra cost, I would politely decline.
You don't need religion, just use the maps. They'll take you right there, even when you don't know the way. Maps aren't new, and GPS is commonplace.
No one wants to spend up to 4 hours of their vacation charging an EV.
WTF EV takes 4 hours to fast charge? And if you're charging on Level 2, it's because you've parked somewhere you're already stopping so who cares how long it takes. This point makes it sound like you don't really know about electric cars.
Edit: Just a couple links from a single site showing resale values, several of which are seriously skewed based on real world data collected by Tesla fans.
Scroll down to the long list of models on these pages, and compare Tesla's best resale price of around 74%, then look at the popular vehicles. You're down at number 86 on the list before you reach the resale value of a Model X, which is the lowest production Tesla that there is.
My guy, not everywhere has fast charging readily available. Take for instance, Kauai which as of my last visit when I almost rented a Tesla had 0 superchargers. I know plenty about EV's. You're not guaranteed to be staying at a place that has charging, and if you do, they could be all taken up, and then you have to waste your time scoping it out to see if it's open. Let's also add that they probably want you bringing back a full charge like they do a full tank for an ICE vehicle. A 5 minute stop for gas before getting on a plane is nbd. Waiting 30 mins for a supercharger (or more if they're all taken)(or even more for a slow charger) on the day you're going to go wait in security, wait for the plane to board, wait on the runway, and then get on a plane for 5 hours is not something I am willing to do. When I go on vacation, I'm not trying to add chores to my day. It's simply not practical for a rental car. Also, I like to rent cars for long trips. I have no desire to add 30 mins or more depending on how many stops I need to make to charge along the way. I want to spend the least amount of time in the car as possible. I work remote, and drive a hybrid. If I still was going to the office, I'd probably be in an EV by now. It was my plan 5 years ago, but I'm not driving every day, and it's wasteful to just get rid of a fully functioning car that I barely drive to begin with.
This article is more about how insane the EV market was during covid than anything else.
They're discussing how a Tesla ordered in 2022 has had its price cut by 30% in the last year. Most people here are probably aware of Tesla's massive discounts since their covid peak.
EV depreciation is also a weird topic on the whole. I bought an EV in the last year and received a 7500 tax credit. To make the numbers round let's say I bought a 50k ev. That's the price that gets reported. If I were to sell that car today I'd get around 45k for it. That's a 10% depreciation in the first year
However, with the tax credit I effectively paid 42,500. If I sold the car today I would make 2,500. The sales records don't include the tax credit in either of those transactions.
Tesla cutting their prices massively did hurt companies or people who paid pandemic prices. That said, arguing EVs should be more expensive is ridiculous. They should be as cheap and as plentiful as possible.