Hertz's Tesla Fire Sale Continues as Depreciation Costs Mount | Hacker News Reader

Hertz's Tesla Fire Sale Continues as Depreciation Costs Mount

insideevs.com

16 pointspeutetre34 comments

This page is ridden of ads, popups, and sensational writing. They may be facts but its written as clickbait filler to scroll past even more ads.

Clicking the back button redirects me to a never-seen-before and full-screen Ad page before returning to Hacker News.

I am never visiting insideevs.com again. If this is real news, a real news website shall report it.

Amazing what a difference uBlock origin has, I didn't notice at all.

They license the story everywhere. Only everywhere is also plagued by Spam

https://www.msn.com/en-ie/money/other/hertz-s-tesla-fire-sal...

Just get firefox with ublock origin

This is why I started using a DNS ad blocker. It's not that I hate ads, it's simply that I use more than one tab, and my Apple Silicon doesn't have enough RAM and processing power to keep rendering the ever-changing ads in all the tabs.

It is a little ironic that these EV sites have some of the most annoying ads, including all those video rolls on every page, wasting an immense amount of power.

Can you please provide more details about the DNS ad blocker? I don't know anything about it but it sounds intriguing.

see pihole, et al.

https://pi-hole.net/

People will mention PiHole and that's a neat solution if you want to maintain a server.

If you don't, https://adguard-dns.io/en/public-dns.html lets you point your DNS servers at AdGuard and let them block ads for you. No maintenance required.

One caveat: once in a while, like maybe once a year, my wife or I encounter a site that AdGuard blocks and we need to set our DNS back to "normal" for things to work. But you'll probably have the same issue with PiHole, which relies on lists of spammers or other undesirables.

PS: no relationship with AdGuard other than happily using their service.

Thanks. I will check this out

While blogspam sites are a symptom of web publishing's race to the bottom, "actual news" sites are pretty much indistinguishable when it comes to ads and popups.

I half-thought about one of these just to have something to rip around in.

Until a colleague in a Model Y hit a turkey and the very minor front end damage turned into a $9000 insurance claim.

I don't want to buy a $20k used Tesla and immediately run into a 4-5 figure repair as soon as one minor thing goes horribly wrong, even with insurance.

That's pretty much any new car today. Modern cars are pretty safe, but at the expense of damage to the car itself.

For a frontal collision with a larger object maybe this true but with a turkey? It seems the dammage is a bit excessive for that

It depends how fast the turkey was going when it hit you.

Not to mention what it was travelling in. SUVs are absolute tanks these days.

too many gas gobblers on the road these days

We had a minor 10 km/h collision in my wife’s SUV (non-Tesla). To me it looked like it would just be a minor bumper respray and realignment of some panels.

Unfortunately the parking sensors were damaged too, so it’s a few grand to repair.

My US friends share with me that car repair costs have followed inflation and not general population wage growth (unfortunately, mechanics other than independent mechanics likely aren't seeing a commensurate increase in invoice bottom lines). Unless you wrench it yourself, on some vehicle like an old 80-90's diesel pickup, 4 figures invoices are common now.

Switching to a 15 year old pickup that I could repair myself was the single best financial choice I made in the past 2 years.

How often do you need to repair your vehicle? I bought a new car at the end of 2022 and haven't had to bring it into the shop at all except to get some new tires, and I've put 30k miles on it so far.

That doesn't sound right. Maybe they got a very cheap insurance policy with ultra high deductibles for collision and UMP. That would be a $1500 job for me, at most.

Nah, not when it takes out one of the headlights and they've gotta swap in the brand new matrix headlights on both sides to replace them, plus the big unibody front bumper, plus misc sensors...

Apparently parts availability also forced unintentional upgrades.

Is this specifically because Teslas can only repaired by the dealer? They aren't rare cars and presumably there are many in junkyards that can be stripped for parts.

Not too many teslas in junkyards yet. And they don't have dealers.

Teslas can be repaired at many body shops. Mine has.

But that's the whole point of the deductible. Any costs beyond it are covered by the insurer. This is one reason why GEICO dropped Cybertruck coverage in some states.

When they announced that they will buy 100k despite being in a dire financial situation a few years ago, I knew that it would be an epic failure for them. Looks like to be confirmed.

But 2 other things shock me in this story: First that the cars are still valued at 20k despite being a little bit old and used for rental when you know that like expectancy of Tesla is not that long without costly repairs.

Second, even if I'm not an American tax payer, is that the gov will give back 4k if you buy one, supporting the effort of this company to recoup their loss despite them totally not deserving it.

Massive handouts to corporations that neither need nor deserve them is one of the few things our government can be relied on for.

At least this one is not direct. This one seems like an unfortunate consequence that it's hard to give out any subsidy without benefiting some large business.

The EV tax credit applies to all manufacturers, not just Tesla.

Herts did Tesla play to rally its own stock.

Some questions:

1. Can't Hertz's sue Tesla to get "cashback" or something? Mom and Pop can only stare helplessly, but surely a bigco can demand something?

2. Link from "We'll let you be the judge" gives a strong impression that ex-Hertz's _Teslas_ are problematic, but can "Tesla" be omitted and it's still the same? (Meaning, nothing to do with Tesla or EV, just "ex-Hertz's are bad").

This really blows for me, as EVs are all I rent when I travel. (We have two EVs at home.) I get it, though. Most travelers want gas cars; they are familiar and easier to refuel.

That said, I can definitely confirm that it is way harder to rent a Tesla (or any EV) on Hertz than before. Avis still has a good inventory of them, though.

When you rent a car to go to Glacier national park, an EV is going to work out better for you. We are still a bit behind on charging infrastructure out here in the west.

You're not wrong, but I'm talking about regular old business trips. That said, Rivian is closing that gap quickly with their Adventure Network charging platform.

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