Car rental company, Hertz, has reportedly been contacting people who are renting one of their electric vehicles (EVs) to offer them the option to buy the car instead of returning it, according to media outlet, The Verge. One renter was reportedly offered a 2023 Chevy Bolt for $18,442; and another was offered a 2023 Tesla Model 3 with only 30,000 miles on it for $17,913. Hertz is reportedly offering a limited 12-month / 12,000-mile powertrain warranty, and a buy-back offer within seven days.
Last year, Hertz announced it would sell off a third of its EV fleet, citing lower demand and higher-than-expected repair costs. The company has a history of selling cars that it plans to offload – including gas-powered ones – but, according to Yahoo Finance, the EV deals are particularly notable for their significant discounts.
Source: Yahoo Finance
