Hertz Offers Renters Discounts on Electric Vehicles

Hertz Offers Renters Discounts on Electric Vehicles
Hertz is providing discounts to customers currently renting electric vehicles, allowing them to purchase the cars instead of returning them. Reports indicate enticing offers, including a 2023 Chevy Bolt for $18,442 and a Tesla Model 3 for $17,913. Additionally, Hertz is extending a 12-month powertrain warranty and a buy-back option within a week. This initiative follows Hertz's previous decision to sell off a third of its EV fleet due to declining demand and rising repair costs, leading to significant vehicle depreciation in Q3 2024.