Posted 1/15/2024, 12:18:04 AM
Flood of Affordable Used EVs Hits Market as Tesla and Hertz Slash Prices
- Tesla has cut prices and used Teslas from Hertz are entering the market, making EVs more affordable.
- Hertz is selling about 20,000 used EVs, including Model 3s starting at $20,000, due to high maintenance costs.
- Charging issues and low state of charge have been problems for Hertz's EV rental customers.
- Used Model 3s on Tesla's site start at $27,400 versus $30,999 on Hertz for a newer car.
- The 2024 Model 3 Highland is now available starting at $39,000, lowering old inventory prices to $35,000.