Talk of The Villages Florida - Hetz having issues with their EVs

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)

- Investment Talk (https://www.talkofthevillages.com/forums/investment-talk-158/)

- - Hetz having issues with their EVs (https://www.talkofthevillages.com/forums/investment-talk-158/hetz-having-issues-their-evs-344995/)

Quote:

Originally Posted by Caymus (Post 2268604)

Have you lived in many low income areas?

Wife and I live in a rural area, and it's definitely far from low income.
Our car is 14 years old, and compared to some of the stuff the 'Gentry' roar about in, it's a young whippersnapper!
Our reason for keeping an older car is:
A. We like it.
B. We're skint! :shrug:

Quote:

Originally Posted by Bill14564 (Post 2268653)

Question was not potential trade-in value. Question was lifespan. 10+ year warranty guarantees lifespan to be 10+ years.

Is the warranty the same for a vehicle bought for rental as a vehicle bought for personnel use?, what I have seen of rental cars demonstrates the fact that a lot of people don't treat a rental as their own

I rented a vehicle from Hertz last month. It is amazing how much cheaper it is to rent a EV vehicle compared to a gas. I passed on the EV as I was renting for a month and did not want the looking for charge issue.

Quote:

Originally Posted by mrf0151 (Post 2268704)

When I rented a Tesla Model 3 from Hertz earlier this year, the rental cost was almost one-third less compared to a comparable gasoline car.

Quote:

Originally Posted by spinner1001 (Post 2268751)

When I rented a Tesla Model 3 from Hertz earlier this year, the rental cost was almost one-third less compared to a comparable gasoline car.

Did yours include any of the fees this article mentions?

Your browser is not supported | usatoday.com

Quote:

Originally Posted by Caymus (Post 2268760)

Did yours include any of the fees this article mentions?

Your browser is not supported | usatoday.com

Refueling charges are not unique to EVs and neither is an above-market price for the "fuel" when purchased from the rental company. This "fee" is just the EV version of a common rental cost.

Quote:

Originally Posted by Bill14564 (Post 2268638)

Is there any indication that the number of EVs sold is slumping? Data that turned up in my search (EV sales by year: here, here, and here) shows an increase from 2021 to 2022 and into 2023. July sales were a little less than June but is that a saturation in the market or the impact of rising interest rates? Regardless of the nitwit in Washington, the data seem to show that people want electric cars.

Yes there is information that EV sales are slowing. Both GM and Ford announced within the last week major delays in their development and expansion of their EV lines. According to their press releases they are seeing a softening of demand for all EV models. GM reduced their projected sales of EV's for next year from 1,000,000 to something like 600,000. This year I believe they are projecting to sell app 70,000.

Quote:

Originally Posted by BrianL99 (Post 2268629)

A lot of people seem to be missing a significant issue with EV's.

Just about everyone who wants one, has one. The market is over-saturated and market demand just isn't there.

The manufacturers wouldn't be making them, if they weren't forced to, in order to meet unrealistic CAFE requirements. Right now, manufacturers are trying to force them on the market. On paper, I'm sure the requirements made sense to some nit wit in Washington, but in the real world, people just don't want electric cars.

The content of the above post is verified by the businessinsider article titled “Auto Execs ARE Coming Clean, EVs Aren’t Working”. The article sites multiple automaker CEO’s comments during earnings releases, including GM, Honda, Toyota, Mercedes Benz, Ford, and Tesla. Companies are abandoning their EV targets as inventory builds at dealers and significant markdowns and incentives aren’t attracting buyers. Dealers are reporting EV’s are taking much longer to sell compared to their gas counterparts as the next wave of buyers focus on cost, infrastructure challenges, and lifestyle barriers to adapting. Ford dealers have started turning away EV allocations, Toyota’s CEO stated “people are finally seeing reality”, and Mercedes Benz’s chairman said “this is a pretty brutal space”.

Quote:

Originally Posted by Caymus (Post 2268760)

Did yours include any of the fees this article mentions?

Your browser is not supported | usatoday.com

No, I did not pay any of those fees.

For a week, I paid about $20 one time at a Tesla Supercharger and the other recharges were free (to me) at friends and family plus one public free charger. The frequent charging while traveling was a PIA to me. My rental Model 3 did not have the long-range battery and I was recharging almost every day for a week.