buying Rental car companies should focus on trucks, not Teslas
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Hertz has been in the news a lot lately. The companyduring the height of the coronavirus pandemic in May 2020, announced reorganization plans in March 2021 after two investment firms in the company, and then as its new CEO earlier this month. The news that's getting all the headlines now, though, is the company's purchase of 100,000 new from .
There'sthat ought to be and about that deal, but that's not what I want to talk about today. Instead, I'm wondering why we all seem content to do this vehicle buying versus vehicle renting thing completely backwards. By that I mean Americans are buying and SUVs at a greater clip than ever before, and while sales of plug-in vehicles are gaining momentum, they still represent only a small portion of the overall market.
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I'm well aware that I'm not breaking any new ground by suggesting people who don't need gas-guzzlingand SUVs shouldn't buy them. I understand the appeal of trucks and SUVS, and I even have an old 1993 parked in my own driveway. I also know that Americans are going to buy and drive whatever they want (and can afford) to buy and drive, which means this whole argument is going to fall on deaf ears. Still.
Wouldn't it make a lot more sense to drive the hyper-efficient car on a daily basis and rent the big fullsize truck or SUV for those few times you actually need its capabilities?
To be clear, it's already possible to rent a pickup truck or SUV. A truck can be rented by the hour from places like U-Haul, Penske or Home Depot. Trucks and SUVs are. What I'm suggesting is that an enterprising company could make a business case out of catering to EV owners, offering attractive rates and possibly even partnering up with manufacturers looking to offer an extra incentive to buyers who choose to go electric. Launch it with fanfare, sort of like what took place when Hertz announced its Tesla buying spree alongside starring .
Rental cars will stay expensive until automakers get more microchips
Rental cars will stay expensive until automakers get more microchips originally appeared on Autoblog on Wed, 15 Sep 2021 10:09:00 EDT. Please see our terms for use of feeds.
I'm all for companies like Hertz offering electric rental options and offering them to any customer that wants one, regardless of what kind of vehicle they have parked in their driveway at home. But what I'd like to see is a rental car agency put in a huge order for non-luxury fullsize pickup trucks and then offer them for reasonable rates to people who already own electric orvehicles. Having a well-publicized program to help would-be EV buyers transition from gasoline to electric may go a long way toward pushing hesitant shoppers over the edge, replacing their traditional truck purchase with an EV. And if that were the case, it'd be a much larger environmental victory than adding 100,000 Teslas to Hertz's fleet.
Even forgetting all about the idea of a company like Hertz focusing on truck rentals for EV owners, now might be a good time to point out that a specific marketing program isn't necessary. It's also worth pointing out that the fuel savings would be a boon for the wallet. A quick peek at theofficial website says a Mach-E will cost $1,826 less per year to charge and drive than a reasonably efficient . The same holds true of big SUVs and, to a lesser degree, V6-powered . That leaves quite a bit of money for a rental here and there while still realizing a hefty savings. And this savings chart doesn't factor in the purchase price (have you seen how much a decent four-door truck costs these days?), Or any potential tax incentives for EV buyers.
So there you go. It'll eventually be a moot point once reasonably pricedand SUVs are available in enough quantity to satisfy demand. But for now, park the efficient car with a plug in your driveway. Rent the big truck or SUV when you need it. It makes a lot more sense than doing it the other way around.
originally appeared on on Wed, 27 Oct 2021 14:11:00 EDT. Please see our terms for use of feeds.
Uber will rent Teslas to its drivers through new Hertz partnership .
Hertz is buying 100,000 new Tesla EVs, and a chunk of them will be made available to Uber drivers, the companies announced.Uber providing avenues for drivers who don't own a qualifying vehicle for the ride-sharing service isn't new. The company started its rental options back in 2016. However, it touted this Hertz partnership with thousands of Teslas as a major step forward and a way to reduce carbon emissions in cities in which Uber operates. The company also said it's a good deal for its drivers, too. As part of Uber's Green Future Program, it will pay drivers $1 more per trip if they switch from a gas-powered vehicle to a zero-emissions one.