On Monday, October 25, 2021 at 5:27:31 PM UTC-4, Scott Lurndal wrote:
> Bob F <
bobn...@gmail.com> writes:
> >On 10/25/2021 12:12 PM, Dean Hoffman wrote:
> >> On Monday, October 25, 2021 at 1:45:56 PM UTC-5,
gfre...@aol.com wrote:
> >>> On Mon, 25 Oct 2021 08:37:46 -0700 (PDT), Dean Hoffman
> >>> <
dean...@gmail.com> wrote:
> >>>
> >>>> <
https://electrek.co/2021/10/25/hertz-orders-100000-teslas-the-single-largest-ev-purchase-ever/#disqus_thread>
> >>>>
> >>>>
> >>>
> >>> Wonder what the deals will be like in a year or two when Hertz rolls
> >>> over the fleet?
> >>
> >> The article didn't say anything about roll over. Won't Hertz be able to hang onto the Teslas
> >> longer than a ICE vehicle?
> >>
> >
> >Why would they change their business methods for electric vehicles?
> Because electric vehicles don't require oil changes, smog tests,
> belt changes, plug changes, timing belt changes, radiator fluid
> changes, or any of a myriad of other automobile maintenance activities.
>
I thought we were talking about Hertz, not Rent-a-Wreck. With the exception
of oil changes, I doubt the fleet cars get to the mileage where any of
those items need to be serviced. Smog tests? IDK about all states,
but here in NJ which is pretty blue and run by hippies, there are no emissions
tests for new cars for the first five years.
> That changes the value proposition considerably as well as the
> depreciation period.
Except that it's not true. Fleets typically sell cars when the reach
60 to 70K miles. When you buy a new car for the first 70K
miles over a few years the only maintenance is oil changes,
brakes, tires, air filters. And even electric cars must have a cabin
air filter, so the car has to go in for that. At that point, what's the
incremental cost of changing the air filter for the engine too?
Not much. Oh, and you forgot the big thing that changes the
value proposition, the free money that the US govt borrows and
puts up to make the cars cost less.
> >
> >There is certainly no reason to think that electric will last any
> >longer, or that gasoline cars are near their life's end after a year or 2.
> There are hundreds of reasons that an electric may last longer, mainly
> enumerated in vast reduction of parts related to an internal combustion
> engine.
They don't have the engine to worry about, but they do have another
big problem, the expensive batteries wear out.