article thumbnail

Hertz Is Off-Loading An Extra 10,000 EVs Due To Massive Depreciation

Carscoops

In 2021, the car rental giant emerged from a brief bankruptcy and reached a deal with Tesla to purchase 100,000 vehicles for its fleet. “Fleet and direct operating costs weighed on this quarter’s performance,” Hertz chief executive Gil West said.

article thumbnail

Navigating Zero Down Car Leases

Your Car Buying Advocate

He loves to teach consumers the ins and outs of making great car deals. This guide helps explain zero down lease deals. It covers the different types of these deals and provides information on what to consider when entering into them. If the actual market value is higher than the residual value, it might be a good deal.

article thumbnail

Protect your valuable inventory

Canadian Auto Dealer

The insurance companies deal with this from a lot control perspective. One pricing option will allow for zero upfront capital costs with a 40% sell through requirement.” Psotka said it was important for CADA to offer a product that would get the blessing of garage insurance providers.