Hertz Desperate to Offload Tesla Inventory, Offers Deep Discounts

Rental car giant Hertz is aggressively selling off its Tesla Model 3 inventory at drastically reduced prices. A Hertz customer posted on Reddit a screenshot showing a 2023 Model 3 with 30,000 miles for just $17,913 – significantly below market value. While buying used rental cars carries risks, the low price and remaining battery warranty are tempting many. Hertz's move is likely a response to high depreciation on its large Tesla fleet and a push to clear inventory before year-end.