Hertz Auctioning Off Thousands of Tesla Nationwide

Rental car company Hertz is auctioning off nearly 20,000 electric vehicles across the United States, according to reports circulating among auto dealers. The majority of the EVs up for auction, over 14,000 are Teslas.

Just last week, Hertz announced ambitious plans to electrify one-third of its global rental fleet with 20,000 EVs. Now, it seems those vehicles are already hitting dealer auctions.

According to Car Dealership Guy, Hertz’s nationwide auction list contains 19,909 cars for sale. Over 72% of those are Tesla, with the majority being Model 3.  

credit: @GuyDealership

If you are a retail consumer in the market for an electric vehicle, be sure to check out the used EVs available for sale and inquire about eligibility for the federal used EV tax credit of up to $4,000. This tax credit applies to previously-owned EVs purchased from qualified dealers, effectively lowering the upfront cost. When shopping for a used EV, pay close attention to the vehicle’s battery age and mileage, as these factors can impact driving range. The used EV tax credit makes pre-owned electric models even more affordable, but don’t leave money on the table by forgetting to ask the dealer about that potential $4,000 rebate. Taking advantage of available incentives brings quality used EVs within reach for more buyers.

Nonetheless, used EVs should begin flooding dealer lots over the coming months as Hertz liquidates assets. For buyers looking to go electric, it presents an opportunity to score discounted Teslas and other pre-owned electric cars across the country. But I highly recommend comparing with new Tesla as many models qualify for $7,500 ev tax credit at point of sale. 

More Articles for You

Caterham Production And Motor Sport Now Housed Under One Roof At New HQs

In early June, British sports car maker Caterham announced that it had just opened a new factory. Still located in …

New Lamborghini Urus SE Is Brand’s First PHEV In Malaysia

Starting at a hefty RM1,028,000 before taxes, the new Lamborghini Urus SE, has finally arrived in Malaysia. It’s the brand’s …

New Chery Tiggo 5X Debuts In Indonesia, Malaysia In The Pipeline

Chery has just debuted the new Tiggo 5X in Indonesia. And even though it’s the brand’s new entry-level model, the …

Now There’s Talk Of Autonomous Flying Cars

Yes, we’ve been hearing about flying cars for over a decade now, but they are in the news again. And …

Mercedes-Benz Malaysia Teases Its New GLB For Second Time

The Mercedes-Benz GLB has undergone a facelift, and it appears that the SUV will soon be unveiled since the company …

It’s Not Just Cars—Off-Roaders And ATVs To Go Electric Too 

The electric revolution is branching out. Not content to electrify just cars, manufacturers are now looking to introduce a range …