Tesla's big vehicle price fluctuations and repair wait times are putting rental car companies at a loss both in the figurative and literal sense. Tesla has cut prices by 30% this year and those rental companies which bought at the peak are suffering.
  • buzz86us@lemmy.worldEnglish
    2·
    7 months ago

    I like BYD because they are conservative with tech… Which translates into more serviceable cars. Overall better for fleet type operations.

  • darganon@lemmy.worldEnglish
    43·
    7 months ago

    Awww, did someone pay too much for vehicles when the market was absolutely insane and get bit? So sad.

    • jonne@infosec.pubEnglish
      5·
      7 months ago

      I struggle to see how the price cuts would affect the current fleet tho. Presumably they budgeted the acquisition at this price and decided it would be profitable, not sure how a price change of new cars would affect that.

      • PrettyLights@lemmy.worldEnglish
        5·
        7 months ago

        They likely factored in the old higher resale value of the cars when forecasting and determining profitability.

        In the US most rental fleets replace their vehicles roughly every 2-4 years.