Sixt dumps Tesla

They don't work as rentals anyway. Cost of operating goes out the window the second home charging isn't used.

Again - subsidized charging can change that dramatically. I don't know if I'd really want to park at some locations that provide subsidized charging just to save on that. If I'm renting a Tesla and there's a Tesla Destination Charger at a hotel I'm staying at, that clearly changes the cost vs convenience dynamic.

I was thinking that Hilton's buildout with Tesla's Universal Wall Connectors is going to make things easier.
 
Again - subsidized charging can change that dramatically. I don't know if I'd really want to park at some locations that provide subsidized charging just to save on that. If I'm renting a Tesla and there's a Tesla Destination Charger at a hotel I'm staying at, that clearly changes the cost vs convenience dynamic.

I was thinking that Hilton's buildout with Tesla's Universal Wall Connectors is going to make things easier.
For sure if that's the use, that's a huge benefit. It doesn't exactly make a positive for the rental company though and they won't see the benefit the renter does on charging. If I'm using my personal car that's where I'm going when planning my route though.
 
For sure if that's the use, that's a huge benefit. It doesn't exactly make a positive for the rental company though and they won't see the benefit the renter does on charging. If I'm using my personal car that's where I'm going when planning my route though.

I could see a rental car agency going into a marketing agreement with a hotel chain about their EV infrastructure. But really the weakness in the rental car EV ecosystem is charging on the lot.
 
For sure, which is why ICE might be the higher percentage of the sale. IMO the rental company would be smart learning from the mistake Hertz made. In all honesty I could care less what they do in Europe.
Different areas have different requirements. If you have shorter commutes driving an ICE pisses away money. I could never match my EV with my 35mpg car with current usage, but I love my stupid high powered tuned turbo car so it stays.
 
Rental car companies dont need to think about mpg requirements, so i dont know why they need to dable in hev or phevs. EVs are hertz mustangs or special edition.

Pack in the lots with a variety of ices from a relatively dependable brand and keep loaning them out.
 
Rental car companies dont need to think about mpg requirements, so i dont know why they need to dable in hev or phevs. EVs are hertz mustangs or special edition.

Pack in the lots with a variety of ices from a relatively dependable brand and keep loaning them out.
100%. These are things that only end buyers will see the benefit of. Cost of repair is really the only benefit a rental company will see and it won't come from Teslas.
 
100%. These are things that only end buyers will see the benefit of. Cost of repair is really the only benefit a rental company will see and it won't come from Teslas.
They can benefit from buying all the unwanted camrys, corollas, rav4s, and corolla crosses. Dealers only want hybrids or phevs.

cheap to run, cheap to maintain, and almost guaranteed depreciation curves.
 
Different areas have different requirements. If you have shorter commutes driving an ICE pisses away money. I could never match my EV with my 35mpg car with current usage, but I love my stupid high powered tuned turbo car so it stays.
I was referring to the rental car company purchase. I'm thinking the bulk of the EV purchase will go to Europe, and most of the ICE to North America. They had to learn something from the Hertz mistake.
 
Having a decent charging network is absolutely critical. I would not want to rent a non Tesla EV since using public charging is an absolute pain in the butt. Every different company insists on you having to install their crappy app and create an account just to use the thing.
 
I think the real issue with Tesla is:

-manufacturer support (from labor to parts, Tesla is absurd)
-renting and EV makes no financial sense
 
They're still going heavily into EVs. They got burned by the resale value of Teslas after the price drops. Here's a different article.

After dropping Tesla, global rental car giant SIXT says it will buy up to 250,000 vehicles from Stellantis for its fleets in North America and Europe.​
The multi-billion euro deal will see Stellantis delivering EVs, PHEVs (and gas cars, smh) to SIXT starting this quarter, and it will carry on over the next three years.​
However, SIXT says it still plans to electrify as much as 90% of its vehicles in Europe by the end of the decade.
It seems these socialist leaning Euro countries are not giving people the option. They have mandated these vehicles if people like it or not. Hopefully after a few elections things will change.
 
They're still going heavily into EVs. They got burned by the resale value of Teslas after the price drops. Here's a different article.

After dropping Tesla, global rental car giant SIXT says it will buy up to 250,000 vehicles from Stellantis for its fleets in North America and Europe.​
The multi-billion euro deal will see Stellantis delivering EVs, PHEVs (and gas cars, smh) to SIXT starting this quarter, and it will carry on over the next three years.​
However, SIXT says it still plans to electrify as much as 90% of its vehicles in Europe by the end of the decade.​
I'm sure there are incentives behind this.
 
I still don't see the business case for EVs as rentals. Maybe Hertz and the rest wanted to take advantage of the Tesla fervor? Maybe the lack of maintenance? Who the heck knows.
I was offered a Model 3 for the same price as a cheapie rental and I declined. I rent cars for a short time; I have no desire or time to charge it and the fee was like $35 to bring it back undercharged.
I think I have mentioned before my neighbor calling me from San Diego asking me how the Key Card worked; they couldn't even get in the car. And they are on their 4th EV lease...

Of course I may be missing something, but I would love to see the project plan and expected ROI. Teslas would be the worst, as there is no volume discount. Hertz, Sixt and the rest pay the same for the cars as I do.
Did they understand that these cars are really quick and could get unsuspecting drivers into trouble?
The only people I know who liked renting a Tesla did so as a precursor to buying one, not as your typical rental.

I went in knowing there were risks involved for being an early adopter. Did they? Who is running the place?
I'd imagine keeping the vehicles charged was the biggest issue. The current business model requires the consumer to return the vehicle with the same amount of fuel. This takes just a couple of minutes. With companies turning cars faster than ever I can see how customers would end up with an EV that had little charge. Perhaps Hertz and others underestimated the amount of onsite charging capacity they would need?
 
It seems these socialist leaning Euro countries are not giving people the option. They have mandated these vehicles if people like it or not. Hopefully after a few elections things will change.
They already dropped Euro7. But in general, I wouldn’t like Europe going too far in opposite direction, considering history and tendencies of current European political elite in that direction.
But, they might get it unless they get their act together.
 
They're still going heavily into EVs. They got burned by the resale value of Teslas after the price drops. Here's a different article.

After dropping Tesla, global rental car giant SIXT says it will buy up to 250,000 vehicles from Stellantis for its fleets in North America and Europe.​
The multi-billion euro deal will see Stellantis delivering EVs, PHEVs (and gas cars, smh) to SIXT starting this quarter, and it will carry on over the next three years.​
However, SIXT says it still plans to electrify as much as 90% of its vehicles in Europe by the end of the decade.​
I believe the move is to decrease their EV fleet, that is clear, at least here in the USA or maybe better said moderate the purchase of them a little bit. They say many people do not want them to rent.

Severing ties with Tesla may have more reasons than just that.
I think the statement that they still intend to have 90% EV fleet in the EU is only because I believe the EU has set a time limit to stop the sales of ICE in that time frame?

We all know it's a big fail right now, just reading all the informative links provided here. The EU seems, as far as how I read it, in a panic because the people do not want to buy and pay these prices for EVs and the EU right now is looking to create more incentives, such as requiring Charging Station to charge the same price at what people there pay at home?

SO looking now like the EU will have to subsidize EVs as well. They just can not stand on their own, people dont want them at these prices. I am amazed what a fail this is, really, truthfully the rejection seems to be coming much faster then I thought possible.
I think the coming sales year here in the USA will be interesting after the EV freeze out up north in our country and the E/U buyers now bucking the trend. I do think the EU will make it happen, possibly, they are MUCH smaller countries.
 
It seems these socialist leaning Euro countries are not giving people the option. They have mandated these vehicles if people like it or not. Hopefully after a few elections things will change.
Yes, reading these links, to me, seems like the elected officials are in a bit of a panic right now with the "options" they are discussing.
Bottom line, without government support EVs will not have the penetration level that they thought.
 
They can benefit from buying all the unwanted camrys, corollas, rav4s, and corolla crosses. Dealers only want hybrids or phevs.

cheap to run, cheap to maintain, and almost guaranteed depreciation curves.
There's been whole vehicle models kept alive at times just for rental fleets. Does anyone remember the Malibu classic from around 15 years ago? They made the old body style for an additional year next to the new one and all or nearly all of them went to rental car companies. They did the same with the Impala for a year too. They kept showing up with mismatched color interior panels because no one cared and the rental car company wasn't going to complain. I thought it was funny, but glad we were still getting them. That body style of Impala was the easiest car I've ever taken the interior apart in which made our jobs easy.
 
The residual value thing is their own fault not doing due diligence on how they purchase the cars. They should have some lease agreement or price protection to protect themselves when they buy but they play roulette and lost.

The same could happen with another gas car that's fashionable and high cost, then fall out of fashion or manufacture dropped price massively.
 
The residual value thing is their own fault not doing due diligence on how they purchase the cars. They should have some lease agreement or price protection to protect themselves when they buy but they play roulette and lost.
Not Russian roulette, well, maybe, anything dealing with a new technology is a chance.
could happen with another gas car
"could" but didnt, it happened with the Electric Vehicles

Not making excuses for Hertz, some high up dreamer convinced the company to place a stake is replacing 10% of their fleet with EVs.
Knocking that down by about one third, writing off the losses, will benefit them 245 million over two years going back to ICE for that one third.

I agree with @JeffKeryk renting an EV does not make sense except where mandatory or in the small EU countries.
Wife and I sat in a Bolt yesterday as posted in the Bolt thread, every time I come in here it makes me want to buy it for a fun second car.
Checking my electric panel now, to see if room for a 40 amp breaker. Not that we are buying it.
 
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Not Russian roulette, well, maybe, anything dealing with a new technology is a chance.

"could" but didnt, it happened with the Electric Vehicles

Not making excuses for Hertz, some high up dreamer convinced the company to place a stake is replacing 10% of their fleet with EVs.
Knocking that down by about one third, writing off the losses, will benefit them 245 million over two years going back to ICE for that one third.

I agree with @JeffKeryk renting an EV does not make sense except where mandatory or in the small EU countries.
Wife and I sat in a Bolt yesterday as posted in the Bolt thread, every time I come in here it makes me want to buy it for a fun second car.
Checking my electric panel now, to see if room for a 40 amp breaker. Not that we are buying it.
Use a 50A breaker and #6 wire. You don't wanna do this twice. Use the best NEMA 14-50 receptacle you can, not the Home Depot cheapie. Or just get a Tesla and Tesla Wall Charger. Ha!
 
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