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by m463 882 days ago
> that doesn't sound like that great of a deal

That seems to reflect my experience with used rental cars in general.

Remember - this is THEIR TRUE BUSINESS.

Rental car companies traditionally get huge discounts from the manufacturers to buy their cars in volume, and in return the contract says they will not sell them early and/or with little mileage. This would compete with dealers, and degrade the market for new cars.

(I believe not tesla, it seems they didn't get a discount from them for the huge volume purchase?)

So they have to continue renting them out before they can "cash in" and sell the cars to folks who feel comfortable driving a middle-of-the-road car for a little less than a new car but with a warranty.

Not that great a car, not that great a deal, not that much hassle.

What I find interesting is that tesla kept the ev rental market from bottoming out. Early EV's usually had terrible resale values. I remember you could get a nissan leaf for 1/4 of retail after the 3-year lease was up. Tesla managed to keep the early used tesla price high by selling them themselves after the lease was up.