Rental company Hertz Global Holdings Inc (NASDAQ:HTZ) has put its fleet of Tesla Inc‘s (NASDAQ:TSLA) Model 3 vehicles on sale for prices starting at $14,000.
What Happened: Hertz is selling some of its Tesla Model 3 vehicles at appealing prices. After making a significant acquisition of 100,000 Model 3 vehicles in 2021, the company has been steadily expanding its Tesla fleet, recently integrating Model Y vehicles into its inventory, according to a report by Electrek on Wednesday.
The used vehicles are being sold directly on Hertz’s website. Several of the Model 3s are listed for as low as $17,700. With the U.S. tax credit of $4,000 for used EVs, some of these vehicles could be purchased for as little as $14,000. Potential buyers are encouraged to consult their local Hertz representative for tax credit eligibility.
Due to high mileage and wear from rental usage, these vehicles are priced low. Although the lowest-priced cars have already been ...