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There was also a significant increase in resale values during the Covid days. Things go up, things go down. We all wish to have a crystal ball.I wonder how common it is to have such huge swings in MSRP.
The article lacks hard figured, but the biggest issue seems to be high depreciation due to Hertz buying at the top of the market.
Repairs due to accidents should be covered by insurance which the rental companies are so eager to sell...
Since there is no maintenance compared to an ICE vehicule, except for tires,
why there was a need to sell the car while they were still running fine.
Depreciation is also part of the tax liability, usiness can deduct at least 20% a year on the value of the car.
Absolutly, no cost for the rental company, and even the insurrance would pay for the days when the car could not be rented. So only BS.
In terms of collision repair, Teslas basically only have a "dealership" repair option at Tesla service centers.
For every other OEM, fleet owners can negotiate with independent shops that have access to OEM and cheaper imitation parts.
Being reliant on Tesla to do repairs could make a noticeable cost difference for a fleet that owns tens of thousands of Teslas. Meanwhile, we're just not at the point where independent shops have learned to repair Teslas and have access to imitation parts. Independent shops just aren't an option like they are for ICE vehicles.
Probably has to do with the fact that there aren't enough out-of-warranty Teslas on the road to give independent shops the incentive to learn how to repair Teslas. When a Tesla is still under warranty, people may be hesitant to have work done by independent shops as it might void the warranty. Maybe in a few more years, we'll start seeing independent shops putting out their "Tesla repairs done here" signs.
That one is a salvage title
That one has a salvage title, so not really comparable.