December 30, 2024 – Hertz’s recent decision to sell its electric vehicle (EV) fleet, including Tesla models, at discounted prices has sparked a surge in consumer interest.
According to Data Insider analysis of Google Trends, searches for “buy Tesla from Hertz” increased by 1,450% starting December 23, 2024, and peaked on December 27, 2024, reaching the highest possible interest score of 100.
Key Insights
- Search Trends: A 1,450% increase in Google searches for “buy Tesla from Hertz” was observed within five days.
- Consumer Interest: The trend reached an interest score of 100, reflecting intense public engagement.
Hertz is addressing challenges such as high maintenance costs, repair delays, and depreciation by selling its used EVs, including Tesla Model 3s, at competitive prices. Some models are being offered for under $20,000, significantly below typical market rates.
This move provides renters the unique opportunity to purchase vehicles they have driven, combining rental and sales channels.
What This Means for Buyers
Hertz’s discounted sales offer an attractive opportunity for consumers to purchase well-maintained Teslas and other EVs at affordable prices. However, potential buyers should carefully evaluate vehicle conditions, especially for high-mileage models.
This development highlights the growing demand for EVs and the innovative strategies businesses are adopting to navigate market challenges.