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Hertz to Offer Insured Tesla’s for $299/Week to Uber Drivers
- noodlesUK 5y agoIt’s been a while since I rented a car, but this is a pretty good deal compared to typical tourist car rentals, right?
- noodlesUK 5y agoYes, I just checked this is approx 1/10th the cost of renting the same vehicle for a week at my local airport… That is definitely a big difference. I’d be much happier to rent a car at that price.
- semireg 5y agoLooks to me like an existing company afraid of disruption (by a future driverless taxi fleet) doing “things that don’t scale” in a way that for them, scales quite nicely. Good for Hertz on the long pivot.
- csense 5y agoIf you're thinking about doing this, you should be aware that Hertz is facing multiple lawsuits for falsely accusing customers of auto theft [1]. After finding out about this, I'm personally never going to do business with Hertz ever again. The risks aren't worth it. [1] https://www.inc.com/minda-zetlin/hertz-customers-stolen-cars-false-accusations-francis-malofiy-lawsuits-bankruptcy.html https://www.inc.com/minda-zetlin/hertz-customers-stolen-cars...
- smabie 5y agoA couple people (assuming they are telling the truth) out of the hundreds of thousands of people who have presumably rented from hertz over the year or whatever makes the risk too high? Seems like the risk is in fact quite low. Like come on from a practical/risk perspective this should be the last thing on anyone's minds when renting a vehicle from hertz.
- sjtindell 5y agoAs many or more than 165 people dating back to 2008. It’s fully believable they do this because they won’t update their systems and just dump investigations on the police. They bailed on their debts using bankruptcy and are still alive…abhorrent all around.
- wcoenen 5y ago> They bailed on their debts using bankruptcy and are still alive… abhorrent all around. Hertz filed for Chapter 11 bankruptcy, which means they negotiated to restructure their debts and they continued operations. Creditors got to vote on the proposed plan and approved. So yes, they are still alive, as intended by everyone involved. Are you saying that chapter 11 bankruptcy is immoral and businesses should always file for Chapter 7? What if the affected creditors and employees get a better outcome with a chapter 11?
- sjtindell 5y agoSure, that’s a good point.
- olliej 5y agoHow long would you need to work to break even? (I don't know what the "average" take home/hour an uber driver gets in practice)
- mythrwy 5y agoIt's a lease. However long it takes to clear $299 a week?
- olliej 5y agoThat's literally what I just asked
- smabie 5y agoPretty easy to look up: apparently uber drivers earn a little less than $15/hr after tips so that comes out to ~20hrs. Seems pretty pricy for an uber driver, but could make sense if they're not driving as a full-time job and instead are on some weeks and off others.
- bsilvereagle 5y agoPre-COVID both Uber and Lyft would offer bonuses for driving ~40 hours a week that were frequently sized to just cover the cost of the lease. This is not a new model for rideshare drivers. https://www.uber.com/us/en/drive/vehicle-solutions/ https://www.uber.com/us/en/drive/vehicle-solutions/ https://www.lyft.com/expressdrive/flexdrive https://www.lyft.com/expressdrive/flexdrive
- RantyDave 5y agoHow much gas does an uber driver use in a week?
- King-Aaron 5y agoProbably not much if they're driving a Tesla
- Kon-Peki 5y agoWhy would they do this? Isn't there a shortage of airport rental cars? Why rent them for $299 a week to someone who is going to put on a ton of miles when they can rent them for $1000 a week to someone who is going to leave it in a hotel parking lot for 4 days?
- deleted 5y ago[deleted]
- TeslaFunBoy 5y agoThe Uber site covering this offering refers interested parties to the Hertz site. The Hertz site is offline. https://www.hertz.com/rentacar/misc/index.jsp?targetPage=uber_landing_page.jsp&LinkType=HZLK https://www.hertz.com/rentacar/misc/index.jsp?targetPage=ube...