Out of nature hertz are wholesale their car during summer something is wrong
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Another CEO trying to run a car rental business like an airline
Hertz not largest dealer they are smaller than enterprise but not good at it chasing pennies not big dollars and teslers go for super cheap because got them like way too many they go quick even president say he selling his I just clean the cars but just saying not the biggest and why if tesler so good they all go for sale it’s crazy
Hertz is no longer in the rental car business they are now the largest used car dealer. They make much more money selling cars than renting. They can't afford to pay the depreciation and interest on the loans so they have to sell the cars at peak value during the summer
Hertz had been selling back many vehicles with low mileage to get as much money as they can.