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dragontamer

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SIXT ditches Tesla cars for BYD in its electrification push citing abysmal depreciation and repair costs (www.notebookcheck.net)

submitted 1 year ago by dragontamer to c/realtesla

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[–] buzz86us 2 points 1 year ago* (last edited 1 year ago)

I like BYD because they are conservative with tech.. Which translates into more serviceable cars. Overall better for fleet type operations.

[–] darganon 1 points 1 year ago (2 children)

Awww, did someone pay too much for vehicles when the market was absolutely insane and get bit? So sad.

[–] [email protected] 5 points 1 year ago (1 children)

I struggle to see how the price cuts would affect the current fleet tho. Presumably they budgeted the acquisition at this price and decided it would be profitable, not sure how a price change of new cars would affect that.

[–] PrettyLights 5 points 1 year ago

They likely factored in the old higher resale value of the cars when forecasting and determining profitability.

In the US most rental fleets replace their vehicles roughly every 2-4 years.