An unexpected shift in the electric vehicle market has created a golden opportunity for buyers looking to go electric without breaking the bank. Hertz, the well-known car rental giant, is offloading a substantial number of EVs at unbeatable prices, making it one of the hottest spots for snagging a used electric vehicle. From Chevrolet’s Bolt EV to Tesla’s Model 3, the deals are stacking up fast—and so is buyer interest.

Massive Price Cuts on Chevrolet’s EV Lineup

For those who have been eyeing the Chevrolet Silverado EV, the price tags have never looked better. With an estimated EPA range of 393 miles, this electric truck is a powerhouse on the road. Typically priced between $60,000 and $75,000 when new, Hertz is offering some of these for $20,000 less than their standard market rate. Some models, barely driven with just 808 miles, are up for grabs, making them an irresistible steal for truck enthusiasts and business owners alike.

But if a full-size electric truck isn’t your speed, the Chevrolet Bolt EV might be the perfect alternative. A practical yet economical choice, the Bolt EV is popping up in Hertz’s inventory with prices dipping as low as $16,000. Even better, some of these cars qualify for a used-EV tax credit, making the deal even sweeter for cost-conscious buyers.

For those who prefer something with a bit more space and style, the Chevrolet Bolt EUV provides the same efficiency but in a slightly larger and more stylish package. Prices for this model hover around $20,000, a tempting offer for those who want practicality with a bit more flair.

High-Performance Deals: Ford Mustang Mach-E GT

For buyers who crave speed and performance, the Ford Mustang Mach-E GT is the ultimate electric muscle car. Boasting an impressive 480 horsepower, this sleek EV delivers a thrilling driving experience without the astronomical price tag. Hertz is offering these high-performance models in the mid-$30,000 range—a significant discount for a vehicle that combines both power and sustainability.

Unlike traditional gas-powered Mustangs, the Mach-E GT delivers instant torque, seamless acceleration, and an extended range, making it not only a fun ride but also a practical one. With Hertz’s markdowns, what was once a luxury performance EV is now within reach for a broader group of enthusiasts.

Tesla Model 3 for the Budget-Conscious Buyer

The Tesla Model 3 is often regarded as the gold standard for electric sedans, blending efficiency, cutting-edge technology, and affordability. Hertz has an assortment of these sought-after vehicles, with some priced as low as $15,000.

This is a striking price drop considering Tesla’s own direct sales prices for used models. Buyers looking for an entry into Tesla’s ecosystem—complete with Supercharger access and over-the-air software updates—now have an affordable way to do so.

What’s the Catch?

While Hertz’s discounts are substantial, it’s important for buyers to keep a few things in mind:

  • Mileage and Condition: These are used rental vehicles, meaning they’ve been through multiple drivers. Some may have more wear and tear than a typical used car.
  • Limited Inventory: Hertz’s EV stock is moving quickly, and prices may fluctuate based on availability and demand.
  • Financing Options: Buyers should check interest rates and financing options before making a purchase, as securing an auto loan for a used EV can differ from financing a new vehicle.

Still, for those willing to act quickly, Hertz’s EV liquidation presents an opportunity that is hard to match elsewhere. As the demand for electric cars grows and new models flood the market, these used EV deals may not last long.

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