Re:Hertz's Bet on Teslas Went Horribly Sideways
by Retric on Thursday April 04, 2024 @09:05PM
(#39937675)
PS: In support of my point compare the relatively tiny space for rentals at airports with the vast number of people parking their cars, going through loading or unloading from public transport, cabs, or people picking them up / dropping them off.
In your model there should be what 1/2 the people at an airport taking a rental at their destination and the other half being at home. When instead it’s closer to 1/50th, which granted is still lots of people just far less.
> per 4 flights
> it might be one per 10 flights.
Both of those seem like massive overestimates to me. I’ve flown for business and pleasure and never rented a car after flying. My sister probably does 100 flights a year and rents a car once or twice when traveling with her husband. I know plenty of people who’ve completely given up on renting a car on vacation.
Uber or public transit is just far less of a hassle, and when visiting family why have a car? Run the numbers for 1.5 hour long Uber ride vs 4 day car rental and you might as well just relax.
Further most travelers aren’t going to rent for as long. Few business travelers are going to use a car for a full week but repairs or finding a new car takes a while.