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Return to [[Sixt]] | Return to [[Sixt]] | [[Company News|Company news]] | ||
December 4, 2023: Sixt is currently phasing out Tesla Models in its fleet due to their declining resale values, according to a report by Focus Online. “We would like to inform you that we are currently not acquiring any more Tesla vehicles. In addition, we are currently reducing the number of Tesla vehicles in our rental car fleet,” Focus Online quoted an email sent by Sixt to its customers. According to Focus Online, Tesla models don’t have buy-back agreements that eliminate residual value risk. Also, fluctuating prices of Tesla Models make it hard to forecast residual value. Sixt doesn’t indicate the number of Tesla models it has but it’s reported to be well under 5,000 globally<ref>https://www.electrive.com/2023/12/01/sixt-says-goodbye-to-the-teslas-in-its-fleet/</ref>. | December 4, 2023: Sixt is currently phasing out Tesla Models in its fleet due to their declining resale values, according to a report by Focus Online. “We would like to inform you that we are currently not acquiring any more Tesla vehicles. In addition, we are currently reducing the number of Tesla vehicles in our rental car fleet,” Focus Online quoted an email sent by Sixt to its customers. According to Focus Online, Tesla models don’t have buy-back agreements that eliminate residual value risk. Also, fluctuating prices of Tesla Models make it hard to forecast residual value. Sixt doesn’t indicate the number of Tesla models it has but it’s reported to be well under 5,000 globally<ref>https://www.electrive.com/2023/12/01/sixt-says-goodbye-to-the-teslas-in-its-fleet/</ref>. | ||
== References == | == References == | ||