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Re: Own a beater & just rent cars for travel?
04-15-2007, 06:51 AM
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#41
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Dryer sheet aficionado
Join Date: Oct 2006
Posts: 42
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Re: Own a beater & just rent cars for travel?
We do it all the time. We can rent from Enterprise for $20/day on weekends and the rental car gets better gas mileage then the car we would have used. For example, on a 800 mile round trip we will save $20 in gas by renting and spend $60 for the rental therefore netting out to costing only $40 to rent instead of drive out own car. If you figure 30cent/mile to drive our own car (excluding gas which I already accounted for) then it really makes sense.
Quote:
Originally Posted by Cb
Last month I made a ~2500 road trip to Austin in our 2000 Camry to get a head start on spring and meet up with some guitar buddies.
While driving with the windows down & Joe Ely Live at Libery Lunch in the CD player I did what any of you would do...mental arithmetic on the economics of using up ~2.5% of the miles we'll get out of a car we bought for $8500 and will dump for ~$500 after putting ~100K on it...
It seemed to me like I might be able to rent a new car with no mileage limit for less than the ~$200 I 'used up' on my trip.
Well, Friday I torqued my knee and wasn't able to replace the front brake pads on the Camry, so my wife rented a car for a ~1000 mile trip yesterday. $170 for the week...
Do any of you folks rent cars for long driving trips?
Cb
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Re: Own a beater & just rent cars for travel?
04-15-2007, 07:35 AM
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#42
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 8,863
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Re: Own a beater & just rent cars for travel?
Quote:
Originally Posted by Gearhead Jim
Set of tires from Tire Rack (discount store), mounted & balanced locally, cost $1,600. Tire life is about 20,000 miles or a little less, hence the 8 cents per mile.  But they stick like Velcro.
Corvette with optional handling package, runflat tires.
As mentioned, it's all part of the "travel experience", although sometimes the scenery is a blur. 
We do have to make some other financial adjustments to cover this extravagance. This is probably one of those expenses that will decline drastically when we grow up, oops, I mean get older.
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Lord have mercy! $1,600 for a set of tires. A buddy of mine just bought a Corvette, I will have to tell him what to look forward to on a replacement set.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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Re: Own a beater & just rent cars for travel?
04-16-2007, 06:53 AM
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#43
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Thinks s/he gets paid by the post
Join Date: Mar 2006
Location: Houston
Posts: 2,155
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Re: Own a beater & just rent cars for travel?
Quote:
Originally Posted by Gearhead Jim
Set of tires from Tire Rack (discount store), mounted & balanced locally, cost $1,600. Tire life is about 20,000 miles or a little less, hence the 8 cents per mile.  But they stick like Velcro.
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I tried extreme performance tires once in 97. $800 for 4 tires. They lasted less than 20Kmiles. I tried really hard to feel the difference between these and the regular ones ($480/set, 40Kmiles), but could not find anything tangible.
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Re: Own a beater & just rent cars for travel?
04-16-2007, 08:02 AM
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#44
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 12,326
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Re: Own a beater & just rent cars for travel?
We've taken several vacations in rental cars. Our fleet, at that time, consisted of older, high milage cars and I was able to find great rental deals by picking up the rental at the nearby airport. It made sense.
Haven't been doing it lately since we have a good vehicle for traveling and many of our trips tend to be more spontaneous since RE. It's hard and/or inconvenient to find those great rental deals when you, at the last minute, decide to leave a day earlier or extend your one week trip by a couple days because you're having a good time and aren't ready to come home yet.
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
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Re: Own a beater & just rent cars for travel?
04-16-2007, 08:27 AM
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#45
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Re: Own a beater & just rent cars for travel?
Quote:
Originally Posted by youbet
We've taken several vacations in rental cars. Our fleet, at that time, consisted of older, high milage cars and I was able to find great rental deals by picking up the rental at the nearby airport. It made sense.
Haven't been doing it lately since we have a good vehicle for traveling and many of our trips tend to be more spontaneous since RE. It's hard and/or inconvenient to find those great rental deals when you, at the last minute, decide to leave a day earlier or extend your one week trip by a couple days because you're having a good time and aren't ready to come home yet.
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Excellent point.......  I suppose a lot of folks got down to one car when they FIRE, so decisions need to be made. Right or wrong, I believe having ONE reliable car is a must in my life.
I have been burned before........ :P
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
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