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Old 12-17-2007, 07:28 PM
 
2 posts, read 50,168 times
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So the conundrum is this. Heading from Washington, DC area to Chicago for the holidays. About 1,000 each way, the trip out and back about a week apart. Should we drive our own car, a Scion XA with about 15k miles, or should we rent, to prevent putting unnecessary wear and tear on our car? We get our car serviced regularly at a dealership, if that helps any.

Any thoughts most appreciated.
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Old 12-17-2007, 10:51 PM
 
Location: Way on the outskirts of LA LA land.
3,040 posts, read 9,820,036 times
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I have a 2007 Honda Civic with about 15,000 miles on it, too. I am planning to drive it to Colorado for Christmas (also about 2000 miles round trip), unless the weather is too difficult to contend with. If so, I'll drive my 2005 Chevy Colorado 4x4 instead.

I don't think you will have anything to worry about with putting those extra miles on your Scion. I believe, like most Toyotas, that it should last for 250,000 to 300,000 miles easily, and possibly many more miles beyond that. I think those 2,000 extra miles are just a drop in the bucket as far as these vehicles are concerned, and I wouldn't worry at all about the added wear and tear (it just means it'll be sooner when you have to change the oil again). I imagine most of those miles will be highway miles which are about the easiest type of mileage you can put on a vehicle.

I don't know how many miles you drive in a year's time, so I don't know how long it would take you to run up those miles normally, but for me, it's just a month or so to put that kind of mileage on my car. A little trip like this shouldn't really be much of a concern for the lifespan of the vehicle.
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Old 12-18-2007, 11:34 AM
 
Location: appleton, wi
1,357 posts, read 4,762,794 times
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just drive it. that's nothing. i'm planning a trip to prescott, AZ this summer that'll probably put 6K miles on my 07 wrx.
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Old 12-18-2007, 02:49 PM
 
10,537 posts, read 15,977,587 times
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Do the math, just calculate the average cost per mile of operating a car vs. the rental cost for that period. Multiply distance to Chicago and driving while there. What does the IRS allow now? .65 a mile? Can't remember. Use that starting figure and deduct a bit considering your car cost a little less to operate.
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Old 12-18-2007, 02:56 PM
 
165 posts, read 569,227 times
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I happen to enjoy my car. I don't like wear and tear, but the enjoyment factor totally enters in to it with this kind of decision.
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Old 12-18-2007, 03:24 PM
 
Location: Chicago
38,691 posts, read 82,754,694 times
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Consider that car rental companies make money by factoring the cost of depreciation and wear & tear of driving their car and then charge more on top of that to make a profit, and it stands to reason that it will likely cost you more to rent a car than it will to put the miles on your own car. It might be a different story if you had a more expensive car with a larger nominal depreciation curve, but the nominal depreciation of an xA is on par with that of your average rental-fleet car. So unless you can get some great deal on a rental during an off-peak time or something, I'd say drive your own car.
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Old 12-18-2007, 11:12 PM
 
9,807 posts, read 11,953,318 times
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I will share my "out of pocket expenses" for a recent trip I took in early November ( MN to Alabama)
car---2007 Toyota Camry
total miles----2960
total gal of gas--88.8
average mpg---33.3
average price per gallon---$3.04
total gas cost----$275.85

time gone----1 week
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Old 12-19-2007, 03:24 AM
 
Location: Sandpoint, ID
3,109 posts, read 8,656,268 times
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OK. So figure if marmac would have rented a full size car (Camry equivalent) for the same trip...

I pulled up Avis rates, figure $320 to rent for 7 full days. Unlimited Miles. Paying 8% tax and all those various surcharges.

Rent: $320
Gas: $360 (assuming 25 mpg to be very safe)
Total: $580

Compared to:

Gas: $276
Depreciation (48.5 cents/mile for 2007, rises to 50.5c/mi 1/1/08) - $1436
Total cost: $1712

As long as you're getting unlimited miles, RENT. Depreciate someone ELSE'S car...looks like with the 2007 mileage average depreciation, any trip over about 650 miles should make you think about renting.

Oh, and if you decide for a 1-2 person long trip to rent something cheaper? Wow...what a deal...under $200/week with unlimited miles...even if you go low at .30c/mi, it's still a huge savings...

Now...I'm up late and in bad need of caffeine...but right now it's looking awfully good to me...
__________________
Regards,

Sage
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Old 12-19-2007, 06:37 AM
 
Location: Denver
3,073 posts, read 6,394,280 times
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Quote:
Originally Posted by Sage of Sagle View Post
Depreciation (48.5 cents/mile for 2007, rises to 50.5c/mi 1/1/08) - $1436
One more reason not to buy a new car...wow that is something else!

I would say just take your own car...its only 2000 miles. And besides what about insurance? If you rent I would make sure your insurance company is going to cover the rent car and what ever you hit. Maybe your credit card company has coverage built in?
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Old 12-19-2007, 07:53 AM
 
2 posts, read 50,168 times
Reputation: 13
Thanks for all the replies. Renting would be cheap. On Priceline an economy car goes for about $20-$24/day with taxes and fees included if you bid.

We put about 10k a year on the car, so 2k would be a serious trip.

Insurance is not so much of a concern because our credit cards would take care of it.

But then there are the conveniences of our own car. Ipod jack. Gas mileage is probably better than the rental--we get low 40s on the highway.

I think we're leaning towards driving our own car. In its youthful age, this trip should be a breeze, I would think.

More thoughts certainyl welcomed.
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