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Old 06-17-2008, 12:08 AM
 
Location: Northeast Tennessee
7,305 posts, read 28,228,278 times
Reputation: 5523

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I am taking my grandmother to visit relatives in South Carolina this weekend. Its a 4 hour drive to where we are going. I can go in my car (24 mpg highway, uses premium fuel), or I can rent a mid-sized car that gets about 31 highway, uses regular fuel for $101 for 3 days.

I was going to take my car, but with the fuel savings and no wear and tear (mileage) on my car, I may be better off renting?

Anyone else agree?
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Old 06-17-2008, 01:21 AM
 
252 posts, read 390,748 times
Reputation: 72
Smile I always Rent...

Hi, I rent so I don't have to clean-up all the Bugs off of my car and as you said put the wear & tear on the rental. Have Fun!
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Old 06-17-2008, 05:23 AM
 
955 posts, read 2,157,642 times
Reputation: 405
Quote:
Originally Posted by Tennesseestorm View Post
I am taking my grandmother to visit relatives in South Carolina this weekend. Its a 4 hour drive to where we are going. I can go in my car (24 mpg highway, uses premium fuel), or I can rent a mid-sized car that gets about 31 highway, uses regular fuel for $101 for 3 days.

I was going to take my car, but with the fuel savings and no wear and tear (mileage) on my car, I may be better off renting?

Anyone else agree?
Here are the facts:

Your vehicle: 4 hour drive, so I assume a 200 mile trip

200 mi * 2 (round trip) / 24 MPG = 16.7 gal * $4.50 / gal premium = $75.15

Rent:

200 mi * 2 (round trip) / 31 MPG = 12.9 gal * $4.20 / gal regular = $54.18

$54.18 + $101 (rental fee) = $155.18 total cost

Rent Better / (Worse) Your Vehicle = $ (80.03), or penalty for renting

Therefore, if your depreciation / operating expenses other than fuel is greater than $0.20 / mile, you should rent.
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Old 06-17-2008, 01:03 PM
 
Location: Eastern Washington
17,216 posts, read 57,078,859 times
Reputation: 18579
You may be able to do better than $101 for a 3 day rental, did you check Enterprise? Does this include the "Loss-Damage waiver" which usually costs about $15 per day, and keeps you off the hook for any damage or theft of the rental car?

Recently rented from Enterprise for a weekend trip to Seattle, to me it was worth it to avoid the risk to any of my own vehicles. Also in the unlikely event of mechanical problems, with a rental the company will generally bring you out a different car and take care of fixing the breakdown with minimal hassle to you.

Ron is right, though, that it's almost always cheaper to drive your own car. The question is, do you get the $80 worth of value out of using the rental rather than your own car?
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Old 06-17-2008, 06:38 PM
 
Location: Eastern NC
20,868 posts, read 23,554,229 times
Reputation: 18814
4 hour drive is nothing. I take a 17mpg vehicle on a 4 hour drive long before I would rent a car. thats money in my pocket.
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