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Old 01-22-2013, 02:46 PM
 
Location: Coastal Connecticut
14,722 posts, read 17,944,963 times
Reputation: 3333

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Quote:
Originally Posted by willow wind View Post
The problem with renting s that OP is under 21.

It's very hard to rent if you're under 25. A few, but not all of the bigger places will loosen their requirements for 21-25 in certain markets. . Under 21, is near to impossible.

Those that will rent to 21-25 add in a per day surcharge that is really costs prohibitive for many young people.
The surcharge will still be cheaper than buying and selling a car.
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Old 01-24-2013, 01:45 PM
 
751 posts, read 1,510,681 times
Reputation: 360
OP, I'm not sure if your idea is for Spring Break or for a Cross-Country roadtrip, but is it possible for you have someone over the age of 25 co-sign the car rental with you?

Per eHow: How to Rent a Car at Age 20 | eHow.com
Quote:
Have a co-signer ready to sign with you when you pick up the vehicle to avoid the daily surcharge for being underage. The co-signer must have a safe driving record and be at least 25 years old. A co-signer will also be held responsible for the vehicle and must provide information to the rental place. For example, a driver's license is necessary.
I understand if co-signing with a parent is not possible (I was a college student not too long ago...I understand the hesitation ), but do you have any siblings or older friends that trust you? Do know that an accident or wreckage of the rental will cause much financial stress for the co-signer though. E.g. if my 20 year old friend came to me asking to co-sign a rental for Spring Break, I'd laugh in their face. However, if it were to see an ailing relative, then I'd be more open to the idea.

All in all, your idea seems grand in nature, but buying a car for a roadtrip is a painful process. Cars in the $1k-$3k range require a lot of work. Not to mention, they will be high in mileage (what if your car breaks down in the middle of your roadtrip?).

Why not fly or take the train? I'm sure there is a plausible reason as to why you absolutely need to drive, but having $1k-$3k sitting around is a great luxury that not every college student has access to. Blowing it on a clunker automobile is not the best financial decision that you should make.
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Old 01-24-2013, 04:59 PM
 
7 posts, read 46,650 times
Reputation: 10
I get it, it's kind of a bad idea

Fortunately co-signing won't be necessary with the Hertz offer that was linked earlier.

I'd rather not get into what this is all about or other transportation options, but thanks for the advice.
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