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DansDeals Forum => On The Road => Topic started by: Abebee on June 17, 2019, 11:44:42 AM

Title: Introducing Hertz My Car
Post by: Abebee on June 17, 2019, 11:44:42 AM
Hertz My Car is the all-inclusive alternative to buying or leasing a car. Enjoy choice, flexibility and worry-free driving with a single monthly payment.

How does it work?
Subscribe
Schedule
Drive

Select your preferred tier:
Tier 1
Full size sedans
Small SUVs
Small pickup trucks

Tier 2
Luxury sedans
Regular SUVs
Large pickup trucks

With Hertz My Car, you can exchange your Hertz vehicle up to twice a month.
Title: Re: Introducing Hertz My Car
Post by: ~King Lake~ on June 17, 2019, 11:56:55 AM
Tier 1 is $999 a month
doesn't sound like an 'alternative' to buying or leasing a car to me, as i pay for a full size sedan about $250 a month+$100 insurance=$350 a month still way cheaper then $999 a month
Title: Re: Introducing Hertz My Car
Post by: Dan on June 17, 2019, 11:58:11 AM
Why would anyone do this?
Title: Re: Introducing Hertz My Car
Post by: grodnoking on June 17, 2019, 12:03:53 PM
Why would anyone do this?
Someone who drives more than 2500 miles a month
Title: Re: Introducing Hertz My Car
Post by: Dan on June 17, 2019, 12:04:56 PM
Someone who drives more than 2500 miles a month
Buy a car?
Title: Re: Introducing Hertz My Car
Post by: BarryLincoln on June 17, 2019, 12:05:54 PM
Why would anyone do this?
Someone not looking to lock-in a long-term lease, preferring a longer-term rental (ie. 2-6 months).  I imagine short-term corporate relocations might be a target market...  Am sure there are other target demographics as well...
Title: Re: Introducing Hertz My Car
Post by: shapsam on June 17, 2019, 12:07:03 PM
Why would anyone do this?
Someone's insurance rates are very high.
Title: Re: Introducing Hertz My Car
Post by: Abebee on June 17, 2019, 12:10:07 PM
Why would anyone do this?
Not sure, Cadillac tried this and it only lasted 2 years.
Title: Re: Introducing Hertz My Car
Post by: grodnoking on June 17, 2019, 12:14:56 PM
Buy a car?
Convenience sake?

If your parnasa Is car based, you now have a reliable car for a few grand more a year (after you calculate the savings of maintenance and insurance).
Title: Re: Introducing Hertz My Car
Post by: ~King Lake~ on June 17, 2019, 12:37:19 PM
Convenience sake?

If your parnasa Is car based, you now have a reliable car for a few grand more a year (after you calculate the savings of maintenance and insurance).
well with a lease of a sedan/mini SUV/small pick-up you pay $350-$400 for the car/insurance a month X12 = $4,800
                                                                                                                        Hertz My Car $999 X12 = $11,988
now do the cheshbon yourself...
Title: Re: Introducing Hertz My Car
Post by: shmoe joe on June 17, 2019, 01:17:29 PM
A lot of people rent for 2 months in summer. $999 for a month in summer is actually a gr8 price.
Title: Re: Introducing Hertz My Car
Post by: Abebee on June 17, 2019, 01:32:37 PM
well with a lease of a sedan/mini SUV/small pick-up you pay $350-$400 for the car/insurance a month X12 = $4,800
                                                                                                                        Hertz My Car $999 X12 = $11,988
now do the cheshbon yourself...
You cant get those prices if you are putting on 30,000 miles a year.
Title: Re: Introducing Hertz My Car
Post by: ~King Lake~ on June 17, 2019, 01:43:01 PM
You cant get those prices if you are putting on 30,000 miles a year.
You got a point
Title: Re: Introducing Hertz My Car
Post by: ~King Lake~ on June 17, 2019, 01:50:17 PM
A lot of people rent for 2 months in summer. $999 for a month in summer is actually a gr8 price.
Though it's only available in Atlanta, Georgia and Austin, Texas for now
Title: Re: Introducing Hertz My Car
Post by: ~King Lake~ on June 17, 2019, 01:52:03 PM
You cant get those prices if you are putting on 30,000 miles a year.
2000 miles per month after that $0.35/mile, 2000 is still a lot
Title: Re: Introducing Hertz My Car
Post by: Dan on June 17, 2019, 01:55:03 PM
$350-$400 for the car/insurance a month X12
That's more than I pay for 6 months of a Tesla M3+Odyssey  ;D
Title: Re: Introducing Hertz My Car
Post by: WhiteSocks on June 17, 2019, 02:37:47 PM
Buy a car?
The worst investment! A car keeps on deappreciating -  no matter how well you maintain it - unless you waiting for a museum to buy it off....
Title: Re: Introducing Hertz My Car
Post by: yitzgar on June 17, 2019, 02:39:07 PM
The worst investment! A car keeps on deappreciating -  no matter how well you maintain it - unless you waiting for a museum to buy it off....
It's not meant to be an investment.
Title: Re: Introducing Hertz My Car
Post by: WhiteSocks on June 17, 2019, 02:39:44 PM
A lot of people rent for 2 months in summer. $999 for a month in summer is actually a gr8 price.
there is a $250 enrollment fee.. plus taxes and fees... so whats the metziah?
Title: Re: Introducing Hertz My Car
Post by: Dan on June 17, 2019, 02:40:37 PM
The worst investment! A car keeps on deappreciating -  no matter how well you maintain it - unless you waiting for a museum to buy it off....
LOL
Title: Re: Introducing Hertz My Car
Post by: WhiteSocks on June 17, 2019, 02:40:44 PM
It's not meant to be an investment.
So why buy? Lease and pay for the extra miles and give the car back when done.
Title: Re: Introducing Hertz My Car
Post by: ~King Lake~ on June 17, 2019, 02:43:11 PM
So why buy? Lease and pay for the extra miles and give the car back when done.
or finance and trade in
Title: Re: Introducing Hertz My Car
Post by: yitzgar on June 17, 2019, 02:44:22 PM
So why buy? Lease and pay for the extra miles and give the car back when done.
Buying happens to generally be cheaper than leasing. But that's not the thread topic
Title: Re: Introducing Hertz My Car
Post by: yitzgar on June 17, 2019, 02:44:53 PM
or finance and trade in
Or buy and trade it in. What's the maaleh of financing?
Title: Re: Introducing Hertz My Car
Post by: ~King Lake~ on June 17, 2019, 02:46:41 PM
Or buy and trade it in. What's the maaleh of financing?
the same maaleh of a mortgage :o
Title: Re: Introducing Hertz My Car
Post by: ExGingi on June 17, 2019, 02:50:59 PM
That's more than I pay for 6 months of a Tesla M3+Odyssey  ;D

Wrong thread.
Title: Re: Introducing Hertz My Car
Post by: chinagel on June 17, 2019, 11:33:19 PM
The worst investment! A car keeps on deappreciating -  no matter how well you maintain it - unless you waiting for a museum to buy it off....
Unlike the money you give to Hertz or a leasing company where you get a 20% annual return.
Title: Re: Introducing Hertz My Car
Post by: yoelkon on June 17, 2019, 11:40:13 PM
I lease with 25k/year not paying anywhere near 999. I'm at $500 per month plus insurance
Title: Re: Introducing Hertz My Car
Post by: ExGingi on June 17, 2019, 11:51:55 PM
The worst investment! A car keeps on deappreciating -  no matter how well you maintain it - unless you waiting for a museum to buy it off....
Are you aware of how leasing math works? Do you know that a predetermined depreciation is part of the formula (and you'll have to pay for extra wear and tear, but get no credit if wear and tear is less than average).
Title: Re: Introducing Hertz My Car
Post by: Mordyk on June 18, 2019, 12:40:41 AM
The worst investment! A car keeps on deappreciating -  no matter how well you maintain it - unless you waiting for a museum to buy it off....

So why buy? Lease and pay for the extra miles and give the car back when done.
Any car lease on a new car you are paying the value of a drive off the lot car.  If you buy an even slightly used car you are saving that drop in value. In general buying will be cheaper. Depreciation is in the first few years and when you lease they include that in your monthly price