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Author Topic: Introducing Hertz My Car  (Read 1530 times)

Offline Dan

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Re: Introducing Hertz My Car
« Reply #15 on: June 17, 2019, 01:55:03 PM »
Quote from: ~King Lake~ on June 17, 2019, 12:37:19 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
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Offline WhiteSocks

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Re: Introducing Hertz My Car
« Reply #16 on: June 17, 2019, 02:37:47 PM »
Quote from: Dan on June 17, 2019, 12:04:56 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....
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Offline yitzgar

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Re: Introducing Hertz My Car
« Reply #17 on: June 17, 2019, 02:39:07 PM »
Quote from: WhiteSocks on June 17, 2019, 02:37:47 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.
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Offline WhiteSocks

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Re: Introducing Hertz My Car
« Reply #18 on: June 17, 2019, 02:39:44 PM »
Quote from: 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.
there is a $250 enrollment fee.. plus taxes and fees... so whats the metziah?
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Offline Dan

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Re: Introducing Hertz My Car
« Reply #19 on: June 17, 2019, 02:40:37 PM »
Quote from: WhiteSocks on June 17, 2019, 02:37:47 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
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Offline WhiteSocks

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Re: Introducing Hertz My Car
« Reply #20 on: June 17, 2019, 02:40:44 PM »
Quote from: yitzgar on June 17, 2019, 02:39:07 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.
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Offline ~King Lake~

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Re: Introducing Hertz My Car
« Reply #21 on: June 17, 2019, 02:43:11 PM »
Quote from: WhiteSocks on June 17, 2019, 02:40:44 PM
So why buy? Lease and pay for the extra miles and give the car back when done.
or finance and trade in
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Offline yitzgar

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Re: Introducing Hertz My Car
« Reply #22 on: June 17, 2019, 02:44:22 PM »
Quote from: WhiteSocks on June 17, 2019, 02:40:44 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
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Offline yitzgar

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Re: Introducing Hertz My Car
« Reply #23 on: June 17, 2019, 02:44:53 PM »
Quote from: ~King Lake~ on June 17, 2019, 02:43:11 PM
or finance and trade in
Or buy and trade it in. What's the maaleh of financing?
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Offline ~King Lake~

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Re: Introducing Hertz My Car
« Reply #24 on: June 17, 2019, 02:46:41 PM »
Quote from: yitzgar on June 17, 2019, 02:44:53 PM
Or buy and trade it in. What's the maaleh of financing?
the same maaleh of a mortgage :o
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Offline ExGingi

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Re: Introducing Hertz My Car
« Reply #25 on: June 17, 2019, 02:50:59 PM »
Quote from: Dan on June 17, 2019, 01:55:03 PM
That's more than I pay for 6 months of a Tesla M3+Odyssey  ;D

Wrong thread.
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Offline chinagel

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Re: Introducing Hertz My Car
« Reply #26 on: June 17, 2019, 11:33:19 PM »
Quote from: WhiteSocks on June 17, 2019, 02:37:47 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.
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Offline yoelkon

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Re: Introducing Hertz My Car
« Reply #27 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
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Offline ExGingi

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Re: Introducing Hertz My Car
« Reply #28 on: June 17, 2019, 11:51:55 PM »
Quote from: WhiteSocks on June 17, 2019, 02:37:47 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).
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Offline Mordyk

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Re: Introducing Hertz My Car
« Reply #29 on: June 18, 2019, 12:40:41 AM »
Quote from: WhiteSocks on June 17, 2019, 02:37:47 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....

Quote from: WhiteSocks on June 17, 2019, 02:40:44 PM
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
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