8/27/2023 0 Comments Best cars for cross country travelNow you’ll need to compute the cost of driving your own car. Be sure to add in gas costs, rental insurance and any extra fees, too. Weekly rates are usually the way to go for the best value. a rental vehicle is the number one factor affecting your decision, then you’re going to need a pencil, some paper and a calculator.įirst, scout rental car deals to know what you’ll potentially pay. If the bottom-line cost of driving your own car vs. You get trip interruption and baggage benefits as well, plus 24-hour assistance. 4 To save money, buy our OneTrip Rental Car Protector, which provides primary collision loss/damage insurance coverage for as little as $11 per calendar day. Car insurance:The cost of rental car insurance can potentially add $30 to $61 to your daily rate, depending on which types of insurance you buy.You’ll be required to pay a penalty of 20 to 30 cents per mile for each mile you drive above the contracted amount, which is usually around 12,000 miles per year. Lease penalties: Folks who lease their car might also shy away from long trips.A typical rate for a large SUV is around 34 cents per mile, which adds up to $680 for a 2,000-mile road trip. ItStillRuns offers an easy way to calculate wear-and-tear costsby the mile. Every mile results in a certain amount of wear and tear to the engine, the tires and other moving parts. Wear and tear costs: A long road trip can inflict costly damage on your car, even if you don’t notice it right away.2 An electric vehicle, whether owned or rented, That means you can go more than three times the distance on a single gallon of gas. Rent a newer Toyota Prius instead, and you’ll get up to 57 mpg combined, on average. Gas mileage: If your daily driver is a GMC Yukon that gets 17 mpg combined, consider leaving it parked and renting a fuel-sipper for your road trip.But sometimes, renting a car could be the cheaper alternative. It seems obvious that renting a car for a road trip would be more expensive than just taking the one in your driveway. No deductible, no surprises.Ĭan you save money renting a car for a road trip? Our OneTrip Rental Car Protector provides primary collision loss/damage insurance coverage up to $50,000, for as little as $11 per calendar day. To avoid this triple whammy, buy rental car insurance ahead of time. The next time your insurance policy renews, your rates may go up because you’ve filed a claim.The rental car company may charge you “loss of use” fees, which your regular car insurance typically won’t cover.You’ll have to pay the deductible on your own collision/comprehensive policy, which may be $500, $1,000 or more.If your rental car gets damaged while you have it, you could end up paying for it three ways: 1 So you may be tempted to save money by skipping the optional collision/damage insurance.ĭon’t! While it’s true that rental car insurance is an additional expense, not having it can torpedo your trip budget faster than a visit to a Vegas casino. Renting a car can get expensive-up to $91 per day (or higher), according to Bankrate. Why you need rental car insurance for a road trip We’ll walk you through the dollars and cents of it all. renting a vehicle for your next road trip, you’ve gotta crunch some numbers: gas mileage, rental car insurance, vehicle depreciation, etc. When you’re weighing driving your own car vs. Your national park tour could subject your prized Pathfinder to getting charged by a ram or rammed by a Charger. Road trips can rack up mileage and routine maintenance-and those are just the known drawbacks of using your personal vehicle. You’ve booked rooms, tours, and even jotted down can’t-miss diners and dives.īut who’s driving? And what? When it comes to driving long distances, not everyone is keen to reach for their keys. You’ve mapped out every minute of your upcoming road trip.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |