Originally Posted by
pragakhan
Lease a 2013 CHRYSLER 300 AWD for $319 per month for 36 months. Total due at signing: $2,999. No security deposit required.
$319 x36 = $11,484
+ $2,999 = $14,483
+ Insurance $3,600 (@$100 a month)
+ Registration $360 (@$120 a year)
+ Oil Changes $360 (@$60 twice a year)
= $18,803 / 36
= $522.30 a month.
$522.30 / 31 days = $16.84
Yes, of course one would have to take into consideration unlimited miles from renting vs the standard lease allowance. Also the benefit of using a cash back CC and getting free days.
But is anyone saying we can get a daily rate that averages under $20 a day?
Mine is under 20/d if I rent by the week - on top of that I'd rather have the flexibility of skipping a week or month when I don't need a car instead of being stuck paying 522 a month, every month, full insurance coverage (quadruple what I pay now) plus airport parking when I travel (now I do a 'valet' thing with National). It's all about the flexibility.