FlyerTalk Forums - View Single Post - Hertz monthly lease - any experiences?
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Old Sep 29, 2014, 8:40 am
  #19  
pugsley21
 
Join Date: Dec 2013
Location: COS - Colorado Springs, CO
Programs: Hilton Diamond. National Biz Exec. AMX Plat. CSR. Bonvoy Brilliant. Delta Reserve.
Posts: 162
I wished this would have worked for me....

I worked for a big name beverage company up until January. I had a company car for 8 years then 2 years ago they changed it to give all employees a cheesy $300 per month allowance with .19 cents per mile. The kicker was, you had to have a car within 5 years new of current year and with less than 150,000 miles to qualify for the allowance. Additionally, you had to carry the maximum amount of insurance on the car $300k/$500k. This definitely wasn't a winning deal for any associate.

Get ready....I drove 75,000 miles in 1 year in my brand new car. I took a MAJOR depreciation hit not to mention all of the maintenance on the vehicle.

I really wished this Hertz Multi Month lease would have worked for me but I wouldn't have been able to get the payment because I wouldn't have auto insurance directly for the specific car I was driving.

So glad I don't work for them anymore.....

But this does sound like a great deal if you drive high mileage.
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