Hertz unveils "My Car" subscription service
https://www.cnet.com/roadshow/news/h...ption-program/
$1000-$1400 a month includes insurance ($1000 deductible), roadside assistance, unlimited mileage and two swaps per month. There's a $250 enrollment fee and it's only available in Atlanta and Austin. It's better than Enterprise's subscription program but still way too expensive to be a reasonable option for most people. Cut the price in half and I'd be seriously interested. |
$1400 a month !?!?! You could buy and insure a pretty nice car for that amount.. and have a car to sell/keep when your payments were over.
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Also, while this includes insurance on the vehicle, it doesn't include liability insurance, which you'd need to get elsewhere. This also doesn't include a place to park the car, which removes one of the potential appeals of this system (around me, parking is $400/month and up).
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The only benefit to this program is that you can swap cars. That aside, Volvo will give you a new S60 for $750/mo in their Care by Volvo program, or the XC40 SUV for even less, which includes all but the car swap - and it’s a new car, not some junk that’s been abused by other renters. Yes there is a mileage cap but it’s quite high at 15,000mi/yr. or if you fancy a German luxury car, nearly all automakers offer a similar program for around the same cost and you get a fantastic vehicle too. |
Originally Posted by jim32190
(Post 31171666)
The only benefit to this program is that you can swap cars. That aside, Volvo will give you a new S60 for $750/mo in their Care by Volvo program, or the XC40 SUV for even less, which includes all but the car swap - and it’s a new car, not some junk that’s been abused by other renters. Yes there is a mileage cap but it’s quite high at 15,000mi/yr. or if you fancy a German luxury car, nearly all automakers offer a similar program for around the same cost and you get a fantastic vehicle too. |
Originally Posted by cestmoi123
(Post 31171753)
One key difference, the Care By Volvo is a two year commitment, while the Hertz program is month to month.
The Hertz option is month to month (vs usually a min of a 24month lease), but it is very, very, expensive. I'm wondering if it isn't just cheaper to rent a car from Hertz at 2 week intervals, and just swap that way. Surely, that must be cheaper than this program. |
Originally Posted by jason8612
(Post 31173569)
True. In terms of leasing, I've gotten BMW 3 series leases for about $200/month on a 24month/10K miles a year (which for me is enough).
The Hertz option is month to month (vs usually a min of a 24month lease), but it is very, very, expensive. I'm wondering if it isn't just cheaper to rent a car from Hertz at 2 week intervals, and just swap that way. Surely, that must be cheaper than this program. |
For comparison, my company's corporate rate is $545/month plus fees for a full size. A luxury is $890.
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Originally Posted by dayone
(Post 31174743)
For comparison, my company's corporate rate is $545/month plus fees for a full size. A luxury is $890.
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Originally Posted by dayone
(Post 31174743)
For comparison, my company's corporate rate is $545/month plus fees for a full size. A luxury is $890.
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Seems like a pretty lousy offer.
If you don't want swaps, just lease whatever you want for far less money. If you want swaps or just want to try something like this out month-to-month, just do 2-week luxury/specialty rentals. Either buy Amex's primary rental insurance or keep a non-owner auto policy and rent with any decent credit card. For $600/mo for the base package, I might become interested solely for the convenience (vs. actually booking ongoing rentals). |
is this offer going to expand to more locations? although it doesn't seem to matter as they will deliver the car....
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Originally Posted by Joonydell
(Post 31176744)
is this offer going to expand to more locations? although it doesn't seem to matter as they will deliver the car....
The other bit to keep in mind is that these are the max-retail prices. Chances are good they're pitching this to companies at different price points. |
I have been "renting" a car for over 2 years from Hertz now and I can tell you that it is cheaper to rent with LDW than this monthly rate.
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Originally Posted by mdbe
(Post 31177214)
I have been "renting" a car for over 2 years from Hertz now and I can tell you that it is cheaper to rent with LDW than this monthly rate.
Granted, it was an era when this HLE had a pretty boring array of cars. Not like I was swapping into a Jag or anything. More like "I'm tired of the tan Taurus, I'd like the green one now." If they had a Ford Explorer that was cause for great excitement. |
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