rental cars http://www.wisebread.com/taxonomy/term/16701/all en-US Buying a Rental Car? Here's What You Need to Know http://www.wisebread.com/buying-a-rental-car-heres-what-you-need-to-know <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/buying-a-rental-car-heres-what-you-need-to-know" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_happy_driving_96645249.jpg" alt="Woman learning what she needs to know about buying rental cars" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Everyone loves the convenience of a rental car, especially when on vacation. However, tell someone you're thinking of buying one, and you'll likely see a look of confusion &mdash; or worse, disdain. Rental cars are driven hard and often not worth the risk. At least that's what people will tell you, but in reality, rental cars are a very prudent buys&hellip;if you know what you're getting into. Consider the pros and cons of purchasing a former rental car:</p> <h2>The Pros of Buying a Rental Car</h2> <p>Here's why you might consider buying a rental.</p> <h3>The Car Was Well Maintained</h3> <p>Rental cars are serviced regularly; above and beyond the schedule of a typical car that has been bought or leased. The larger rental companies, such as Hertz and Avis, often employ an army of mechanics to keep the cars in excellent working order. After all, it's a major hassle to deal with a car that has issues <em>after</em> a customer has driven it off the lot. And this means&hellip;no lemons. The chance of a lemon car making it through several years of constant rental is almost zero.</p> <h3>The Car Will Be Priced to Sell</h3> <p>Those ads that say &quot;great car, one careful previous owner&quot; obviously do not apply to rental cars. There have been dozens, if not hundreds, of drivers behind the wheel of the car. The rental company or dealership selling the car knows this. They have to tell you it was a rental car, and they know the reaction will be &quot;Oh&hellip;that means it has been driven by so many people.&quot; Their defense is always &quot;That's why we're giving it to you way below book.&quot; And even then, you have a great way to negotiate price. You know it's a car that has had many drivers, and that stands you in good stead. Ask for extras, a free extended warranty, or whatever else you want to sweeten the deal.</p> <h3>The Car Will Look Good Inside and Out</h3> <p>Rental companies and dealerships know the value of the walk around, and therefore, a bunch of dings, scrapes, and a set of bald tires will not help them move the vehicle off the lot. The company will make sure the imperfections and cosmetic issues are dealt with. Cars of a similar age being sold by a private seller will have more dings, scratches, and cosmetic flaws than an ex-rental car. The paint job will look good, the interior will be clean and smell fresh, and things like mats and carpets will be professionally cleaned, or even replaced.</p> <h3>The Car Won't Be That Old</h3> <p>Rental companies don't like having old models on the lot. People want to rent a new, reliable car, not some old junker. For that reason, the cars are swapped out regularly, and the older models are put up for sale. Often, you can get a great deal on a car that's only one or two years old, because the rental company wanted the newer model on the lot. Young cars are usually still in their typical three year/36,000 miles warranty, which will transfer to you (and some manufacturers go way beyond that). You may even find that the mileage is surprisingly low (although that's certainly not guaranteed).</p> <h3>The Car Was Originally Bought at a Discount</h3> <p>Rental companies don't buy a few cars here and there. They buy in bulk from the major manufacturers, and that means huge price breaks. These savings can then be passed on to you when it's time to sell the car. It's simple math. Their original cost of the car was lower than average, and therefore, the price you pay will be lower. They can afford to heavily discount the book price to move the car quickly without losing any profit.</p> <h3>The Car You Want Is Easy to Find</h3> <p>Whatever ex-rental model you're looking for, chances are you'll find it quickly. The big players like <a href="http://www.hertzcarsales.com">Hertz</a>, <a href="https://www.aviscarsales.com/">Avis</a>, and <a href="http://www.enterprisecarsales.com/">Enterprise</a> have websites stocked with a massive inventory of former rental cars. Not only will you find it easy to find the make and model you're looking for, but probably even the color and options you prefer.</p> <h2>The Cons of Buying a Rental Car</h2> <p>So&hellip; you know the ups, but what about the downs? While buying a rental car is a prudent, frugal move, you have to be careful of the following issues.</p> <h3>The Car Has Been Driven Hard</h3> <p>Rental cars have had a lot of different drivers behind the wheel, and that means a lot of different driving styles. Guaranteed, they were not all excellent drivers who were easy on the brakes and treated the gearbox with respect. The number of different driving styles, including people who hammered the brakes, the shifter, and the clutch on manual cars, can take its toll and cause excessive wear and tear on the mechanical parts of the car. These issues may not show up when you buy it, but after a few months you could find parts failing due to the strain of these juxtaposing driving types.</p> <h3>The Car Was Not Loved</h3> <p>Rental cars are not owned in the same way as a lease or purchase. When someone buys a car, it's a lot of money, and it's an emotional purchase. Everything has to be right. When you get a rental car, you really don't care about it. As long as it's the right size, and runs well, you are fine. You'll be returning it in a few days anyway. So, things get spilled. Dings and dents happen more easily. Scrapes are common. While many of these will be caught, and repaired, before the car is sold, the detailing team may not be able to fix everything. Or, there may be a lot of unoriginal parts inside and outside the car.</p> <h3>The Car Probably Has High Mileage for Its Age</h3> <p>Some rental companies swap out cars for new models so often, the cars don't get a chance to be driven over the expected mileage. However, for many rental cars, the mileage goes way over the average, for obvious reasons. A car sitting in the lot is no good to a rental agency, so they do everything they can to make sure every car is used as often as possible. This means discounts, special offers, and coupons to bring in customers. The cars are often rented by people on vacation, and that means a lot of driving, sightseeing, and additional mileage. But, the good news is that cars are so well engineered these days, the additional mileage is not the problem it was 30 or 40 years ago.</p> <h3>The Car Is Being Bought &quot;As Is&quot;</h3> <p>No equipment upgrades. No extras. No frills. Everything you see is what you get, and if you want anything extra (from a roof rack to a tow bar) then you have to pay for it yourself after you <a href="http://www.wisebread.com/how-to-buy-a-used-car-without-getting-ripped-off" target="_blank">buy the car</a>. This is, of course, standard practice on any used car you buy, so it's not a specific drawback to buying a rental car. But still, just remember that when you shop for a used car, it already has the options (or not) that you'll be getting. No more, no less.</p> <h3>The Car May Have Been in an Accident</h3> <p>If the car is in a fender bender, or something more serious, it could all be taken care of outside of the insurance companies and reporting agencies. It can be cost prohibitive for the rental agency to file an insurance claim on smaller accidents, especially if they have a full fleet of expert mechanics ready to repair the damage. This means the accident may not show up on a Carfax report. So, be careful, and get an independent mechanic to check it out.</p> <p><em>Have you purchased a rental car? Would you?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/paul-michael">Paul Michael</a> of <a href="http://www.wisebread.com/buying-a-rental-car-heres-what-you-need-to-know">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/11-smart-ways-to-boost-your-gas-mileage">11 Smart Ways to Boost Your Gas Mileage</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-reasons-why-you-should-never-buy-a-new-car">3 Reasons Why You Should Never Buy a New Car</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-cars-you-can-drive-almost-forever">6 Cars You Can Drive (Almost) Forever</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/help-i-bought-a-lemon-now-what-do-i-do">Help, I Bought a Lemon — Now What Do I Do?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-buy-a-used-car-without-getting-ripped-off">How to Buy a Used Car Without Getting Ripped Off</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Cars and Transportation carfax high mileage maintenance mileage pros and cons rental cars saving money used cars vehicles Mon, 11 Jul 2016 09:00:07 +0000 Paul Michael 1746126 at http://www.wisebread.com 8 Unexpected Ways a Credit Card Can Save You Money on Travel http://www.wisebread.com/8-unexpected-ways-a-credit-card-can-save-you-money-on-travel <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/8-unexpected-ways-a-credit-card-can-save-you-money-on-travel" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_travel_credit_card_000076858727.jpg" alt="Woman finding ways credit cards can save her on travel" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>There are plenty of obvious reasons to use a credit card while traveling. For example, it's easier than carrying a lot of cash, and if it gets lost or stolen, you can call your credit card company and you won't be held responsible for fraudulent charges. But did you know that using a credit card actually saves you money on your travels? Here are eight ways that credit cards can save you money on your next trip.</p> <h2>1. Rewards Points</h2> <p>Surely the most obvious way that credit cards can put more funds in your travel piggy bank is earning rewards points. It might seem overwhelming to dive into the world of credit card rewards, but it doesn't have to be.</p> <p>To start out, simply apply for three of the <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards">best travel credit cards</a> for you. Chose two based on a <a href="http://www.wisebread.com/5-best-sign-up-bonuses-for-airline-miles-credit-cards">good sign up bonus</a> so that you can get a head start on your points, and one based on a <a href="http://www.wisebread.com/5-best-cash-back-credit-cards">good percentage of cashback</a> return.</p> <p>Make sure you spend the minimum amount on each card in the first three months to ensure you get your sign-up bonus. Then continue to use the best cards based on their highest earning potential. For example, if one of them offers 3% <a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries">cash back on groceries</a>, always use that one at the supermarket. If one offers a high percentage on gas, use that at the pump.</p> <p>If you have a hard time keeping track, you can always put a sticky note on each card. After a while, you won't need the notes anymore.</p> <h2>2. Rental Car Insurance</h2> <p>This is a really easy way to save a few bucks a day on your rental car. All major credit card providers offer <a href="http://www.wisebread.com/what-does-car-rental-insurance-really-cover-on-your-credit-card">good insurance coverage on rentals</a> if you put the full cost of the rental car on your card (obligatory with most rental companies).</p> <p>Don't pay extra for the damage collision waiver or for extended coverage if your credit card includes it! Many people who don't know about their credit card's coverage buy a ton of extra insurance through the rental company, not knowing that it's already covered on their card.</p> <h2>3. Travel Insurance</h2> <p>This is another place where so many people waste their money because they don't know that their card has them covered. There are dozens of cards that offer <a href="http://www.wisebread.com/what-exactly-does-travel-accident-insurance-cover-on-credit-cards">complementary travel insurance</a>.</p> <p>Before paying for expensive third-party insurance, call your credit card provider and ask what kind of travel insurance they include in their policy. You may be surprised to find out that they cover you for more than the expensive third-party insurance you've paid for in the past!</p> <p>Stop wasting money on extra insurance. Call your credit card provider before your next trip.</p> <h2>4. Rental Car Discounts</h2> <p>Many credit card providers offer discounts if you book your rental car with their partners. If you can't get a direct deal with the rental car agencies, many issuers have their own travel portal sites that allow their cardholders to book travel with exclusive discounts.</p> <h2>5. Lost Luggage Insurance</h2> <p>As someone who has recently been a victim of <a href="http://www.wisebread.com/the-airline-lost-your-luggage-now-what" target="_blank">lost luggage at an airport</a>, I have to say that this is something you may take for granted, but can save you a lot of money.</p> <p>You may think that when an airline loses your luggage, they'll reimburse you for everything you lost, plus pay you a little extra for your troubles. This simply isn't true with most airlines. While recent laws have been enforced to hold airlines accountable for your belongings, they are still only required to pay you the depreciated value of your used goods.</p> <p>Credit card lost luggage insurance will help to top up the amount that the airline isn't willing to pay and will even give you a small amount to pay for emergency purchases while the airline tries to retrieve your luggage. That way you can at least pick up some warm clothes, extra underwear, and a toothbrush knowing that your credit card insurance is paying for it.</p> <h2>6. Airline Credits</h2> <p>Some credit cards will actually offer to reimburse a certain amount each year for airline fees and in-flight food and entertainment. At a minimum, most <a href="http://www.wisebread.com/5-best-co-branded-airline-credit-cards">airline credit cards</a> will offer a discount for in-flight purchases.</p> <h2>7. Baggage Fees</h2> <p>These days, pretty much every airline in North America is charging passengers for their first checked bag. Put an end to this by having the right plastic in your wallet.</p> <p>Again, this is where airline credit cards will come in handy. Most of them will give you a free checked bag, plus for your companions, too. Before you book your flight, make sure you're using the right credit card.</p> <h2>8. Foreign Fees</h2> <p>Most credit cards will charge a 3% foreign transaction fee for using your credit card abroad. This fee cancels out any convenience or advantages of using a credit card abroad. Worse is figuring out whether the exchange rate is going to leave you better off or worse off than the 3% fee.</p> <p>The good news is that there are credit cards that have <a href="http://www.wisebread.com/smarter-security-and-no-foreign-transaction-fees-the-best-credit-cards-to-use-while-on-vacation">no foreign transaction fees</a>. Sign up for one and make sure to use that one on your travels.</p> <h2>The Bottom Line</h2> <p>If you're a disciplined spender, signing up for numerous travel rewards credit cards and putting all your purchases on plastic can save you a lot of money both at home and on the road. Just make sure that you're careful about how many cards you apply for and how you spend.</p> <p>There's no point in earning points if you are paying 19.99% interest. Be sure to pay off your card each month and abide by the minimum spending for sign-up bonuses and you'll have more money to enjoy (or to save up for your next adventure).</p> <p><em>Have you taken advantage of any of these credit card travel savers?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/nick-wharton">Nick Wharton</a> of <a href="http://www.wisebread.com/8-unexpected-ways-a-credit-card-can-save-you-money-on-travel">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-types-of-travel-insurance-credit-cards-include-that-you-didnt-know-about">6 Types of Travel Insurance Credit Cards Include That You Didn&#039;t Know About</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-airline-partnerships-can-supercharge-your-travel-rewards">The Secret to Redeeming Travel Rewards with Airline Partners</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-airline-lost-your-luggage-now-what">The Airline Lost Your Luggage. Now What?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-ways-your-bank-account-can-boost-your-travel-rewards">3 Ways Your Bank Account Can Boost Your Travel Rewards</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-my-family-scores-free-travel-with-credit-cards">6 Ways My Family Scores Free Travel With Credit Cards</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Travel airlines foreign transaction fees insurance lost luggage rental cars rewards sign up bonuses Thu, 05 May 2016 10:00:14 +0000 Nick Wharton 1703936 at http://www.wisebread.com Best Money Tips: Save on Rental Cars http://www.wisebread.com/best-money-tips-save-on-rental-cars <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-save-on-rental-cars" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/2850070972_63c376f4ca_z-1.jpg" alt="Save on Rental Cars" title="Save on Rental Cars" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some stellar articles on saving on rental cars, cheap thrills that actually satisfy, and helping natural disaster victims.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.stretcher.com/stories/10/10nov01b.cfm">10 Ways to Save on Rental Cars</a> &mdash; Save money on rental cars by using your own car insurance. [The Dollar Stretcher]</p> <p><a href="http://www.savvysugar.com/Fun-Cheap-Activities-25590251">Cheap Thrills That Actually Satisfy</a> &mdash; For a cheap thrill, try a ropes course or rock climbing. [SavvySugar]</p> <p><a href="http://www.thecentsiblelife.com/2012/10/how-to-help-natural-disaster-victims/">How to Help Natural Disaster Victims</a> &mdash; Want to help natural disaster victims? Donate via text message or volunteer. [The Centsible Life]</p> <p><a href="http://ptmoney.com/pay-yourself-first/">The Pay Yourself First Concept: Are You Applying It?</a> &mdash; Paying yourself first can help you get out of debt and be able to afford retirement. [PT Money]</p> <p><a href="http://www.lazymanandmoney.com/seven-things-you-must-do-before-an-emergency/">Seven Things You Must Do to Prepare for An Emergency</a> &mdash; Before an emergency hits, upload important data to the Internet. [Lazy Man And Money]</p> <h2>Other Essential Reading</h2> <p><a href="http://canadianfinanceblog.com/tips-to-save-money-on-hotel-rooms/">5 Tips to Save Money on Hotel Rooms</a> &mdash; Want to save money on hotel rooms? Look into joining a rewards program. [Canadian Finance Blog]</p> <p><a href="http://moneysmartlife.com/tools-to-help-you-pay-off-debt-and-reach-your-goals/">6 Tools to Help You Pay Off Your Debt and Reach Your Goals</a> &mdash; Pay off your debt and reach your goals by using sites like SavvyMoney.com or books like Total Money Makeover. [Money Smart Life]</p> <p><a href="http://genxfinance.com/the-most-common-landlord-problems-and-how-to-address-them/">The Most Common Landlord Problems and How to Address Them</a> &mdash; If your tenant is guilty of disorderly conduct, be sure to document the disruptions so you have grounds for eviction in the future if necessary. [Generation X Finance]</p> <p><a href="http://www.marcandangel.com/2012/10/29/10-ways-to-live-life-with-no-regrets/">10 Ways to Live Life with No Regrets</a> &mdash; To live life with no regrets, pay attention to life while you are living it. [Marc and Angel Hack Life]</p> <p><a href="http://parentingsquad.com/7-ways-to-be-a-leader-in-healthy-living">7 Ways to Be a Leader in Healthy Living</a> &mdash; Be a leader in healthy living by encouraging being active. [Parenting Squad]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-save-on-rental-cars">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/a-used-car-salesman-reveals-dirty-tricks-and-how-to-beat-them">A Used Car Salesman Reveals Dirty Tricks (and How to Beat Them)</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/are-your-new-tires-really-6-year-old-ticking-time-bombs">Are your new tires really 6-year old ticking time-bombs?</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-cars-that-thieves-dont-touch-and-5-simple-anti-theft-tricks">5 Cars That Thieves Don&#039;t Touch (and 5 Simple Anti-Theft Tricks)</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/five-reasons-why-i-love-public-transportation">Five Reasons Why I Love Public Transportation</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/to-change-the-bulb-just-remove-the-bumper-wait-what">To change the bulb, just remove the bumper. Wait, what? - UPDATED.</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Cars and Transportation best money tips Cars rental cars Thu, 01 Nov 2012 10:00:38 +0000 Ashley Jacobs 955502 at http://www.wisebread.com