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Long term car rental in the US

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Long term car rental in the US

Old 30th Aug 2021, 13:36
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Long term car rental in the US

My son has recently been offered a 12 month contract in Long Beach, Ca.. Part of the package is $10K to rent or lease a car for the year..Is this reasonable for a mid range car? Might there be any unexpected extras to look out for? Thanks.
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Old 30th Aug 2021, 15:57
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Originally Posted by Tankertrashnav View Post
My son has recently been offered a 12 month contract in Long Beach, Ca.. Part of the package is $10K to rent or lease a car for the year..Is this reasonable for a mid range car? Might there be any unexpected extras to look out for? Thanks.
Good luck..... The cheapest I have found is double that. And recently when I have been in Long Beach there are no rental cars available anyway----FYI it is the closest airport to Disneyland hence LOTS of tourists fly in there.

He would be better buying a car and selling it when he leaves, or leasing a car from a dealership.

I was just in Long Beach Saturday flying for IEX Helicopters back and forth to Catalina Island, and am there frequently as I keep my sailboat docked there.
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Old 30th Aug 2021, 20:51
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Rental cars are in short supply so costs have gone through the roof. In the early days of the pandemic the rental car companies took it in the shorts (Hertz went through bankruptcy) and sold off much of their fleets to stay afloat. Now new car supplies are tight (due to chip shortages) so they are struggling to restock their rental fleets.
$10k for a year is a pretty good budget - I'd suggest heading to a car dealer of his choice and look for a short term lease - perhaps of a 'certified used car'. He'll need to set some of that $10k aside for insurance and such.
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Old 31st Aug 2021, 00:07
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I looked on Craigslist...strangely enough, it worked out well...
$10K is pretty light for a year...you wont get a compact at that rate...
turbidus is offline  
Old 31st Aug 2021, 07:17
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I agree with the short-term lease option. We just recently employed someone which was a big move for them, and the only decent deal was a short-term lease. As already mentioned, rental companies in the US are struggling because they sold off much of their stock due to Covid, and now can't buy enough new cars due to the computer-chip shortage, so rental prices are outrageous, especially in places tourists want to visit. A lease for a used car would certainly be my advice.

Is your son new to the US? If so, the lack of credit history might be an issue, but if they can show there are funds available they will probably be OK (and don't tell them how much it is, just get a reference from the employer that funds are available).
Hokulea is offline  
Old 31st Aug 2021, 08:42
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Join Date: Dec 2001
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Rent a car for a week.
74 vehicles on Craigslist Long Beach between $8k-$10k from private owners.
Get a reputable shop to do a prebuy.
Quick search showed long term rental to be $15k-$20k and 1 year leases of a new vehicle will be expensive.
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Old 31st Aug 2021, 08:49
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I think one other option if the funds are available as cash, is to buy a used car and sell it afterward. Used cars are in big demand in the US right now with some second-hand vehicles selling for more than they were bought for. That's added hassle but might be a way to go.
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Old 31st Aug 2021, 09:58
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There are apps similar to AirBnB which let you hire cars from private individuals. You might get a good deal through one of these even if he had to change cars once or twice during his time in the country.

Some even work at the airport, where an owner going away for an extended holiday can have his car rented out, rather than paying long term parking charges.
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Old 31st Aug 2021, 12:01
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Join Date: Apr 1998
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Lawyer friend of the owner of a shop down the road did an internship in America for a year. He decided to make the most of it by actually purchasing a '60s muscle car. Cheap as and the best thing he done. Almost had the book thrown at him when caught speeding near the Mexican border, fortunately one officer saw the lighter side. On leaving America he left the car at the airport carpark with the keys in the ignition.

Re the hire care availability problem, some resourceful tourists in Australia recently figured out that it was cheaper and easier to hire the tray-truck from the super-mega-hyper hardware shop chain than it was from legitimate car hire companies.
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