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Why choose Low Cost Car Rental?

With so many car rental companies operating in Sydney, it is not so easy to make the choice on the car hire provider.

Heard about us and wondering why do you rent a car from us? Here is a short list of things we put together to help you make the decision and choose Low Cost Car Rental to take care of your next trip.

No booking fees

Here at Low Cost Car Rental we are 100% transparent with our costs. The policy of the company is to discuss every single aspect of the car hire with the customer before we book and charge them any money.

All you pay for is the rental value that already includes the car hire, default insurance for one eligible driver and complimentary 24/7 Premium Road Side Assistance. Among the additional costs are the mandatory bond of $250. Additional charges may apply only if you want to reduce the insurance excess, add more drivers to the insurance policy or book one of many extras like GPS, baby seats or snow chains to name a few.

Customer Oriented

Google Reviews is a hard to get. Maintaining 5-star is almost impossible as customers often picky or unfair. Nevertheless we managed to maintain 5-star rating for longer than 2 years since we registered our business with Google.

We constantly ask our customers for the feedback on our vehicles and customer service.

Our staff is trained and rewarded for positive feedback and we do not tolerate lazy or rude car rental workers.

We value every single customer. We make every effort for you to get the best rental vehicle and cover for your trip.

Low Cost Great Value

There are so many choices of car hire providers. But, like with any other service or purchase, the consumer wants to see the value for their money. Whether you are interested in short-term or long-term car for rent, you are always welcome in Low Cost Car Rental.

Feel free to visit our main car rental office (see Our Locations in Sydney, Australia) and discuss how we can help you organise your trip. We have a range of people movers to fit all your family, small to large size cars for casual leisure or business trips and SUVs (AWD, 4WD) if you go camping or skiing.

Have you hired from us before and have a suggestion on how we can improve our car rental service? Please don’t hesitate to call or email us any time. We would be happy to hear from you. We will be even happier if you continue using our car hire service.

Never rented from us? Please give us a try. We will do our best to not disappoint you.

Cheap car rental

The Positives of Car Hire

Cheap car rental

There are many good reasons for car hire. The most common would be for someone from out of town who doesn’t have their own vehicle and doesn’t want the restrictions and inconvenience of using public transport. There are some other positives as well and we’ll take a look at some.

Why Buy When You Can Hire?

Maybe you need a specific type of vehicle for a few days or the week or two. There is little point buying a car in a temporary scenario like this. Car hire is the obvious solution. No need to go shopping for a vehicle, paying registration fees and ongoing insurance policies. For one off occasions and circumstances, it really is the simplest solution.

That Special Occasion

Some people hire special cars just for the wedding day. These cars are used to transport the bridal party and other dignitaries. Not everyone getting married has access to modern and nice looking vehicles, so car hire is the tailor made solution.

When friends visit town and you want to drive them around to see the sights, but you only have a small car, then hiring a much bigger car solves this problem. This can also be applied to other special occasions like a milestone birthday party or wedding anniversary. There are many occasions when car hire makes perfect sense.

Impress Your Date

For the guys out there. Have you ever found yourself in a situation where you finally landed a date with your dream girl, agreed to pick her up, but are embarrassed about your rambling old car with the engine running rough and flaking paint?

Impress her and make a good first impression by hiring a nice shiny new and modern car. Even if she knows the car is not yours, she’ll be impressed that you went to so much trouble for her and your date with her.

Car Hire can be a Tax Deduction

When it comes to business, car hire is a legitimate tax deduction. You might be travelling for business and need transport when you get on the ground. Even in your home town, perhaps you have a high end client coming to visit and you need a better car to drive them around in to make that all important positive first impression. Car hire solves the problem and can be claimed against tax as well when used for business purposes.

Car Hire Sydney

For good quality but cheap car rental Sydney, come in and see us at Low Cost Car Rentals. We have a good range and great deals for rentals cars Sydney has to offer.

Car Hire Comparison

Cars for rent - prices compared

It is easier to select the car for rent rather than compare the car hire deals.

When you get a quote from a hire company for Sydney car hire, you just assume that the price on the quote is the price you will pay.

Don’t be fooled by the numbers! Read blow to know what are some of the gotchas with the car rentals prices.

What often happens is that when you picking up or returning the hire car you may be slugged with all manner of extra fees such as:

  • Administration fees
  • Airport levies
  • Registration recovery tax
  • Insurance excess / liability reduction waiver
  • Surcharge for drivers under 25
  • Visa and Mastercard surcharges

Unfortunately, those fees are not uncommon in the car rental industry. When you face these extra hidden costs you have no option but sign the contract and pay it.

Low Cost Car Rentals live up to our reputation and words

But not at Low Cost Car Rentals! When we provide a quote for cheap car rentals, we guarantee there will be absolutely, no hidden costs. All our prices include the default insurance cover and once the full amount paid you can drive away. And you get your credit card bond back as soon as you return the car when meet the simple conditions:

  • the fuel tank is full;
  • the mileage allowance is not exceeded
  • and the car is in the same condition as at the time you had picked it up.

The price per day we tell you in your quote is the total price you will pay for your rental car!

Additional charges may apply for things like:

  • additional drivers;
  • child seats, GPS, handsfree sets or other extras;
  • after hours airport pick up or drop off.

But we let you know this upfront, because we pride ourselves on transparent and honest pricing.

The safety and comfort of our customers is paramount to us, so you can have peace of mind knowing our cars are always safe and reliable. If you have rented our car for long term and noticed it is due for a service or something is worrying you, please do not hesitate to get in contact with us and we will organise a day when you can bring the car for a quick check up or service.

Low Cost Car Rentals Sydney are not the same as other hire car companies. We are a family owned Sydney car rental business with a focus on customer service.

Lastly, we have include a free 24/7 road side assistance to every single car hire. As we want you to be safe on the road and enjoy the trip as much as possible.

We will go the extra mile to make sure your car hire experience is as stress free and economical as possible.

If you need something special, our staff will go out of their way to make sure you get it!

Conclusion

So, no, not all hire car companies are the same. And that is why our customers keep coming back to us at Low Cost Car Rentals Sydney time and time again.

Our fleet includes small, economy cars, sedans, SUV’s and vans.

We will happily organise a quote for you and stay true to our motto. We guarantee that the price we say is the only price you will pay!

Cheaper Holidays without compromising on Car Rentals

They are plenty of tips to save on car rentals. However saving on each item in your itinerary will not make your holidays better, it will only make it cheaper. The best way to save on holidays is to not be caught in stereotyping.

Obviously the best time to visit Sydney is in summer. It comes with Christmas on the Beach, Santa Clauses in shorts and plenty of Boat Parties and Dinner cruises in the Harbour. This also comes with the price.

Guess what, the Sydney icons such Harbour Bridge, Opera House and Anzac Bridge will not run away as the temperature drops. Did you know that you can save up to 44% on your hotel rentals and up to 61% on the flights by simply visiting Sydney in the less busy time?

Sydney’s beautiful beaches remain just as popular as ever, for coastal walks, whale watching, dining and even swimming — with many outdoor pools heated through the winter months.

And of course, there are boundless activities to be found indoors too, in pubs, wineries and cultural institutions.

Here’s our top 5 best activities to enjoy in Sydney this winter holidays.

1. Climb to the top of the world

A quintessential Sydney experience for tourists and locals alike, the Sydney Harbour BridgeClimb is open for winter ascents on Sundays. The air may be crisp but it’s also particularly clear, making those sunsets spectacular. BridgeClimb provides winter woollies to warm those muscles as you climb to one of the best views in the world.

Harbour Bridge view from Botanical Gardens

Botanical Gardens in Winter

2. Swim outdoors

There’s no need to avoid Sydney’s crystal blue waters and stunning coastal views just because it’s winter. Some of the best swimming pools in Sydney heat their lanes throughout the colder months. Enjoy that stunning view of the Harbour Bridge while swimming laps at North Sydney Pool, next door to the iconic Luna Park. The pool at Prince Alfred Park, next to Central Station, is also heated and has water temperatures set to a comfortable 26C.

3. Take a coastal walk

Get those legs moving and heat back in the body doing the Manly to Spit walk or the Bondi to Coogee Coastal Walk. Whether you’re a history buff, beach lover, or simply love nature, there’s something for everyone along the way. From Manly Wharf, the coastal trail winds past Dobroyd Head, one of the walk’s most scenic locations, and onto the military barracks at Bradleys Head.

Manly to Taronga Zoo coastal walk

Manly Beach in Winter

4. Watch some whales

May to November is whale-watching season when thousands of humpback whales migrate along the coast of NSW to give birth in the warm waters off Queensland. The best places to spot them are from North Head Lookout at Manly and Cape Solander in the Kurnell section of Kamay Botany Bay National Park. For a view from the water, plenty of cruise companies offer whale watching tours. So grab your binoculars, sit back, relax and enjoy nature’s best show.

Whale watching in Sydney Harbour

Whale watching in Sydney Waters

5. Warm up with winter reds

When it’s very cold outside, sometimes there’s nothing better to do than sit indoors with a warming glass of wine. Take a tour with a winemaker to Hunter Valley or Mudgee, sample a cheese plate at the cellar door, or impress your friends after taking a food and wine pairing class.

What is next?

If you saved too much on your holidays and had enough of relaxing Sydney, may be it is time to go skiing or snowboarding in the busy Sydney areas. Kosciuszko National Park is only 500 km drive from Sydney. You will be transferred from low +20 Celsius to minus something in Perisher or Thredbo. A day of the winter fun can cost as little as $80 pp.

The list of things to do goes on. It is perfect season for hiking. It is not too cold to go camping. Have I mentioned the amount of food and drink festivals? Here it goes and it is not complete:

  • Parramatta Winterlight.
  • Bondi Winter Magic.
  • Bathurst Winter Festival.
  • Snow Time in the Garden, Hunter Valley.
  • Winter Magic Festival, Blue Mountains.
  • Skating At Cathedral Square.
  • Winterfest Sydney Medieval Fair.
The Grounds, Alexandria NSW

The Grounds in Alexandria

Be aware, you might fell in love with Winter Sydney and will want to visit it again… in winter 🙂

To get the best Car Rentals Deal while you are in Sydney please call Low Cost Car Rentals.

Using Toll Roads in a Rental Car

A number of toll roads in Australia are cashless and only accept payments via an electronic tag or online. It is not uncommon for travellers to get caught out when driving through toll roads in a rental car. If you are driving interstate or if you are an overseas traveller in a hire car, you need to pay your tolls within a certain time frame to avoid paying any extra fees.

For short period rentals, you possibly could just pay the tolls online as you travel. You will need to know the name of the road you travelled and find the website of the correspondent authority online.

If you intend to rent a car for a few months or longer, we would recommend you to open an e-tag account, those are only paid as you travel and don’t involve any monthly or annual fees. It will also be handy if you travel to Australia often. It is easy to link and de-link any cars to your account. Thus you would register the account only once, then keep updating the number plates of the hired car in the system of the tolling company. Technically you will not even need to carry your e-tag device in the rental car with you. Although it is recommended to avoid paying extra fees for the number plate identification.

To help you out with your next long term car rentals in Australia, here is an outline from Low Cost Car Rentals on how to obtain the toll roads pass for up to 30 days period.

New South Wales (Sydney)

RMS eMU Pass

Motorists are required by law to pay the toll when they drive on a toll road. If you don’t have an electronic tag, you can set up a electronic pass before you leave home or up to three days after you travel on a toll road. You will have up to 3 days to set up the Pass, if you happen to use the Toll roads without a e-Tag.

What are the costing Involved?

  • $1.50 online start up fee
  • Relevant toll charge plus a $0.75c video processing fee for each toll

How to set it up?

  • You can call them on 13 18 65
  • You can set up a Pass using the RMS Online service via the following link and click on eMU pass link Paying tolls

To see the map of the toll roads or estimate the cost of using them, please visit Toll Calculator

Victoria (Melbourne)

CityLink

You will have up to 3 days to set up the Pass, if you happen to travel on one of their Toll roads.

What are the costing Involved?

  • $5.50 online start up fee.
  • Relevant toll charge plus a $0.75c video processing fee for each toll

How to set it up?

  • You can call 13 26 29
  • You will find all the Passes CityLink sell via the following Link Buy a Pass.

To check the tolls prices, please see here.

Queensland (Brisbane, Gold coast, Cairns)

goVIA

You will have up to 3 days to set up the Pass, if you happen to travel on one of their Toll roads.

What are the costing Involved?

  • The relevant Toll plus
  • Video processing fee for each toll (To find out the Video Processing fee, please call 13 33 31, as they change it from time to time)

How to set it up?

  • Can call 13 33 31
  • Buy a pass on their Website via the following Link Go via Road Pass.

You can calculate your toll here.

Cheap car rentals – 5 myths busted

True or false - cheap car rentals

1. Car rental near airport is very expensive.

It is true, the space within the airport car park and a kiosk right next to the arrivals are costly. So companies who you normally see there, would have higher rates than normal car rentals. They need to cover up for all the expenses.

But it does not mean that you should avoid all the near-airport car rentals altogether.

Usually the airports are located in non prestige suburbs or in industrial zones. An office only a kilometre away from the arrival gate is much cheaper. There must be some car hire agencies who are located there.

For instance, one of the Low Cost Car Rentals depots is located only 2.7km away from the Sydney Domestic and 3.2km from International airports.

We offer free airport pick-up and drop-off on all long term rentals (7+ days). And it is as cheap as 30 dollars both ways for short term hires.

In reality, we love Sydney visitors so much, we often offer free unlimited kms package and GPS on long term rentals. All of those are worth more than 25 dollars per day.

I personally believe, the car rental agencies near airports are the most professional ones. They have to deal with a lot of customers from overseas therefore their standards are much higher.

2. Shared cars schema is cheaper than usual car rental companies.

There was a lot of excitement when we first saw our neighbours offering their cars for rent for cheap prices.

It was good at first until those car owners faced first troubles. Cars often were left in prohibited areas. Parking fines, tolls notices, light scratches and dirty interior that nobody will ever pay for.

It all led to the new restrictions. You must be an approved member to rent the car. Usually it involves an annual fee regardless of whether you would even need a car that year.

The price might still look cheap, however you will understand later that it is not final. You will have to pay each kilometre you travel. You will need to have your own GPS or baby seats if you need them.

To conclude, the shared car can be cheaper than a cab if you just need to travel short distance then back. Nothing else seem to be worth it.

3.GPS is too expensive, i will use my phone.

Firstly, lets assume you have the phone holder to secure your phone in the car. So now you are able to follow the directions without the need to juggle the phone in your or your passenger hands.

Secondly, we would assume, you have unlimited mobile data and all-around country mobile coverage.

I already doubt you have all the above.

Now, how about the reception? Do you have it while at the car park in the shopping centre? How often it is getting lost in the tunnels and how long it takes for the signal to recover?

You still think 5 dollars a day or free GPS on long term rentals is not an option?

4. I can get away with not registering the additional driver.

This is a very dangerous myth. It is not up to the car rentals companies to decide who is guilty in the accident. It is not them who is charging you when you have an incident.

Touch wood, if anything happens and it is the additional drivers fault. Just because they were not registered as the driver of the vehicle, the insurance company would decline the claim. You will end up loosing the excess and would have to pay for both car repairs and any hospital expenses anyone incurred due to the crash.

The insurance company used by Low Cost Car Rentals only charges a one-off fee to register the driver. It only costs 11 dollars for the whole rental period. Touch wood, but it is a piece of mind.

5. Companies use foreign language for rental agreements.

I can’t say for all companies, but Low Cost Car Rentals contract is written in English and you do not require any form of translation.

If you really unsure about anything in there, you are free to ask questions. Our staff is also fluent in English and therefore easy to communicate with.

Cheap car rental made easy

While a road trip can be a great way to get you away from the everyday hustle and bustle, don’t jump into booking cheap car rental without proper research.

There are indeed many companies offering cheap car rental. Always be careful and consider the following tips. We will try to help you find your best deal so you can hit the road and start exploring.

Cheap car rental

1. Book in advance

When you book in advance you will almost always get a better deal than at the counter. And it’s easier and quicker. The last thing you want to do after a long flight is deal with rental car companies at the airport and negotiate a deal.

Be sure to take all your documents with you as proof of hire and your rates to avoid any hassles (scan and save in your email account).

2. Read the paperwork thoroughly

Before fixing the deal for cheap car rental, make sure that the paperwork is thoroughly studied by you. While rushing through it, you may miss on some important terms and conditions which might turn out a major surprise for you once you are back from your trip. Do not leave room for any doubt or uncertainty. This will save you from paying the extra charges, which we are sure no one really wants.

3. Check the insurance

Most of the cheap car rental come with full insurance. However it is always better to check that you are being covered from every aspect. This will help you understand whether there will be any excess charges or not. Ask the hire company what is your excess in case of the accident. It is important to know what happens if it is a “one vehicle” or “not at your fault” accidents.

Here at Low Cost Car Rental in Sydney we always read the important terms and conditions to our customers. If you hire a car from someone else, make sure you ask those questions before driving away.

4. Stick to the known cheap car rental companies

If you are hiring cars frequently, we suggest you to find one company and stick to it. For example, Low Car Rentals always give some discounts to our return customers. It is not always a money value. Our repeat customers often get free car delivery, GPSs or extra kilometres at no charge.

5. Keep a tab on discounts

There’s no issue if you aren’t regular with the car hire, you are still entitled to get discounts and other free extras. The only thing you have to do from your part is to ask for it. Also, don’t forget that most of the companies offer “Price guarantee” policy. Get a quotation from another car rental company where it clearly states what car they offer, kilometres allowance and insurance excess amount with the price in the local currency (e.g. AUD in Australia). You will most probably get the same deal from any other place. Low Cost Car Rentals often beat price by offering further discounts. Unfortunately it is always a subject to the cars availability and might not work with another discount or offer (e.g. free GPS or Unlimited kilometres package).

6. Check the fuel policy options

Almost all rental car companies will require you to return the car with the same amount of fuel it had in the tank at pick-up. Others operate a fuel policy where you, the renter, must purchase the first tank of fuel and may drop the car off empty. In this case, there may be no refund for unused fuel.

Where the car hire company charges for fuel, the cost may be higher than it would be at a local petrol station.

7. Age requirements

In most locations, the minimum rental age is 21 years. Additional fees can apply with certain car rental companies for drivers aged under 25 years or over 65 years. They are defined as more at “risk” drivers.

If you’re not yet over 25 years but are traveling with a companion who is, have them be the designated driver to save on this cost.

8. Additional driver fee

Extra fees typically apply for additional drivers. If you can get by with having only one designated driver you’ll typically save $15 per day. Of course, NEVER run the risk of driver fatigue, a few extra bucks is nothing when it comes to your safety and that of others on the road!

9. Additional state taxes and admin fees

Be aware of additional state taxes and fees that may apply if you cross state borders. And don’t lie about where you are taking the vehicle, because if you have an issue you probably won’t be covered by insurance! Always ask the rental company of any restrictions of the vehicle use. Don’t forget to ask if the quotation you got includes all the administration fees and is final. So you will not be mandated to pay extra money when picking up the car and will be in the situation where you have no choice but paying it.

Here in Low Cost Car Rentals, all our prices and quotations we issue are final. Remember it is often issued with an assumption that you are over 25 years old and hold a full Australian Driver Licence. If you don’t meet the age requirement or still on your Ps, make sure to tell the rental company about in advance.

10. Don’t use your debit card

Book using your credit card. Not only for added consumer protection and rewards points if it’s a rewards card, but rental companies tend to hold a larger deposit for use of debit cards and the hold on your deposit may take days to be returned.

11. Inspect your car before driving away

Do a thorough inspection of your rental car before driving out of the lot. If you find any damage fill in the documentation (get a copy) and take pictures with your phone so you have a time & date stamp. You don’t want to be held liable for damage from a previous driver.

Remember, You are entitled to do any checks you feel required. You can start the car, check the lights and air conditioning are working. Obviously all the car rental companies supposed to offer only safe cars to drive and perform all-around checks of the vehicles before offering to you. However, especially in the peak season, it is better to take the extra 15 minutes and have a proper look of the car you intend to hire.

12. Extra day may be cheaper

Cheap car rental often start when you hire a car for long term. Sometimes a 7-days deal can be cheaper than a 6-days one.

Often if you pick up the car at 9am and return at 10am, it can count as an extra day. Make sure you ask the car rental staff on how you can save on your rental prices. May be you can drop a car a little earlier to avoid paying the extra day. Sometimes, dropping off the car on a public holiday can involve the holiday surcharge.

If you can make a note of these points, can help you comparing the car rental prices from different companies. Also, you will be able to save money on car hire along with enjoying a leisure trip.

Cheap car rental deal is a good way to start your journey.

Rent vs Own II

Rental cars for long term or buying a vehicle – Scenario #2

Rental Cars vs Owned

We have already proven that buying a brand new car when you only use it over the weekends is 3 times more expensive than rental cars.

You can do a quick recap over here: Long Term Car Rentals VS Buying Car – Scenario #1.

The calculations in the previous post were around medium size car Toyota Corolla.  If you were to rent a people mover (7 or 8 seater), you could expect the purchase price would be even higher. Therefore hiring such vehicle will save you more money than owning one.

Lets put another life style under the review.

Scenario #2. Extremely active family. Driving from and to work on a daily basis, constantly taking kids to school, driving to shops multiple times a week.

Now, lets also assume they are taking long holidays a few times a year – Snowy Mountains for 3 weeks in winter, Byron Bay for 2 weeks in spring, 2 long weekends in Jarvis bay during summer and 2 days at the Blue Mountains in Autumn. Not to mention, they like camping so would need a 4WD for most of their adventures.

Wow, we have one of the target of finding the cheapest option for those guys.

As you can guess, buying a 4WD just like renting one for the whole year will be very expensive. Nevertheless renting will still be cheaper. A brand new Toyota Kluger AWD would cost you at least 44,000.00$. Interests on such loan will be through the roof.

Our goal this time is to minimise the family expenses so they still have some money left to have fun at all those places they are visiting.

To achieve the goal, we will need to come up with a mixed option. Don’t forget rental cars can be changed almost every day.

You can go from a very cheap option renting a Hyundai Getz or similar. A week later you could rent a 12-seater mini bus in case your relatives are in town. Then, you can hire a Four Wheel Drive to go to snow in winter or camping in summer.

 

Rental cars

 

Lets roughly calculate how many days you would need the all wheel drive for.

3 weeks in Kozciuszko National Park is 21 days. Renting a 4×4 car will cost about 70$ a day, that rate would include the unlimited kilometres and insurance with default excess. The price for the whole period will be 1470$.

2 weeks in Queensland is 14 days. The total will be 980$.

6 days down south in Jarvis Bay and 2 days up at the Mountains will come to 8 x 70 = 560$.

Lets add at least 3 weekends camping, another 420$.

The total cost for renting the AWD would come to 3430$ annually. I don’t see a reason to continue calculating. There would be no way you can buy even used 4WD for this amount of money.

Its not over, we shall find out what would the family do for the rest of the days when they need to go to work and drop kids to school?

There is roughly 240 working days in the year. Renting a medium size car like Toyota Corolla would cost you 240 x 35 = 8400$.

Guess what? This active family still paid less than a cost of the used car from the scenario #1 (to remind you the previous family sold it for 15,000.00$).

Once again, when hiring a car, you don’t need to pay any extras except your rental fees. When buying one, you pay for the service, road side assistance and insurance out of your pocket.

So scenario 2 proves rental cars for any of your needs all year round are still cheaper when buying a used vehicle and paying all the extra costs for its registration, maintenance and insurance.

Rent VS Own

Long term car rentals or buying a car – Scenario #1

What is cheaper – long term car rentals or owning a car?

Long term car rentals vs Owned cars

I have been asked this question way too often. Therefore I became curious myself and did some calculations. I had proven, these days it is potentially easier and much cheaper to hire a vehicle rather than buying one.

Below is to prove the statement above is legitimate.

Firstly, we will have to make a few assumptions:

 

Assumption #1. A person or a family changes cars every 3 years.

Assumption #2. There is always a rental car company available in your area.

Assumption #3. You are over 25 years old with a full Australian driver licence and have not lost any demerit points in the last 3 years.

 

Secondly, we would want to do similar calculations for different life styles.

Here is the Scenario #1. Young family, active life style involves a lot of travelling. The public transport is used to get from and to work. Car is mostly used on the weekend to visit family and friends, do shopping and go on hiking or to the beach.

 

Buying a car.

Lets use the calculator on the Toyota website: Car Loan Calculator

Here we are going to buy a delightful Toyota Corolla 5 doors Hatchback Petrol (latest model). We will take the 3 years loan with 5000$ deposit. The calculator shows the cost of 921.62$ monthly with 7.5% interest rate. The repayments part will equal to 33,178.32$ for 3 years, so the total car price including the deposit money will become 38,178.32$

Toyotas are one of the best cars in the world, the most reliable and the dealers are freely offering drive-away prices, means you do not need to pay anything for the registration and green slip for the first year. However the consequent years will cost you approximately 1200$ annually. So it is 2400$ for 3 years.

The expenses don’t end here. To get the best out of your warranty and not to get into a trouble with your car, you will have to service your vehicle regularly. You can find the service fees from one of the Sydney Toyota Dealers here Toyota Capped Price Servicing.

Here we are assuming you don’t travel more than 400km a week. That would come to 20800km a year, around 62400km for the period of 3 years. Considering above, each service would cost around 140$. Please note that in case you need the new oil, engine or suspension service, tyres or break pads replaced, it is charged on top. Approximately 50$ each time. According to this schedule Toyota Service Intervals you will need to service your car at least 6 times in 3 years. That brings the total cost to (140 + 50) * 6 = 1140$.

The expenses list goes on. Nowadays it is absolutely essential to have the 24×7 road side assistance. Costs 199$ annually and comes to 597$ for 3 years.

Now, the most interesting part – the insurance. Considering that most of the hired cars have comprehensive cover included in the rental fees, would be fair to base our calculations as we were to purchase the full comprehensive insurance. That is where we need the assumption #3. If you are a driver with a good driving history you can be lucky to get the cheapest premium which is about 1000$ a year. This brings us to 3000$ expense over 3 years.

Fortunately, we can sell the car in 3 years and get some money back. Lets check Car Sales to know how much we can expect. Luckily, Toyotas always keep their resale value, you can get impressive 15000$ back when selling the vehicle.

 

Rental vehicles.

Lets review the above and see what fees are applicable when renting a car.

Car cost are equivalent to the rentals fees. It would be about 70$ for 2 days each week with 400km included. Brings it to 3640$ a year.

Registration and green slip – 0$.

Servicing – 0$. The Rental Cars Company takes care of it for you, you just need to bring the car back in time.

Road side assistance – 0$. Because it is included into the rental fees of the most car rentals.

Insurance – 0$. The default insurance is already included.

 

To conclude:

 

* buying a car for 3 years will cost you 45,315.32$ but you will get 15,000.00$ back. Surprisingly the cost of owning the car over 3 years was 30,315.32$.

* renting a car for 3 years would cost you 10,920.00$.

As per above, hiring a vehicle is almost 3 times cheaper than owning a car. Also, lets not forget the rental cars are almost hassle free. And that is the reason why the car hire is in demand these days.

The only benefit of buying a car, you will get to drive a brand new vehicle with that factory smell in it that eventually goes away. Obviously, new cars can be a disadvantage to some who knows the pain of getting the first scratch.

Feel free to perform your own calculations if you think of checking whether buying a used car will make much difference. Obviously, the vehicle would cost you less but servicing of a used car always involves bigger cost. There could be additional costs of pink or blue slips depends on the car age. Lets not forget, the resale value of the older vehicles might not be as attractive.

Car Rentals vs Public Transport

Rent a car Vs Public transport in Sydney

Rent a car vs Public Transport

Are you wondering to rent a car or catch a train while in Sydney?

You are not alone. This is probably the most asked question on Travel Forums.

Every tourist visiting a country would always ask themselves how to get around the destination quicker.
We always want to see as much as possible in such short period of stay.

Renting a car always involves risks in case you do not have enough experience or you do not have a place to park it while staying at cheap hotels.

Getting around on the public transport is a little bit cheaper. However you are limited to the public transport network.

Let’s investigate all the pros and cons of both solutions.Continue reading