Car Next Door v Rental comparison
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Instructions:
1. You can change the values in the pink cells – e.g. cost per day, fuel and excess reduction
2. Using column C for hourly bookings or column D for daily bookings, enter the trip distance (in kilometres) in row 8 and the time (hours or days) in row 9
3. The table will update with the calculations for your proposed booking, with and without reduced excess/Damage Cover Liability.
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MonthlyBooking feePer HourPer DayPrice per km (NB: for a rental car, estimate the fuel cost)Standard Excess (for drivers over 25 y.o.)Minimum ExcessDaily cost to reduce excess to minimumHourly Excess Reduction
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Car Next Door Featherweight plan$0.00$5.00$5.00$25.00$0.33$2,000.00$500.00$18.00$1.50
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Car Next Door Heavyweight plan$19.00$0.00$5.00$38.00$0.33$500.00$500.00$0.00$0.00
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Rental Car $0.00$0.00$0.00$50.00$0.10$0.00$0.00$0.00$0.00
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Hourly useDaily use
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Trip distance3582200
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Trip time – hours (column C) or days (column D)5
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Scenario hour / 358km5 days / 2200km
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Total amountCar Next Door Featherweight plan - Default DCL ($2000)$123.14$856.00
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Car Next Door Heavyweight plan - Default DCL ($500)$118.14$916.00
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Rental Car - Default DCL ($0)$85.80$470.00
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Total amount (minimum Excess)Car Next Door Featherweight plan - Reduced DCL ($500)$123.14$946.00
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Car Next Door Heavyweight plan - Reduced DCL ($500)$118.14$916.00
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Rental Car - Reduced DCL ($0)$85.80$470.00
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