best way to Rent a car for commute temporarily?

If they won’t be driving much, why not just uber/Lyft?

EP32k2 wrote: ↑ If they won’t be driving much, why not just uber/Lyft?

They will be driving multiple times a day.
Kilometer wise, they wont be driving much is what i meant to say.
For convenience wise, they would like to avoid uber/lyft. great suggestion tho

asgas1f1ca5 wrote: ↑ They will be driving multiple times a day.
Kilometer wise, they wont be driving much is what i meant to say.
For convenience wise, they would like to avoid uber/lyft. great suggestion tho

If that’s the case. Doing a lease takeover is probably easiest. Leasebusters is one of the main sites.

Rent a wreck is the only thing I can think of, do not have any experience with them nor does anyone I know. No idea on cost either but the name would imply cheap.

See if their work has a discount with rental agencies? I have an account for my businesses with Enterprise and get great rates on long term rentals with extra insurance.

If you have a CAA, Goodlife, Perkopolis, or Costco membership they all offer 20-25% discounted rentals with unlimited KM.

Rented a 2020 Grand Cherokee for 5 days for $105 and a 2019 Buick Regal Turbo for 5 days for $105. Compact cars might be a fair bit cheaper than that. Depends on the area.

Not sure if Toronto has Turo or not. Check that out too.

Seems like economics and convenience clashes.
Reality, best economically is lending them a car that's hardly used.
Best convenience, they go rent a car weekly.
Other options, public transit/walk/ride a bike/scooter.
They could purchase a used car, but not sure how ownership/insurance will work out with "international" licenses.

Check on insurance and credit eligibility before doing that.

If you are putting that car under your name and you are paying for everything and lend the car to them would probably be the easiest, especially if they are not from Canada.

But any screw up they do is on you.

Turo

I was under the impression you cant do lease takeovers with so little time remaining.
Go buy a $1000 car. Scrap it and get $500 after they leave.

tomboylols wrote: ↑Turo

Just be aware since it's over 1 month of rental, regardless of Turo/traditional rental, CC CDW coverage will lapse.

And if I recall (unless they changed it), there is some gotchas with Turo's insurance.
EDIT: Still the same, all their CDW plans doesn't cover mechanical and interior damages.

Otherwise, Turo could be 30% cheaper than traditional rental agency for multi month rental.

We are talking months here. Buy a junker and sell it when they leave. Who the hell moves for months? Sound like nothing but inconvenience.

Lemme guess. Will disappear when it comes time to return to motherland. Live of welfare.

Xtrema wrote: ↑ Just be aware since it's over 1 month of rental, regardless of Turo/traditional rental, CC CDW coverage will lapse.

And if I recall (unless they changed it), there is some gotchas with Turo's insurance.
EDIT: Still the same, all their CDW plans doesn't cover mechanical and interior damages.

Otherwise, Turo could be 30% cheaper than traditional rental agency for multi month rental.

Turo provides insurance via Intact Insurance and some cars have long term rentals. Just schedule with the host. It should be a lot cheaper.

sebakaa wrote: ↑ I was under the impression you cant do lease takeovers with so little time remaining.
Go buy a $1000 car. Scrap it and get $500 after they leave.

Easier said than done. Wouldn't we all love to buy a car for $1000, drive it headache-free for few months and then sell it for $500?
Are we talking about a car that is certified with emission test completed?
Safe to drive and working properly, including breaks?
While this is not impossible, you will have to take a chance, which means on average, this will cost you much more, one way or another.

What will be insurance rate for someone who doesn't live in the GTA area?

Someone wrote it costs $100 or so per week for a car rental, IMO that is a great deal and headache free solution. Many people are paying more monthly for the insurance alone in GTA.

Think of the many things that can go wrong with taking a chance on potentially unreliable car.

Better safe than sorry, we are talking about the difference of couple of hundred of dollars.

If you find a solution for a 1000$ or less you will feel like a genius but on the other side, if things don't work out, you will feel like a fool and it may cost you dearly.

There are decent $1000 cars out there. $1000 car + CAA means you will never get stranded. The +/- is the number of months and cost per month.

Also consider buying a $5000 car and selling it at a small loss ($4000).

Some types of cars don't depreciate over a small number of mileage.

dantey wrote: ↑Seems like economics and convenience clashes.
Reality, best economically is lending them a car that's hardly used.
Best convenience, they go rent a car weekly.
Other options, public transit/walk/ride a bike/scooter.
They could purchase a used car, but not sure how ownership/insurance will work out with "international" licenses.

Xtrema wrote: ↑Check on insurance and credit eligibility before doing that.

If you are putting that car under your name and you are paying for everything and lend the car to them would probably be the easiest, especially if they are not from Canada.

But any screw up they do is on you.

It's a long story to explain their situation but my family friends are all Canadian citizens with Toronto home address.
The driver already has Ontario driver license with car insurance that's inactive atm but can be re-activated anytime.
Literally just need a physical car for a few months.

koffey wrote: ↑ We are talking months here. Buy a junker and sell it when they leave. Who the hell moves for months? Sound like nothing but inconvenience.

Lemme guess. Will disappear when it comes time to return to motherland. Live of welfare.

Good guess but completely wrong. Who the hell moves for months? well everyone's situation is different. Thanks for your "Help" anyway.

Thank you everyone for the help. Definitely got good info

firestarter99 wrote: ↑ Also consider buying a $5000 car and selling it at a small loss ($4000).

This is what I'd do.

I just priced 3 months insurance for my new car. It was about $800. A $5-10k car is probably going to be cheaper, but let's say it's $800 anyways due to driver history, car value, whatever. It's my example.
3 months of car rentals is going to be $800/month for a location near me in BC. YMMV obviously, but I'm doing math. Do your own math if you want.


Rent a car for 3 months.
Total cost: $2400.

Buy a $10k car. Pay $800 for insurance. Sell for $8400.
Total cost: $2400.
Sell it for $9000.
Make $600 vs renting.

Or buy a $5k car. Insure for less (let's say $400)
Sell for $4000.
Total cost: $1400. Make $1000 over renting.

asgas1f1ca5 wrote: ↑ It's a long story to explain their situation but my family friends are all Canadian citizens with Toronto home address.
The driver already has Ontario driver license with car insurance that's inactive atm but can be re-activated anytime.
Literally just need a physical car for a few months.

If you go the route of purchasing a vehicle, look into CAA insurance as they have a pay by mileage insurance. May work out cheaper in this situation.