vacationclub said:14 hours....each way....total of 26 hours on the road? To save $400?
That's 1700 miles. The IRS puts the cost of gas, depreciation, maintenance and general operational costs for your vehicle at about $935.
Plus extra meals for everyone on the road.
Plus the extra risk of accident compared to flying.
Plus the loss of time, perhaps from work or something else.
Just because you don't see a bill directly doesn't mean that driving isn't costly.
No brainer; Fly.
Yes the IRS depreciational cost is about 0.51 a mile but thats their figure because most people that deduct vehicle cost use trucks that get 10-15 mpg so if your vehicle gets better your actual cost won't be that high.
14 hours....each way....total of 26 hours on the road? To save $400?
That's 1700 miles. The IRS puts the cost of gas, depreciation, maintenance and general operational costs for your vehicle at about $935.
Plus extra meals for everyone on the road.
Plus the extra risk of accident compared to flying.
Plus the loss of time, perhaps from work or something else.
Just because you don't see a bill directly doesn't mean that driving isn't costly.
No brainer; Fly.
Yes the IRS depreciational cost is about 0.51 a mile but thats their figure because most people that deduct vehicle cost use trucks that get 10-15 mpg so if your vehicle gets better your actual cost won't be that high.
Whether you worry about the higher risk in driving or not doesn't take it out of the equation. It still exists even if you care to ignore it.Higher risk of accidents while driving - not something I worry about. The time in the car is part of our vacation, to my family, not wasted time. We would always rather not deal with the hassles of flying if it's practical for that particular trip (and I even live pretty close to the airport).
Which is what I tried to say in my first post - answers will vary based on people's preferences.
Yes, and like I said, in my family's case - we don't mind driving. Maybe I should have said we prefer to drive. Even at the $.50/mile which I already factor into our cost, it's usually cheaper for us to drive. Given typical flight prices that I have gotten, it's usually at worst a wash, sometimes a few hundred savings to drive. Plus I would add in parking at the airport, and we would rent a car in FL as well if we flew (and I wasn't even factoring that in when I answered). Higher risk of accidents while driving - not something I worry about. The time in the car is part of our vacation, to my family, not wasted time. We would always rather not deal with the hassles of flying if it's practical for that particular trip (and I even live pretty close to the airport).
Which is what I tried to say in my first post - answers will vary based on people's preferences.
vacationclub said:The IRS rate hasn't been .51 in a long time....it's .555. And it says nothing about cars that get 10-15 miles per gallon...which is a small fraction of cars on the road. And why would they cater to that group anyway? It's for using your vehicle (not just a Winnebago or a Hummer) to drive somewhere and get reimbursed for it's use. It's a formula that determines the average cost of using a car. Note..."average". I get paid .555 all the time and my vehicle get's nearly double your figures in MPH.
But, even at your old number of .51/mile it's $867. Plus time. Plus risk. Plus meals. Plus responsibility of driving vs. sleeping, reading a book.
The key question here to the OP is, how much is the actual airfare for everyone involved? The OP said $400 more than driving, but how did the OP arrive at that figure?
Whether you worry about the higher risk in driving or not doesn't take it out of the equation. It still exists even if you care to ignore it.
The wasted time issue is all relative to something else you had to sacrifice, like hours at work, time with someone else, etc. Otherwise you might as will say that walking to Orlando is not wasted time because...you're on vacation.
What are the "hassles of flying" that you mentioned?
Now, if you LIKE the drive, and it's part of your experience, then that's another issue altogether. But if it's just a question of cost for each choice of getting from A to B....flying seems to be a better deal by a significant margin unless flight costs are very high.
OP, please state your flight costs, that can help others add more info to the discussion.
They allow .555 because that is the average cost. So why isn't it a "true" cost? It's only an inflated amount if you're driving a vehicle that is more efficient, with less maintenance, and less deprecation that the "average" car. Some peole might have this situation, some might not.My bad!
I don't claim to be an accountant, but the point I was making is that it isn't a true cost to use the IRS's figure of .555 you say because for starters that is the amount you are allowed to deduct per mile, it doesn't matter if your real world costs are .25 per mile or $1.00 per mile, they allow ".555"
So you're saying the IRS gives you more than you need? Stop the presses!So the use of their formula was what I was questioning because as you said its an average. Which its more than enough to cover the cost of operating a vehicle that gets 10-15 mpg (my 3/4 ton cargo van gets 12) which is why I used those numbers because I know most people do not drive such vehicles.
vacationclub said:.
Even if you're driving the most efficient, least depreciating, lowest maintenance car on the road, and you only need about .25/mile, that still adds to more than the $400 claimed by the OP....not including all the other factors I mentioned such as risk, time, comfort, food cost, responsibility.
Fly.