Decisions, decisions
Thread Starter
Team Owner
Joined: Mar 2001
Posts: 30,847
Likes: 293
From: Boston, Dallas, Detroit, SoCal, back to Boston MA
Decisions, decisions
Well, work finally came through with a long term commitment for me to stay out here in California.
An apartment is part of the deal, but so is a rental car, currently the latest generation Mustang, which I’m really enjoying taking out to track events!
The question is what to do when I bring the Vette out here.
Work will still pay for a rental car, or they’ll pay me to use my own car instead.
So, should I take the $$$, or let them pay for something that will haul the Vette to track events, and use it as my daily driver?
An apartment is part of the deal, but so is a rental car, currently the latest generation Mustang, which I’m really enjoying taking out to track events!
The question is what to do when I bring the Vette out here.
Work will still pay for a rental car, or they’ll pay me to use my own car instead.
So, should I take the $$$, or let them pay for something that will haul the Vette to track events, and use it as my daily driver?
Burning Brakes
Joined: Aug 2001
Posts: 1,238
Likes: 0
From: walled lake MI
congrats! i'm sure you'll miss the northeast & michigan winters.
regarding your question, assuming they pay you per mile to drive your own car (i think there's a federal standard out there for $0.40/mi now) you actually may end up ahead with going with the rental. i doubt you will get an effective second income for driving your own car.
with the rental i assume you only have to worry about gas. you might then consider knocking down your insurance coverage on the Corvette - save some cash. fewer tires you have to buy in the long run - save more cash. for me, having another car around is certainly worth something too - but putting a $$$ figure would depend on what you think.
regarding your question, assuming they pay you per mile to drive your own car (i think there's a federal standard out there for $0.40/mi now) you actually may end up ahead with going with the rental. i doubt you will get an effective second income for driving your own car.
with the rental i assume you only have to worry about gas. you might then consider knocking down your insurance coverage on the Corvette - save some cash. fewer tires you have to buy in the long run - save more cash. for me, having another car around is certainly worth something too - but putting a $$$ figure would depend on what you think.
Team Owner
Joined: Dec 2000
Posts: 90,675
Likes: 304
From: SE NY
Cruise-In II Veteran
I would look for some way to have two cars as I don't feel too confident racing my DD.
Do they pay driving expenses for the rental or just the lease expense?
How much would they pay for expenses on your own car; would it be enough to pick up a nice DD??
Do they pay driving expenses for the rental or just the lease expense?
How much would they pay for expenses on your own car; would it be enough to pick up a nice DD??
Team Owner
Joined: Sep 2003
Posts: 20,177
Likes: 673
From: Freedom is never more than one generation away from extinction.
St. Jude '03 thru '24
Originally Posted by BrianCunningham
Well, work finally came through with a long term commitment for me to stay out here in California.
An apartment is part of the deal, but so is a rental car, currently the latest generation Mustang, which I’m really enjoying taking out to track events! The question is what to do when I bring the Vette out here.
Work will still pay for a rental car, or they’ll pay me to use my own car instead. So, should I take the $$$, or let them pay for something that will haul the Vette to track events, and use it as my daily driver?
An apartment is part of the deal, but so is a rental car, currently the latest generation Mustang, which I’m really enjoying taking out to track events!
The question is what to do when I bring the Vette out here.Work will still pay for a rental car, or they’ll pay me to use my own car instead. So, should I take the $$$, or let them pay for something that will haul the Vette to track events, and use it as my daily driver?
Enjoy the sunshine state
Thread Starter
Team Owner
Joined: Mar 2001
Posts: 30,847
Likes: 293
From: Boston, Dallas, Detroit, SoCal, back to Boston MA
Originally Posted by 65Z01
I would look for some way to have two cars as I don't feel too confident racing my DD.
Do they pay driving expenses for the rental or just the lease expense?
How much would they pay for expenses on your own car; would it be enough to pick up a nice DD??
Do they pay driving expenses for the rental or just the lease expense?
How much would they pay for expenses on your own car; would it be enough to pick up a nice DD??
If I use my own I get 55% of the lease plus the $52/day
to think I was out of work for two years, and was 1 month from losing everything, what a difference a few months make
Team Owner
Joined: Aug 2000
Posts: 40,156
Likes: 45
From: San Pedro CA
Brian - CONGRATS!!!!!!!!!! 
That is GREAT news!!!
I am in your boat... that last month is looming close... ick.
I don't know what to tell ya... It's too late for me to do math.
Just remember to clean off the fender. And hope they don't surf the forum looking for pics.
That is GREAT news!!!
I am in your boat... that last month is looming close... ick.
I don't know what to tell ya... It's too late for me to do math.
Just remember to clean off the fender. And hope they don't surf the forum looking for pics.
Team Owner
Joined: Dec 2000
Posts: 90,675
Likes: 304
From: SE NY
Cruise-In II Veteran
Man I hear ya; I've been out of work for nearly 3yrs now and had to apply for early SSA benefits.
Anyway, that sounds like a sweet deal that gives you have a copla good options.
1-use the 55% of lease to pay down debts and build up some cash reserve quickly
2-take the 55% of lease and buy another Vette, depending on finances
3-use part of the $52/day (~$1.5k/mo) to stash put away spare cash for another Vette.
Which option works best depends on factors like how secure is the position, any debts that need to be paid down, what you intend to do with your Vette and personal comfort level.
Personally I like to have a few $$ stashed away and a second car to chase parts for the Vette. I guess I'd do the math, set my priorities, come with a plan and go for it.
Congrats on the good fortune and good luck.
Anyway, that sounds like a sweet deal that gives you have a copla good options.
1-use the 55% of lease to pay down debts and build up some cash reserve quickly
2-take the 55% of lease and buy another Vette, depending on finances
3-use part of the $52/day (~$1.5k/mo) to stash put away spare cash for another Vette.
Which option works best depends on factors like how secure is the position, any debts that need to be paid down, what you intend to do with your Vette and personal comfort level.
Personally I like to have a few $$ stashed away and a second car to chase parts for the Vette. I guess I'd do the math, set my priorities, come with a plan and go for it.
Congrats on the good fortune and good luck.
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Top 10 Corvette Engines RANKED by Peak Torque (70+ Years of Muscle!)
Joe Kucinski
Corvette ZR1X Will Be Pacing the Indy 500, And Could Probably Race, Too!
Verdad Gallardo
Top 10 Corvettes Coming to Mecum Indy 2026!
Brett Foote
Top 10 C9 Corvette MUST-HAVES to Fix These C8 Generation Flaws!
Michael S. Palmer
10 Revolutionary 'Corvette Firsts' Most People Don't Know
Joe Kucinski
5 Reasons to Upgrade to an LS6-Powered Corvette; 5 Reasons to Stay LT2
Michael S. Palmer
Delete then?
Le Mans Master
Joined: Apr 2000
Posts: 5,713
Likes: 105
From: Manassas VA
Does Ca. require you to register the vehicle in that state afrer 30 days? Some states do and the police usually watch apartment complex for these vehicles. If the above does apply would your vette pass a ca. emissions inspection?
Thread Starter
Team Owner
Joined: Mar 2001
Posts: 30,847
Likes: 293
From: Boston, Dallas, Detroit, SoCal, back to Boston MA
Originally Posted by 93 ragtop
Does Ca. require you to register the vehicle in that state afrer 30 days? Some states do and the police usually watch apartment complex for these vehicles. If the above does apply would your vette pass a ca. emissions inspection?
Bogus, there's work up this way, the commute would stick, but it's work, and the pay is real good.
Thread Starter
Team Owner
Joined: Mar 2001
Posts: 30,847
Likes: 293
From: Boston, Dallas, Detroit, SoCal, back to Boston MA
Found out it's a flat $450/mo if I used my own car.
On top of that I checked out a place today. It's a two story townhouse with attached two car garage, plenty of space for both the Corvette and my boat project, for $1,200 a month. Work's also giving me 55% of 3,000/mo ( my current hotel bill ) to get my own place.
On top of that I checked out a place today. It's a two story townhouse with attached two car garage, plenty of space for both the Corvette and my boat project, for $1,200 a month. Work's also giving me 55% of 3,000/mo ( my current hotel bill ) to get my own place.
Drifting
Joined: Feb 2004
Posts: 1,485
Likes: 2
From: Champaign, IL
St. Jude Donor '05
dang I'm out of work too you need any help out there? I was just looking at this beautiful IL weather two weeks ago thinking how nice it would be to live somewhere warm where I could fire up the motorcycle and cruise around in Jan or Feb. Congrats on the new job, it sounds like a good one 
I was just looking at this beautiful IL weather two weeks ago thinking how nice it would be to live somewhere warm where I could fire up the motorcycle and cruise around in Jan or Feb. Congrats on the new job, it sounds like a good one
Racer
Joined: Jul 2004
Posts: 434
Likes: 0
From: Santa Barbara Minnesota
Originally Posted by BrianCunningham
Well, work finally came through with a long term commitment for me to stay out here in California.
An apartment is part of the deal, but so is a rental car, currently the latest generation Mustang, which I’m really enjoying taking out to track events!
The question is what to do when I bring the Vette out here.
Work will still pay for a rental car, or they’ll pay me to use my own car instead.
So, should I take the $$$, or let them pay for something that will haul the Vette to track events, and use it as my daily driver?
An apartment is part of the deal, but so is a rental car, currently the latest generation Mustang, which I’m really enjoying taking out to track events!
The question is what to do when I bring the Vette out here.
Work will still pay for a rental car, or they’ll pay me to use my own car instead.
So, should I take the $$$, or let them pay for something that will haul the Vette to track events, and use it as my daily driver?
Team Owner
Joined: Aug 2000
Posts: 40,156
Likes: 45
From: San Pedro CA
Originally Posted by 93 ragtop
Does Ca. require you to register the vehicle in that state afrer 30 days? Some states do and the police usually watch apartment complex for these vehicles. If the above does apply would your vette pass a ca. emissions inspection?
Thread Starter
Team Owner
Joined: Mar 2001
Posts: 30,847
Likes: 293
From: Boston, Dallas, Detroit, SoCal, back to Boston MA
That might not be so bad for me.
MA has California standard now, but most the testing sites wouldn't know what CARB stands for.
So the irony is, I might be able to do more to my car here!
Also it looks like I'll have to shop elsewhere for a rental if I want to actually tow the Vette to the track. AVIS not only does not rent trucks, but they don't allow any towing at all.
On the other hand, there's plenty of room in a two car garage to keep a tire trailer.
MA has California standard now, but most the testing sites wouldn't know what CARB stands for.
So the irony is, I might be able to do more to my car here!Also it looks like I'll have to shop elsewhere for a rental if I want to actually tow the Vette to the track. AVIS not only does not rent trucks, but they don't allow any towing at all.
On the other hand, there's plenty of room in a two car garage to keep a tire trailer.
