How high?

magithighsmagithighs
in Off Topic Lounge
You're at the airport and forgot to rent a car.

Regularly get a car for 10 or 11 bucks on priceline. Not always though. I can't remember percentage of success.

Cheapest rental is 39 per day.

One shot to winning bid. How high do you go and why?

Comments

  • JohnnieHJohnnieH
    $20?

    Good to hear from you Lou!
  • moosemoose
    If you have one shot, use priceline to find out what the regular offers and bid $2/day below that.
  • magithighsmagithighs
    Good to hear from you guys as well! One shot -- didn't know I could find out regular offers.

    Just had a few minutes to bid as I was hoping on a plane, so I couldn't think it through.

    Realize now that I have to estimate the %'age that the offer doesn't get accepted, multiply that against the real rental fee. That would be the maximum amount I can overpay what I think would be my "normal offer" that gets accepted. Then do some sort of calculus to zoom in.

    Quick calc, 25% chance of 11 bucks getting rejected, so I figure under 21 bucks and I'm ahead.

    I actually thought what would I think would be a great deal. Before Priceline it was 18 bucks. So, I bid 15 per day and got the car.

    Still feel cheated out of 12 bucks.

    Hope to see you guys on Wed!
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