Then just last week while perusing Lifehacker, I found a link to a Netflix analysis spreadsheet created by Geektronica. My Netflix rental history wasn't importing as expected so I modified the workbook to contain the history on one sheet and the analysis on another. I changed the formulas accordingly and modified the analysis page to compare potential savings with other account types.
After requesting my entire rental history, I plugged in all four years and faced the fact that Netflix has been about convenience for me and not about saving money.
I used a retail rental cost of $3.75 because apparently that's what the place up the street charges (according to Pepper). MA sales tax is only 5% so that doesn't bloat the Netflix fee too much. My "days per disc" and "cost per rental" are so high because there have been a few occasions where we kept a movie for an insanely long time. Why? Because we're *lame*.
Two movies were kept for over 230 days. And one we never did watch...we just sent back. Four more movies were kept for about 3-4 months each. And twenty-three movies were kept between 1 and 2 months. These thirty discs, and our inability to just watch them or send them back have totally skewed the money saving potential of Netflix for me. Ouch.
The new plan is this:
- If a disc sits for 30 days without being watched, it goes back unwatched
- Decide on a cheaper netflix plan that still allows unlimited rentals