Life Time Super Combo

[DirtyDave]

I keep thinking about getting my Lifetime. I'm 38 now.
Longer I wait, the less it makes sense......

[be12hunt]

I bought mine the year after the price increase. I went in with $1,000 and the lady asked me if I wanted the hunting or fishing. She told me they had gone up the year before. I still think it’s worth it just for the fact that I don’t dread going to get my license anymore.
My 1 year old son has his as well, thanks to his Uncle.

[duckboy007]

I missed it at the price increase, so when I was on my way out of the state, I bought the Hunting only lifetime, for $1000. It's already paid off from coming back vs paying the Non-Resident fees.

[duckboy007]

I don't think its a good use of money, personally. If prices stayed the same it would take 26 years to payoff, seems silly to spend $1,800 and still have to go to the store to get your license printed.

That may have changed, can you get them mailed to you now?

You can, but it costs $5.

[berettadave]

Yes, you cant buy a lifetime for anyone under the age of 17. I found this out when I tried to buy my son one. No idea how the guys buddy who posted got one for a 5 year old

straight off TPWD site

Non-resident Military, their dependents and individuals under 17 years of age are not eligible for lifetime licenses.

https://tpwd.texas.gov/regulations/outdoor-annual/licenses/hunting-licenses-and-permits#lifetime-licenses

My dad still regrets not getting me one when the license was 600 bucks.

This is odd. I won one at the Operation Game Thief shoot last October in San Antonio. I gave it to my buddy's grandson who was only 13 or 14 at the time. I got his SS#, address etc. and took all the info over to the TP&W office. They did the paperwork and mailed him the lifetime card and license.

Dave

[BrianL]

If I invest that $1800 and averaged an annual return of 5% for 26 years compounded it annually, you are roughly at $6600.

So some said a 26 year return at current license rates. Lets say licenses increase at a 2.5% inflation rate per year, which isn't likely but lets roll with it. Total would be less than $2500.

So take that money, invest conservatively and you'll be $4k a head your return over the lifetime license.

Factor in 2.5% inflation on that $1800, it's worth $3421 in the year 2046 without any other factors.

Year Cost
1 $68.00
2 $69.70
3 $71.44
4 $73.23
5 $75.06
6 $76.93
7 $78.86
8 $80.83
9 $82.85
10 $84.92
11 $87.04
12 $89.22
13 $91.45
14 $93.74
15 $96.08
16 $98.48
17 $100.94
18 $103.47
19 $106.05
20 $108.71
21 $111.42
22 $114.21
23 $117.06
24 $119.99
25 $122.99
26 $126.07
$2,448.74


Now if you aren't disciplined enough to invest that $1800, go buy the lifetime license and you'll be ahead $1000 at least.

What you are not accounting for is the historical cost increase of 6.5% for licenses.

[db@100]

I got my son his lifetime license the year he completed his Hunters Safety course. I think he was 11 or 12. That has been about 18 years ago.

[BoxKrancher]

I have it and don't regret a thing.

[rferg84]

What you are not accounting for is the historical cost increase of 6.5% for licenses.

Well that's a good number to have lol.

Here it is at 6.5%

Year Cost
1 $70.65
2 $75.24
3 $80.14
4 $85.34
5 $90.89
6 $96.80
7 $103.09
8 $109.79
9 $116.93
10 $124.53
11 $132.62
12 $141.24
13 $150.43
14 $160.20
15 $170.62
16 $181.71
17 $193.52
18 $206.10
19 $219.49
20 $233.76
21 $248.95
22 $265.13
23 $282.37
24 $300.72
25 $320.27
26 $341.09
$4,501.63


I still think you are better off investing the difference but that's just me. :-)

[marshhunter]

A super combo is $68. The lifetime combo is $1800

That's 26 years to make it worth it, excluding interest and inflation

And thats assuming the price for the SC stays $68 for 26 years!

[meltingfeather]

It's not that great a deal... time value of money is a factor as well.
Invest that money and you could probably easily pay for it every year out of the interest earned-- and still have your money in case your plan changes. 26 years is a looooooong time for an investment to turn black.

[TWarren]

You're also assuming remaining a resident for the duration. Move out of state and it rapidly pays for itself. Not a chance in hell I would come back to hunt Texas if I had tti pay $300+ for a license.

[6.5 shooter]

When it goes up to $3800, people will say......I should have bought it when it was $1800