Paying more makes sense

Everyone has tips on finding the lowest airfares. Some may direct you to travel sites such as Expedia, Travelocity or Priceline. Others say the secret is to visit the airlines' own websites and look for special offers. Both strategies will help you find cheap airline tickets.

But do you really want the cheapest possible price? It depends – and finding good advice on when it is wise to pay higher the price is harder than similar advice to find lower prices.

There are three reasons why passengers may choose a higher ticket price. The first is timing. Tickets that depart at certain times of the day or night are cheaper, while others are more expensive. In general, the cheapest is a late night flight, followed by early morning flights if they are heading elsewhere than to the east. (Due to time zones, flights to the east too early are actually more expensive because they take passengers to their destination before noon.)

Is it worth paying more to get the flight you want? Maybe. Business travelers definitely think so. Holidaymakers may also have their own preferences. Do you want to arrive abroad immediately after midnight? Probably not; it is better to arrive early in the evening or the next morning. And some people just can't get up at the right time to make it extremely cheap at the 6:00 departure.

Another reason to pay a higher ticket price is flexibility. Lowest fare rates are non-refundable fares, also called deeply discounted or limited tickets. Changing such a ticket often costs $ 100. If you are willing to pay more, you can purchase a refundable ticket price to cover your plan in the event of a change.

The reason most people avoid refundable fares is that they tend to be significantly more expensive than their non-refundable fares – in some cases even three times more expensive. But this is not always the case. It's often worth checking what the refund price is, especially if you're looking at a regular published price rather than a special one.

Finally, here is the question miles of frequent pilots. Many passengers prefer an airline (and if you don't, you should; your company will only offer you better service if it's bundled into one frequent flyer program). Maybe you've worked hard to justify paying double the fare with your chosen carrier, but an extra $ 50? It's worth it almost every time.

Bottom line: do not hang up when finding the lowest possible ticket price. Find the lowest price which suits your situationand you come out.