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Changes
→Cons: Those bags are called panniers.
* It's harder to find someone who has room for you and your bike resp. who believes in being able to fit you in. It also takes more time to get in their car, making it difficult in busy roads. You might consider getting yourself a fold-up bike, which uses significantly less space.
* Hitchbiking with 2 people or more can be very difficult together.
* You need good bags panniers which should be easy to remove from the bike.
* It's not that obvious for the driver that you want a ride. (It makes it easy to have the bike in a big bag -- that will also help on not making cars dirty with chain oil.)
* In countries with tiny cars and few trucks it's really hard.