Car rental costs have increased significantly since the pandemic began.
But with these car rental tips, you can soften the financial hit.
Your first car rental tip is to book your rental car well in advance of hotels and flights. To maximize your savings during this process, you need to be flexible about when and where you rent your vehicle.
If your summer destination’s franchised car rental companies run out of rental cars, you might want to check whether or not a local lender has options, reports KBB.
If you’d rather speak to someone in person, visit Turo.
Turo helps non-affiliated car owners list their rental vehicles online.
Turo cars range from entry-level sedans, SUVs, and trucks to ultra-rare supercars.
Lesser-known vehicle rental options include renting by the hour and renting from a dealer, reports KBB.
When all else fails, turn to a ride-sharing app like Uber to explore your destination.
Many car rental companies have sold large chunks of their fleet to make up for lost profits during the pandemic, KBB reports.
Sticking with the vehicles would not make sense given the low market demand of the pandemic and the cost of maintaining idle vehicles.
A car must not gather dust in a parking space if it is to run reliably.
Vehicles should be driven at least once every two weeks for 15 minutes at a time, reports US Auto Sales.
Erie Insurance reports problems arising from underuse of a car as follows:
- decomposed fuel
- A dead battery
- Tire flat spots
- pest infestation
As the COVID vaccines rolled out, leading car rental companies were unable to buy back enough cars to fill up their fleets, reports KBB.
A global shortage of microchips has led manufacturers to build fewer and more expensive cars.
Landlords have responded to this chip shortage by:
- Purchase of used cars
- hold inventory longer
- Buying vehicles from lesser-known manufacturers
Hertz’s US business now lasts cars on average for more than two years, compared to 18 months before Covid,” reports the Washington Post.
Hertz would file for Chapter 11 bankruptcy during the pandemic before exiting the position.
Vehicle rental companies hope to keep those prices where they are even as the pandemic subsides and vehicle inventory increases.
https://www.the-sun.com/motors/5526703/summer-car-rentals-ways-save/ Rental Cars Dry Up In Summer – The Six Ways To Save And Find Wheels