Car rental also referred to as cars hire an agency that rents out vehicles of all types for a short period of time. This could range from hours to days and weeks, depending on how long the individual wants to keep it. However, there is a daily cost of renting the car. Car rentals are available in places such as airports, bus stations, city centers and so on. Car rental is meant for people that are new in a city, or a country, and needs a temporary vehicle to move around. It is also used by people that lost their car to accidents or to some other reasons. The price you pay for renting a vehicle depends on factors such as the type of car you want, and how long you’d be keeping the car for. Apart from just mobility, car rentals also provide services such as insurance, entertainment, navigation system, child safety seats, mobile internet, and maps
Even though you’d be renting a car for a short while, it’s always best to get the best deal on the vehicle you want. Below are some of the things you should do before signing a rental agreement. • Endeavor to compare the rates of different car rentals: Before making your trip, or choosing a car rental company. You should try to do your research before deciding on a car agency. One of the things to do is check as many car agencies as you can, and compare their rates. Many airports collect taxes on cars parked in the vicinity, which would also increase the total cost of renting the car. The best way to go about this is to make arrangements so that you pick up your car in a location that you wouldn’t have to pay tax. There are also car agencies that give a discount. You should see if you can get one, as it would save you some money, especially when you intend to rent the car for a few weeks.
One of the best ways of getting a low rate on car rental is by booking early. This works for most things, including buying airplane tickets, train tickets and so on. The earlier you book, the less you pay. On the other hand, booking for a car, in some days to your trip would cost you a lot than you’d have paid if you had booked earlier — another way to reduce cost, if by returning the car at the appointed time. Holding the car, beyond the time you booked would cost you more money.
Some car rentals charge their clients for accessories such as GPS, especially in cars that don’t have a fixed GPS. In this situation, the best thing to do is to use your smart mobile phone. Most smartphones have maps and GPS systems, which would do the same job as the GPS you’d be asked to pay extra for. Returning a car late: You should avoid returning a car late, as most car rentals charge per day if you return the car late. Although some car agencies usually give a 30 minutes grace period. This doesn’t apply to all car agencies, which is why you should allow a lot of time on the day you’d be returning the vehicle to avoid paying extra charges.
References Becerril Arreola, R. (2018). Heterogeneous Veblen Effects: Evidence from the Car Rental Market. SSRN Electronic Journal. doi: 10.2139/ssrn.3124429 Cheap Car Rentals » Save on Rental Cars at CarRentals.com. (2019). Retrieved from https://www.carrentals.com/