How do you find the cheapest rental car for your vacation or everyday needs? They all advertise
that they are the most economical and most reliable, but then you get there and the car you
reserved is not available or you have to pay more to get what you need. So how do you know
which company to trust?
Facts About Rental Car Companies
NerdWallet did a study of all US car rental companies and found that National Car Rental is the most expensive across all metrics tested. They were followed closely by Alamo Rent a Car. The most economical were Enterprise Rent-A-Car, Budget, Hertz and Dollar. There was still an approximate $200 difference between the cheapest car rental companies on a weekly rental.
The cheapest and most expensive rental companies are owned by the same parent company – Enterprise Holdings. Enterprise Holdings owns Enterprise Rent-A-Car, National Car Rentals and Alamo Rent a Car, totaling a fleet of 1.7 million cars. Hertz – a parent company- operates Hertz, Dollar and Thrifty brands. These rental companies are more consistent in their pricing – only off by about $18.00 for comparable rentals between the brands.
So How Do You Save on a Rental Car?
Here are some tips to save you money on your rental.
Change how you book
If you are ok with a little uncertainty, you could arrive at your destination without a reservation and book upon arrival. To save additional money you could get your rental at a store that is not connected to an airport.
Use your credit card
A lot of credit cards offer rental car insurance that even includes coverage for break-ins and accidents.
Use loyalty programs
Major car rental companies have loyalty programs. While National’s loyalty program is one of the most expensive, it does offer a free day after 5 qualified rentals.
Look for alternative rental options
You can also choose peer-to-peer rentals, borrowing another owner’s car or renting from an actual dealership. Think outside the box.
Start your search with the least expensive options and compare the alternatives. Find the deal that works for you and your risk tolerance.
Call Moseman Law Office Today!
Limit hassle in life as well as unnecessary expense. You deserve it! Reach out to us if you need legal help.