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QHow Much Does It Cost to Rent a Car?

A The cost of rental cars is subject to change based on date, time, location, availability and other factors.

driver in convertible car

You might be wondering how much is it to rent a car for a month, a week or even a day! Well, it’s no secret that renting a car when you travel means you have the freedom to see and do more than when relying on public transportation, but many travelers feel intimidated by all the information out there, concerned that there are hidden fees or clauses, and many people are hesitant to rent a car because they are unsure how much it will cost them. They might have a preconception that their travel budget won’t cover the costs of renting a car, so they are put off by the idea.

So, how much does it cost to rent a car?

How Much is it To Rent a Car?

Renting a car doesn’t have to break the bank. There are ways to find cheap rentals, by simply doing your research, shopping for the best price, and choosing the most cost-effective rental options. There are a number of factors that will affect the price of a rental car, and you might come across the same one at different rates, depending on which rental company, rental location, and rental period that you filter your search results by. It’s also worth remembering that your age, the type of car you need, and local taxes and fees will affect your rental costs on the whole.

tips for finding a rental car

The below 5 tips will help you find the best rate on a rental:

1. Compare prices
It’s vital that you shop around if you want to find the best price on a car rental. Enter your location and rental dates, and filter for any other requirements you might have, such as a preferred company, car type, and any other specifications you might have. Before you book, make sure that you compare like-for-like prices, and that each one includes any extra fees such as those incurred for mileage or additional drivers. When shopping around, be sure to check the rates of discount brands and not just the big-name companies.

2. Know what you want and need
If you don’t need a big car with lots of premium features, a smaller, economy car will likely be the most affordable option. Another way of saving is to forgo the extra benefits that you’ll be offered by the provider, such as roadside assistance or GPS navigation. Of course, you should factor these into your costs if you need them, but if you can go without, you’ll save some cash. Do you really need an additional driver? If not, remove this option from your requirements to cut down on costs, since having extra drivers usually incurs a daily fee. If you really want to share the driving, check if the company can waive the additional driver fee.

3. Book early
If you know what you need and when you need it, it’s worth booking as soon as possible. Cars can sell out quickly and prices can increase often, so it’s wise to make your reservation as far in advance as possible. The best time to rent a car is between 3 and 6 months before your rental period, when there is still a wide range of vehicles available and prices haven’t yet shot up.

orange car with keys

4. Avoid airports
If you’re flying in to your destination, you might automatically select the airport as your rental pickup location, but this convenience comes at a price. The cost of a rental car can double if you pick it up from the airport. We suggest scoping out some prices for rentals that you can collect away from the airport, either directly in the city you’re staying in or on the way to your destination. That said, be sure to factor the cost of a taxi or public transportation to the pickup location into your final price, to ensure you’re making a saving by avoiding the airport surcharges.

5. Compare the prices of paying now or later
“Pay now” options are usually cheaper but bear in mind that they are generally non-refundable. Paying in advance is a great way of making a saving if you have found the car you want and if it’s unlikely that your travel plans or requirements will change.

Bear in mind that the cheapest car you find may not always be the best choice for you. The car you decide to rent will often depend upon your travel needs, your itinerary and the size of your travel party. Economy cars are typically the cheapest option, but if you’re bringing lots of luggage, you might need to choose a larger car. If you plan on traveling long distances in the rental, you might want to opt for a car with a more powerful engine, or one that saves fuel. You might need a car that is suitable for driving on tricky terrain. All these factors should be taken into consideration when choosing your rental car and looking at the various prices displayed.

The information provided in this guide was accurate at the time of publication but is subject to change at any time. Please check your car rental company’s terms for the latest information.

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