Car rental prices up 55%, tips to save money – FOX 26 Houston

Rental automotive prices up over 50%

One agency says leaseal automotive prices have gone up over 50%. FOX 26 Shopper Reporter Heather Sullivan has some smart sense on methods It might Forestall Barely money for that leaseal car You’d possibly want this summer time.

HOUSTON – In case You are leaseing a automotive this Fourth of July journey weekend, or for a summer time journey, prices are hovering. And a few leaseal businesses are charging lots of in deposits.

Rental automotive prices reached an all-time extreme in July 2021 By way of the leaseal automotive scarcity. However that scarcity Isn’t over, and journey website Kayak says leaseal automotive prices are up 55%.

Associated: Rental automotive scarcity driving up prices, making automotives sautomotivece

“Rental automotive availability has eased up Barely Inside the spaces that we have been seeing huge factors final yr, like Hawaii and Florida,” said Jonathan Weinberg, CEO of AutoSlash.com.

“However The drawback has moved to a sure diploma to completely diffelease spaces, particularly Throughout the Nationwide Parks, like Bozeman, Montana, and Glacier Nationwide Park,” he said.

Extra SULLIVAN’S SMART SENSE

Plus many leaseal businesses will ask for a deposit or put a maintain In your Financial institution automotived, to cowl any potential damage or incidentals.

“Typically the leaseal automotive corporations will cost anyplace from $150 to $500 a day for a deposit. Debit automotived leaseers can anticipate to pay on The greater facet,” defined Weinberg.

Associated: More people Incomes money leaseing out their automotives

To save tons of on automotive leaseals, specialists say e-book early, using …….

Source: https://www.fox26houston.com/news/car-rental-prices-up-55-tips-to-save-money