Why do we rent a car? It’s usually when we travel on vacations or for work. That’s why it’s important to do it correctly because renting a car can be a daunting and costly endeavor. But there are strategies to secure affordable rentals consistently. Here are tips to help you save money on your next car rental
Start with Aggregator Sites
When looking for a rental, begin with car rental aggregator websites like Kayak and Expedia. These platforms search multiple rental companies at once, providing you with initial price estimates.
Compare with Rental Company Sites
Don’t settle for aggregator quotes. Visit the rental company’s official website and cross-reference their rates. Sometimes, booking directly with the company can yield better deals.
Consider “Budget” Rental Companies
While Hertz, Enterprise, and Avis are well-known, smaller rental companies may offer more competitive prices. Check CarRentals.com to explore options from lesser-known providers.
Weekly vs. Daily Rates
Surprisingly, weekly rates may be cheaper than daily rates for shorter trips (3-4 days). Always check when opting for a weekly rate, but ensure there are no early return penalties.
Skip Rental Insurance
Your personal car insurance often covers rental cars. Verify this with your insurance agent or carry a credit card that offers insurance for rental car like Chase Sapphire Reserve, Chase Ink Business Preferred, or Amex Platinum.
Decline Unnecessary Upgrades
Rental companies may push unnecessary add-ons like GPS, satellite radio, and toll passes. Utilize your smartphone for navigation and entertainment, and carry some cash for tolls.
Choose Economy Cars
Opt for economy car rentals initially. Rental companies may automatically upgrade you due to limited availability, saving you money.
Avoid Airport Pickup
Airport pickup locations usually incur additional fees. Save by selecting a non-airport pickup location, even if you have to spend on transportation to get there.
Limit Extra Drivers
Additional drivers can cost up to $12 per day. If possible, have only one driver, and inquire about waiving the fee for a spouse or domestic partner or when booking through Costco Travel.
Return with a Full Tank
Avoid high refueling fees by returning the rental car with a full tank. It’s worth the extra few minutes to refuel yourself.
Find the Best Gas Deals
Gas is a significant expense during rentals. Use apps like GasBuddy to locate the cheapest gas stations nearby, potentially saving you money.
Check for Discounts
Various discounts are available, such as AARP, AAA, hotel loyalty programs, frequent flyer programs, Costco memberships, corporate discounts, and more. Always check if you qualify for any discounts.
