Car rental is a big business. It's estimated that the global car rental market is worth around $16 billion (£12 billion), with approximately 50 million people renting cars each year.
If you are planning a trip, then you must be looking for ways to save some money. Well, renting a car is one of the easiest ways to do that. You can easily save hundreds of dollars by renting a car instead of taking public transport or booking a taxi. When you're looking for a holiday car rental, it can be tempting to just go with the first deal you see.
But there are more ways to save money on your holiday than simply booking the cheapest option.
If you're planning to take a holiday this summer, you'll likely need to rent a car. So here are some money-saving tips on holiday car rental:
Don't Pay For Insurance Or Extras
Make sure you've got comprehensive insurance and breakdown cover for your vehicle before you set off on your trip. If you don't have these things already, you can buy them from the rental company when you pick up the car, but they can be costly - so check online first if there's an equivalent policy available for less money elsewhere.
And don't forget to read the small print when it comes to additional extras like child seats or sat navs - these may not be included in the price of your rental unless specifically requested beforehand.
Booking early can save you money, but it also ensures that you get what you want — especially if there is a particular model or color that will only be available for a limited time. If possible, book at least two weeks in advance to ensure that all of your requests are met (and if they aren't, find out why). By booking early enough, you can often avoid paying a cancellation fee if something comes up at the last minute and prevents you from taking the trip after all.
Look Out For Special Offers And Discounts
There are lots of companies that offer special promotions during particular periods of the year, so make sure you check them out first before booking your holiday car rental. You may be able to get up to 20% off if you book at specific times or if you're traveling somewhere popular like Spain or Italy in August!
Consider Paying Extra For Insurance Cover
If something does happen and your hire car is damaged or stolen, you must have insurance coverage so that it won't cost you any money out of pocket (or make a dent in your bank account). Make sure that the insurance coverage is included in the price of your hire car.
Research Ahead Of Time
If you're going on vacation, you probably want to live it up and see as much as possible. But that doesn't mean you should spend money on everything that catches your eye. Before booking your car rental, do some research and make sure it's worth the cost.
Ask About Extras Before You Book
While it's tempting to book immediately, don't be afraid to negotiate with the hiring company. Some companies offer discounts if you book online. Others will give better deals if you pay by cash or debit card rather than a credit card.
If you've got a flexible schedule, try to avoid peak periods such as summer and Christmas, when rates can increase dramatically.
Plan Out Your Route In Advance
Before you start driving, check the map and plan out exactly where you'll be going. This will make it easier when it comes to finding your way around foreign roads and finding petrol stations, restaurants, and hotels along the way.
Make Sure You're Insured For Everything
Some policies do not include third-party liability insurance (which covers damage caused by your vehicle) or personal accident cover (which covers any injuries sustained by passengers). Check what is included in your policy before booking so that you know exactly what cover is provided at no extra cost.
To save money on your Holiday Car Rental, whether it's for a family holiday or a business trip, you should refer to the tips in this article. It contains valuable advice and tips that will help you with your rental service. You will feel the difference, and you will enjoy traveling with your family without worrying about the cost.