Car Rental – 5 Tips to Get Value for Your Money
Holiday car rental constitutes of a big chunk of the travel budget. Car hire prices have been on the rise and companies that offer cheap rates usually have other additional fees that make the total cost high. The tips below will help you save money.
1. Insurance Matters
Ensure you know the kind of insurance that you are signing up for. Most car rental agencies will want you to take the most expensive cover and may make it seem as if it is mandatory to take the cover. This is however not the case. In fact, if you have existing auto insurance, the car rental may be covered in the insurance. Contact you insurance agency and inquire about this.
If you are confident with your driving, you do not have to take the insurance. However, be ready to shoulder any costs that may be necessary in case of any eventualities.
2. Shop Around
Search for car rental agencies online and compare their prices. You will be surprised at how varied pries are across different agencies. Look for a price that you can afford. However, price is not the only thing to consider. Find out whether there are any hidden charges in the form of late fees, extra driver charges, fuel levies and others, which may increase your car-hire costs.
Use the Internet to search for car hire agencies in your area. Call the company to inquire whether the prices shown on the website are still valid.
3. Timely Booking
The time you book will affect the rates you will pay. Most agencies offer discounts of up to 30% on travelers who book early, about 4 weeks in advance. If you will be traveling during the weekend, make your reservation early during the week. Weekend prices tend to be higher than of weekdays.
Also, check your travel schedule and watch for holidays. Getting a car during the holiday season can be frustrating and expensive. If you intend to travel during a holiday, it is best to book in advance.
4. Type of Car
The type of car you book will affect your budget. Smaller engine cars typically cost lower than big engine ones. Also, luxury vehicles like SUVs cost more. Know the type of vehicle you will need during your trip. If you are traveling with your kids for a fishing expedition, a family van will be ideal. If you are on a business trip, a sedan will do.
There is a lot of competition for smaller engine vehicles because they typically cost less. Thus, always make a reservation in advance. Some companies will offer you a free upgrade to a higher engine in case the one you booked is not available.
5. Damage Charges
Be wary of damage charges levied by the car hire agency. You may have to pay for damages caused on the car. It may be a good idea to take photographs or video of the car when you are taking it from the agency in case it has any damages.
The above five tips will save you several dollars on your car hire budget.
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