How Much Does It Cost to Rent a Car

Renting Car

When you’re going on vacation, there are a lot of different expenses that you have to keep in mind when you’re budgeting for your trip.

One of these things to consider is a rental car, but just how much does it cost to rent a car?

The answer to this question can vary greatly but there are ways that you can get an idea for the basic price range that you’re looking at.

Variables affecting cost to rent a car

You need to consider things like the insurance you’re buying, the size of the car, type, and the age and history of the vehicle. Certain things like this will impact the overall cost or your rental car.

1. Insurance – When you buy insurance for a rental car, you are looking at a huge difference in the price.

You will often be able to get cheap additional insurance on the rental car in addition to your monthly car insurance payment so that the car is covered with you driving it. This can be a great investment because rental car insurance is not very costly and it will lead the rental company to lowering your rate.

2. Size of the car – Most of the time, the size of the car is another major factor in the cost of the car rental.

Some companies will charge much more for smart cars which are tiny and don’t fare well when they’re in an accident, but they also will charge more for cars that are larger than the average four door sedan.

If you decide to rent a smart car or a large van/truck, you are looking at higher rates.

Cost to Rent a Car3. Type of car – If you want to rent a sports car, perhaps for a date or to impress someone or maybe just to splurge on yourself for a few days, then obviously your rates are going to be much higher.

This is not only because they attract a lot of attention and are more expensive to keep up on repairs and everything, but there is a much higher risk of them being stolen.

They will charge you much more for a sports car than they would for an older four door car.

4. Age and History – You might not take this into account, but the age of the car as well as the history of what the particular car has been through will be a huge difference in the price of your rental car.

If a car has a decade behind it or if it has been in an accident, then you will probably not be asked to pay a lot for the car.

This is one of the best ways to get lower rates. Cars that have cosmetic damage (they will not rent you out a car that has been physically damaged) or that are older and completely paid off will typically be very cheap in comparison with the flashier models.

Overall, you can typically expect to pay between $12 a day to $57 a day.

This is the range of average rental car prices across the country. You would most likely be able to find rates that would be lower or higher, depending on what you’re looking for.

If you’re looking for lower rates, you can usually get a few dollars off per day if you rent for more than a week at a time.

You can also expect to pay much less if you get a typical 4-door sedan that has a few years behind it, and it is definitely advisable that you insure the car while you are driving it. This will not only give you a better rate but it will save you a lot of money if something were to happen while the car was in your possession.

Take the time to shop around and find which rental company has the best rates and offers what you’re looking for.

If you need better rates, you can try calling the company and seeing if they have any special offers or if they are currently renting out any older cars that might be a lot cheaper than their usual ones. This can be a great way to save some money and still get a great value for the price.

Also Read >> How Much Does It Cost To Paint a Car

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