When is a car rental too expensive?
The cost of car rental has skyrocketed in recent years, with car rental agencies now charging a premium of up to 50 per cent of the value of a car.
And it’s costing you a lot more than just the money you put down.
ABC business reporter Chris Mowbray spoke to a car leasing company in Australia to find out what car rental companies are charging their customers.
Car rental agency The Blue Sky Car Rentals in Perth has seen a huge surge in the cost of rental cars in the past year.
“We’ve seen a massive increase in our rental car rates and the fees we’re charging,” the company’s director of sales, Mark Copley, told ABC Business.
Mr Coplew said he had had clients who were reluctant to take the plunge on a rental, because they wanted to save money on the cost. “
So what we’ve seen is a surge in demand and we’ve got people coming in who’ve seen an increase in demand for a car and are looking to save some money.”
Mr Coplew said he had had clients who were reluctant to take the plunge on a rental, because they wanted to save money on the cost.
“There’s definitely some people who are hesitant to take on a car because of the cost and that’s understandable,” he said.
“But there are other people who have been coming in for car rental and they’ve been able to save themselves a few hundred dollars over the past six months.”
He said he did not believe there was a surge of demand for rental cars, as many people who were looking to rent were likely looking to buy.
“It’s not just people wanting to save a bit of money and that sort of thing,” he told ABC News.
“The cars are becoming more affordable and people are looking for a cheaper car.”
What are the main car rental car companies?
The Blue Star Car Renting company in Perth is one of the major car rental company in the country, providing luxury car rental services in Perth, South Australia, Western Australia, the Northern Territory and Queensland.
The company also offers car rental to the Gold Coast and the Goldfields in South Australia.
Mr Cplopley said the company had been growing at a “steady pace” since its inception in 2013, with more than 500 cars now available to rent.
Mr Mowbresse says many people are reluctant to go out and rent a car due to the cost, but the industry needs to get over the hump of the increase in prices.
“People are going to need to understand what it costs and they need to be prepared for that,” he says.
Mr Mearns said many people were reluctant and unsure about renting a car, and car rental was a “very popular option”. “
You have to have the right car and it’s got to be a good car, but they also have to be safe.”
Mr Mearns said many people were reluctant and unsure about renting a car, and car rental was a “very popular option”.
“It is one that we are seeing more and more people going for,” he added.
What is a Car Rental? “
A lot of people don’t know what the costs are, and it is quite a new thing for many people.”
What is a Car Rental?
A car rental is when you hire a car to drive you to a place you want to go, typically for a short period of time.
“This is the only way people can rent a home or a business,” Mr Mollins says.
Car rentals typically take place within an hour of your booking, and are often short and simple.
The car usually needs to be insured and has to be at least 25 kilometres from your home or business.
“That’s the only thing we’ve really got to worry about,” Mr Coddle says.
The cheapest car rental for example is the $300 car rental from the Blue Star, which will leave your house and come back a day later.
“If we do a car hire in a day, we have to go home and check it’s in order,” he adds.
The cost is typically around $50 per car, with most of that going to cover the cost for insurance, insurance cover, maintenance and fuel.
If you need to pay a bit more for your car insurance, then it can be as little as $200.
“Basically you have to get insurance for $200 for the first three months and then $200 every two months for the next four months, and that covers the cost until you have the full $500 for the car,” Mr Popley says.
What happens if my car is stolen?
“If the car is taken, it’s your fault,” Mr Nollins warns.
“Your fault in the sense that you’re the one who should have taken it out of the house and into the garage.”
If you have a car stolen, it is often best to take it to a nearby