How Much Does It Cost to Rent a Car?

Car rental prices vary based on multiple factors. Here’s a breakdown of the costs involved and tips to save money.

Factors That Affect Rental Costs

1. Base Rate

   • Prices depend on the car type, location, and rental duration.
   • Economy cars are cheaper, while luxury cars cost more.

2. Taxes and Fees

   • Airport pickups may have extra surcharges.
   • State or local taxes can add to the cost.

3. Insurance Costs

   • Collision damage waiver (CDW) and liability insurance increase costs.
   • Some credit cards offer rental car insurance as a perk.

4. Additional Charges

   • Extra drivers, GPS, child seats, and fuel prepayment add to the cost.
   • Late returns may result in penalty fees.

How to Save Money on Car Rentals

• Book in advance for lower prices.
• Compare prices across rental companies.
• Use membership discounts (AAA, AARP, etc.).
• Avoid renting from airport locations when possible.
• Decline unnecessary add-ons.

By understanding these factors, you can plan and budget better for your rental car!