Renting a car can be an affordable way to get around during peak travel seasons, like the summer or fall. Michaels recommends checking rates on aggregator websites before booking and then returning to the rental car company's website to compare those rates.
Most companies require a major credit or debit card in the renter's name to cover the deposit. Many also sell insurance -- often referred to as Collision Damage Waiver (CDW).
Price
Whether it’s for a family vacation, a business trip or a car-buying test drive, rental cars are an inevitable part of traveling. The price of a rental can vary, but there are ways to save. Shopping around, booking early and skipping add-ons can help you get the best deal.
Also, try to avoid renting a car at an airport. These locations often charge extra for refueling and are more likely to have long lines during busy times of the year.
You can find coupons and discounts for car rentals all over the internet, from deals sites to rental car companies’ own websites. However, hunting down these codes can feel like a full-time job. One option is to use a site like AutoSlash, which uses algorithms to locate the best rates and automatically applies all available discounts, including corporate, KS AAA and university codes. It can save you up to 50 percent on car rental prices.
Pickup Location
In some cases, you can save money by renting a car near the place where you plan to return it. This is usually offered for one-way rentals. Make sure to check the rules and regulations of each company before selecting a vehicle. Also, remember that you may be required to pay a refueling fee.
Generally, car dealerships only lease vehicles to people with good credit. This helps protect their cars' resale value. However, you can rent a car even with bad credit. In addition, some companies don't run a credit check.
Many universities and colleges offer special rates on rental cars for their students, staff or alumni. These rates are typically much cheaper than the regular rate. You can also find deals on a rental car from a variety of websites. Many of these sites let you customize your search to find the best price for your needs. You can also get helpful tips on how to avoid scams from the nonprofit organization Consumers for Auto Reliability and Safety.
Requirements
There are some basic requirements to renting a car. Almost all rental cars require you to present a valid state-issued driver’s license (learner’s permits and international driving permits are not acceptable).
You must also have a credit or debit card that is issued in your name and with sufficient available credit for the expected cost of the rental. Some locations may also perform a credit check or require additional qualifications in accordance with local policy.
Some companies have age restrictions for renters and some vehicles are not permitted to be driven by underage drivers. Moreover, extra fees may be charged for using certain equipment, such as baby seats and ski racks.
Other possible contract violations include going over a specified mileage limit and driving in prohibited geographic areas. The renter is also responsible for any damages to or theft of the vehicle and must return it with a full tank of gas. These violations can lead to significant charges.
Insurance
The rental car company will try to sell you insurance to cover their deductibles and excess charges if the vehicle is damaged or stolen. Depending on your current auto insurance or credit card coverage, this may not be necessary. Most full coverage auto policies will cover damage to the rental car, but if you do not have this type of policy or high liability limits on your existing car, this is an option worth considering.
Many credit cards offer free rental car coverage as a benefit for their customers. Check with your credit card or auto club to find out more. If your credit card or auto policy does not include rental car coverage, you can usually purchase a Personal Effects Coverage (PEC) policy from the rental car company at the counter for a daily charge. This will cover any loss or damage to your personal belongings in the event of an accident or theft of the rental vehicle.