It’s all well and good to have a car that you really love for your everyday life, but every once in a while you may need to leave your beloved vehicle at home and rent a car for travel, business, or while your car is in the mechanic shop.
If you haven’t ever rented a car, then you may be unaware of the process and the added fees that can quickly accumulate. Knowing what to expect before you rent can help you save money and protect you from certain liabilities.
What are the Requirements?
When renting a car, you’ll need one thing for sure: a valid driver’s license. Most car rental companies also require a credit card, but some will allow you to rent using a debit card, pre-paid vouchers, or a cash advance. Really, what rental companies look for is monetary security, in case the driver brings back a damaged vehicle.
Age can also be a factor when renting a car. Eighteen is the minimum age at which a person can rent, but some companies may require a driver to be 25. If you are between 18-25 and looking to rent a car, having a credit card on file may help convince a company to allow you to rent.
How much does Renting Cost?
The cost of renting a car varies from company to company. However, the way companies organize their rates is similar. Companies mostly offer daily rates or extended rates. If you’re planning on using daily or extended rates to rent a car, shop around to find the best mileage options. Some companies may charge extra depending on how far you drive each day. Others may offer free mileage.
Other fees vary due to location. Be aware of how much taxes may be applied to your rental car based on what state you’re in. Also, keep in mind that renting from an airport may include an airport surcharge. Another charge that may apply includes a drop-off fee, in the event that you drop-off the vehicle at another location or even earlier than planned. Gasoline fees may also affect the final price of your rental.
To make sure you’re not faced with unexpected costs, be sure to review the rental contract before signing.
What Types of Insurance are Available for Rental Cars?
Before you consider rental car insurance with a rental company, check to make sure you’re not already covered under your auto insurance policy. Some car insurance policies offer liability coverage even when customers are driving rental vehicles. Also, check with your credit card company. Preferred members may qualify to have collision and damage insurance included when the card is used to book the rental.
If you aren’t covered, it’s a good idea to purchase some of the insurance offered by rental companies. Most rental companies will offer a CDW or LDW policy that releases a renter of liability in instances of loss or damage to the vehicle. The cost of these policies range from between $8-12 a day.
The Bryant Motors car dealership in Sedalia may not rent cars, but we are here to help with all things automotive—including repairs and maintenance, oil changes, and helping you find the new or used car of your dreams at a price you can afford.
Check out our blog and knowledge center for more information about cars, maintenance and the auto industry. Also be sure to check out our vehicle inventory for a current list of available new and used cars for sale on our lot at 2901 S. Limit Ave (US 65).