Car Rental is a service provided by companies that rent automobiles for a specific period at a pre-determined price

 

Car Rental

A car rental, short-term hire, or car hire service is an organization that leases cars to the general public, usually ranging from several days to a week. Most car rental services are operated via the Internet and offer online availability of rental cars, as well as price comparisons between various vendors. Car rental agencies often provide vehicle delivery to an intended destination. Cars may be rented on a daily, weekly, monthly or yearly rental basis. Some car rental companies will rent a car for a specific amount of time, such as for two days, then return the car if it has been damaged in a road accident, so customers do not need to worry about this with short-term hire car services. For instance, in June 2021, the major car rental service provider in the U.S., Hertz Global Holding, Inc., had bought a new fleet of used-cars from its fresh capital funding made by Avis and Enterprise.

Car rental companies have different ways of calculating the price of a rental, including hourly rates and flat rate fees for a week or month. Some may charge per day, while others may charge per hour. Most will calculate their fee by weight, miles driven, and weekly average time. Pricing is based on how many days a customer will rent the car and will vary depending on the type of rental chosen.

There is no doubt that car rental prices can be very low, but the cons do exist. Some of the cons include having to pay deposits and insurance coverage amounts upfront, which can be very expensive. Also, there is usually a minimum age requirement in order to rent a vehicle. Customer service is always important when renting a vehicle. Car rental companies offer free customer service during normal business hours, as well as after normal business hours. Inquire about whether there is a service provided for emergency situations, such as a flat tire or battery failure.


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