Most travelers are always actively looking for flight deals and the best and most affordable accommodation options. What some forget to do is look for the best deals when it comes to car rentals. Getting yourself a rental car can be a great solution for your day-to-day movement. However, before renting one, ensure that the associated cost falls within your budget.

You don’t want to put a huge dent in your wallet, especially if you need a rental car for more than a couple of days. The process of finding the right car can be confusing since there are plenty of options to choose from. It’s essential that you take your time and carry out some market research. This will ensure that you get the best deal.

Options for Car Rentals

There are 4 common options for car rentals that are available today. They include renting from a ride-sharing company, renting from a conventional car rental company, renting through a subscription service, and leasing.

  1. Renting from a Ride-sharing Company

Ride-sharing companies work like Airbnb. They facilitate peer-to-peer sharing of cars. Anyone aged 21 and above can find someone who’s willing to rent out their cars for a few days, months, or even a year.

There’s normally a huge selection of cars to choose from. The experience is also different and easier for younger drivers. There’s less fine print as the process feels like borrowing a car from your friend. Some owners also offer discounts. The only issue with this method is that it is not available everywhere, and has even been banned in some cities.

  1. Renting from a Conventional Car Rental Company

The overall cost of renting a car from a major rental company is often high. Most companies offer discounts depending on the period of use. Discounted insurance packages are also part of the deal, but could increase the cost of renting.

Rental car companies usually maintain their cars very well. They also offer a wider selection of vehicles to choose from. Some make the experience better with roadside assistance and add-ons such as insurance.

  1. Renting from a Subscription Service

Subscription companies buy vehicles from a particular car manufacturer and then fit them with maintenance coverage, roadside assistance, and insurance. These vehicles are rented out on subscription, which could be short- or long-term.

There’s a lot of flexibility that comes with car subscription services. You can choose to add a driver or get a car with your preferred mileage. Prices are also a lot lower than what you’d get from a traditional car rental company.

  1. Leasing

If you’re looking to get a car for more than a couple of weeks, it might be best to get hold of an unwanted lease. Car leases are designed in such a way that folks that no longer wish to continue with their leases can connect with those that wish to get into one.

The advantage here is that you get cheap offers for well-maintained and newer cars. The disadvantage is that the transfer process can be long. In addition, getting a good deal requires plenty of research. Overall, the cost depends highly on associated costs like transporting the leased vehicle.

How to Get yourself the Best Deal on a Rental Car

Below are 5 tips that will help you get the best deal on a rental car:

  1. Avoid Rentals at the Airport

Rental companies that offer cars at the airport normally impose surcharges due to the high demand. Renting your car from the airport can easily increase your costs by between 10% and 25%. Consider renting offsite, at a location far from the airport.

  1. Pick Economy Cars

Economy cars are usually high in demand because they are the cheapest. Book the smallest and most affordable vehicle on the lot. Companies often give an upgrade if the desired vehicle is not available. Avoid picking a car that’s too small if you’re traveling with family and friends.

  1. Avoid the Extras

Rental companies seek to make more money by selling extra benefits to their customers. Such include satellite radio, roadside assistance, GPS navigation, and insurance. If you don’t need any of these, avoid picking them.

  1. Shop Online

Sites like economyrentalcars.com.au offer some of the best deals for car rentals. Sometimes, you will come across discounts and offers that will help you save more money. Shopping online helps you to make comparisons between different rental car agencies. The only thing that you need to keep in mind is that money paid in advance is often nonrefundable.

  1. Book Early

Majority of the rental car companies that you’ll come across will have a limited fleet. Early bookings help with estimating the demand weeks before the peak season. In addition, prices are normally at their best during this period. When peak season starts to close in, they shoot. Book your vehicle early enough to avoid spending more money later.