According to the leading car rental industry experts and our insider sources, the car rental rates will stay low in 2011 due to the increased car rental fleet.
2010 shortage of rental cars was caused by tightening lending conditions in the after-math of Global Financial Crisis. Car companies were forced to use its fleet longer than usual because they simply couldn’t buy more cars and some car manufacturers halted production in 2009/10.
Since then, the lending conditions have softened and all car rental companies have increased their fleet in 2010. There is certainly no shortage of supply and now most of the companies have more cars in their yards than they can rent out.
A good indication of where the prices are headed in 2011 is a number of generous promotions ran by major players – Hertz, Avis, Europcar, Budget and Thrifty.
Hertz is currently offering 2 days for free on its weekly rental, which is a good deal considering you would only pay around $40 for a small car.
Thrifty launched a special in metropolitan cities starting from just $35 per day. And if you’re a member of RACV you can take up to 20% of your car rental bill.
Europcar cut its prices by 10% on 3 day car rentals and 15% on 5 day car rentals.
Avis and Budget currently give-away double Qantas points on all rentals over 3 days, so if you’re a frequent flyer, you can still take advantage of this offer until 28 February 2011.
So, what are you waiting for? Go to a supplier of your choice and get a bargain car rental!
What’s the lowest price you’ve seen advertised? Please provide a source, if possible.




