Cheapest Ways to Snag a Rental Car | MotorBiscuit

Right now it is hard to find new cars on dealer lots and used car prices are through the roof. So if you’re a rental car company and you need more cars as travel ramps up, you’re in a bind. Due to a lack of rental cars, there is high demand and low inventory. That means you’ll pay dearly for a rental car. 

When the pandemic hit rental car companies sold off roughly 40% of their fleets. Now that there is a surge in demand they need more cars but can’t find any. To fill in they’re buying used cars but at premium prices. The costs always eventually get passed down to the consumer-or in this case renter. 

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