Car rental prices have soared, says report
Friday 20 August 2010
A new report from a UK website has found that the price of renting a car this August is 30 percent more expensive than last year.
Carrentals.co.uk said that a lower availability of vehicles, due to rental companies cutting back stock after the recession, means that prices have soared in most destinations - with crisis-hit Greece the only exception.
The most extreme increases were in Turkey, the USA and Croatia, with the price of an August car rental Turkey having jumped by a whopping 76 percent.
US prices were up 48 percent, said Carrentals.co.uk, Croatia prices up 46 percent, Spanish prices up 40 percent and France up 37 percent.
In Greece, the price of a rental car has decreased, although due to high prices last year, it remains an expensive place to rent a vehicle - Portugal and Madeira were by far the cheapest places surveyed, averaging only €33.40.
Average rental prices
Figures are based on the average daily rental price for bookings made between March and May for a rental in August.
Turkey - £40.08/€48.84
Croatia - £38.27/€46.63
Italy - £37.75/€46.00
UK - £37.23/€45.37
USA - £37.14/€45.26
Greece - £37.09/€45.20
France - £35.21/€42.90
Spain - £33.99/€41.42
Portugal & Madeira - £27.41/€33.40
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