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Home Automobile

Prices rental cars are out of control

May 24, 2022
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Prices rental cars are out of control
Enterprise Netherlands – part of rental company Enterprise Rent-A-Car, advises holidaymakers to book a car for the holiday as soon as possible in order to still have automobile transport at the holiday destination. According to Enterprise Netherlands, all rental cars from various major agencies in Malloca and the Canary Islands for the period from July 30 to August 6 were already sold out at the beginning of May. The supply in Portugal, Turkey, Sardinia and the Greek islands would already be very limited. Poor availability of rental cars also translates into high prices. An inventory by Enterprise Netherlands shows that the price for a week of renting, for example, an Opel Astra or Volkswagen Golf in popular southern European holiday destinations in the high season is already €800 to €900 on average. "with peaks up to €1,250"† According to Enterprise Netherlands, the car rental market completely collapsed two years ago as a result of the corona crisis, with the result that many companies had to divest large numbers of cars to keep their heads above water. Meanwhile, demand for rental cars is picking up again, but car manufacturers are facing delivery problems, so rental fleets are not yet at the level they should be. There is a bright spot on the horizon, but it seems too late for the summer holidays. "As soon as the car manufacturers can get their deliveries back in order and international relations also stabilize, the situation could soon return to normal. But unfortunately this summer is coming too early for that,” says Thomas Wolters, director of Enterprise Netherlands.



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