Tourists Facing Sky High Rental Costs
Some of the most popular tourist resorts are set to be hit by rocketing rental costs this summer.
Research carried out by Post Office Travel Money examined 16 foreign resorts, taking into account flat hire costs, and extras such as SatNav hire, additional driver costs and petrol prices.
Oslo took the top spot with a huge £614 charge for just a week’s hire, with other popular summer hot spots such as Majorca (£514), Split, Croatia (£509) and Faro in Portugal (£503) also found to be charging particularly highly.
Rates have also shot up in Ireland, with marked increases for a rental in Dublin, where hiring a car for one week could set you back £482.
Larnaca in Cyprus was the best value destination at £295 for one weeks car hire, with Luqa in Malta (£317), Marmaris in Turkey (£325), Copenhagen (£335) and Salzburg in Austria (£362) all offering good value for money.
If you are renting abroad this summer then consider the following tips:
It’s possible that rentals in prime destinations will sell out if you leave booking until the last minute. Booking a few months ahead is key at peak times, as prices are guaranteed to go up as availability gets tighter.
Prices can change dramatically between different rental companies, so it might be a good idea to compare online before you book. Make sure you compare like for like quotes, as comparison sites won’t include all the extras you could end up paying for.
The Post Office Travel Money survey revealed that 56% of the 2,106 adults surveys failed to take out excess waiver insurance when renting abroad, which reduces the excess payable for accidents or theft to zero.
Andrew Brown, of Post Office Travel Money, said: "These figures make it clear that it is a false economy to cut costs by sticking to the basic cost when booking car rental online.”
"We advise against taking a risk that could cost hundreds of pounds if your hire car suffers damage or is stolen."
If you’re staying a bit closer to home this summer then rent with 7 Ways Rental. With a wide range of cars and vans to choose from at competitive prices, we ensure that our customers get the best service possible.
For more information on any of 7 Ways Rentals, or additional extras for foreign travel then get in touch with a member of the team today!