9/11/2023 0 Comments Budget rent car![]() ![]() Throw in high gas prices, and road trips might be one of the most expensive ways to travel these days. government warns against travel to Tijuana 01:50 How to save money on road trips When it is applicable though, it can save you money on the extra insurance you might have otherwise signed up for at the counter. USE TRAVEL CREDIT CARDS: Some travel credit cards offer rental car insurance as part of their benefits, though it may exclude certain types of expensive cars or rentals in some countries. Here are other tips that can help you save: That knowledge can help you better understand the cheapest places to book, but sometimes booking from a specific location or company might be a non-negotiable inconvenience. And you'll almost always save by booking at an off-site rental car location versus at the airport. The analysis also found that last-minute rentals are typically cheaper than those booked months in advance. Some of the findings may help you save on your next rental car.Īmong the rental car companies in the analysis, Enterprise is usually the cheapest, while National is most expensive. NerdWallet conducted an analysis of 360 rental car reservations to better understand the cheapest ways to rent. But things began to turn around at the beginning of 2021 when prices began increasing every month, building up to a record high set in July 2021. Like most travel costs, rental car prices sharply dropped in April and May 2020 as people began calling off vacations to stay at home. How not to get soaked by "drip pricing" by airlines and hotels when booking your vacation.When comparing prices for July 2022 versus July 2019 (the last normal summer pre-pandemic), hotel prices are up 7%, according to the latest set of Consumer Price Index data released in August 2022. While airfare and lodging prices are certainly near all-time highs, rental cars are among the biggest price increases of all travel expenses. Now, more than ever, rental cars are shaping up to be one of the biggest - and stubbornly high - aspects of people's vacation budgets. ![]() When making your travel budget, don't assume that lodging and airfare will be your biggest expense.
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