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Home > Financial Resource Center Home > Auto Buying > Save When You Rent a Car

Save When You Rent a Car

Renting a car can sometimes feel pricey, but there are several strategies you can use to save money. Here are some tips for saving when you rent a car:

  1. Book in Advance: Prices often increase as the rental date approaches. Booking early can help you secure a better rate.
  2. Compare Prices: Use comparison websites to look at rates from different rental companies. This can help you identify the best deal.
  3. Consider Off-Airport Locations: Renting from an airport location often incurs additional fees. Check if there are rental offices nearby that might offer better rates.
  4. Be Flexible with Your Dates: If possible, adjust your rental dates slightly. Sometimes extending your rental by a day or picking up or dropping off on a different day can lower the total cost.
  5. Look for Discounts: Check for any discounts you may qualify for, such as memberships (AAA, AARP), credit card offers, or corporate discounts.
  6. Choose the Right Vehicle: Smaller cars are typically cheaper to rent and more fuel-efficient. Choose a vehicle that fits your needs without going overboard.
  7. Avoid Extra Insurance: If you have personal car insurance or use a credit card that offers rental car insurance, you may not need to purchase additional coverage from the rental company.
  8. Refuel Before Returning: Rental companies often charge exorbitant rates for fuel if you return the car without a full tank. Fill up the tank before dropping off the car.
  9. Watch for Fees: Be aware of additional fees that can add up, such as airport surcharges, additional driver fees, and one-way rental fees. Ask for a full breakdown of costs before you finalize your reservation.
  10. Join Loyalty Programs: Sign up for loyalty programs with rental companies. They often provide benefits such as discounts, free upgrades, or the ability to skip lines.
  11. Check for Mileage Limits: Some rentals have mileage limits that can lead to additional charges if exceeded. Ensure you understand the terms and estimate your travel needs accordingly.
  12. Inspect the Car: Before driving away, inspect the car for any existing damage and report it to avoid being charged for it later.


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