A car rental, short-term car hire, or car hire service is a business that leases cars to the general public, usually ranging from a couple of days to a couple of months. These companies provide customers with the option of leasing or renting a vehicle through a catalog, an internet website, or by contacting a dealership. These businesses also offer insurance and other services and facilities that may be required by the customer or required by the company.
Car Rental Agencies vary significantly by location. Some are located within driving distance of large cities, like London. Other car rental agencies are located in rural areas along the main highways. It is essential to identify what kind of car rental or leasing options are available before making any decisions.
Car Rental Agencies, usually found online, have become popular alternatives to standard full-service car rental companies. Car rental agencies offer an extensive selection of models and make of vehicles at competitive prices. The growth of online car rental services has created a situation where traditional rental agencies have been forced to change their business models.
In its submission to the Annual Credit Survey, the Central Business Statistics Agency noted that the car rental industry had experienced a net decline in revenue during the second half of 2009 due to various factors, including the financial recession experienced by most industries in the United Kingdom. Some companies saw losses exceeding thirty percent of revenue. For these reasons, several UK car rental agencies have chosen to establish new outlets all over the UK, many of which are based outside of London. According to a report prepared by the Institute of Driving, around fifty car rental agencies in the UK represent a significant increase from the current numbers.
Another advantage of using the internet to find cheap car rentals is that consumers can now search for the perfect rental car without leaving their homes or offices. Online booking sites allow people to book car rentals online with minimal effort. These booking sites can be either independent or partnered with several other websites. They can also be run by the consumer themselves, although this would mean extra fees for the booking. Some transparent booking sites include the major car rental agencies in the UK like Avis, Europcar, Hertz, Sixt, Easycar, Europcar Ireland, and Alamo. The most successful and popular transparent booking sites are run by the consumer, who is not biased.
It becomes clear that they offer the most cost-effective and convenient way to book a rental vehicle in the UK.
Some of the most apparent pros include saving money and time when searching for the perfect car rental deal. Car rental agencies often give discounts and perks to customers who book through their websites, and it is also possible to get a good deal when renting through an agent. However, customers have several complaints about reputed car rental agencies, and even though you may be offered the best deal, you may be tricked into signing a more extended repayment plan or agreeing to a higher monthly fee.