Car rental: how does it work?

Car rental: how does it work?

The principle of renting does not only apply to an apartment. It is an investment that has spread in many spheres, including that of the automobile. But what do we mean by renting a car?

Long-term rental: so you no longer have to buy a car

With long-term leasing (LLD), motorists can invest in a car over several years and then change it. Here, it’s not a temporary expense, it’s about using your daily rental car to reduce the costs inherent in the purchase of a vehicle.

The driver must respect a defined mileage, which implies that this offer is aimed more at average riders, who do not use their car continuously. The rental price depends on many factors: the value of the car, the duration of the rental, the maximum mileage, the presence or not of included services such as maintenance and assistance. It will therefore also be advisable to compare the prices offered for car rental. The driver pays rent each month and can therefore better control his budget. This also allows him to change cars regularly, depending on the duration of the contract.

Short-term rental: for a specific need

However, rental also exists for a much shorter period. Here it is not so much a question of replacing the car that one owns but of the choice of having a courtesy vehicle in the event of a breakdown/accident or temporary or quite simply the time of a journey called upon not to renew (especially on vacation).

Thus the rental can extend over a month just as it can be limited to a day. It all depends on individual needs. Here again, the price depends on the same parameters as for the LLD.

What vehicles?

All vehicles are included in the rental. It can be a common vehicle as well as a utility vehicle, a vintage car, or a motorhome. Rental affects both individuals and professionals, hence the variety. In rental, cars are grouped according to their value, their consumption, and their type. They are therefore distinguished by a letter of the alphabet (city cars designated by an A) or by a specific name. This varies between car rental companies.

On the other hand, if you reserve a vehicle according to a specific category, you will not be entitled to a specific model but a vehicle of this category, without distinction.

Who can rent?

Rental is not permitted for all drivers. They must have held their driver’s license for at least one year (license which must correspond to the rented vehicle) and be at least 21 years old. Rental companies can extend this limit to 25 years, resulting in a premium for young drivers, because of their risk profile. For these same reasons, drivers with many recent traffic offenses may be refused entry.

You will need to present proof of identity and address and your means of payment must bear your name. Some companies will ask for a security deposit or rental advance. A secondary driver can be added but this will involve a supplement as an “additional driver”. He must imperatively be mentioned and he must also present his license and an identity document.

What to monitor?

Whatever your rental needs, don’t rush. You need to know what you want and ask as many questions as possible, whether it’s about price, seats, equipment, or guarantees. Ditto when signing the contract: note the maximum mileage, the penalty for exceeding it, and the options.

Of course, you must insure the vehicle. Third-party coverage is usually included in the rental price but this only covers damage caused to a third party. Additional insurance will therefore be recommended to cover damage to the rented vehicle.

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By aamritri

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