what is the cheapest place to rent a car
Desire to know which travel destinations offering the lowest car hire charges on average?
Analysis of eight million bookings per year has revealed the cheapest countries for hire vehicle costs during pinnacle summer season.
And it'due south adept news for dominicus-hunting Britons, every bit Kingdom of spain - the nation's favourite vacation location - is amongst the top 10, with prices averaging out at just over £21 per mean solar day.
Cheapest hire car destinations: Analysis of 8 million rental vehicle quotes accept revealed which countries have the cheapest daily rates for a hire cars
According to the Government's latest tourism statistics, Kingdom of spain is far and way the nearly-visited destination for Britons.
Some 15.7 million Uk residents travelled there for work or pleasure in 2017. That's 7 meg more than than French republic, which is the second nearly pop destination for Britons going abroad.
Fortunately, Spain is also one of the cheapest locations for auto rental, even in the tiptop of summer.
Figures from online car hire service Rentalcars.com evidence the average cost of hiring a auto in Spain during superlative summer season is just over £21 a solar day.
And - based on historical booking data - most British holidaymakers choose an economy automobile, like a Ford Fiesta or Vauxhall Corsa, which comes in even cheaper at under £fifteen a day.
Out of season, prices should be even lower as need falls.
Compare that with French republic, where the average economy car rental cost is more than double that, at £34 a 24-hour interval.
Only Slovakia (£18), Southward Africa (£20), Slovenia (£21) and Isle of mann (£21) are marginally cheaper when it comes to vehicle rental on average per day, co-ordinate to the hire car comparing site.
Slovakia has the cheapest rates, but Spain is in the top 5 most affordable locations. Pictured, a rent car in Palma de Majorca
Why is it then cheap to rent a car in Spain?
There are two key reasons behind Spain'southward inexpensive rates on auto hire, says Rentalcars.
First, the sheer number of operators in the state helps to keep prices lower.
Over the years, operators have constitute that lowering their prices is an constructive manner to concenter more than customers in an extremely competitive marketplace.
This trend got a big boost a few years back in 2008, when the global financial crisis meant holidaymakers tightened their belts and cutting downward on overseas holidays.
Spain is past far the well-nigh commonly visited nation by Britons, according to the latest ONS report
Spain'southward cheap hire car costs are due to the overly competitive market and low toll of living, says Rentalcars.com
Lower demand saw machine rental companies slash their prices to win business, as they decided it was improve to earn less money per rental than accept a motorcar park full of unused cars.
Prices came down – and they've stayed downward.
Secondly, information technology helps that the cost of living in Kingdom of spain is relatively depression compared to other Western European countries.
'The cost you usually pay in Spain for things like nutrient, drink and accommodation tends to be lower than in countries similar the UK and Germany, and more in line with places similar Portugal and Greece,' a spokesperson for the Rentalcars said.
'It's good news for holidaymakers on a roadtrip – and proficient news for anyone running a business organisation in Spain, meaning they tin pass on their savings to customers'.
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Source: https://www.thisismoney.co.uk/money/cars/article-7423173/The-travel-destinations-lowest-car-rental-costs.html
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