Tourists flocking to sunny spots like Hawaii and Florida are being left stranded.
The average car rental in Hawaii used to cost 50 bucks a day. Now a basic Toyota Camry will set you back $500+ a day.
Some desperate travelers are even turning to U-Haul vans because rental car lots are empty.
What the heck is going on?
When COVID hit, car rental giants Avis and Hertz held fire sales.
In fact, they dumped over half a million cars last year. Now,
they can’t buy new cars.
If you’ve been following along, you know Ford started shutting the doors on its factories back in February. Now it says some of them will be closed until August!