Why rental car rates are soaring – and how to beat the trend
April 9, 2021 — 7:30am
Text size
Copy shortlink:
Do you budget for airfare and hotel but treat the rental car as an afterthought? It is time to change your ways, because that Dodge or Ford you use to shuttle around could be the most expensive part of your summer vacation.
A dearth of rental cars and an increase in demand means prices are soaring. "It's Econ 101," said Sara Rathner, travel expert at NerdWallet, a personal finance website and app. "I am going to Yellowstone in September, and the most complicated part of the planning is finding a rental car within our budget," she said.