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A perfect storm is causing massive rental-car shortages, and prices are skyrocketing up to $700 a day in popular destinations bchang@businessinsider.com (Brittany Chang)
A perfect storm has created a car-rental shortage across the US, an expert said.
Prices have risen to $700 per day in some markets, becoming more expensive than airfare and hotels.
If you want to avoid these high prices, plan ahead.
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Vaccinations and easing travel restrictions have been pushing more people to travel again. Airline and hotel costs are still lower than they were before the pandemic, Nerdwallet recently reported. But if you re planning a last-minute vacation to a warm destination, you might want to check the local car-rental prices before you book any flights or rooms.