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Car rental prices are sky high, experts warn the trend is here to stay
Rental car prices are high. Will prices come down and time soon?
By: McKenna King
and last updated 2021-05-03 05:13:48-04
TAMPA, Fla. â Domestic travel is picking up, and so are prices when it comes to booking a rental car that you might need to get around.
This wonât surprise you, but experts say the COVID-19 pandemic is to blame. At the beginning of the pandemic, travel stopped. Rental car companies sold off a large portion of their fleet in order to stay afloat, but now the customers are back, and the cars are in short supply.