How Does the Car Rental Pricing Work?

Car Rental

How much will you have to pay for an economy or luxury rental vehicle in Dubai? The cost of hiring a vehicle is determined by various factors. Some of the important cost determinants include the type of vehicle that you’d like to hire, the number of days that you’ll hire the vehicle, the time of the year, and compulsory surcharges and taxes set by the state of local governments.

To get a good deal you should compare service costs and company details from different vehicle rental companies. The rental prices are dynamic and ever-changing, but you should keep assessing different companies comparatively to get the one with the most affordable offers and the best vehicles. The comparisons are also good because they’ll help you to avoid unexpected rent a car costs and extra fees. Here are some of the rental cost component determinants that you should check to determine whether you are getting a perfect deal.

The Age and Type of Car

Convertibles, SUVs, Minivans, trucks, vans, spacious vehicles, and similar luxury vehicles often have a higher price tag than economy class cars and other regular vehicles. Aged cars also fetch a smaller price than new cars straight out of the showroom. Rental vehicle prices often decline in a marked way after every five years of service. It’s always advisable to go for new vehicles that aren’t too old. But when it comes to car type, you’d better choose a vehicle type that suits your needs.

The Time of the Year, Mileage, and Supportive Services

The vehicle rental business is seasonal in nature, and the demand for cars often rises during the holiday seasons, which often occur in Summer. Pricing during such holidays is often higher than in the low-season periods. Some rental firms also add an extra mileage charge. The rental firms may also charge for additional supportive services, including roadside safety and rescue services, and provided GPS navigation or communication radio systems.

The Car Model and Brand

The vehicle model and brand also influence the price that you can pay for a rental car. Vehicle renters are often willing to pay more for German-made models and brands because most of them believe that they are high-quality and reliable vehicles. But the Korean, Russian, and French models aren’t always considered to be reliable. As such, the less preferable models may cost less. The opinions on such considerations differ and it’s possible to find loyal customers of any brand or model.

Engine Type and Fuel Consumption

Vehicles that run on LPG may cut fuel expenses, but most people often avoid such cars because they seem complicated. As such, these vehicles are priced low. Similarly, many people prefer diesel-run engines more than petrol engines. As such, petrol-powered vehicles may be priced at a lower rate than diesel-engine vehicles. Ideally, most vehicle renters will also go for vehicles that are economical in fuel consumption. Such vehicles can help you to save lots of money if you’ll use the car for long-distance travel or for long periods of time.

Compulsory Surcharges and Taxes

VAT is a standard inclusion in all rental fees in most states, and it is possible to have additional imposed tax charges that can raise the rental cost of a vehicle. The vehicle rental companies located at the airports may also have to pay airport surcharges for operating within the airport. Most of these surcharges and taxes get imposed by the airport, local government, or state. These charges have a significant influence on the price of a rental car, and they’re unavoidable. To get the best vehicle rental services in Dubai you can visit https://quicklease.ae/.

Car Rental

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