![]() ![]() The exact discount will depend on the desirability of rental cars in the business’ area of operation and the standard daily pricing set by the company. ![]() This is a common pricing method found in most rental industries, such as home renting, where longer-termed leases bargain a lesser monthly rate. ![]() Simply put, the longer the time the customer rents the car, the lower their rate should be. ![]() The following factors should be kept in mind when determining various pricing structures and add-on fees for a new car rental company: For small rental car companies, the prices that are set are completely up to their discretion. However, this doesn’t withstand exceptions with highly popular locations or special deals a single chain may be operating. This increases simplicity for customers, as they can understand the price they will be most likely paying no matter the location. Factors for Pricing a Rental Carįor large car rental businesses, prices are generally mandated by company executives and are passed down onto the chains. Car rental companies are often situated near high-traffic or population areas, with airports being extremely common due to travelers not having access to a mode of transportation.
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