Cheap Car Rental On The Increase

Excellent news for those who are taking a driving holiday around Europe this year and going into 2012 – based on Summer 2011 car rental rates, there are much more locations that offer cheap car hire compared to recent years.

Recent research has found that overall cheap car rental rates have actually dropped for the first time in almost five years. The previous fall was in 2007.

After a survey of almost 200 holiday destinations from the latest car hire index, it is estimated that the average cost of a weeks rental fell by 6% in Summer 2011. This is welcome news after the actual increase in car hire prices in recent years, due to natural disasters such as the Japan Earthquake, the worldwide economic downturn, and the 2010 Ash Attack from the Icelandic volcano. Car rental prices were at an actual premium during this time due to pressure on manufacturers.

Good value car rental is highlighted by the case of Ireland – where some companies are offering car hire rates that are down over 50% on 2010. It was often said that you could rent a car in Ireland cheaper than a three course dinner for two in an Irish restaurant, and now this opinion is becoming even more based in fact.

Countries such as Spain and Greece offer particularly good value in 2011, a weeks car hire in Southern Spain is down by almost 30% and Greece nearly 25%.

What are the most expensive destinations for car hire in Europe? Well, Switzerland, France, Portugal, Sicily and Spanish island resorts such as Ibiza are considered expensive and rates back this up.

While the news that there is excellent value rates for cars is welcomed by bargain hunting travellers, the advice is clear: shop around for the very best in value, and book well in advance!

Do you think car hire prices have become significantly cheaper? Let us know your thoughts.