Renting a car can't be expensive, if you do your research and prepare ahead of time. These tips will help you do just that

Reserve Your Rental Car Early

Whether you're going on a vacation or doing some traveling for business purposes, car rentals are a common method of transportation. However, it can be difficult to deal with the expenses of car rentals. When you factor in the costs of fueling the car and the extra fees that companies may charge, you can see how renting a car can get expensive quickly. Don't worry, though. There are great tips that can help you save money on your next car rental.Waiting until the last minute to get a rental car is a terrible idea. When rental car companies run low on their supply of rental cars, they raise their prices. Avoid this by reserving your rental car at least a few weeks before your planned usage.

Research and Get Quotes

Settling for the first prices that you find can cause you to miss out on great savings. Be proactive and research the best deals ahead of time. Sites such as Expedia and Orbitz allow you to compare prices of rental cars in the areas you'll be renting them in. Make sure to choose sites that allow you to see the fees and taxes associated with renting the car. Also, avoid renting a car from an airport unless you find a good deal. Renting a car from an airport is often more expensive.

Get Insurance Only If You Need It

Don't get talked into paying for the insurance that the car rental company offers without knowing if it is even necessary. Ask your auto insurance company if your insurance covers rental cars. If it does, then you don't need the extra insurance. If you have a credit card, you should also ask your credit card company if they have rental car insurance included for free in your program benefits.

Choose Your Rental Car Carefully

Upgrading from an economy class car (a rental car that is smaller and has fewer features) to a higher class car is pricey, so rent a compact class car (the least expensive car class after economy) instead; you'll get more features in the car and will have one less thing to worry about. If you do need to upgrade to a higher class, see if you can negotiate with the rental agent to lower or drop the upgrade fees. Also, keep fuel-efficiency in mind when choosing a rental car. If you rent a car that guzzles gas quickly, you could end up paying a lot more than you planned.

Know the Best Routes to Take

If you know the best routes to take when traveling, you can avoid wasting precious gas. Using your phone's GPS system (if it has one), you can see a variety of routes to get to your destination and choose the one that is the shortest distance. If your phone doesn't have GPS, buy a GPS unit. Renting a car with a GPS system included in it may be convenient, but it can also leave your wallet drained.

Understanding Rental Car Fuel Policies

When renting a car, understanding fuel policies is crucial to avoid unexpected charges. Rental companies often provide various options, such as full-to-full, where you pick up the car with a full tank and return it with a full tank. This approach is typically the most economical since you only pay for the fuel you use. Alternatively, some companies offer a pre-purchase option, allowing you to pay upfront for a tank of gas, but this often costs more than refueling yourself. Always read the fine print regarding fuel policies to ensure you return the vehicle with the appropriate fuel level.

Exploring Additional Costs and Fees

Rental cars come with a host of potential fees that can add up quickly if you're not careful. Beyond the base rental rate, you might encounter additional costs such as airport surcharges, late return fees, and additional driver fees. Always inquire about these extra charges when booking your rental. Moreover, consider the implications of toll fees if you're traveling to areas with toll roads; some rental companies offer prepaid toll options, but these can be pricier than paying them as you go. Being aware of these fees will help you budget more effectively for your rental experience.

The Importance of Vehicle Inspection

Before driving off with your rental car, conducting a thorough vehicle inspection is essential. Check for any pre-existing damages, such as scratches or dents, and ensure they're documented by the rental company. Take photos of the car from all angles to protect yourself against any disputes when returning the vehicle. Additionally, familiarize yourself with the car's features, including lights, wipers, and other controls. This proactive step not only safeguards you from being charged for damages you didn't cause but also ensures you're comfortable operating the vehicle during your trip.

Utilizing Discounts and Loyalty Programs

Many rental car companies offer discounts and loyalty programs that can significantly reduce the cost of your rental. Signing up for a company’s loyalty program often grants you access to exclusive deals, free upgrades, or even free rental days after a certain number of rentals. Additionally, consider using memberships from organizations like AAA or AARP, which frequently provide discounts for members. Always be on the lookout for promotional codes or seasonal discounts that can further enhance your savings. Maximizing these opportunities can lead to substantial savings on your rental car expenses.

Choosing the Right Rental Duration

The duration of your rental can have a substantial impact on the overall cost. For short trips, consider whether daily rental rates or weekly rates work best for your needs. Some companies offer significant discounts for weekly rentals compared to daily rates, making it economical for longer stays. Conversely, if you only need the car for a day or two, ensure you don't fall into the trap of paying for extra days you won't use. Additionally, keep an eye on your return time; many companies charge additional fees for late returns, so planning your schedule can prevent unnecessary expenses.