Monday, November 16, 2009

Renting A Car For A Week Can Be Cheaper Than Renting For 5 Days

You would think that the longer you rent a car for, the more expensive the rental will be. Well, that's not always the case.

When renting a car from Priceline or Hotwire, it is often cheaper to rent a car for a full week, rather than five days. So if you need a car for 5 days, just rent it for a week and return it early. The rental company will be happy to get their car back early, and you will be happy to save a few dollars.

I know I wrote about this in the past, but being that I almost forgot about it, I figured everyone could use a reminder.

When I needed to rent a car for six days, I saw that Hotwire's total price for 7 days was less than the total for 5 days.

Once I saw Hotwire's price, I checked Priceline. I tried 4, 5, 6 and 7 day rentals on Priceline. When I tried the week rental, I bid a few dollars less than Hotwire's total weekly price. After a few tries, I got the rock bottom price that Priceline would accept, which was about 15% cheaper than Hotwire. It was also cheaper than Priceline's total for five days.

Sometimes Hotwire is cheaper than Priceline. So if you check Priceline, and it won't accept a bid if the total is less than Hotwire's total, then rent through Hotwire.

I stress when I say total price, and not just the daily price. The weekly price was so much cheaper per day, that the total cost was less than the total cost for 5 days. (If five days would cost $15 a day, and seven days would cost $13 a day, a five day rental would still be cheaper.)

When you try Priceline for a weeklong rental, make sure to lower your daily bid so much that the total is lower than a 5 day rental and also lower than the total weekly rate at Hotwire.

Note that sometimes a five or six day rental is cheaper than a weekly rental, so do your homework. As always, buy right and spend less.

Related posts

Review: Cheap Car Rentals!
Review: How To Win With Priceline.com
Review: Car Rental Tips - Insurance
Review: American Express Car Rental Insurance

2 comments:

Anonymous said...

thanks for posting s/e besides miles!

Shmuly - BuyRightSpendLess.com said...

My pleasure.

The reason that I write so much about miles is that I think earning miles is an excellent opportunity to live better while spending less.

The value of the miles you can earn for minimal effort far surpasses many other money saving tips.

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