Tuesday February 9, 2010 2:45 PM ET
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SmartMoney Magazine by Noah Rothbaum (Author Archive)

10 Things Rental Car Companies Won't Say

Below is an excerpt from the book "1,001 Things They Won't Tell You," which was published in May 2009 and highlights popular columns from SmartMoney's long-running "10 Things" feature.


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6. “Special orders are our bread and butter.”

Just like supermarkets, rental car companies bank on getting their customers to do some impulse buying at the checkout counter—where you can now choose from a sizable menu of à la carte amenities and services. The strategy seems to be working: 2007 revenue reached $21.5 billion, a 21 percent increase since 2002, according to Auto Rental News.

A spokesperson for the American Auto Association says that a rental vehicle tricked out with extra features could run you $20 more a day. Here’s how it breaks down: GPS with turn-by-turn directions costs about $12 a day. Avis and Budget rolled out a service that for a minimal amount each day will let you pay highway tolls electronically—but that fee doesn’t include the tolls themselves. And if you want a baby seat for the minivan, add another bill to the pile.

Companies have also begun pushing specialty cars. In 2007 Avis introduced its “Cool Car” collection, which includes the Nissan Altima Hybrid, Cadillac CTS, and Hummer H3. And even low-priced Thrifty has a “Beyond Luxury” collection, offering cars like the BMW 5-series and Cadillac Escalade. “It can be a place to make money,” the AAA spokesperson says.

1,001 Things They Won't Tell You

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User Comments
Posted by: ulyssesmsu
The story about Budget not honoring a coupon struck a chord with me. I have found Budget to be a dishonest and unethical company to deal with. I encourage all renters to avoid doing business with Budget if you can. They are not an honorable, honest, or ethical organization. If enough people stay away from them, they will be penalized for their inappropriate behavior and might eventually change.
Posted by: bsaguillon
A couple of times I have rented directly online from Budget once in Colorado and once in Texas and when I turned my car in the charges were nothing like my print out from online. The charges was more. I had to call the manager to get it corrected. I haven't had this problem when I rent through an agency. ba in Texas
Posted by: Filka
www.city-rent-car.com - best car rental deals
Posted by: justryin2help
Instead of 'commercial' I should have said 'personal' credit card in the comment below. It's personal credit cards that usually limit their coverage to contracts that are written for 15 days or less.
Posted by: justryin2help
It should also be noted that most commercial credit cards only cover rentals contracts written for 15 days or less. Meaning if you rent a car for a month, you're not covered by the card. Many of them also exclude certain types of vehicles. Trucks and luxury vehicles are common exclusions. So think twice before renting that Dodge Dakota, Ford F-50, BMW, Benz, or what have you. I know this because I had a truck stolen that I had been renting for a month. Guess who had to pay for towing and damage and what ever else was tacked on? Over $3000!
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