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Post Info TOPIC: Skyrocketing Car Rental Rates


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Skyrocketing Car Rental Rates


I look at car rental rates often. In May I got a rate for a automatic Ford Fiesta for 26 days for $234 (yes dollars). This upcoming Sept/Oct the rates (from same vendors) are hovering around 1,000 euro and up for 26 days.

More tourists are visiting Ireland. Looks like the price-gouging has begun. no I hope we are not regressing to the bad old days of "rip-off Ireland". 

 

 



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"Ireland Expert"  Michele Erdvig

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What do you mean the bad old days? I live in the Rip off Republic. Nothing has changed.

The problem with renting a car in Ireland is not just the cost of renting the actual car itself.. The biggest cost is the Insurance, a rental car costs the same to insure the experienced driver renter as it would for a just old enough to drive learner to insure their own first car, Thousands per year. The Rental market has the only short term insurance option available in this country any other car insurance is for a full 12 months so the 2 or 3 Underwriters have the monopoly and can charge whatever they want (or can get away with) per day.

Other big expenses like the road tax and the running costs are stupid but already built into the day rate which does reflect the supply and demand curve so higher in peak season than off peak.

Ireland is though not alone

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Tony -- Michele usually goes the 'Waive Insurance' route (as do I) so that big an increase in pricing doesn't reflect rising insurance costs.  furious

Maybe were in for a New, Higher Wave of "Rip-Off!"    hmm  hmm



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Bob

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I can get a manual Station Wagon on Dooley for under a grand but a micromobile Auto costs over a grand or 3x the same price as the same car stick shift That's 28 days September declining Insurance.

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Michele -- Barry may have to 'Dust Off' his manual shifting skills!  biggrin  biggrin



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Going up about 500% in a couple of months? confuse 

I do understand that there are more tourists traveling to Ireland this year. Just from the US it is up around 25%. This has me thinking that perhaps there are too few cars and too many tourists vying for them. Since I use my credit card for insurance coverage the rate is usually much lower than those who buy all insurances offered by the car companies.

Just did another comparison. An automatic is 300%+ more than a manual right now. And, yes, I do know that there are more manual cars in Ireland than automatics. So the problem could be supply and demand issues.

My wild, unsubstantiated guess: Less cars + more tourists = higher prices. 

 

 



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"Ireland Expert"  Michele Erdvig

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Michele- Just took a picture of the Adam Smith statue in Edinburgh yesterday; he would concur w/ your supply/demand curve.  smile

I booked an automatic for 13 days for our September 2017 Ireland trip back in January.  It will be 453 euros for a compact, no insurance.

Even though I've owned a few standard shift cars over the years, I really prefer the automatics when driving on the left.  My brain is having enough issues with that.  To me, the extra cash is worth the reduced nervous yelling from passengers.

Just finished driving 700 miles through the Scottish Highlands with no yelling to get over, just a few little reminders.  Having my 18 year old daughter as co-pilot, with my wife in the back also seems to help (wife's idea, isn't she brilliant?).  Btw, the cost for a compact for 8 days in Scotland was 280 pounds, no insurance, automatic.  That includes a fee for drop off @ a different location. 

Also finally broke down and bought a GPS with Ireland/GB maps loaded.  Very nice, and w/ my oldest daughter taking her boyfriend to Ireland next month, it will get 3 uses in first year! First 3 trips were with paper maps, great in the country, no so great in the city streets.

 



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Seems most of the cars in the US are automatics. I wonder when Ireland will catch up with that or if it is a European thing and will never happen? I agree that even if you can drive a manual renting an automatic makes life easier. Hubby can do manual but I can't so we go for the automatic. 

I finally got a GPS last year for Ireland and Europe. It has tried to send me astray several times but is great for roundabout exits. It is a Garmin and has a little English woman living in it. She cannot pronounce some of the Irish towns correctly. Fortunately the town name also appears in print on the screen. I have had a few laughs and "what the heck?" moments with her pronunciations.  

I am looking at car rental rates now through "consolidators". Their prices are much less. Much as I prefer to book directly with a company, looks like it will not happen next time. Funny thing is - in the past - I have called the car company directly and asked if they would match the price. NO! Yet when I booked through a third party for a much lower price I got the same car with the same company who would not lower the price. Surely they must be paying a commission to the third party for the booking? That does not make sense to me. confuse

 

But what does make sense with Irish car rentals?            



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"Ireland Expert"  Michele Erdvig

Click links for Michele's Book or Custom Ireland Itinerary

Visit Michele's Irish Shop for unique Irish gifts and beautiful photos of Ireland.



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I think the consolidation in the companies has open the way for higher prices. 

 

Enterprise bought Dooley a few months back and now they need to pay for it. 

 

I rented from Fox but thru Dooley two weeks ago.  I waived the insurance and everything went fine. 

They did put the squeeze on me to buy more insurance b/c "you  might be a great driver but what about the other tourist on the roads?"  It took an hour to get the car at the airport b/c of the long line. 

 

But it did work out and I got an SUV for 10 days for $425. 

 

:)



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You might be right, but I still think all the increased Demand is playing a HUGE role!  biggrin   Ireland's Tourism numbers are WAY up.  Glad it all worked well for you, though.



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Bob

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Glad to hear Fox and Dooley worked out for your trip.


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"Ireland Expert"  Michele Erdvig

Click links for Michele's Book or Custom Ireland Itinerary

Visit Michele's Irish Shop for unique Irish gifts and beautiful photos of Ireland.

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