Book in Advance
One of the easiest ways to save money on a car rental is to book it ahead of time. Waiting until the last minute may leave you with fewer options and higher prices. Rental companies often raise their rates as the pick-up date approaches, especially during peak travel times like holidays or weekends.
By reserving your car weeks or even months in advance, you can lock in lower prices and have the freedom to choose from a wide selection of available vehicles. Booking early also gives you an opportunity to monitor price changes. Some rental companies allow you to modify your reservation if prices drop, so keep an eye on rates even after booking.
Compare Prices Online
Before committing to a car rental, take time to compare prices across multiple platforms. Online comparison tools like Kayak, Skyscanner, and Expedia are excellent for quickly checking rates from different companies. Also make sure to visit the rental company’s official website as well.
Sometimes, companies offer exclusive discounts or promotions that aren’t available on other platforms. Additionally, if you’re a member of a frequent flyer program or credit card rewards program, check for special partnerships that might give you a better rate.
Use Discount Codes and Coupons
Discount codes and coupons are a fantastic way to lower the cost of your rental car. Many travel websites, credit cards, and memberships like AAA or AARP provide access to exclusive promo codes. Before booking, spend a few minutes searching online for coupons—websites like RetailMeNot and Groupon often have promo codes for major car rental companies.
You can also check the rental company’s own website or newsletter for promotional offers. Signing up for their email lists might reward you with a special discount for your first booking. If you travel frequently, take advantage of corporate codes through your employer or membership discounts through organizations like Costco or USAA. These easy-to-find discounts can make a big impact on your overall rental cost.
Consider Alternative Pick-Up Locations
Picking up a rental car at the airport is convenient, but you’ll usually pay a premium for this convenience. Many rental companies charge additional fees for airport locations, which can significantly increase your total cost. Instead, look for off-airport rental offices nearby. Even if you have to take a short cab or shuttle ride to reach them, the savings can be worth it.
Sometimes, renting a car from a downtown business district or suburban location often comes without the extra airport charges. Some rental companies even offer free shuttle services from the airport to their off-site offices.
Join Loyalty Programs
Loyalty programs offered by car rental companies are free to join and can save you money in the long run. Brand programs like Hertz Gold Plus Rewards, Avis Preferred, or Enterprise Plus allow members to earn points on rentals, which can later be redeemed for discounts or free rental days. Beyond savings, these programs often come with perks like faster check-ins, bypassing the rental counter, and free upgrades.
Frequent renters will benefit the most, but even occasional travelers can use these programs. Many rental companies also offer exclusive discounts or promotions to loyalty members. Signing up takes just a few minutes and costs nothing, so it’s a no-brainer for anyone looking to save on car rentals.
Opt for a Smaller Car
Bigger isn’t always better—especially when it comes to rental cars. Compact or economy models are often the most affordable options, both in terms of rental rates and fuel costs. Choosing a smaller car can keep your expenses low unless you need a larger vehicle for extra passengers or cargo.
Economy models are also more likely to be available during busy travel seasons, so booking one gives you a better chance of securing your reservation. If you’re traveling solo or with a small group, a compact car might be the smartest choice for your wallet.
Inspect for Hidden Fees
Rental cars often come with a variety of optional add-ons that can quickly inflate your bill. From extra driver fees to GPS rentals and toll passes, these charges might seem small but add up fast. Be sure to review all fees when booking and decide which extras you actually need.
If you’re traveling with friends, check if there’s an additional fee for having multiple drivers—some companies waive this charge for spouses or family members. By declining unnecessary extras, you’ll avoid paying for features you don’t use.
Decline Extra Insurance If You’re Already Covered
Car rental companies will often try to sell you additional insurance, but in many cases, you don’t need it. Check with your credit card provider or personal auto insurance—many policies already include coverage for rental vehicles. If you’re covered, declining the extra insurance can save you $10–$30 per day.
Before you rent, call your insurance company or credit card provider to confirm your coverage details. If you’re comfortable with the protection you already have, say no to the rental company’s added insurance. Just be sure to bring proof of coverage in case it’s requested at pick-up.
Read the Rental Agreement Carefully
The fine print in a rental agreement can reveal important details about your rental terms. Take time to review the document thoroughly—look for mileage limits, fuel policies, and charges for late returns.
Some companies penalize you heavily for returning the car gas tank empty or exceeding a mileage cap. Understanding the contract allows you to avoid surprises when you drop off the car.
Return the Car on Time and with a Full Tank
Returning the car late or without refueling can lead to hefty charges. Rental companies often charge high fees for late returns, even if you’re just a few hours late. Similarly, if you forget to fill up the gas tank, the company will charge you a premium per gallon to refuel the car.
To avoid these costs, plan your return ahead of time. Use your phone to set reminders about when and where to drop off the car. Before heading to the lot, stop at a nearby gas station and top off the tank yourself—it’ll save you some serious cash.