The costs of car hire on holiday this summer

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know the costs of car hire before you take to the road

know the costs of car hire before you take to the road

iCarhireinsurance.com, a provider of stand-alone car hire excess insurance, has looked at the cost of a week’s basic hire with four extras payable on arrival

Travellers will be paying on average £316 to rent a compact family car (e.g. a VW Golf) for a week this summer (30 July – 6 August 2016), across all destinations, although once ‘extras’ are added at the rental desk, including excess waiver insurance (EWI), an extra driver, a sat nav and a child’s seat, the price almost doubles to £612.

In Portugal, the most expensive country in the study, it’s possible to pay almost £800 to hire a compact family car with the extras outlined above. (NB. Hiring with Europcar costs £526 for the week, as well as excess insurance (£118), an extra driver cost (£38), a sat nav (£56) and a child’s car seat (£59) takes the final price to £797.)

The study looked at fifteen different countries, (Australia, Belgium, Brazil, Croatia, France, Germany, Greece, Holland, Ireland, Italy, Portugal, Spain, Turkey, UK, and the USA). Five rental companies’ costs were compared, Sixt, Hertz, Avis, Budget and Europcar.

With the Olympics in Rio this summer, Brazil has been included and is the cheapest place to hire a car. It costs £185 on average to hire a car for the week, with ‘extras’ costing £72 in total compared with an overall average, at all the destinations, of £335.

For the USA, the company used Florida as a guide since this is the most popular destination for Brits. Prices will vary state by state. The average cost of a week’s rental is £222, however the cost of extras is only £168. One of the reasons Florida is so reasonable is because the car hire rate in the USA often includes full Collision Damage Waiver with zero excess for overseas travellers, meaning a customer does not need to purchase excess insurance cover (EWI), which is usually the biggest single outlay when a traveller picks up their hire car.

Portugal (Faro) is the most expensive place to hire a car, costing on average £490 to hire a car for a week, with extras costing on average £356 (excess insurance £154, tyre and windscreen excess £30, sat nav £67, child’s car seat £59 and an extra driver £46), leaving drivers with an average bill of £846.

Because petrol usage varies by traveller, petrol prices have been removed. Generally though the cost of hire plus those extras is more expensive in the most popular tourist destinations such as Spain, (10th out of 15 countries surveyed) France, (12th) Italy, (14th) and Portugal. (15th) Incidentally the UK comes in at 13th and Ireland, 8th.

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