Book in advance and you could save 1,400% off car-hire fees

Published by Lewis Lyons on 16 May 2018.
Last updated on 16 May 2018

Online car hire

Motorists who book car hire at the last minute could be paying as much as 1,400% more than those who book early, according to new research.

Comparison website TravelSupermarket reveals that booking even two weeks in advance could make a huge difference to the cost. 

Researchers looked at the site’s own advance prices before the May half term for a 30-year-old booking eight days’ car hire from Saturday to Saturday (26 May-2 June) for a compact car, such as a Seat Leon, Ford Focus or Opel Astra, and compared them to the walk-up price at the airport on arrival. 

Booking in advance could save you £300 or more over the half-term week. The biggest airport rip-off was at Alicante in southern Spain, with a mind-boggling mark-up of £1,401%. The pre-booked price was £13.17 for the whole eight days – only £1.65 per day – compared to the airport price of £197.63, giving you a saving of £184.46.

Similarly, motorists hiring a car in Malaga could enjoy a pre-booked price of £19.96 for the same dates versus £299.30 or 1,399% more if they book on arrival. 

The website’s biggest advance booking bargains for car hire over half term were in Spain, Portugal, Greece and Cyprus, including Faro (saving £357 or a 1,055% mark-up), Barcelona (saving £184.75 or 616%) and Athens (saving £203.88 or 265%). 

Prices are so low because it’s early in the season and most European schools are not on half-term break.

Emma Grimster of TravelSupermarket advises: “If you’re going away this half term or later in the summer and haven’t yet booked car hire, it is worth doing so ASAP as prices rarely go down online closer to the date, particularly in the peak summer season.”

 

 

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Hi - your heading on this

Hi - your heading on this article - "Book in advance and you could save 1,400% off car-hire fees" may be eye-catching, but it is a mathematical impossibility, which makes Moneywise look rather amateurish! Whilst it is true that a price of £197.63 for a £13.17 basic hire charge does represent a 1,401% mark-up, the maths does not work the other way around. It is not mathematically possible to get more than a 100% saving on anything, since once you get to 100% off the price you are paying nothing. The saving on the advertised Airport price that is quoted does in fact come out at 93.34% - which is still very good indeed. (Although the mind boggles at how any car hire company could charge as little as £1.65 per day and make a profit - unless there were massive 'add-ons' that were going to charged at the pick-up desk!)