Rental car broker wants to perceive falling prices

Car rental (Photo: Sixt).
Car rental (Photo: Sixt).

Rental car broker wants to perceive falling prices

Car rental (Photo: Sixt).
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Commercial vehicle rental companies have drastically increased their prices this year. There are also occasional bottlenecks, because the current demand seems to surprise one or the other provider. However, the intermediary Sunny Cars is of the opinion that prices are currently being reduced again.

At some destinations, demand seems to have fallen sharply due to high prices. Some landlords respond with discounts. Sunny Cars considers this development to be unforeseeable. “The rental car market is now also feeling the effects of the falling consumer climate index. An unexpected trend reversal begins for holiday cars. The market situation changes, but does not show a uniform picture. Rather, it develops in a similar way to the stock market on a daily basis," says the company.

At 75 percent, most of the bookings received in July 2022 relate to the main season from July to September 2022. The smallest vehicle category, "economy", continues to be the traveller's favourite: around 65 percent of all bookings are in this category of small and micro cars . The average booking duration increased by 0,4 days compared to the time before Corona.

Average booking value Sunny Cars / year to date:

  • 2019/July: 352 euros
  • 2022/June: 647 euros
  • 2022/July: 581 euros
  • 2019/July vs. 2022/July = +65% value per booking before Corona
  • 2022/June vs. 2022/July = -10,2% value per booking compared to the previous month

Most bookings in July 2022 fell on these five destinations:

  1. Spain
  2. Greece
  3. Italy
  4. Portugal
  5. USA

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