Trend: Rental car prices are falling again

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The costs for the holiday car are falling: the rental car at the travel destination is again available for smaller sums than in the previous year. A big advantage for those who love to travel, as the prices of almost all other components of a trip in 2023 will shoot up significantly. In the middle of the high season, the rental car prices are on average 100 euros below the previous year's price. This is the lowest price in two years. At the same time, there is a growing preference for last-minute items, which was also clearly evident last month. Due to these two factors, the quality rental car operator Sunny Cars recorded the highest number of bookings in July. The lion's share of these: Reservations made very quickly.

After prices rose again in May and June 2023, they fell significantly in the past month. With an average of 471 euros, they are lower than they have been for two years. In direct relation to July 2023, holidaymakers are currently saving around 100 euros per rental.

The rental car bookings don't stop. In the last two years, the number of reservations in July, i.e. in the high season, has always decreased. Because the travelers booked earlier. In 2023, on the other hand, the total number continues to rise and is above the previous months. "A look at the time before the pandemic shows this trend even more clearly," says Thorsten Lehmann, Managing Director of Sunny Cars. “Our number of bookings in July 2023 is more than ten percent higher than in the same month of 2019. Our last-minute forecast has thus come true. We assume that in August numerous holidaymakers will still rent their holiday car at the last minute.”

Car (Photo: Unsplash/Jamie Street).
Car (Photo: Unsplash/Jamie Street).
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