Many times customers are lured by the car rental companies with amazing rates of only a few pounds a day for a car hire. What they don’t know much about, is the car rental deposit.
The security deposit required by the car rental companies can easily go over £1500 for a small car.
There is a high chance not to be able to pay such deposit because of the credit card limit.
However, most of the people don’t feel comfortable to have such amounts frozen/held on their cards, therefore prefer to hire a car with a low deposit.
What is Low Deposit Car Hire and how can it be reduced to a minimum?
Working for long enough with some of the top rental suppliers around the world gave us the advantage of knowing and understanding their practices. Therefore, we came to know where Low Deposit Car Hire is possible and how to make it happen.
There are two instances of Low Deposit Car Hire
First instance requires to take out a SCDW extra insurance (Super Collision Damage Waiver), to reduce the Car Rental Excess to Zero.
In such cases usually the deposit required is only a fuel deposit, if the fuel policy is Full to Full.
This option will increase the car rental total cost but reduces the liability in case of accidents and the deposit to a minimum amount.
The second instance doesn’t require extra insurance but you are still liable for the full excess.
At many locations we can offer Low Deposit Car Hire, without having to take out any kind of insurance.
The deposit is minimum £200, depending on the location and the hired vehicle.
In this case we can introduce you to our third party Excess Reimbursement Insurance partners. The costs for such insurance starts at only £3.99/day or £39.99/year and works on claim basis only.
Low Deposit Car Hire Locations
If the location where you want to hire is not in our list, this doesn’t mean we can offer you the best car hire deposit option.
Get in touch with us and we will provide the best deal for you within few hours.
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