why are rental cars so expensive


How fast are the NASCAR cars? The average top speed of a NASCAR car is just over 321km/h, or 200mph. Compared to a Formula 1 car, this is quite a bit slower, as they hit speeds of 360km/h (223mph). Indycar – another major American racing series – is faster still, reaching speeds of 380km/h (236mph).

Why are rental cars so expensive nowadays?

Demand for rental cars is outpacing the supply of available vehicles, so rental car prices have gone sky high. If you have been surprised by unusually high rental car rates, or by rental cars being generally unavailable, read on.



Why are rental cars so expensive all of a sudden?

Demand for rental cars is outpacing the supply of available vehicles, so rental car prices have gone sky high. If you have been surprised by unusually high rental car rates, or by rental cars being generally unavailable, read on.


How come rental cars are so expensive now?

That is because the shortage of semiconductor chips that has held up auto manufacturing persists, leaving rental car companies to operate with lower inventory after they sold off chunks of their fleets in the early days of the pandemic. Building that stock back up has been more difficult than expected.

Why is there a shortage of rental cars?

Car shortage Rental car companies sold off cars when demand dipped by as much as 80% in the early days of the COVID-19 pandemic. As travel has returned, though, the companies have not been able to replace cars at a fast enough rate because of problems with the global supply chain.


What is causing the shortage of rental cars?

That is because the shortage of semiconductor chips that has held up auto manufacturing persists, leaving rental car companies to operate with lower inventory after they sold off chunks of their fleets in the early days of the pandemic. Building that stock back up has been more difficult than expected.



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