As a result of the downturn and a lack of orders for new vehicles, most car manufacturers ceased production at their factories to reduce their stock holdings.
We know that orders for new vehicles were down, but I had not considered the short term rental market that much until I was chatting to Laura Johnson, my local Travel Counsellor who was telling me that the rates for holiday hire cars had shot up recently.
She was telling me that the price had gone from £300 to almost £1,000 for a weeks hire on a reasonably standard vehicle. I can see why as there is a lack of vehicles being purchased even with the efforts being made by the governments around the world.
My advice on the topic is this, get someone like Laura to sort it for you as she can not only tell you where to go, but she can make sure you get the right vehicle once you get there.
Fleet Risk Consultants