Car rental tips
Sources:
Here are some car rental tips shared by Brad Barrett and associated experts on the "ChooseFI" podcast:
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Using Turo: Consider using Turo, often described as the Airbnb for cars, to avoid long lines at traditional rental agencies. It can be cheaper and allows you to choose specific models, like in Kauai where a guest chose a Ford Bronco 1.
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AutoSlash Tool: Use the tool AutoSlash to find the cheapest car rental options. It also tracks your booked rental and notifies you if the price drops so you can rebook at a lower rate 1.
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Rental Insurance Tips:
- Use a credit card that offers rental insurance, like the Chase Sapphire Preferred or Reserve.
- Decline the rental agency’s collision damage waiver if your credit card provides coverage.
- Make sure the credit card is used to pay for the rental in full and you are the primary renter.
- Check if your auto insurance policy covers rentals. Comprehensive and liability coverage might extend to rentals, but double-check for any exclusions.
- Documentation: Always do a walk-around of the rental car before driving off and take pictures of any pre-existing damage to avoid disputes when returning the car 2 3.
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Car Insurance Hold: If you have more than one vehicle, consider putting insurance on hold for a car that is not in use, which can save on insurance costs. This is mainly for long-term non-use and may be ideal for two-car households during periods like working from home 4.
These tips should help you manage costs and avoid common pitfalls associated with car rentals.
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