As Rental Cars Near Here in Roodepoort the beginning of time car rentals were only available on a per day, per week, per mile basis. You rented a car and paid for the time used and the miles driven. However it was only a question of time and circumstances before car rentals would be offered with free mileage.
In 1967 my partner and I took over a bankrupt car rental company and had three rental stations, Miami, 5th Street on South Beach and the third in Ft. Lauderdale. At the time Yellow Rent A Car, owned by Yellow Cab of Miami, with rental stations in Miami and Ft. Lauderdale was offering a sub-compact car with unlimited free mileage at $45 a week. They were the first and only car rental company with free mileage but with a one week minimum rental requirement.
I can not tell you what year they first offered free mileage but I can guess why. They were only in South Florida, Local Car Rental Places they were only dealing with the leisure market and Disney World 200 miles north was not open. Renters did not use a lot of miles. The competitive rate for a sub-compact car back in the 1960s was $5 per day, $25 per week [5 times the daily rental] and 5 cents per mile. With a one week minimum rental at $25 and with their weekly rate of $45 they would have the difference, or $20, to cover the cost of the miles. At 5 cents a mile the client could use up to 400 miles for the week and the rental would be a wash. I found out later that this was a winner for Yellow Rent A Car.
To my knowledge Yellow Rent A Car was the granddaddy of free mileage. Their caveat was a one week minimum. My partner and I, owners of Capital Rent A Car took it one step further. We were the first to offer unlimited free mileage one day or more. One week minimum rental did not apply. It couldn’t get any better than that and I will tell you how it evolved.
We first published in CATM in 1970 and I mention this because I previously stated that we, Capital Rent A Car, A Rent Car was the first to offer unlimited free mileage one day or more. To substantiate this claim I must mention that in 1942 I was in my seventh grade Shop class and the teacher claimed that he invented the airplane before the Wright brothers. I am not kidding you and maybe he did. But if he did he didn’t tell anyone so Wilbur and Orville got the credit.
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Maybe we weren’t the first with unlimited free miles and maybe someone in Okemos. MI or Rockford, IL did. But if they did they didn’t tell anyone. We did by being in a national publication, CATM. So we are going to take the credit for being the first. The next time you rent a car and don’t pay for mileage you can thank us.
For those out there who wish to contest our claim please contact me at my email address below, You can also read another one of my Ezine Articles, “Start A Major Car Rental Company”, dealing with the car rental business at the resource below.
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A lot of people will go online and will place their rental fees on credit over the net. This is a great option for those who are looking to travel away from their respective areas. Youll need to keep in mind that there are some hassles when it comes to renting a car online, but youll need to learn how to protect yourself from the fraud and the lies. When it comes to using the internet, youll need to consider that youll be able to find more online rates and discounts that fit into your budget. Youll also be albe to easily shop around. Youll want to call the rental company so that you get the rates that are quoted online. Youll need to make sure that you mention any coupons as well, so that you get the rate that you are promised. Youll also want to consider that there are some rental companies that will offer you special rates. Youll want to look at things like the online packages too so that you can cut the rates. Another things that youll want to keep in mind are that many of the deals that you will find online will not be applicable at several locations. Youll need to make sure that youll get the rates that are promised to you, so it is very important that you make a follow up call before you place your rental order. Youll also want to consider getting some verification on some of the terms and conditions so that you dont end up in shock at the point of no return. The last thing that you want to be is out in a strange place with a crummy car.
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Leasing a CarLeasing a car is like renting a vehicle: you pay a monthly installment which includes a fee for the use of the vehicle, and some other fees and costs, like insurance, maintenance, administrative fees, etc. However after a period of time leasing, you are entitled to exercise the right to purchase the vehicle for a considerably smaller amount than the retail price of the car. If you decide to do so, then the monthly payments you've made can be considered to be part of the purchase price of the car and you only have to put enough money down to complete payment. Benefits of LeasingLeasing is an excellent option for those who like changing their car every two or three years because you don't need to sell the vehicle, you just have to notify the financial institution you don't want to pursue with the leasing for another period and return the car. You can even arrange for the car to be exchanged for a new model or another brand and model and start paying the leasing installments for this new car.Summing upAs you can see, the answer to whether you should request a loan to buy your new car or lease, is not easily answered. You need to analyze if your needs are satisfied with the leasing option or you prefer to own your car even if you have to pay a little more and have a debt on your back for a couple of years. Bear in mind though, that unless you plan to have your car for many years, a new car loses a portion of its worth immediately after you buy it. When leasing you don't suffer this drawback, since the car does not belong to you.