Helaire-ious
Footballguy
One minute a basic rental car is about $30 a day. Now Enterprise wants $64!!
Out. Of. Control.
Out. Of. Control.
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Has every company joined in on the gouging? (1 Viewer)
- Thread starter Helaire-ious
- Start date
El Floppo
Footballguy
:(
$150/day here for tomorrow. which isn't actually that bad for NYC, especially during the holidays.
I looked last weekend- was over $200.
IvanKaramazov
Footballguy
The rental car market has been messed up for quite a while. The last I read, it had something to do with dramatically reducing their fleet during the pandemic coupled with an inability to source cars now that people are moving around again. Not sure if that's still the issue or not.
Helaire-ious
Footballguy
That's just even more gouging. If all these price increases keep happening then when will our salaries & commissions magically go up to compensate?
Andrew74
Footballguy
fruity pebbles
Footballguy
No cars for them to buy and replenish their fleet
Captain Cranks
Footballguy
Helaire-ious
Footballguy
Helaire-ious
Footballguy
Gouging is gouging
NutterButter
Footballguy
I don't see this as gouging. Seems like there's a reasonable explanation for this.
beer 30
Footballguy
Pretty much both of these. We buy a lot of Pickups for our sales force, last year we had to place orders in March to land trucks in May of this year. The chip shortage crushed the car industry and the rental companies got caught.
Dan Lambskin
Footballguy
ChiefD
Footballguy
They won't, and that's my biggest fear.
I'm feeling like all these prices are going to be the new normal. Once these companies realize they can get it they ain't putting that genie back in the bottle.
It's very frustrating.
belljr
Footballguy
Its the reason we are drivign to FLorida. Prices are already high and now add normal holiday price hikes a rental car alone was going to cost me what 3 of us paid to fly down 2 months ago
FreeBaGeL
Footballguy
I mean, it's basic supply and demand. There are no cars right now. You ever driven by a Ford dealership and seen less than 300 cars on the lot? Right now there aren't even 3 on the one down the street from us.
I think we'll be okay once there aren't 2000 people trying to reserve one of 500 cars.
I think we'll be okay once there aren't 2000 people trying to reserve one of 500 cars.
Sullie
Footballguy
I looked at Turo.com in my area as an alternative. They have a Fiat 500 (2013) for $31 per day, 2016 Jetta GLI for $34 per day, several Toyota Priuses or Prius' or Pri(?) hybrid's for $45 per day, 2022 Civic hatchback for $47 per day, etc.
I've never used Turo before but, honestly, if I needed to rent something (in my area) Enterprise wants $65+ tax + fees +whatever else per day for a Mitsubishi Mirage, a Chevy Impala is $100 tax + fees +whatever else per day and a standard size SUV (Ford Edge) is $107+tax + fees +whatever else per day and a full size SUV (Chev Tahoe) is $235+ tax + fees +whatever else per day - wow - that's just nuts!
I've never used Turo before but, honestly, if I needed to rent something (in my area) Enterprise wants $65+ tax + fees +whatever else per day for a Mitsubishi Mirage, a Chevy Impala is $100 tax + fees +whatever else per day and a standard size SUV (Ford Edge) is $107+tax + fees +whatever else per day and a full size SUV (Chev Tahoe) is $235+ tax + fees +whatever else per day - wow - that's just nuts!
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Navin Johnson
Footballguy
CletiusMaximus
Footballguy
I don't think "gouging" is the right word to describe the ongoing car rental market pricing. When we needed a rental in Ft Collins last Spring, price wasn't the problem issue for us. The issue was finding a company with an available car - any kind of car at any price.
Captain Cranks
Footballguy
I was just going to ask if we're talking about the legal definition of price gouging or a much looser sense of "these are way more expensive than I think they should be." It's definitely not the former and I think the latter is a function of the supply/demand fundamentals at hand. If I go to rent an AirBnB in November, the price is going to be dramatically lower than when I tried to book one in August. Is that price gouging? No.
E-Z Glider
Footballguy
We just booked a trip to the keys for Jan. I was worried about the rental car part after reading that prices were high. We got a car from Priceline for the week at $16.28/day.
belljr
Footballguy
Now price one for Orlando 12/25 - 1/2 por favor cause a couple months ago it was going to be 6 bills
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mr. furley
Footballguy
Osaurus
Footballguy
That’s just crazy anywayNow price one for Orlando 12/25 - 1/2 por favor cause a couple months ago it was going to be 6 bills
More like $100 a day in June, if you reserved a couple months in advance. Closer to $200 if you waited until a few weeks before renting, which I found out when trying to upgrade to a small SUV. I stuck with the smaller car.
belljr
Footballguy
Osaurus
Footballguy
urbanhack
Fight The Power!
AAABatteries
Footballguy
Hookers and blow don’t pay for themselves, guy.
beer 30
Footballguy
Honestly, some of this is catch up for a lean year last year, what could be called 'gouging' or to @mr. furley's point 'capitalism'. Some is legit, prices have gone nuts with the crazy supply chain issues we've seen across the board. Some of it will recede, some of it will be the new normal. I don't think it levels out for another 12-15 months though.
Will the companies realizing profits pass it down to workers? Probably not in the way we'd all like to see it. There are plenty of studies out there that show wages haven't come close to keeping up with consumer pricing over the last XX number of years. At some point it will need to change one way or the other.
Will the companies realizing profits pass it down to workers? Probably not in the way we'd all like to see it. There are plenty of studies out there that show wages haven't come close to keeping up with consumer pricing over the last XX number of years. At some point it will need to change one way or the other.
Desert_Power
Footballguy
Rental car companies are among the most inflationary right now because they sold off their inventories in 2020 and cannot rebuild them fast enough.Helaire-ious said:
Chemical X
Footballguy
avis awd B920508, prolly about $225 depending on your options.belljr said:Now price one for Orlando 12/25 - 1/2 por favor cause a couple months ago it was going to be 6 bills
Roger Sterling
Footballguy
There is.NutterButter said:
jvdesigns2002
Footballguy
Prices are determined by costs and supply and demand. Costs are up across the board. The rental car companies have limited supplies in their fleets as many of them had to sell vehicles to stay afloat. The ones that replenished their fleets had to purchase vehicles at astronomical prices. You also have lots of people traveling again—so I think between rising costs, limited supply, and high demand—higher prices are to be expected. Not sure if you can just attribute this to price gouging.
