Car rental is the provision of a car – or van – for a set period of time, from one day to as long as three months (ofter referred to as flexi-rental). Rental is a good way for small businesses to access the latest cars when they are required without requiring to pay the standing costs associated with a company car.
Daily rental shortage gives fleet managers a headache
Many daily rental companies defleeted large numbers of vehicles during the pandemic and, because of the semiconductor shortage affecting car and van production, have found difficulty in replacing them. Even when they can get stock, they are having to pay something closer to list price, which has not historically been their business model
