Rental car prices ahead of Thanksgiving have seen a substantial increase compared to 2020 and 2019, according to reports.
Rental car prices are up as much as 75 percent since 2019 and 66 percent from 2020, ABC 7 reported, citing the travel agency Kayak. Demand has also appeared to spike, as Kayak explained car rental searches are 230 percent higher than they were in 2019.
Autoslash.com CEO and founder Jonathan Weinberg told the New York Post that some rental customers are shelling out $300 a day for a vehicle in destinations such as New York, and nationwide the average is around $100 a day. He added that rental prices are up more than 50 percent in comparison to 2019.
“Things are pretty crazy at the