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Car rental prices Double – companies sold vehicles to stay afloat during pandemic, now face huge demand

This graph shows the rise in median costs at Avis this year, as well as the rise in costs this coming August at other companies like Hertz and Enterprise

Rental Costs Across Major Companies Such As Hertz, Avis And Enterprise Are At Their Highest Since 2015



The price for rental cars have doubled due to a national car shortage triggered by the COVID-19 pandemic.

The shortage has come after rental car companies were forced to sell off vehicles to stay afloat during the pandemic as they try to boost their fleets once more.

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