Paris, July 15 (Wang Qinming) Affected by multiple factors, car rental prices in France have increased significantly this summer, with the average price across France rising to 524 euros per week, twice as much as in 2019. This summer, the average weekly rental price for a regula

Paris, July 15 (Wang Qinming) Affected by multiple factors, car rental prices in France have increased significantly this summer, with the average price across France rising to 524 euros per week, twice as much as in 2019.

This summer, the average weekly rental price for an ordinary small car in France soared to 524 euros, almost twice what it was before the epidemic. In the summer of 2019, the average weekly cost of renting a car in France was just €254. Although the price has doubled, the business of car rental company is still booming because demand exceeds supply. Considering that the current price of fuel per liter in France has risen to about two euros, the cost of renting a car for vacation this year has increased significantly.

Last summer, despite the impact of the epidemic, car rental costs have risen to an average of 414 euros per week. In some coastal tourist cities, car rental prices are even higher. In the resort city of Nice in southern France, the average rental price of an ordinary small car is 800 euros. /week, which is three times the usual price.

Car rental companies try to justify prices from multiple aspects, such as increased costs, shortages of automotive electronic components, closures of subcontractor factories, logistics difficulties related to the Asian epidemic...

suffers from multiple reasons As a result, it is currently necessary to wait longer to buy a new car in France than before the epidemic. However, car rental companies such as Avis, Hertz, Europcar, Sixt and other car rental companies that purchase cars in large quantities have to wait longer than individual buyers.

Due to lower profits, car manufacturers will choose to deliver orders to car rental companies last. Car rental companies tend to order small cars in bulk, so they can often get good discounts. When there is a shortage of cars, manufacturers are more willing to sell their SUVs and other vehicles to individual buyers because they pay higher prices.

Registrations of family cars allocated to the short-term rental channel fell by 32.6% between June 2021 and June 2022 due to a lack of vehicle supply.

Due to the increase in the number of people choosing to rent a car for travel during the summer vacation in France this year, and the peak season in early summer, the car rental market has experienced a situation where it is “hard to find a car”. There are often customers who are unable to travel normally because they cannot rent a car, and have reported to car rental companies. temper. Even those who rent a car may not get the ideal model.

Is the increase in French car rental prices temporary? Experts are not optimistic about the future. According to relevant experts, car rental prices in France are in a spiral upward process and will not fall significantly in the future. They should never return to the prices in 2019.

In addition to supply issues, electric vehicles have an increasing proportion in car rental companies, and French law is pushing car rental companies to develop in an environmentally friendly direction. The purchase price of electric vehicles in France is higher than that of ordinary fuel vehicles, which increases the cost of car rental companies, which is one of the reasons for the current increase in car rental prices.

If you cannot rent a car, you can choose to carpool to your vacation spot. If you are lucky enough to rent a car, you can also offer paid ride-sharing services to others to reduce the cost of renting a car. This is not against the law in France.