SA CAR RENTALS AMONG CHEAPEST
A 2016 survey by Deutsche Bank found South African car rental prices are the second cheapest in the world, behind only China in terms of a like-for-like dollar adjusted rate per day benchmark.
Lance Smith, executive: sales at Avis southern Africa, said local car rates are also about one quarter the price of a comparable car rental in New York City.
While the Deutsche Bank study uses Avis Budget Group LLC data, what it fails to highlight is the relative size of China’s rental market, which is a comparatively small rental market given that most vehicles are hired with chauffeurs.
Thanks to exchange rate shifts, the dollar price of SA car rentals has halved in the past four years — from $69,30 in 2012 to $35 in 2016. South Africa’s car rental rate came to $35 per day.
“As car rental providers, we have been doing our level best to keep prices down in order to offer the local market the best deals possible. But when one looks at the rates international travellers pay, South Africa is almost unbeatable,” said Smith.
Tourists who rent a car to travel in South Africa will also be happy to hear the bank’s weekend getaway index rates SA as third in best value, behind only India and Malaysia, and only Indonesia has cheaper meals at pubs.