SA CAR RENTALS AMONG CHEAP­EST

The Witness - Wheels - - MOTORING -

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.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.