Car rental

Car rental agencies may also serve the self-moving industry needs, by renting vans or trucks, and in certain markets, other types of vehicles such as motorcycles or scooters may also be offered.

[3] An early competitor to Saunders was Walter L. Jacobs, whose Chicago-based Rent-a-Car opened in 1918 with twelve Ford Model T's.

[citation needed] Car rental companies operate by purchasing or leasing a number of fleet vehicles and renting them to their customers for a fee.

[6] In the UK, the registration of rental cars can be concealed by using unfamiliar initials or subsidiaries, which can increase the resale value via manufacturer or third-party dealers.

[7] In North America, it is common to see rental companies with their own branded second-hand car dealers where the ex-rental stock is sold directly to the public.

At major airports or in larger cities, some independent car rental agencies offer high-end vehicles for rent.

This describes the size, door count, gearbox type (manual/automatic), and whether the car is air-conditioned, encoded into four letters.

The first letter in the Acriss Code represents the general classification of the vehicle (e.g. Mini, Economy, Compact etc.).

Generally the vehicle must be returned in the same condition it was rented in, and often must not exceed mileage restrictions, otherwise, extra fees may be incurred.

[citation needed] It is typical, when renting a car, to be offered various forms of supplemental insurance and/or damage waivers as an optional extra at additional cost.

Before considering additional coverage at the rental agency, verify both your existing insurance and credit card benefits.

[10] There are several types of coverage: In the U.S., the sale of these supplemental insurance/waiver products may be regulated by each state's insurance department, and a special limited license may be required by the rental company in order to sell them.