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Why Car Rental Companies Insist On Credit Card For Obtaining Reservation or Cheap Monthly Car Rentals ?

As Cheap Monthly Car Rentals  in Randburg all the major car rental companies insist on payments by credit card. This is a standard practice because credit cards are fast, secure and reliable.

Almost every company in the field of car renting demands a credit card while renting the car. Apart from seeking credit card, an authorization is also obtained.

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This is basically done to cover any expenses related to potential damages that may be caused due to a number of factors. In short, the credit card is a kind of security deposit against damage or loss that may be
caused.

In case the car is returned in perfect condition, no charge is levied by the car rental company. In such a case, the only fee charged is the rental fee.

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If there is any damage to the car, the car rental company will instantly charge the damage cover. This is done as per the terms and conditions of the agreement.

The car rental company does not add up to the credit immediately after renting the car. The only amount that is charged is an advanced charge approval.

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This means that some amount is reserved by the car rental company from the credit card. This amount is reserved as an amount that you may have to pay in case of damage to the car.

The car rental companies do not accept debit cards or a check card. The main reason is because it is not possible for the car rental companies to process advance charge approval for the car damage.

Interesting Facts About Cheap Monthly Car Rentals in Woodmead :

About Cheap Monthly Car Rentals in Woodmead :

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If you are traveling on a business trip or to attend to an emergency of some kind, you may find yourselves in a bind when it comes to commuting from one place to another. This is also true for those who find their vehicles malfunctioning at an inappropriate time. Faced with conditions such as these, how would you get out of the bind you are in? Well, either you could at using public transport or consider an option to rent a car for a day. Public transport would definitely be the cheapest option available to you. However, if you are looking to reach places within a set time frame, you sure would not mind spending the extra dollar to hire a car.Hiring a car at any time will not be a problem as long as you have the requisite documents. You must however when you rent a car for a day ensure that you drive the car carefully and return it in the condition it was given to you.

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Car hire companies in the UK, like every other car owner in the United Kingdom are required by law to have insurance for the vehicle covering third party risk. This mean that the vehicle has to have insurance cover for the eventuality that the vehicle is involved in an incident in which third party property is damaged or a person is injured.So when you rent a car from a car rental company in the UK this insurance cover will be in place without you having to pay for it directly as part of your rental cost. The car is likely to have comprehensive insurance included in the rental cost. This covers the cost of repair to the vehicle in the event that it has been damaged.However, due to the insurance costs incurred by the car hire company, they normally try to offset their costs by having an insurance excess or deductible on their policy. The excess amount could be in the region of GBP 600.00 and could be more if the vehicle is a premium type car, like a sports car.The car rental company make the person hiring the car responsible for the insurance excess amount. This means that in the event that the car is damage, the renter would be responsible for the first GBP 600.00 of damage to the car, if the excess has been set as GBP 600.00. By doing this they reduce their insurance costs and also give the renter an incentive to try and avoid the vehicle being damaged.When a vehicle is returned damaged to a car rental location, the car rental staff will normally work off a chart of sorts to establish the approximate cost of repair. They will then apply this cost to the hirers credit card. In the event that the cost of repair is actually less than the amount charged to the credit card, there is some doubt that the car rental company actually contacts the hirer to refund the difference. The hirer should make a point of contacting the car rental company to establish what the exact of cost of damage was in case they are entitled to a refund.

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Almost everyone likes to rent a big car on very affordable rates. All the major car renting companies provide several deals that are competitive and so, there is no fixed place to look for cheap rental. The best way to look for a cheap rental car is to call the rental companies and confirm their quotes. The smaller companies are also getting into the big race and offering the best seasonal discounts. Provision of unlimited mileage is a major aspect that one has to take into account before renting the car. In case, one does not need unlimited mileage, lower rates are possible. Wear, tear and insurance of the car are considered while deciding on the rates. If you are planning not to go on long drives, the deal would not burn a hole in your pocket. If the insurance is done, the extent of accident loss is reduced and in the process, extra charges are lowered. In case unlimited mileage is not opted for, you should strictly adhere to the limit in order to avoid the heavy interest added amounts. Of course, if you have an emergency, you can always compromise on rates. An extensive market survey is very important before renting a car. It is necessary to ask people around in order to know about the companies that provide best rates and facilities. The rates of renting cars vary according to the time frame for which the car is rented. If the car is rented on a weekend, the rates will increase and if it is for weekdays, the rates will be comparatively low.

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