Car Rental: Benefits, Overseas Requirements and Statistics

Transportation, and cars in general are an extremely significant aspect of the everyday lives for millions of individuals globally. Aside from domiciles, automobiles are perhaps the second most expensive purchase individuals make. While the majority of individuals own their own vehicles, certain circumstances arise requiring them to rent a vehicle. Globally, it is estimated that a minimum of three million cars are rented each year for various reasons. Whether cars are rented for insurance replacement purposes, company fleet purposes or general leisure, the car rental industry is an extremely beneficial, yet profitable sector. Statistically, car rental agencies are the largest purchasers of cars and trucks domestically. It is also estimated that car rental agencies purchase around 2.4 million cars each year. Furthermore, resulting from purchasing more vehicles than any automotive dealership or fleet company, rental agencies generally purchase these vehicles for a significantly less amount. Not only do these agencies rent an abundance of cars annually, they also sell the majority of their cars, evidently netting a generous profit during each transaction. 

Car rental is a result of a necessitated situation, often requiring a replacement vehicle due to an accident, or travel related mobility purposes. Renting cars also allows the renter to experience a particular vehicle before a potential auto purchase, provides convenience for renters when traveling avoids wear, tear and mileage on personal vehicles, may provide more seating availability and enhanced gas mileage. Typically, more cars are rented for retail purposes rather than insurance. Although the United States dominates retail rentals, continents including Europe, Asia and even some islands offer some form of car rental. 

Varying by state and country, requirements for renting a vehicle are uniform. Generally, when renting a car, all agencies will requires the renter to possess a valid driver’s license, a major credit or debit card and car insurance. Car rental agencies additionally aspire to maintain sound customer service experiences, clean, modern and maintained vehicles and various vehicle sizes. 

Many locations overseas also rent cars regularly. However, many individuals are often concerned about the process of car rental in different countries, unsure of whether they need an international driver’s license or whether their car insurance transfers overseas. When looking to travel to an island or different country, and still aspiring to sight-see and get around conveniently, many individuals can look for car rental stkitts residents trust. This will result in an abundance of car rental agencies, clearly outlining the requirements necessary in order to obtain a vehicle. 

Saint Kitts and Nevis is an island-country located in the West Indies. It is also the smallest sovereign state in the Western Hemisphere, both by population and area. In Saint Kitts and Nevis, individuals may rent vehicles from various rental locations, including the airport. Requirements and qualifications are generally similar among all car rental agencies there. Before renting a vehicle, ensure the possession of mandatory documents necessary for renting. Additionally, attempt to book your vehicle ahead of time by choosing the vehicle size and dates of your trip to make your dream vacation convenient and memorable.