Something that is cheap, doesn‘t necessarily have to be bad or of poor quality. Everyone who chooses our car rental services can make it sure. Cheap car rent exists in Vilnius because there is very fierce competitive struggle, but you can read about it further.
Situation on the car rental market
There are 160 car rental companies in Vilnius these days. Part of the companies are small, having 2-6 cars park, the others are medium-size, having 7-20 cars park. There are some big companies as well, often owned by international networks, having more than 20 cars park.
Car rental companies compete with each other, as well as with some individuals, who have 1-3 cars owned by their selves or by their relatives and rent them illegally. It means that their activity is not legalized as an individual activity, they don‘t pay taxes to the State, they are not responsible by their assets.
Car rental companies partially compete as well with individuals who rent cars not regularly, like only few times a year when they go on vacation or on a business trip.
Competition is very high, so the car rental prices are very favorable these days.
Car rental price level
Car rental price level in Vilnius is very similar to the Lithuanian one, but there are some signals saying that it is gradually declining due to high competition. We can specify 3 price levels:
- 24-45 litas per day*. These are small economy-class cars, produced before year 2001.
- 45-120 litas per day*. These are 5-12 years old car of various capacity.
- more than 120 litas per day*. These are new cars, up to 5 years old, often coming with a manufacturer‘s warranty.
*The prices given are for a longer lease – 14-30 days.
Occasional and vintage cars – is completely different issue, so we are not going to examine it here.
Carrenta is focused on the first and the second price level in the first place, because it is the most useful and the most competitive, but we always have few business-class cars for rent and we are always ready to provide car rental with driver service. Cheap car rent in Vilnius is a great opportunity for drivers to rent a HIGH-QUALITY and reliable cars at a reasonable price.
What determines the car rental price
Our customers often ask us, why a Skoda Octavia rental costs the same as a Mini One rental, even though their classes are completely different? How is the car rental price set? Car rental prices are set according to multiple criteria. You should evaluate the year of production of the car and it‘s technical condition, which can be used to calculate the amortization and investments into the further technical support and maintenance. This is why come contracts have an additional paragraph providing the maximum number of kilometers for a day (200-400 km). You should also evaluate the car insurance costs, because all the cares are covered by the mandatory and sales tax insurance. The sales tax franchise amount is usually the same as the amount of the deposit that the driver must leave when he takes the car.
The price of car rental IS NOT affected by the fuel consumption, because the fuel is the driver‘s matter. According to the contract, the car must be returned with the same fuel level as at the collection moment.
The price is influenced by the car brand. It is obvious, because BMW, Mercedes-Benz, as well as Audi, Lexus or Mini are considered to be prestigious cars, but cannot say the same thing about Ford or Skoda cars. This increases the value of the car, and at the same time the cost of the car rental.
The car rental price is being affected by comfortability of the car as well – heated seat, air conditioners and climate control, rear vision system, built-in GPS, etc. The more comfortable is the car, the higher is the price.
There are some more things that have impact on the price. One of them is such a natural factor as the car purchase price. Car rental is a business, so it is natural that the car owner wants to earn some profit. If there were invested 50 thousand litas in the car, it is immediate that this amount should be collected as soon as possible from the car rent. Car payback is quite long, and it takes a few years, so the car rental is a long-term business.
Carrenta car rental
Our car rental, as already mentioned, enters into the second price level, because the demand of these cars is currently the highest. Cheap car rental is what our customers want, so we provide them with the perfect opportunity to rent a low cost car that is reliable and safe.
In addition to standard classes and brands (BMW, Audi, Ford, Nissan, Skoda, Mazda and other) we also offer you original Mini Cooper cars Mini One. We also rent prestigious BMW525 cars. Their rent is long-term and is for the people who are going to ride these cars not just for a weekend, but for 2 weeks and more.
Our car park is constantly being upgraded with new models. Car reliability and security is our priority No.1. We also pay much attention to the maintenance and long-term cooperation development. We work with companies and private individuals.