Car rental without collateral: is it as profitable as it seems?

Some customers of rental services are intimidated by the requirement to leave a deposit. They believe that the bail money may not be returned back. In this article, we will talk about what a deposit is, whether it will be returned exactly and whether it is worth renting a car in Kyiv without a deposit.

A car is an expensive property, therefore, by providing it to a person, the rental company wants to insure itself by keeping the client's deposit. Otherwise, the client would have a car in his hands, and the company would have only the driver's passport data.

Thus, the deposit is a kind of “reminder” to the client that he must return the car in time, safe and sound. The amount always depends on the class of the rented vehicle. The money will be "frozen" on the client's bank card and can be withheld if he does not fulfill the terms of the contract.

The rental service is obliged to notify the driver what actions on his part may cause the loss of the "reserve", for example, if the car is returned dirty, forgotten to fill up or damaged. Most often, the deposit is not returned in the event of an accident. It should be noted that some services charge a “double” deposit: they also sign an agreement with the client on an additional fixed amount that will have to be paid in the event of a traffic accident.

So is it possible to rent a car with a deposit? If you know for sure that you are dealing with a rental service that values its customers, then you should not worry about the money left behind. Such "insurance" is designed to protect not only the company, but also the client - from excessive cash costs. On the one hand, in the event of an accident, the driver will have to pay funds to the company, on the other hand, the “guarantee” cannot be increased even if the car is broken.

When choosing a car, ask the manager if all the reasons for which finances can be left on the company’s account are spelled out in the contract. Please read the reservation clause carefully. If you plan to rent a car for a long time and doubt that you have understood the terms of the transaction correctly, consult your lawyer.

Car rental in Kyiv is cheap and without collateral - is it always profitable?

Earlier it was said that the deposit is a kind of "insurance" for the service in case of dishonest behavior of customers. But many companies offer cheap rentals without additional reservation of a certain amount. Often this offer is designed for a quick promotional effect. Do not rush to sign a "tempting" contract! To begin with, you should compare the cost of renting with the cost of renting a car of a similar class or even the model you have chosen in rental salons, where the amount is still “frozen” on the card.

Rental companies often compensate for their risk by raising the price by 50%. Go through a few offers and make sure that you don't run into a banal attempt to lure a client with the phrase "no deposit".

Benefits of renting at LuxServis

If you want to rent a car in Kiev without a deposit, then our offer will surely seem profitable to you. The company provides cars with a cash deposit or under the “re-authorization” procedure. In this case, your funds will be blocked on your bank card, and after the car is returned, they will be automatically unblocked.

You do not have to sign a franchise agreement (an additional deposit), because the reserved amount is also a franchise at the same time. In this case, the amount cannot be increased regardless of the degree of damage to the car. And this is just one of the advantages of our service.

- Rental for any period. We can rent a car for a month, several weeks or days.

- Round the clock support. Whatever happens, you can contact the service by phone, skype or e-mail both day and night.

- Guarantees. The cars are in excellent technical condition. They are absolutely clean and have a "new" look.

- Interesting offers. The fleet has special options, such as an electric car and vintage cars for weddings. Pay attention to bright sports cars, roomy minibuses and SUVs for off-road travel.

- Simple design. If you want to get a car, you will only have to provide a driver's license (for foreigners - international standard) and a passport.

Regular customers of the service can take advantage of discounts and profitable bonuses. Contact us and we will take care of your comfort.