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How to to price your car rental

Renting your car with the Spagg Network can generate some good extra cash for those additional expenses in college. Renting your car 3-4 days can generate enough money for you to pay books, lunch for more than a week, or give you a good start on the tickets for the spring break...

Defining what rate you will rent your car is an important decision to make. You need to consider how much you will make, but you also need to take a look at the going rate on the market.

Spagg can guide you through the choice of the price for the daily rental, but you remain the ultimate decision maker in this process. We suggest you to take a look at the rental rates for equivalent vehicles rented at priceline.com and expedia.com. From that reference point, we suggest you discount the daily rental rate down 5 to 10$, depending on the age of the vehicle.

We also have a long term discount system in place to incentivize renters to rent for longer periods of time. Once you define your daily rate, here's how Spagg calculates longer term rental rates:

  • A full week of 7 days is charged 6 days only.

  • Every period of 4 weeks is charged only 3.5 weeks.

  • For instance : Suppose you choose the rental rate for your car to be $25/day. If the rental is for a period of 7 days, you will charge 6 X $25 = $150.00 and if the rental is for 4 weeks you will charge 3.5 X $150 = $525.00.
    If you are unsure on what rate you will rate your car, don't worry. A trained Spagg representative will walk you through the process at the moment of the registration of your car.

 
 
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