Is there a shortage of rental cars in New Zealand?
Is there a shortage of rental cars in New Zealand? Increased travel in New Zealand's post-COVID world, has led to a shortage of reliable rental vehicles. As New Zealand loosens its COVID rules, the tourism market has seen tremendous growth, resulting in a shortage of reliable rental vehicles.
Do I need a car in New Zealand?
You don't need to drive to see New Zealand. Take the bus or train and you can enjoy the same scenery without the responsibility of driving in an unfamiliar environment. In some places you can travel by ferry. Travelling by plane is quick and convenient.
How easy is it to hire a car in New Zealand?
Getting a rental car in New Zealand is simple. You must be at least 21 and have a valid credit card, just like most everywhere else. Generally, if you're a licensed driver in another country, you won't need to provide anything other than your valid home drivers' license or International Driving Permit (IDP).
Is there still a rental car shortage 2023?
Through 2023 at least, limited vehicle availability will continue. However, most experts report some recovery on the horizon. There were finally early signs of increased allocation to rental fleet channels in fall 2022. Operators still need to be clever in how they source cars as we inch toward supply recovery, though.
Is car rental business growing?
WASHINGTON, March 20, 2023 (GLOBE NEWSWIRE) -- Global Car Rental Market is valued at USD 98.4 Billion in 2021 and is projected to reach a value of USD 126.6 Billion by 2028 at a CAGR (Compound Annual Growth Rate) of 4.3% over the forecast period 2022-2028.
Why are rental cars so expensive 2023?
Why are car rentals so expensive right now in 2023? Car rentals cost more than they did a few years ago due to many different factors, but primarily because of supply chain issues related to the COVID-19 pandemic.
Why rental cars are suddenly so hard to find?
The sudden surge in post-vaccination travel is colliding with a relative shortage of rental cars. Rental-car companies sold a huge chunk of their fleets—hundreds of thousands of vehicles—to survive the pandemic.