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The car rental business is changing, with new companies popping up all the time.
From Uber, Lyft and Ola to Hertz and AirBnb, there’s plenty to keep an eye out for when it comes to the rental business.
Here are 5 things that are certain to keep you busy and on your toes.
1.
What are car rentals?
Car rentals have been around since the late 19th century, but the modern model started taking off in the early 21st century.
According to the Car Rental Institute, the number of car rentals in the United States hit 2.2 million in 2018, with the majority of these rentals being for small, mid-sized businesses.
The majority of the car rentals are in the Los Angeles area, with a huge number in the East Bay, San Francisco and other parts of the Bay Area.
In 2017, Car Renting USA reported that there were more than 3.4 million rental units in the US, and that there are more than 200,000 car rental companies in the country.
These companies have been expanding their reach in the past few years, and are increasingly able to get their services across state lines.
2.
What is a car rental?
Car rental companies often come up with a different name for each car rental service, but they all have a common core model.
A car rental will typically be a two-bedroom unit or larger with a kitchen, bathroom and living room.
A typical rental will include a full bed, couch, and a full-size sofa.
A lot of these companies will also offer additional services such as a walk-in closet, a laundry room, and so on. 3.
How much do car rentals cost?
Rentals are usually priced around $100 to $200 per day, depending on the size of the business.
Car rentals typically have a flat rate of $10.25 per day per room.
There are a few exceptions to this, including some small business operators who charge a flat fee of $1 per day.
If you want to rent a car for $200 or more, there are plenty of companies out there that will do just that.
4.
What do the different car rental models have in common?
Car Rental companies offer various car rental services, including a car-sharing service called Zipcar, and car rental packages.
Car rental packages usually include: Two-bedroom units, small to medium sized, one-bedroom and two-bedrooms for around $200 to $300 per day