Car rental is a major source of income for Charlotte residents.
Charlotte has the second highest number of car rental cars in the state after Charlotte-Mecklenburg, according to the state’s Economic Development Department.
Car rental revenue accounts for roughly 40 percent of Charlotte’s overall income.
Car rental car owners have to pay $150 per day to use their cars in Charlotte.
However, the rate can be as low as $25.
Car owners in Charlotte can choose to rent a car with a deposit of up to $150.
A deposit is required if they want to rent for more than 30 days.
A car rental can be leased for up to 30 days if they choose to do so.
The maximum rental period is 30 days, and car rental fees vary based on the car and the rental company.
The state’s maximum rental rate is $2,500.
Charlotte residents who want to buy a car can choose between a $100 deposit or $200 down payment.
Charlotte car rental company Car2Go provides services for both people renting a car and owners.
Car2Go has car rental options that range from a monthly rate of $25 to a full-time rental of $15,000.
Car owners are also able to use the company’s car sharing service, Car2GO Go, to rent cars for a fixed period.
Car rentals in Charlotte are also covered by the city’s Affordable Housing program.
Charlotte residents are able to receive tax rebates for purchasing and maintaining their own homes.