The car rental industry is in a state of flux.A new set of services are emerging and are disrupting the industry, including car rental companies.Here’s a look at what you need to know to get the most out of car rental services.
What to know about the car rental industry in California
Car rental services are booming in California, where one-third of households have cars, and one in five renters have cars.But many car rental companies are getting squeezed by rising rent costs.As of last year, the average rental company was receiving more than $10,000 per year from car owners in California—compared with $4,000 for a car-rental …