Car Hire Struggles at Malaga

Car hire companies in Malaga are struggling to keep their heads above water. Prices have been increased up to 30% as banks refuse to offer more finance for new vehicles ...


Cheap Car hire struggle at Malaga

The Sur in English newspaper, reported this week:The hire car market is currently facing up to a difficult paradox. Demand for hired vehicles is at present much higher than supply, yet companies cannot increase their fleets due to a lack of credit offered by banks during the economic crisis. Companies are turning to loans direct from car manufacturers and outside the banking sector, yet new car purchases have still dropped by 90%. Car hire prices have soared at Malaga Airport, trebling to €90-€100 per day.

This trend looks set to continue into September. Customers are urged to book now if they want a car for August. Certain companies are booked up throughout summer already, especially where smaller, cheaper cars are concerned, and have even resorted to hiring out employees´ own vehicles, in order not to lose trade.The greatest shortfalls lie with large tour operators. Holidaymakers are advised to try small and medium-sized firms instead.Cheap car hire at Malaga Airport and elsewhere in Spain is still available through carhire4airports. Let us check out 450 car hire companies, including cheaper local firms to find you unbeatable car hire prices and discounts.