Renting a car can be a great way to get around while away on vacation or while your regular vehicle is getting repaired. Unfortunately, the cost of renting a car can quickly begin to add up if you require the use of this rental for more than a few days. Thankfully, there are several tips that you can use to help you secure the lowest possible rate on your next rental.

Plan Ahead Whenever Possible

Car rental rates can vary dramatically based upon supply and demand. When demand is high, such as around holidays, the average rental rate will go up significantly. However, when demand is low, you can easily pick up a rental for a much lower price. This is why it is so important for you to plan ahead whenever possible.

When you book your car rental well in advance, you will have the opportunity to lock in the lowest possible price. Best of all, you will have the opportunity to continue checking for lower prices right up until the day of your trip. If a lower price does become available, you will have the option of updating your reservation to reflect this lower price.

Don't Be Afraid To Negotiate

People often believe that car insurance rates are set in stone. However, this is not the case. In fact, many branch managers will have the authority to negotiate a better rate within reason. The problem is, if you are afraid to negotiate, you will never even know how low they are willing to go.

If you are unsure of what constitutes a reasonable rate, consider calling other rental companies in your area, as well as the surrounding areas. This will give you a better idea of what the market has to offer and will provide you with a starting point for your negotiations. Having this information in hand can also make the negotiation process much easier as many rental companies will be more than willing to match the price of a competitor.

Take Advantage Of Customer Loyalty Programs

Many car rental companies are now offering loyalty or rewards programs that are designed to show their regular customers just how much they appreciate them. Unfortunately, many customers are either unaware of these programs or simply assume that the rewards they offer are minimal. However, the truth is, if you rent a vehicle on a regular basis, these programs may reward you with free rental days or upgrades. If you have yet to sign up for the rewards program through your favorite rental company, like Sensible Car & Truck Rental, be sure to inquire about this program before booking your next rental.