How Not to Get Ripped Off with Car Rentals

I think if people don't know any better, they should stay clear of renting a car. Either get educated or settle for the local transportation.

The first thing I tell people is don't pay the asking price. That means, don't just walk up to a car rental counter and ask for the price. You will always get ding'd if you do that. Instead, find a computer that is connected to the internet and book it online.

If you are looking for a cheap rental, check out Dollar, Thrifty, Budget and Enterprise. Each of these companies provide pretty new vehicles at their locations for a low rate.

1. The first place when you reach the company's website to check is their Specials page. Depending on how long you need your vehicle, check if there are any dollar savings off a weekend, weekly or monthly rate. Most of these specials are in the form of a promo code or discount code. Take note of it before you leave the page.
2. If you work for a large corporation, check with your company and see if they have a preferred car rental agency and what the discount is. Most large corporations have corporate accounts with Hertz or Avis, and not any of the discount ones that I have listed. With the right corporate code, you may be able to get better rates with their companies or you may get special privileges. I would compare the prices with these discount companies just to see which one offers the better deal.
3. If you don't have a corporate code then ask your friends if they know of any. For example, if you belong to Costco, they have codes for Alamo, Budget, Avis and Hertz. And if you golf and belong to the USGA, you can use their special code for Hertz. (I believe the last time I looked, the code was printed on the USGA site under benefits.) Having a code will save you up to 25% off your total rental costs.
4. When you pick up your car, stay firm on your booking. Because their rates are substantially discounted, they will try to encourage you to upgrade the vehicle for an additional cost. Or if they ran out of the size that you had booked for, they will try to charge you for a larger size car. Either way, stay firm and demand that they honor your booking.
5. Check with your car insurance company and credit cards to see if there are any car rental coverages that are included. For instance, most gold credit cards offer comprehensive coverage on car rentals. This will save you up to $10 per day if you decline the coverage from the car rental agencies but remember to use the gold card to pay for the rental. Also, some car insurance policies allow you to take the coverage you have on your home vehicle and transfer it to the rental car. This could potentially save you another $20 per day.

I personally take no coverage when I rent because my AllState insurance allows me to take my coverage and transfer it to the car rental and my gold American Express card covers the liability. I have to stay firm at the counter, and decline their coverages and not flinch when they say I am responsible for the whole car in case something happens to it. I know AllState and American Express are behind me on it.