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sterlingice · 03-27-2021, 09:49 AM

Not exactly about airline travel but I didn't see a good rental car thread

https://www.cnn.com/2021/03/25/busin...ike/index.html

Yeah, rental cars are insanely expensive because rental car companies sold more than 1/3rd of their inventory last year to stay afloat.

What they don't mention in the article, of course, is that there are basically only 3 major rental car companies left even though it looks like airports have counters for like 10+ companies: Enterprise (National and Alamo), Hertz (Thrifty, Dollar), and Avis (Budget, Payless). It's basically one big oligopoly and the pandemic was a perfect time to squeeze the industry and they all did the same thing.

SI

03-27-2021, 09:49 AM	#134
sterlingice Hall Of Famer Join Date: Apr 2002 Location: Back in Houston!	Not exactly about airline travel but I didn't see a good rental car thread https://www.cnn.com/2021/03/25/busin...ike/index.html Yeah, rental cars are insanely expensive because rental car companies sold more than 1/3rd of their inventory last year to stay afloat. What they don't mention in the article, of course, is that there are basically only 3 major rental car companies left even though it looks like airports have counters for like 10+ companies: Enterprise (National and Alamo), Hertz (Thrifty, Dollar), and Avis (Budget, Payless). It's basically one big oligopoly and the pandemic was a perfect time to squeeze the industry and they all did the same thing. SI __________________ Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out! Janos: "Only America could produce an imbecile of your caliber!" Freakazoid: "That's because we make lots of things better than other people!"