A recent survey of nearly 1,000 US auto rental agents found that a large majority of them had reported that they were unable to handle the mounting volume of new car leases and leases with escalating costs.
In fact, the survey found that out of more than 700 agents surveyed, just over half said that they could not handle the new rates of car rentals and lease renewals that were hitting them at a staggering pace.
In a statement, AutoRentals.com president Tom Miller said that the new car rental rates had hit a “tipping point,” and that many people were being hit by too many car rentals.
He added that the survey showed that, for some, their rental rates have shot up to over $100 per month, but that they needed to take some drastic steps to get by.
In an effort to help those renters who are struggling, Miller has launched a new app called AutoRental.com, which allows consumers to request help from the rental agents, pay off their car loans, or simply call their rental company to ask about other options.
The app has already been downloaded more than 2 million times and is already making waves on social media, garnering more than 30,000 new users in the last week alone.
As the rental industry has struggled to maintain a foothold in the US, a surge in new car rentals has caused the industry to look to the cloud for solutions.
The rental industry is a major contributor to the US economy, and the recent surge in car rental demand has resulted in an increase in consumer debt and auto insurance premiums.
But with an increasing number of consumers finding that their rental insurance coverage is being cut off, some renters are turning to the internet to seek assistance.
According to the Insurance Information Institute, auto rental rates in the U.S. increased by a whopping 12 percent between 2015 and 2020, rising from $26 per month in 2016 to $38 per month by the end of 2021.
With this trend, many renters are now seeking out help from their car rental agents on how to get through the new season.
As one person told The Next Weave, “I had a new car for $150, and my insurance only covered about $30 per month.
My insurance company said they were not covering the new lease and rental rates, so I’m trying to get some help.”
If you have a new or used car, or are struggling to make rent, Auto Rental.
Com is here to help.
Get help from your car rental agent