Car rental in Canada is one of the booming businesses there. Car rental is heavily dependent on the volume of tourists taking trips to and within Canada. Cities like Brampton, Mississauga, Toronto in Ontario province largely attract tourists from overseas and across Canada. The car rental market is expected to increase by a constant value CAGR of 3% over the forecast period, to reach C$1.5 billion in 2016.
Car Rental Ontario:
Car rental companies in Ontario region depend mostly on business travelers, tourists and students from other nations. Destinations are less expensive here and that’s why Toronto CMA (Mississauga, Brampton) has witnessed a massive growth in car rental companies in Ontario province as compared to other metropolitan areas. Car rental services are available in different cars and passenger vans like 12 passenger van, 10 passenger van, 7 passenger van etc.
High competition among the car rentals companies in Toronto Ontario, has kept the average rental price low. Though many of them demands of offering cheap car rentals, but there is no reason to think that the offering is below the base price and profit margin remains within that. To make the car rental deal really cheap, you can work on the following things:
- Insurance cost (many rental companies generate profits from insurance)
- Get quote across all the rental companies in Ontario
- Check for annual insurance excess policy
- Use credit card as you get cash-back
- Use referrals from friends, relatives.
Select a car rental company wisely or ask us at 905-458-7770, we will guide you better.