PRESTIGE CAR HIRE
A prestige
car hire or rental company is a business that
rents vehicles for a short length of time. This is usually
from a day to several weeks for a rental charge. The many
local branches of a major rental company are generally
located in city centres or airports. The company would
normally have a website for online quotes and reservations.
Car hire companies often serve people who own a vehicle
that requires repairing or servicing, for example people
who have had an accident and are waiting for the repair
work to be completed. They may also be waiting for the
insurance company to make the compensation payout. There
are also many holidaymakers planning their annual vacation,
and want to travel around in style with a prestige or premium
car.
It is common these days for a prestige car rental company
to offer additional products for hire, such as GPS (global
positioning satellite) system for navigation, and entertainment
systems. Car hire companies usually lease or purchase a
large number of premium and prestige vehicles, and hire
them out to the general public for a hire charge. Hire
fleets can be either owned outright by the rental company,
they can be leased, or they can be owned under a guaranteed
buy-back program( arranged through a manufacturer (these
are known as repurchase cars, because the manufacturer
notes the price of original sale and of repurchase at the
end of an arranged term.
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