Election Week Sees Record Demand for Rental Cars in Israel
Translated & summarized from N12 by baba
Israel is experiencing a record shortage of rental cars due to Israelis returning from abroad to vote in the upcoming elections. Rental companies report unprecedented demand, with vehicles being booked at any price. This situation is impacting both Israelis living overseas and potentially inbound tourism. Rental prices vary, with last-minute bookings potentially leading to higher costs for larger vehicles.
The story in 4 lines · by baba
- Israel faces a severe rental car shortage driven by Israelis returning to vote in elections.
- Rental companies report record demand, exceeding even peak tourist season levels.
- Israelis living abroad are returning specifically to vote, increasing vehicle demand.
- Rental prices have increased, with last-minute renters facing higher costs.
Israel's upcoming elections have caused an unprecedented surge in demand for rental cars, with companies reporting record bookings. This spike is primarily driven by Israelis living abroad returning to the country to cast their votes.
Industry insiders describe the demand as exceeding even peak tourist seasons, with customers willing to rent any available vehicle at almost any price. One senior executive from a major rental company noted that their remaining fleet was quickly depleted by numerous open reservations. Gabi Tevet, CFO of a company in Petah Tikva, personally experienced this shortage, being turned away by three leading rental firms due to a complete lack of vehicles.
Since voting abroad is not permitted for most citizens, Israelis abroad must return to Israel to vote. Many choose to rent cars to facilitate their stay, visiting family and friends.
The article also details current rental prices, noting that a mini car costs between approximately 225 to 390 shekels per day, while family cars range from 365 to 435 shekels. Smaller SUVs start at around 410 shekels. Weekly rentals offer a reduced daily rate. Last-minute renters may find only larger, more expensive vehicles available. Prices include VAT, and rental agreements typically cover damage and theft with a deductible, along with third-party insurance. Daily mileage limits may apply for short-term rentals, with additional charges per kilometer, while longer rentals often include unlimited mileage. Extra charges apply for additional drivers, young drivers, and airport pickups/drop-offs. Rental companies require a credit card in the primary driver's name and specify minimum credit limits and driver experience.
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