In the light of the past couple of years, it’s reasonable to say that no one can forecast the future. However, as Wisecars.com has years of experience and data, we would still like to make some predictions of the 2022 car rental industry trends- let’s see what the new year brings us.
Search trends show that customers can’t wait for the car rental prices to finally drop. The top one question is “will the car rental prices go down in 2022?” The short answer is, most likely no.
- Chip shortage is estimated to last at least until 2023. This means, car rental companies who sold their vehicles in the beginning of the pandemic are struggling with low fleet volumes.
- The great resignation means car rental companies will have to ramp up their hiring campaigns and most likely invest higher amounts into the workforces.
- Cancellations caused due to current omicron outbreaks mean more expenses and some chip factories have already been forced to shut down as well.
We can also see that the whole car rental industry is shifting and adapting to modern times. The keywords seem to be mobility, seamless experience and fast service.
- As customers are currently very price aware, car rental price comparison sites such as Wisecars.com are becoming favorable over booking directly with car rental suppliers.
- Travel horror stories are making customers hesitant and anxious. There’s a recent trend of major news sites publishing articles about car rental companies mishaps, spreading the stress even further.
- Search trends show that long term car rental is becoming more and more popular. Long-term solutions have proved themselves to be convenient, saving customers from the headaches about car maintenance and service hassles, not to mention the flexibility of changing vehicles whenever needed.
Our recommendations for using car rental services in 2022:
- Research recent customer experiences in the specific location
- Book your vehicle early to avoid fleet failure. Some car rental companies even provide faster pickup for people who have reservations
- Make sure you have a major credit card with insurance to avoid any surprises.
- Don’t ruin your journey by worrying too much. Despite the car rental industry going through difficult times, there are still millions of people renting cars and keeping the standards up.
Don’t hesitate to share your thoughts with us. Our team is aiming to make the car rental experience even more seamless and stress-free in 2022 and we are thankful for everyone who has joined our journey.
-Wisecars.com team
