Car Rental
About a quarter of Car Rental units are equipped with tracking technology, analysts estimate. The car rental industry views telematics as a means of enforcing its contracts, while many customers see it as an invasion of their privacy.
The $250 bill you had expected ballooned to $3,250 – most of it a result of a $1-a-mile fee for each of the 3,000 miles driven. It turned out that by crossing the state line, you had violated the car rental contract.
Lease Cars offer you the opportunity to enjoy “more car for the money” and avoid the headaches of selling or trading. You’ll find that the monthly leasing payments are substantially less than buying.
When leasing, you will be responsible for insurance premiums, ongoing maintenance costs, safety and emissions inspections, and of course any traffic tickets.
Your Car Lease agreement will tell you how many miles you can drive before you must pay for extra miles, how much the per-mile charge will be, and what is considered “excessive wear”.
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