Car Rental Companies Expanding Again, Leading to Spring Deals

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• Young whippersnappers might not remember that you didn't always have to take out a loan to rent a car for the weekend. Thankfully, after the pandemic years, prices are coming down, and there are even deals to be had.

• Signs that the rental-car industry is turning around can be found in recent expansion announcements, both about new cars being added to fleets and more rental counters in more locations.

• We found some deals from Sixt, Hertz, and Avis in case you're looking for temporary wheels soon.

The rental-car world is shifting back to normal, sort of. These past few years introduced us to a slew of pandemic-influenced strangeness and incredibly high prices. Remember when it cost $200 a day to rent a car or that unusual U-Haul life hack? But now rental-car prices are coming back down to earth, and some companies are back to offering deals for your temporary wheels.

EVs, Luxury Cars Entering the Fleet

One way to see how things are on the upswing is recent news about growing capacity. Hertz, for example, announced this week that it will add 2100 electric vehicles to its Houston fleet, nearly tripling the number of EVs available in the area. Hertz is also building a new fast-charging hub at the Houston Hobby Airport. So far this year, Sixt has announced a number of new North American locations, including Washington, D.C., Pittsburgh, and Toronto, and has said it will announce further expansion plans later this year. In February, peer-to-peer car-sharing service Turo said it was adjusting its maps of where it expects to see growing demand for vacation rentals for its vehicles, with the Carolina coast predicted to be one such hotspot in 2023.