Demand for rental cars at its peak - Which brands do clients prefer?

Marios Ioannou 10:07 - 25 August 2023

Economy

The demand for rental cars has registered a leap both since the beginning of the year and in the midst of the tourist season.

It should be noted that rental cars are also considered to be those being used via longer-term car leasing services.

Rental car registrations reached 3,962 in January - July 2023, up 37.7% compared to the same period last year.

One in five saloon cars is a rental

Given that saloon passenger cars totaled 21,178, rental cars are estimated to account for almost 20% of the market.

Of the 3,962 rental car registrations in the first seven months of the year, 2,287 or 57.7% concern used cars and 1,675 or 42.3% relate to new cars.

The most preferred brands

At the top of rental cars is Kia, with 1,049 registrations.

Next is Nissan, with 915 registrations, while Toyota counts 785 registrations.

Brands such as Mazda (191), Suzuki (185), Volkswagen (125) and Honda (110) are well below.

The top ten rental car registrations also include popular market brands such as Hyundai (91), Skoda (75) and Mercedes (55).

In new rentals, the first brand in preference is by far Kia (1,031), while in used cars Nissan is preferred (897), with Toyota being slightly below (625).

(Source: InBusinessNews)

Demand for rental cars at its peak - Which brands do clients prefer?

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