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Car hire prices should decreas...

National

Car hire prices should decrease in Ireland

RedFM News
RedFM News

12:28 10 May 2023


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Ireland's car hire prices should decrease this summer, after the fleet was de-stocked due to the pandemic.

Lat year rental prices increased by 267%, according to a survey by Discovercars.com.

Transport commentator Conor Faughnan says it was a continent-wide issue.

"It wasn't unique to Ireland, it was a pattern right across Europe and it was a post-pandemic thing.

"During the pandemic obviously the car hire companies de-stocked, in Ireland we went down from 21,000 hire cars in the fleet down to about 10,000, and that happened all across Europe.

"There was a delay in restocking them, all global supply chains slowed down, so you couldn't get new cars in, and that was a universal pattern."


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