Hertz cuts price of one-way rentals

October 15, 1992|By New York Times News Service

The Hertz Corp. said yesterday that it would sharply cut the cost of one-way car rentals for non-business travelers, in an attempt to stimulate new trips and attract customers from other rental car companies, the airlines, bus companies and Amtrak.

Hertz said that it would immediately eliminate its "drop charges" on intermediate and large cars nationwide in the 800 Hertz locations it owns and that it planned to do the same next month at 700 franchise locations.

But its new "one-way rates," charged by the day, will be higher than the daily rate for a car rented and returned in the same city.

For example, a driver in Washington who wants to go to Atlanta and does not qualify for any corporate discounts will be able to rent a midsize car, like a Ford Tempo, for $90 a day, or $270 for three days.

The old rate was $43 a day plus a drop charge of $800, for a total of $929. The rate to rent a car in Washington and to return it there three days later is $43 a day. The prices do not include gasoline, taxes and optional insurance.

Hertz and other rental companies have already eliminated their drop charges between many cities, especially in Florida and California.

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