The advance deposit necessary to rent a car is frequently one of the main issues tourists have while making vacation plans for 2023.
Your finances may be strained by a large deposit, leaving you with less money to spend on your trip. It’s a blessing that many automobile rental agencies provide minimal deposit alternatives, making going without spending too much money more straightforward.
To assist you in making an informed decision, we’ll include the 13 automobile rental businesses with the lowest deposit requirements in this article, along with an explanation of each company’s deposit requirements.
Zipcar – $0
Zipcar offers a unique car-sharing platform, eliminating the need for a security deposit. Instead, it operates on a membership system where users pay monthly.
Renting a vehicle with Zipcar involves an additional charge beyond the subscription fee, making it an attractive option for those who frequently require a car for short durations, such as a few hours.
Zipcar’s simplified process, with fewer rental requirements, makes it more accessible, especially to those not accustomed to traditional car rentals, as they don’t have to worry about security deposits.
Getaround – $150
The minimum deposit amount one can pay is $150.
Usually, no cash deposit is needed for Getaround. Credit cards and other electronic payment methods can be used to make payments through the Getaround platform.
Credit Check: Getaround does identification verification and driver record checks but does not run a standard credit check.
Debit Cards: Debit cards are a common form of payment accepted by Getaround. Renters can make reservations and payments using the platform using legitimate debit cards.
Age Restrictions: To use the Getaround platform, renters typically need to be at least 19 years old. The minimum age restrictions, however, could vary depending on the vehicle advertisement.
Sixt – $200
Sixt is a reputable car rental provider with a low deposit requirement starting from $200.
They know that vacationers’ budgets can vary, and their accommodating deposit policy reflects this. The location and particulars of your rental will determine the precise deposit sum that must be paid.
Local Variability: Sixt has locations all around the world. Please contact your nearby Sixt branch or visit their website for accurate deposit information specific to your vacation destination. The deposit amount and terms may vary depending on the region.
Online Booking: You can frequently make reservations with Sixt online, which makes it simple to compare costs, look for deposit amounts, and reserve your rental in advance.
Fleet Diversity: Sixt offers various cars, from minor to premium.
Age Requirements: Normally, Sixt requires customers to be at least 21 years old to rent a vehicle.
Dollar – $200 to $500
Dollar is a well-known automobile rental company that provides a cheap deposit option, making it an appealing alternative for travellers on a tight budget. One can deposit as low as $200 for a credit card and $500 for debit cards.
Location Availability: The deposit amount and terms may differ by area due to Dollar’s extensive geographic reach and numerous domestic and international offices.
Online Booking: Travelers may find it helpful as Dollar typically provides online reservation alternatives. Through their website, you can examine deposit requirements, compare prices, and reserve your rental in advance.
Fleet Variety: Compact cars to SUVs are among the range of rental automobiles that Dollar typically offers. It lets you take advantage of the cheap deposit option while choosing a vehicle that fits your trip requirements and price range.
Age Requirements: The standard age requirement to rent a car from Dollar is 21.
Thrifty – $200 to $500
Cash Deposit: For renters, Thrifty often provides a cheap deposit choice. Depending on where you are renting and other factors, a different cash deposit may be needed.
Credit Check: Even for individuals who opt to pay with a cash deposit, Thrifty may run a credit check as part of the rental procedure. The credit check aids the business in evaluating the renter’s financial responsibility and determining eligibility.
Debit Cards: Debit cards are a common form of payment accepted by Thrifty. It’s crucial to be aware that some debit card transactions can be viewed as equivalent to cash purchases, which could result in a more thorough review of your application for a rental.
Age Restrictions: A typical age requirement for renting a car from Thrifty is 25.
Alamo – $300 to $400
Alamo typically provides renters a minimum deposit option of between $300 and $400.
Credit Check: Even for customers who want to pay with a cash deposit, Alamo may do a credit check as part of the rental process. The credit check aids the company in determining eligibility and evaluating the renter’s financial responsibility.
Debit Cards: Debit cards are frequently accepted as a form of payment at Alamo.
Age Restrictions: The typical age requirement to rent a car from Alamo is 25.
Avis – $250 to $300
Typically, Avis provides renters with a $250–$300 low deposit option.
Credit Check: Even if you decide to pay with a cash deposit, Avis may run a credit check as part of the rental procedure.
Debit Cards: Debit cards are frequently accepted as forms of payment at Avis.
Age Restrictions: Most customers must be at least 25 years old to rent a car from Avis.
Location Variability: Avis’s operations in different local and international areas.
Hertz – $200 to $500
Cash Deposit: Hertz usually provides renters a modest deposit option, such as $200 for credit cards and $500 for debit cards.
Credit Check: Even if you decide to pay with a cash deposit, Hertz may do a credit check as part of the rental procedure.
Debit Cards: Debit cards are frequently accepted as payment at Hertz.
Age Restrictions: Hertz typically requires customers to rent a vehicle at least 25 years old.
Location Variability: Hertz has many sites where it does business, both locally and abroad.
Enterprise – $400 to $850
Cash Deposit: A cash deposit is required, ranging between $400 to $850, and the amount varies based on the area and the vehicle you’re renting.
Credit Check: Even if you pay cash, Enterprise will perform a credit check as part of the rental procedure.
Debit Cards: Debit cards are typically accepted as a form of payment by Enterprise.
Age Restrictions: Normally, Enterprise requires customers to be at least 21 years old to rent a vehicle.
Age Restrictions: Enterprise has operations in many different places, both locally and abroad. Other locations may have various age limitations, credit check procedures, and deposit requirements.
Payless – $250 to $300
Cash Deposit: Payless Car Rental provides a standard low deposit option of $250 for credit cards and $300 for debit cards.
Credit Check: Even for customers who opt to pay with a cash deposit, Payless Car Rental reserves the right to run a credit check as part of the rental procedure.
Debit Cards: Debit cards are typically accepted as payment at Payless Car Rental.
Age Restrictions: The standard age requirement to rent a car from Payless Car Rental is 21.
National – $300 to $800
Cash Deposit: Typically, National provides renters a low deposit option of $300 to $400 or up to $800 for luxury vehicles.
Credit Check: Even for renters who opt to pay with a cash deposit, National may run a credit check as part of the renting process.
Debit Cards: In general, National accepts debit cards as payment.
Age Restrictions: National typically requires renters to be at least 25 years old to reserve a vehicle.
Turo – $200 to $750
Cash Deposit: Normally, Turo doesn’t demand a cash deposit. Typically, renters use credit or debit cards to pay through the Turo site. Depending on the car and the renter’s age, the minimum deposit is $200, and the maximum is $750.
Credit Check: Due to the platform’s focus on facilitating peer-to-peer automobile rentals, Turo might not run a credit check on potential renters.
Debit Cards: Debit cards are a common form of payment accepted by Turo.
Age Restrictions: The Turo platform frequently requires renters to be at least 21.
Silvercar – $200
The minimal deposit amount accepted is $200.
Cash Deposit: Usually, a cash deposit is not necessary for Silvercar. Renters use credit cards to pay through the Silvercar platform.
Credit Check: A credit check could be done by Silvercar as part of the rental procedure. Credit checks are frequently employed to evaluate the renter’s financial responsibilities and establish eligibility.
Debit Cards: Debit cards may be accepted by Silvercar, although the conditions and rules may change from one place to another.
Age Restrictions: Typically, customers who rent from Silvercar must be at least 22 years old. Additional fees or restrictions might apply to younger drivers.