The term ‘cash’ refers to the monetary value of a vehicle, or the value of the vehicle itself.
However, in California, the value can include other items, including fuel, insurance, taxes and even a driver’s license.
In other words, the ‘cash rent’ can be much higher than the cost of the car itself.
According to an article by the Daily Mail, this is because of a new law that went into effect on April 1, 2017, which makes it a crime to rent a car without a valid driver’s licence.
What are the consequences?
Under the new law, anyone found to be renting a car with a valid driving licence, registration and insurance card is guilty of a misdemeanor.
Anyone caught with a driver or passenger with a license without the right to drive will face up to a $250 fine and three months in jail.
There is also a $200 fine for anyone who rents a car after April 1.
The penalty for using a fake driver’s permit is a maximum of five years in jail and a $1,000 fine.
This is just one of the many new laws that California is currently introducing to help fight the rising cost of car rentals.
What is the best way to book a rental car?
Here are some tips to help make the best of a busy and unpredictable travel season.
Book online: The online booking process can be very effective for bookings made through Airbnb, Uber and similar companies.
You can book your car on their platform or by calling the company directly.
Airbnb provides a free booking tool which allows you to reserve a car and set up an appointment for a pick-up date.
Uber allows you choose from up to 10 pick-ups a day, with the option of paying extra for extra space or the option to get a free Uber app rental.
Uber also provides a cash back program for customers who make a minimum reservation.
Read more: Book online from a car rental company or booking through Uber or Airbnb.
Get the correct credit card: The credit card information on your credit card is vital when booking a rental vehicle.
Check with your credit provider to see if they have a credit card payment system.
Pay with cash: If you are renting a vehicle and it is your own money, this will usually be fine.
However if you are using a credit and debit card and the payment is not made in cash, it may cause a delay in the payment process.
Find out more about payment options in your credit cards terms and conditions.
Keep receipts: If the car is your personal property, make sure that receipts are kept for at least 30 days, and preferably at least a year, to ensure that you are getting your money’s worth.
If the vehicle is rented through a car sharing company, you can also keep a copy of the rental agreement and check this account regularly.
Book through a third party: Many car rental companies also offer their own rental services, so they can also help you book your rental car.
For example, if you book a car through Uber, the company will check the account of your credit union and check whether you have an Uber account.
This will also provide a copy for the car rental agency to check if the account has been updated.
If you find that your credit or debit card has been declined, contact your bank and try to get the money refunded as soon as possible.
Make sure that your payment has been confirmed, and that the vehicle has been parked for a certain amount of time before you leave.
If not, you will have to wait another day or two for your money to clear.
This process can take up to 30 days.