Northern Ireland Travel Magazine pexels-photo-5288728-1200x600 Iceland Is The Most Expensive Country To Rent A Car In,  New Study Reveals

Iceland Is The Most Expensive Country To Rent A Car In, New Study Reveals

Northern Ireland Travel Magazine pexels-erik-mclean-8266766-1024x683 Iceland Is The Most Expensive Country To Rent A Car In,  New Study Reveals New research from Confused.com has looked at the cost of renting a car in 58 countries around the world. The study reveals the average cost of hiring a vehicle in each of the countries analysed, as well as the average cost of a tank of fuel, to reveal the countries where it’s most and least expensive to hire a car for your next road trip.

Iceland is the most expensive country to hire a car in

Iceland ranks as the most expensive country to take a road trip in, with the cost of car hire averaging £1,041 a week to rent a car and fuel it with a tank of petrol. Iceland was followed by popular travel destination New Zealand, with it costing just shy of £1,000 a week (£947) to rent a car in the country. Argentina, Jamaica and Israel complete the top five most expensive locations, with the cost of car rental ranging from £574 up to £805 a week for rental and fuel expenses.

Along with Iceland, several other European countries made the top 10 destinations where it costs most to rent a vehicle, including Switzerland, Austria and Ireland, where costs of hiring a car average over £490 a week. In fact, European countries dominated the overall top 20 most expensive countries to rent a car in, with 10 destinations from the continent featuring in the top rankings.

Ranking in 16th position was the United States of America, where it costs £455 a week to rent a car – less than half of the cost of renting a car in New Zealand or Iceland. With less than £40 between them, popular European holiday-maker destinations Malta, Greece and Italy follow the US, with it costing between £421 and £445 to borrow a vehicle and see the sights from the comfort of your car.

Rank

Country

Capital city

Average cost of fuel (per tank)

Average cost of car rental (for one week)

Average total cost of renting a car (£)

1

Iceland

Reykjavik

£67.94

£973

£1,041

2

New Zealand

Wellington

£60.93

£886

£947

3

Argentina

Buenos Aires

£26.40

£779

£805

4

Jamaica

Kingston

£57.84

£575

£633

5

Israel

Jerusalem

£67.21

£507

£574

6

Japan

Tokyo

£46.31

£516

£562

7

Switzerland

Bern

£59.00

£450

£509

8

Morocco

Rabat

£41.97

£463

£505

9

Austria

Vienna

£52.42

£448

£500

10

Ireland

Dublin

£62.31

£431

£494

11

Finland

Helsinki

£68.33

£425

£493

12

Singapore

Singapore

£60.11

£427

£487

13

Chile

Santiago

£39.52

£429

£469

14

Croatia

Zagreb

£50.83

£416

£467

15

Fiji

Suva

£38.57

£422

£460

16

United States of America

Washington

£31.52

£424

£455

17

Malta

Valletta

£64.72

£381

£445

18

Greece

Athens

£65.15

£374

£439

19

Slovakia

Bratislava

£54.83

£382

£437

20

Italy

Rome

£63.90

£357

£421

Thailand is the cheapest country to hire a vehicle in.

The cost of renting a car in Thailand, the cheapest country to hire a vehicle in, equals just 11% of the cost of renting a car in Iceland, the most expensive destination. Costing just £124 on average for a week’s rental and fuel, those looking for an adventure on wheels could roam around the tropical southeast Asian country for over eight weeks, and still not spend as much as if they were to drive a vehicle in Iceland for one week.

Following closely behind is Azerbaijan, with average costs of £157, and Lebanon ranks in third position with costs of £184 for the week period.

Just missing out on making the top 25 most affordable countries to rent a car in, the UK ranked in the middle of all the countries analysed in the research, with car rental in the country costing £338 overall.

Rank

Country

Capital city

Average cost of fuel (per tank)

Average cost of car rental (for one week)

Average total cost of renting a car (£)

1

Thailand

Bangkok

£39.00

£39.00

£124

2

Azerbaijan

Baku

£18.83

£18.83

£157

3

Lebanon

Beirut

£59.51

£59.51

£184

4

Jordan

Amman

£47.82

£47.82

£190

5

Malaysia

Kuala Lumpur

£21.07

£188.90

£198

6

Belgium

Brussels

£61.88

£212.21

£201

7

Brazil

Brasilia

£38.36

£193.19

£201

8

Mexico

Mexico City

£34.57

£131.24

£215

9

Denmark

Copenhagen

£68.93

£194.60

£219

10

Turkey

Ankara

£27.82

£178.49

£221

11

Romania

Bucharest

£46.70

£46.70

£221

12

France

Paris

£60.59

£205.09

£223

13

Cyprus

Nicosia

£49.02

£49.02

£226

14

Oman

Muscat

£19.91

£235.91

£227

15

Hungary

Budapest

£51.51

£51.51

£239

16

Estonia

Tallinn

£57.45

£226.95

£252

17

Bulgaria

Sofia

£44.42

£224.42

£259

18

Germany

Berlin

£60.72

£188.88

£260

19

Spain

Madrid

£55.17

£229.17

£271

20

Czech Republic

Prague

£53.97

£219

£273

Alex Kindred, car insurance expert at Confused.com, comments:

“Driving around your holiday destination of choice can be a great way to see a city on your own terms. With the right playlist, a good snack selection and a nice car to drive in, a road trip really can be the best way to travel!

“However, if you’re planning to hire a car abroad it’s important to do your research beforehand and be prepared. Drivers from the UK will need a full driving licence, their driving licence code, proof of address (such as a bank statement) and photo ID to rent a car in Europe. If renting a car further afield, then you may need documents such as an International Driving Permit. And of course, you’ll need car insurance wherever you’re looking to rent a vehicle.

“When collecting your rental car, you may be offered a range of optional extras, including breakdown cover, music-system cover and more. Some of these can be useful, some less so. To avoid getting pressured into signing on the dotted line at a tourist desk, make sure you know what you’re covered for, what extras are available and which of them you want before travelling.”

To view the findings of the research in full, please visit: https://www.confused.com/car-insurance/most-expensive-car-hire-countries

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