Hire cars in Mallorca

Prices have as much as quadrupled.

16-05-2021Patricia Lozano

Car-hire firms in the Balearics are warning that there is a shortage of vehicles, one of the reasons being that car manufacturers are unable to take orders. The undersupply of vehicles is at a time when - it is hoped - there will be a reactivation of tourism.

Prices are going up as a consequence. There are examples of firms currently charging between 130 and 175 euros per day. The more normal price would be between 30 and 50 euros.

The president of the Baleval association of vehicle-hire businesses, Toni Masferrer, says that a series of factors are affecting the sector. One is that manufacturers are not taking orders, with a shortage of microchips for production being a reason for this. In addition, many businesses are unable to obtain the credit in order to buy cars. All of this, he notes, is provoking a hike in prices. "We have seen them go from less than 100 euros a week to 500 euros."

Ramón Reus of the Aevab association points out that orders had to be cancelled last year because of the pandemic - some 60,000 cars. A similar number is wanted this year but there aren't the cars on the market and the response from manufacturers has been a "resounding no". "It is fair to say that prices have shot up, but they were very low."

The president of the association of automobile distributors in the Balearics, Andrés Vidal, says that the situation is difficult because of a lack of cars due to manufacturers' problems with microchips. He agrees that prices have risen and also that they were previously low.

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JohnG / Hace about 1 month

Final straw for this year then ?

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Simon F / Hace about 1 month

Shortage my eye. Cartel profiteering more like.

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John Parkinson / Hace about 1 month

SUPRISE,Suprise,(don’t think) I recall my previous comments on aftermath of the pandemic and hoped that business on the island would not be greedy and try to fleece the tourists. Car hire today,taxis tomorrow,restuarants and bars day after. Little wonder bookings to Greece,etc are on the increase. Disgusting GREED

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JohnG / Hace about 1 month

Two weeks in June with Hiper for a Corsa and fully comp. is 940 euros.... that’s another nail in this years tourist coffin

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Mick / Hace about 1 month

Looks like car hire firms are going to have a lot of idle cars who in there right mind would pay those rip off prices one good thing is you won’t have to moan about to many hire cars

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Simon F / Hace about 1 month

Shortage my eye. It’s called profiteering.

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