Most car companies that let you rent a luxury car are expecting their customers to pay them with credit cards, but there are those who preferred to pay them in form of a debit card. Some rent a luxury car companies are not comfortable with such kind of payments because debit cards will depend on the owner’s availability of fund in his/her checking or savings account. Credit cards are more credible because they are more confident that there is already an existing amount from the company where the card was being issued to the client. More so, there are limited numbers of transactions that are allowable for one day by the issuing debit card creditors.
You have to show one or more forms of valid ID to prove the authenticity of your debit card like driver’s license and other formalities to prove your credibility before rent a luxury car companies will accept your debit card. They may gain access to your credit history as to whether you’re a good payer or not via Equifax, Experian or TransUnion. Rent a luxury car companies may ask for a proof of income or employment or auto insurance. There is a probability that you will not be permitted to rent a car if you don’t have these kinds of papers.
Other companies from which you can rent a luxury car may only allow out-of-town clients to rent a car with the condition that they provide a round-trip ticket from domestic flights as proofs of travel. Proof of address may be asked too. Usually, company owners do not allow their customers to have cross country trips for security reasons. In general, rent a luxury car companies do not rent out the best luxury vehicles including SUVs using debit cards by the customers.
Companies who allow you to rent a luxury car are hesitant to let youngsters rent their cars specifically below 25 yrs. old. They may require you to make a deposit or better not think of that idea at all. They may consider renting their luxury cars with your debit card with sufficient amount that is almost equal to the estimated cost of the luxury car rental which is already beyond the credit line of the debit card holder. The idea to rent a luxury car can be done by using upfront payment which requires a deposit either on weekly or monthly according to its rental charges as calculated by the company. Cashed car rentals have a limited choice of said rental cars. Those who meet the required standard age to qualified individuals are also required to present pertinent papers as stated above and the customer may also be required to have a cash deposit aside from the cost of the car rental. Said amount will then be refunded upon return of the said vehicle. This clearly shows that it is a lot easier if you just use your credit cards instead of debit card or cash payment to avoid inconveniences in renting cars.