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Fuel price hike leads to increase in cost of car rentals

PUNE For Manoj Gaikwad, it was a hard decision to cancel his trip to Nagpur with family

Published on: Jun 10, 2021, 23:51:20 IST
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PUNE For Manoj Gaikwad, it was a hard decision to cancel his trip to Nagpur with family. But, thanks to the increased fuel rates and its impact on rental car charges, he had to. “I am originally from Nagpur, my parents stay there and as the unlock started, I was planning to go for a week to Nagpur. When I enquired about hiring a car, I was shocked to know the rates. Earlier, a car rental was 10 to 12 per km, which is now 15 per km at least. We are already suffering financially, so I cannot afford to pay such a high rentals, so we cancelled our trip,” said Gaikwad.

HT Image
HT Image

In the last one month, prices of petrol and diesel have spiked. Currently, a litre of petrol in the city costs 101 and diesel is at 93 per litre. This has ultimately led to increase in charges for car rentals and tourist bus tickets.

“Just like everyone else, the transportation sector has also felt the impact of the Covid lockdown and the fuel hikes. Almost every one of us are without work for the last 1.5 years, and there were hardly any private trips in the last two months due to lockdown. Then there is this fuel hike, so we were forced to increase our rental rates. Now, our per km charges are 15, which earlier was 12,” said Rajan Shine, owner of a transport company.

Smita Mulani, an IT professional, said, “Next week we are planning to go to Aurangabad for a family wedding. We booked a 17-seater bus. For one day we have been charged 15,000, with toll charges extra. This rental is high, but as the wedding is important we do not have any other option. The fuel rates are impacting common people’s lives.”

 
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