When planning a trip, one of the most frustrating expenses is the deposit required by many car rental companies. That’s why more travelers are searching for ways to rent a car no deposit and avoid having their money blocked for weeks. But what about the cost? Is a no-deposit rental more expensive than a standard one, or does it actually save money in the long run?
Average daily rates
No-deposit rentals often start around €25–€35 per day for economy cars in popular destinations such as Spain, Portugal, or Greece. In peak summer months, prices can climb to €40–€60 per day, depending on demand. Larger vehicles such as SUVs or vans will naturally cost more, often €60–€90 per day, but the absence of a blocked deposit makes the overall deal more attractive.
How costs compare to traditional rentals
At first glance, a standard rental may appear cheaper, sometimes by €5–€10 per day. However, once you factor in the deposit—often €800 or more blocked on your card—the “cheap” option doesn’t feel so cheap. No-deposit rentals typically include insurance and skip the hassle of waiting weeks for refunds. In practice, the total trip cost is usually the same or even lower.
What’s included in the price
Most no-deposit rentals already include:
- Basic insurance with reduced excess
- Flexible payment options (debit card or cash)
- Unlimited mileage in many destinations
- Transparent fuel policies
This bundled approach avoids the aggressive upselling often seen at counters with traditional rental companies.
Seasonal factors affecting price
Like all rentals, no-deposit costs depend heavily on the season. Summer months (July and August) bring the highest rates, especially in tourist-heavy regions. Shoulder seasons (April–June and September–October) usually provide the best balance of low prices and good weather. Winter rentals can be surprisingly cheap, dropping as low as €15–€20 per day in some regions.
Is it worth paying a little more?
Even if a no-deposit rental looks €5–€10 more expensive per day, most travelers consider it worth it. You don’t lose access to your money, you don’t risk hidden charges on a blocked card, and you avoid long refund delays. For a two-week trip, that peace of mind is priceless.
Tips for getting the best deal
- Book early to secure lower daily rates
- Compare providers on platforms that filter by “no deposit” rentals
- Choose compact cars if traveling solo or as a couple—they are cheaper and easier to park
- Check reviews to ensure the “no deposit” promise is real
The cost of a no-deposit rental depends on where and when you book, but in most cases, it’s surprisingly affordable. By paying slightly more per day, you gain transparency, avoid blocked funds, and enjoy true financial freedom while traveling. For many, that makes it not only a fair price but the smarter choice overall.