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Evening Standard
Evening Standard
Business
Simon Hunt

Drivers switch to subscription rentals as car prices soar

Sixt boss Tim Vetters said the company saw a shift to subscription-based rental services.

(Picture: Sixt)

Soaring car prices and order time lags are prompting drivers to switch to long-term car rentals, according to car hire business Sixt.

The firm says the number of customers using its subscription service has doubled since the pandemic as drivers look to hire companies for a car to cover their day-to-day needs rather than for one-off events like holidays.

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