Car rental

Short- and long-term car rentals are projected to record their best ever performance in Greece this year.

The industry could only benefit from the significant increase in tourism arrivals, the rise in car registrations and the continued demand also from individuals for long-term rental services (leasing).

The sale of second-hand cars on online trading platforms has increased significantly after Trade Minister Mehmet Muş announced plans to impose a cap on car sales.

The number of advertisements placed for 2022-model cars rose by 30 percent between Aug. 10, when the minister made the announcement, and Aug. 13, according to data from Cardata.

Some restrictions will be introduced for car sales to arrest the increase in car prices, Trade Minister Mehmet Muş has said, noting the respective regulation is ready.

Under the new regulation, companies, car rental firms, and car dealers will have to wait for a period of time to sell new cars they have bought, he added.

The innovative SIMPL service launches for the first time in Bulgaria. SIMPL provides a long-term car rental with full assistance by a personal assistant. The proposal is from Eurolease Group and will provide individuals and small businesses with as much convenience as possible.

The car rental market in Greece is showing satisfactory growth rates, as from 60,000 a few years ago, the number of vehicles available has now exceeded 100,000. Avis alone acquired 10,000 new cars last year, accounting for 10 percent of all new car registrations in 2018.

Tourists from non-European Union countries are now only allowed to rent a car or a motorcycle in Greece if they have an international driving license, in addition to their national permit from their home country, according to new regulations.

Easy and convenient - people dump public transport

Driving in a city abroad can not only be expensive but often complicated, the DPA said.
Anyone who is planning an excursion to Europe can consider the idea of a shared car journey alongside the classic choice of taxi, public transport or car hire.

Since October 30, a service for shared mobility with electric vehicles has begun in Sofia. The service is called Spark and is managed through a mobile application that allows customers to find the nearest electric car, to reserve and rent it.

Turkey's fleet rental market will maintain its attractiveness for investors, thanks to the country's young population and vibrant market, according to the head of car rental giant Hertz Turkey.      

The car used in Ankara blast that killed 27 military personnel and one civilian on Feb. 17 was stolen from a vehicle rental company in the western Turkish province of ?zmir around two months ago before being sent to Diyarbak?r, according to reports.