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Advantage Rent a Car is a privately held American car rental company headquartered in Orlando, Florida. The company was founded in 1963 by Kenneth and Helen Walker as "$3.99 Car Rentals" and quickly expanded by purchasing several different car rental companies.
In 2002 the Company acquired 40% of Furgonetas de Alquiler SA, a Spanish vehicle rental business, and subsequently exercised an option to buy the remainder. In 2005, Arriva sold its UK-wide vehicle rental business to Northgate for £129 million. Kevin Bradshaw replaced Bob Contreras as chief executive in 2017. Redde Northgate plc
It is one of the three big rental car holding companies in the United States, holding a 40% market share, placing it first, ahead of the Hertz Corporation and Avis Budget Group.
Used car prices rose more than 40% annually in both June and July 2021, and again in January and February 2022. Prices for used cars and trucks are still 29% higher than in April 2019.
Some rental company terms say they will "charge for loss of use, regardless of fleet utilization" (Alamo, Avis, Hertz—adding the words in October 2016, National).
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