Beware of exchange rates and hidden charges

When you ask for a quote for hiring a motorhome abroad outside the EURO zone, in the vast majority of cases you will receive a quote in the local currency. It’s up to you to make the conversion, although you should be aware that you won’t get the ‘spot’ market exchange rate but, more likely, a rate 5% higher … which will make your rental that much more expensive.

In fact, when you pay by card, an interbank rate will apply between the supplier’s bank and your bank, not to mention the inevitable additional charges that our banker friends don’t hesitate to sprinkle in. It is not uncommon for some suppliers to apply a surcharge for credit card payments.

What’s more, the exchange rate at the time of payment of the deposit or the balance may be different from the one you used to make your calculations or your comparison: which represents just as much uncertainty when it comes to sticking to your budget.

In short, bear this in mind when making your comparison, as Cooldrive offers you price quotes guaranteed in EUROS (until departure) with no hidden costs or additional charges, whether you pay by bank card, cheque, bank transfer or holiday vouchers.