Weekly Rental Formula:
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The weekly rental calculation determines the total cost for renting a car for 7 days in Australia, taking into account any weekly discount rates offered by rental companies.
The calculator uses the weekly rental formula:
Where:
Explanation: Most rental companies offer discounted rates for weekly rentals compared to daily rates.
Details: Weekly rates can provide significant savings compared to daily rates, especially for longer rentals. Understanding the weekly rate helps in budgeting and comparing rental options.
Tips: Enter the daily rate in AUD and the weekly discount factor (typically between 0.70-0.90). The calculator will compute the total weekly rate.
Q1: What is a typical weekly discount in Australia?
A: Most rental companies offer 10-30% discount for weekly rentals, with discount factors typically between 0.70-0.90.
Q2: Are there additional fees not included in this calculation?
A: Yes, this calculation doesn't include insurance, additional driver fees, or other optional extras that may apply.
Q3: Do all rental companies offer weekly discounts?
A: Most major rental companies do, but some budget operators may have fixed daily rates without weekly discounts.
Q4: Is the weekly rate always cheaper than daily?
A: Generally yes, but always compare the weekly rate against 7x daily rate to confirm you're getting a discount.
Q5: Can I use this for longer rentals?
A: For rentals longer than a week, check if monthly rates are available as they often offer even greater discounts.