1. What is the Weekly Rental Calculation?

The weekly rental calculation determines the total cost for renting a vehicle for 7 days in the Philippines, taking into account any weekly discounts offered by rental companies.

2. How Does the Calculator Work?

The calculator uses the weekly rental formula:

Where:

• \( Daily \) — Daily rental rate in Philippine Pesos (PHP)
• \( 7 \) — Number of days in a week
• \( Discount \) — Weekly discount factor (typically 0.7-0.9)

Explanation: The equation calculates the total weekly cost by multiplying the daily rate by 7 days and applying any weekly discount offered by the rental company.

3. Importance of Weekly Rates

Details: Weekly rates are important for budget planning and comparing rental options. Many companies offer significant discounts for weekly rentals compared to daily rates.

4. Using the Calculator

Tips: Enter the daily rate in PHP and the weekly discount factor (typically between 0.7 and 0.9). The discount should be a decimal between 0 and 1 (e.g., 10% discount = 0.9).

5. Frequently Asked Questions (FAQ)

Q1: What is a typical weekly discount in the Philippines?
A: Most rental companies offer 10-30% discount for weekly rentals, with 10-15% being most common.

Q2: Are there additional charges not included in this calculation?
A: Yes, additional charges may include insurance, mileage fees, or optional equipment that are not reflected in the base rate.

Q3: Do all rental companies offer weekly discounts?
A: Most do, but discount amounts vary. Always check with the specific rental company for their rates and policies.

Q4: Is the weekly rate always better than daily?
A: Generally yes, but compare the total weekly cost against the sum of daily rates to confirm you're getting a discount.

Q5: Are taxes included in this calculation?
A: This calculator uses base rates. Philippine rental car rates typically add 12% VAT, which should be calculated separately.