It has been awhile since we have written about rental cars. Similar to hotel reservation rules (see previous post), rental car companies do not penalize you if you do not show up for your car reservation. Since some rental car companies are using the Yield Management model to price their cars, we highly recommend you make your rental car reservations weeks in advanced to avoid higher fees. Unlike hotels, you don’t even have to cancel your reservation. Most rental car companies will just void your reservation without penalty if you don’t show up.
There are however exceptions to this rule. On major holidays like Memorial Day, Thanksgiving, Christmas, etc., some rental car companies will make you pre-pay for a day or the entire reservation. Check with your rental car company before confirming your reservation.