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What does the pre-authorization of renting a car mean?

Pre-authorization of renting a car is the deposit or advance payment that the tenant needs to pay before renting a car, which is used to cover possible vehicle losses or traffic fines during the lease period. The car rental company will temporarily deduct these funds from the tenant's credit card or debit card, and usually freeze certain funds. The amount of pre-authorization is related to car rental companies. Some companies may only need a few hundred dollars, while others need thousands of dollars.

After the car rental company approves the lease, they will deduct the corresponding pre-authorization money. These payments are usually written in the contract, and if there is no additional damage or penalty when returning the vehicle, then these payments will be refunded. However, the time for refunding the pre-authorization money may be different. Some companies need two working days, and some even need 5-1 working days.

how to minimize the pre-authorization payment?

If you want to minimize the pre-authorization payment, you can try the following methods before renting a car:

Choosing a reliable and reputable car rental company can usually make them trust you more.

Buy additional insurance before renting a car, which can reduce the guarantee amount.

Use credit cards instead of debit cards as much as possible, because credit cards have a higher limit.

4. Return the car to the agreed time and place before returning the car, so as to avoid any extra expenses, so that the pre-authorization money can be refunded more quickly.