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What is the Required Rental Deposit for a Car Rental in Germany?



Agi asks:


I am thinking of getting a car rental in Germany. It says that I have to put deposit down to cover collateral damage. How much is the rental deposit I have to leave on my credit card?

I'm looking to rent with Thrifty car rental for an economy car. My credit card (Chase, business)provides LDW coverage and I obtained a written statement from my credit card company stating my detailed coverage. Are they going to accept this?













My Response:


I had to guess at a city, so that I could check the terms and conditons for car rental in Germany, so I chose Munich, as an example.

I first checked for information for the rental deposit at the time of pickup. Under the terms and conditions for an economy rental car in Munich, the Thrifty website stated:

Deposit required at time of rental is the amount of the insurance excess for the vehicle. Amount varies by car type from EUR 1200 to EUR 2200. Location is not responsible for any losses caused by fluctuations of currencies.

Because you are looking at an economy rental car, your deposit would be on the lower end of those two figures.

I then looked up information with regards to the Loss Damage Waiver offer on the rate quote, specifically as it applies to Thrifty locations in Germany. The terms and conditons stated:

Optional LDW- cost between EUR 15.00-EUR 20.00/day reduces renters financial responsibility for the Thrifty vehicle between EUR 1200.00-EUR 2200.00 Optional Theft Protection- cost EUR 3.59/day.

To decline Thrifty LDW,customer must have US issued Gold/ Platinum MasterCard or Canadian issued Gold/Platinum Visa Card and provide WRITTEN PROOF by the credit card insurance company that the card has relevant coverage for GERMANY.

Only US issued Gold/Platinum MasterCard or Canadian issued Gold/Platinum Visa card can be used to waive LDW coverage. These cards are only accepted for rentals less than 28 days in any calendar year.

If a relevant card AND cover letter are not produced at time of commencement of rental, then Thrifty LDW must be purchased. This Location does NOT accept insurances purchased on third party websites.

So, as long as your Chase Card is a gold or platinum one, and you provide your letter, it will allow you to decline the Loss Damage Waiver for a car rental in Germany



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Pages from this site, relating to this topic:

Car Rental Deposits

CDW and LDW Coverages

Credit Card Coverages

International Rentals


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