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If you’re tired of high gas prices, here’s how to rent an electric (or hybrid) car

Oct. 16, 2021
12 min read
Red Tesla Charging at a Supercharger
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Editor's Note

This post has been updated with new details.

If you’ve filled up recently, you don’t need me to tell you gas prices are high. And prices will only soar higher. In fact, the national average for a gallon of gas hit $3.30 this week. That’s the highest price per gallon in more than six years.

A shortage of gas delivery drivers and increased demand are all driving the price hike. On top of the high gas prices, there’s a major shortage of rental cars right now. That has many people looking for alternatives and specifically asking if you can rent an electric or even a hybrid car.

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The short answer is that you can, but it may end up costing you a lot more than you’d save in gas.

How hard is it to find an electric car right now?

(Photo courtesy of Tesla)

It’s not fun trying to find any cars right now. That’s true of rental cars whether they are “green” or not. My colleague Andrew Kunesh wrote an in-depth article that covers the trend nicely. Essentially, many rental companies sold off inventory at the height of the pandemic. Now, the surge in demand is meeting a much lower supply of cars. It’s hard to buy cars, too — though many attribute that issue to the shortage of necessary parts on the assembly line.

Karen Schaler, the creator of Travel Therapy TV, says after trying for months to rent or lease an electric car in Arizona and finding none available, she ended up having to buy a hybrid from California. She had it shipped to her. She told me she was “still on a waiting list.” Schaler says unless you are in California, where they have had a head start on electric and hybrid car requirements, there’s just not a lot of available inventory out there.

Related: Don’t panic about gasoline; your summer travel plans will be OK

At TPG, we spent a day trying to rent an electric car with very little success. In fact, we couldn’t find any from traditional rental car companies. You’ll have much better luck with car-sharing companies. In fact, I’ve discovered a new love called Turo.

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Car-share with companies like Turo

Tesla vehicles plugged in and charging in Mountain View, California, August 24, 2016. (Photo by Smith Collection/Gado/Getty Images)

Turo is your absolute best bet if you want a guaranteed electric (or, for that matter, even a hybrid) vehicle. The new-ish company allows you to rent regular consumers’ cars when they aren’t using them.

Related: How to never pay full price for a rental car

I signed up for the service (it’s an app like Uber) and searched my then-current location (Anchorage, Alaska). I found several cars available at the last minute and there were even a few green cars. I could rent a 2018 Toyota Prius for $149 a day. Looking ahead, there was a 2020 Tesla Model Y I could rent for $130 a day.

A Tesla Model Y available through Turo in Alaska. (Screenshot courtesy of Turo)

Obviously, there wasn't a big selection of electric cars in Alaska, but a search in Los Angeles found a glut of e-cars available. They included a Tesla Model S for $320 a day, a Tesla Model X for $252 a day and a Toyota Prius Prime for $68 a day.

Related: Are Turo car rentals covered by credit card insurance?

Tesla Model X 2016. (Screenshot courtesy of Turo)

There was even a hydrogen-fueled 2017 Toyota Mirai for $112 a day, which included the hydrogen fuel.

Toyota Mirai 2017 on Turo. (Screenshot courtesy of Turo)

I ended up renting a hybrid car in Maui, Hawaii, this summer. It was an awesome experience despite a few hiccups and I saved a bunch on gas getting 44 miles per gallon.

Related: Renting with Turo during the car rental apocalypse

Travel writer Cory Moore told me via Twitter that he had such a good experience renting an electric car via Turo that he “ended up buying one.” Keep in mind his warning, however, that when you go to charge, it’s not always free. Moore said, “For what it’s worth, Supercharging a Tesla at highway speeds is nearly the same cost of $2.50–$2.75 gas.”

Matt Bennett actually rents out his Tesla in Missoula, Montana, on Turo. He said in our TPG Lounge on Facebook that “… it’s been insanely popular so far. I charge a premium for it and am very selective about who I rent to, but it’s been lucrative.”

Several readers in the Lounge mentioned they were too worried about finding charging spots to rent electric cars.

Kyle Gossman made perhaps the best point, however, when he said, “For the most part, the added cost of the rental is going to far exceed your gas savings.” Gossman rented his own Tesla out in 2018 and said, “Overall, owning electric cars carries significant advantages to me. We have not owned a gas car in over five years. But when traveling, I still rent gas cars because of the lower cost and flexibility.”

Rent an electric car from one of the big rental companies

If you want to rent an electric car from one of the big car rental agencies, you’re going to have your work cut out for you. We checked random summer 2021 dates in June and July using airport locations in major cities, including New York, Chicago, Philadelphia, Dallas, Seattle, San Francisco and Los Angeles. We did find some hybrid models but totally struck out on fully electric cars. Very few car rental sites even mention electric cars (except for Sixt).

Related: The Critical Points: 5 steps to a perfect car rental

All except Thrifty at least claim to have options for hybrids, but between lack of availability and misleading category options, it’s difficult to actually book one. Budget was the only site that seemed to make it easy.

Most companies list midsize hybrid as its own category on the “car types” page, but then when you try to click through to reserve one, it just shows all midsize cars with no way to make sure it’s a hybrid.

Alamo

Alamo claims to have hybrids (see link), but I did several searches for random summer dates in a few major cities (New York, Philly, Dallas, Chicago, San Francisco, Los Angeles, Seattle), and there’s nothing available. I'm unsure if it’s because of the type of car or because of the general rental shortage.

Alamo even has an electric landing page, but “no availability” is the order of the day.

(Screenshot courtesy of Alamo)

Avis

Yes, Avis offers several hybrid models, including the Toyota Prius hybrid, the Hyundai Sonata hybrid and the Lexus GS 410H F Sport. Again, availability is tough. I did find a Toyota Prius hybrid in San Francisco in June, but it also says “or similar” when you go to book it, so you aren’t guaranteed to get a hybrid. Prices were similar to non-hybrid models. There were no electric cars at Avis either.

(Screenshot courtesy of Avis)

Budget

Budget offers several hybrid models, and I was able to find them available at airports in most of the major cities mentioned above (except Los Angeles and New York) on random summer dates.

Dollar

The Dollar page I’ve linked lists “Mid-Size 2- or 4-door, Hybrid Air” as a category, promising a “Ford Fusion Hybrid (or similar).” However, when you click through and do dummy searches, it offers cars that fall into the midsize category but aren’t hybrids.

When you go back to edit the parameters, the car type drop-down doesn’t list the midsize hybrid category as an option at all, so I’m not sure there’s a way to guarantee you’d get a hybrid, especially if you book online. (I also found other random pages, including one for Montreal, that listed Priuses as options, so it might just depend on where you’re renting the car.)

Hertz

Hertz also has a landing page for both electric and hybrid models. Unfortunately, they were hard to book here, too, even though Hertz has been bragging about adding electric vehicles since at least 2010.

National

When I try to make a reservation through the hybrid landing page, it takes me to a page to select a car type. None of the types listed are hybrids.

Sixt

Sixt has a dedicated page for electric cars showing a fleet of electric vehicles like the BMW I3 and the BMW I8, but again we couldn’t find those cars actually available anywhere we looked.

Thrifty

Nope. I can’t find anything about electric or hybrid on its website at all.

Related: 11 common rental car mistakes — and how to avoid them

Rent via Lyft

Hyundai Ioniq. (Photo by Andrew Kunesh/The Points Guy)

Lyft also offers rental cars in some markets through its app.

In San Francisco and Los Angeles, Lyft has its own fleet, and you can rent cars directly with them. In some markets, they actually loan greener hybrid cars to drivers.

Related: The complete guide to road-tripping with an electric car

The cool thing about it? Lyft has a ton of environmentally friendly options including 2019 Hyundai Ioniqs. Those cars get an average of 58 miles to the gallon.

My colleague Andrew Kunesh wrote the complete guide here.

What about renting from a car dealer?

You can rent cars from car dealerships, which is something most of us at TPG hadn’t ever heard of until this wild year of the car rental apocalypse. It’s not always straightforward, however, so keep that in mind in general, but even more so when it comes to electric cars.

For example, you can rent a car from a Toyota dealer, and there is even a website set up just for that. I found 10 dealers in the California Bay Area alone where you could rent a Prius.

(Screenshot courtesy of Toyota)

You will need to contact the dealer directly to set up a rental.

You could do something even crazier and buy or lease a new electric car for a week and then return it to the dealer. Don’t laugh; Tesla actually allowed this for a while.

Beware insurance issues

Tesla Model X. (Photo courtesy of Turo)

Be aware, too, of insurance when renting electric or hybrid cars. Some policies may not cover high-end cars like fancy Teslas or BMWs.

Most Turo lenders sell insurance separately on the site. It can be confusing, so do your research. Most Turo rentals I’ve seen come with Liberty Mutual insurance arranged “through Turo Insurance Agency.”

Related: Should I buy insurance when I rent a car?

My colleague Chris Dong took a closer look at the coverage you get via Chase when you rent a car using their cards. The Chase Sapphire credit cards usually offer a primary collision damage waiver if you pay for your rental with your card. And while Dong says there’s nothing specifically against covering electric cars in the Chase Sapphire Reserve and Chase Sapphire Preferred Card benefits guides, there is a difference with “high-value motor vehicles.”

For example, The Chase Sapphire Preferred specifically doesn’t cover “high-value motor vehicles,” and Chase includes Teslas in the examples.

Our best piece of advice is to contact the credit card issuer if it’s not your run-of-the-mill rental to make sure it’s covered.

Additional reporting by Chris Dong, Ashley Kosciolek and Andrew Kunesh.

Featured photo by Sheila Fitzgerald/Shutterstock.

Featured image by (Photo by Sheila Fitzgerald/Shutterstock)
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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    The Points Guy Exclusive Offer: Earn 150,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card® within the first 3 months of Card Membership.

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    Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    670-850
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Why We Chose It

It's hard to find a card that competes with the mile-long list of benefits that come with the Amex Business Platinum. While it's certainly not the card for the average consumer, a business owner with tons of expenses -- especially related to travel -- will find this card incredibly valuable. This card is similar to the consumer version that Amex offers, but with more business-oriented perks around statement credits and earning rates that are a better fit for business owners.

Pros

  • An up to $100 credit for Global Entry or TSA PreCheck application fee every four to five years
  • Up to $400 annual credit for eligible U.S. Dell purchases (enrollment required)
  • Gold status at Marriott and Hilton hotels (enrollment required)
  • Access to the Fine Hotels & Resorts program and Hotel Collection
  • Extended warranty protection
  • International Airline Program and Cruise Privileges Program

Cons

  • Steep annual fee
  • Difficulty meeting $15,000 welcome offer for smaller businesses
  • Limited high-bonus categories outside of travel
  • The Points Guy Exclusive Offer: Earn 150,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card® within the first 3 months of Card Membership.
  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com, and 1X points for each dollar you spend on eligible purchases.
  • Earn 1.5X points (that’s an extra half point per dollar) on eligible purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
  • Unlock over $1,000 in annual statement credits on a curation of business purchases, including select purchases made with Dell Technologies, Indeed, Adobe, and U.S. wireless service providers.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for checked baggage fees, lounge day passes, and more at one selected airline.
  • $189 CLEAR® Credit: Use your Card and get up to $189 back per year on your CLEAR® membership. CLEAR® is available at more than 50 U.S. airports and stadiums.
  • The American Express Global Lounge Collection® can provide an escape at the airport. With more than 1,400 airport lounges across 140 countries and counting, you have more lounge location options than any other credit card on the market as of 9/2021.
  • $695 Annual Fee.
  • Terms Apply.