08 Jun 2014 11:56 AM:
During the last few years I have noticed that when hiring a car in Murcia, the rental company hold a deposit as much as 600 euros even though I have excess insurance purchased in the UK.
If this is the rule, then fare and square however, what I resent is that they actually cash the deposit at a rate of say 1.19 to a £ and when returning the deposit buy at a rate of 1.24 . Surely this is immoral and totally un ethical as I lose money on the exchange rate for them to just have 600 euros for 14 days stay.
The idea of a deposit against your CC is for them to hold as a security and should only be actioned should any damaged to their vehicle occur.
Is this correct ? or are my asssumptions wrong.
Please put me right.
Thread:
Car hiring in Spain
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