Marbella apartments have no cars to rent out this summer.

Sundream Estate sells Marbella apartments or Marbella villas and we don’t rent out cars. So many of our clients who is coming from whole Europe for searching for a property in Marbella this summer have ask us if we also rent out cars, because of there is no cars left at the hire companies in Malaga international airport. The economic crisis is hitting car hire companies on the Costa del Sol and there are just not enough cars to go around. The companies cannot increase their fleets because the banks will not loan money for the companies to purchase cars.

Last year the car hire companies purchased over 18,000 new cars across the industry and this year less than 2000 have been bought a drop of about 89%. As there are not enough cars to go around; the prices per day have rocketed. The bigger companies offer now 100 euros a day for a car. They are resorting to using cars which have up to 200,000 kilometers on the clock and also using private vehicles to bump up their numbers to enable them to meet the client needs.

Some people are raising finance directly from car manufacturers and others are going outside the banking industry to raise funds for new fleets. Even traveling outside Malaga, to find cars is not an option as the problem is the same in most places. Here in Marbella is the problem the same as the rest of Costa del Sol. People are being advised to book their vehicles early or to go to small or medium size companies who are not so badly hit by the problems and also asking the real estate companies who sometime also have hire cars for the clients.