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In March, the average airport rate quote was only down 81 cents from March 2015, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The Northeast region declined $11.71 year-over-year while the Midwest, Southwest, and Northwest regions were all up.
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In February, the average airport rate quote was only down $1.42 (2.8%) from February 2015, according to The Tennant Group and Rate-Highway’s 50-City rate survey. Rates in the Northwest and Midwest regions were up, while the Northeast was down $9.82.
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In January, all five regions experienced drops in airport rates, but the Southeast and Northeast were both down by double digits, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The average rate for January was down $6.11.
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In December, the average rate quotes were flat the first two weeks but dropped an average of $12 during the last two weeks of the month, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The average rate for 2015 is down $4.22 from 2014.
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The November 2015 average airport rate quote was up $1.31 from a year ago, according to The Tennant Group and Rate-Highway’s 50-City rate survey. This is only the fourth year-over-year increase since the 50-city survey started in June 2014.
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The October 2015 average rate quote decreased $1.60 from last year, but it’s the smallest decrease in several months, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The rate quotes slightly increased during the last two weeks of October.
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The September 2015 average rate quote decreased $5.92 from last year, according to The Tennant Group and Rate-Highway’s 50-City rate survey. All five U.S. regions saw a drop in rates.
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The August 2015 average rate quote decreased $5.29 from last year, according to The Tennant Group and Rate-Highway's 50-City rate survey. The quotes have been down an average of $2.93 in the past year.
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The July 2015 average rate quote was down $18.44 from last year's abnormally high quotes, according to The Tennant Group and Rate-Highway’s 50-City rate survey. This month's rate survey also looked at the eight major rental brands over the last two years.
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The June 2015 average rate quote was down $4.85 from a year ago, according to The Tennant Group and Rate-Highway’s 50-City rate survey. Last year, a spike in recalls caused rates to increase from the third week of June and all of July, but they dropped by the last week of July.
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