The Mexico Car Rental Market is estimated to be valued at US$ 1,108.1 Mn in 2022 and is expected to exhibit a CAGR of 10.1% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Car rental services in Mexico provide vehicles on rent for both domestic and international travelers for a short period of time, varying from few hours ... Read more
The car rental market in Mexico provides renting and leasing of vehicles like passenger cars, light commercial vehicles, and others on short and long term basis. Car rental services offer advantages like roadside assistance, insurance cover against loss and theft, timely vehicle delivery and pick-up, online bookings, and affordable cost over vehicle ownership. Growing tourism and increasing mobility needs have fueled the demand for rental vehicles in Mexico.
