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Sky-high rental car prices are pushing Hawaiian tourist to rent U-Hauls

Posted at 12:24 PM, Apr 27, 2021
and last updated 2021-04-27 15:26:14-04

U-Haul trucks are a hot item in the Aloha State.

That's because rental car prices are exploding due to a tourism rebound.

Last month, the cheapest rental car in Maui was about $720 per day.

That's why visitors are renting U-Haul trucks to get around.

One side effect: there's a shortage of U-Hauls for Hawaiian residents who are actually moving.

As a result of the pandemic, rental cars across the U.S. were rented for a fraction of their normal price or sold as used cars.

The industry sold off more than a half a million cars just to generate cash it needed to survive.