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When to Ditch Your Own Car for a Rental

Stock quotes in this article: CAR , TM , COST , WMT , HTZ  

If you're planning a long road trip this summer, consider ditching your own car for a rental.

With gasoline prices rising above $4 a gallon on average across the US and analyst predictions oil may be $150 a barrel by Independence Day, the cost of driving is getting more and more expensive.

As a result, many people are considering cutting back on the amount of driving they plan to do this summer and staying closer to home in order to save money. For those who are still planning summer road trips, one way to save may be to head out on the road in a rental car from a place like Avis(CAR Quote), Hertz (HTZ Quote) or Enterprise. ...

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