Why is it necessary to block a deposit on my credit card when renting a car in Sofia?
When picking a service provider for renting a car in Sofia, you will meet a recurring rental requirement - the initial deposit made with a credit or a debit card. Many customers are not well aware of the meaning of the deposit, and often many questions arise regarding the purpose of this initial payment. To help you grasp the essence of blocking a deposit amount, today, we are explaining all the details of when, why, and how deposits are calculated and used.

Why do customers need to deposit an amount when renting a car in Sofia?

What fines and penalties do we risk when renting a car in Sofia? 1
Why is it necessary to block a deposit on my credit card when renting a car in Sofia?
The deposit for renting a car in Sofia is also referred to as a “guarantee deposit.” Put shortly, it is a financial backup for the company in case the lessee returns the vehicle in an unsatisfactory condition that doesn’t meet the pre-signed requirements. Before renting a car in Sofia, the lessor and the lessee agree on an officially signed and thorough rental contract. It includes all of the obligations and responsibilities of the lessee, including expected behavior and additional fines in cases of damage, losses, and thefts. The guarantee deposit paid upon renting a car in Sofia is commonly used for covering all potential damages upon returning the vehicle to the rental company.

What can be the guarantee deposit used for?

The guarantee deposit for renting a car in Sofia can only be used for covering potential damage and/or breaches of contract under the general terms and conditions of the rent a car Sofia company. Theory into practice, this can mean:
  • Returning of the rented car without the predetermined amount of fuel;
  • Losing the car keys, vehicle documents, registration plate, or other small accessories;
  • Returning the vehicle in a notably unhygienic state;
  • Losing the parking ticket or card while renting a car in Sofia;
  • Returning the car in a location different than the contracted one.
The customer can also be additionally charged in cases of theft, car accidents, or third-party damage if they haven’t chosen to pay the non-mandatory insurance fees for renting a car in Sofia.

What happens if no additional fees occur after renting a car in Sofia?

Why is it necessary to block a deposit on my credit card when renting a car in Sofia? 2
Why is it necessary to block a deposit on my credit card when renting a car in Sofia? - Yes Rent A Car
If the customer follows their contract commitments strictly, the guarantee deposit will never have to be used. Or else said - upon delivering the vehicle in good condition, your deposit amount will be restored back into your bank account. Technically, your card payment will be canceled, and your purchase to the company will be refunded.
Why do customers need to deposit an amount when renting a car in Sofia?

What can be the guarantee deposit used for?

What happens if no additional fees occur after renting a car in Sofia?