Skip to main content

Credit hire invoice costs quintuple in 10 years

Cars

Research released by Keoghs has revealed that the average cost of a credit hire invoice is now five times higher than it was in 2014.

According to the data, the average cost has increased from £1105 to £5249. The average daily hire rate for customers has also increased from £69 in 2014 to £212 in 2024.  

Keoghs also reported what is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Throwback Thursday: Royal retreats from Moscow

Insurance Post’s Throwback Thursday steps back in time to October 1991 to remind you what was going on this week in insurance history when Royal International was reconsidering its plans for a Moscow-based insurance company.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here