Don’t hold your breath waiting for rental car prices to drop—here’s why they’re so expensive

This is reprinted by permission from . 

The typical cost of renting a car in the U.S. has increased 48% since May 2019, according to the latest data from the Bureau of Labor Statistics. In other words, a car that cost $100 per day four years ago would now cost $148 per day.

Believe it or not, prices have dropped recently, with year-over-year…