VPI Cars is Metro Manila Philippines’ highest-rated full service car rental platform. We offer short, long term rentals, chauffeured, corporate leasing, and many more!
Renting a car can be an exciting and convenient experience, but one of the most common questions renters ask is: “How does a car rental deposit work?” Whether you’re renting for business, a family vacation, or personal use, understanding the deposit process helps you plan better and avoid unexpected charges from any car rental company.
At VPI Cars, we make car rentals easy, transparent, and hassle-free. Let’s break down how our car rental deposit system works, why it’s required, how you can make the most of your rental experience, and a step-by-step process to rent a car in the Philippines.
Car rental companies require a deposit for several reasons:
✅ Accidental Damage Protection – Covers minor scratches, dents, or accidental mishaps.
✅ Late Return Fees – Encourages on-time vehicle returns to maintain scheduling efficiency.
✅ Traffic Violations & Tolls – Ensures that any unpaid fines or toll fees are settled.
✅ Fuel Discrepancies – Covers refueling costs if the vehicle is returned with less fuel than required.
✅ Loss Prevention – Provides financial security in case of vehicle misuse, lost keys, or missing accessories.
Once the rental is completed and the vehicle is returned in its original condition, the deposit is fully refunded or released based on the rental company’s terms.
At VPI Cars, we believe in a straightforward and transparent deposit process to give our customers peace of mind. Here’s how our deposit system works for car rental services in Metro Manila:
Deposit Amount Based on Vehicle Type
The required deposit depends on the type of vehicle you rent:
🚗 Economy Sedans & Compact Cars – Lower deposit amounts
🚙 SUVs & MPVs – Mid-range deposit amounts
🚌 Vans. Coasters, Luxury Cars – Higher deposits due to larger vehicle sizes
Payment Methods Accepted for Deposits
We accept credit cards, debit cards, cash deposits, and bank transfers.
Deposit Hold vs. Charge
💳 Credit/Debit Card Deposits: A temporary hold is placed on your card, not an actual charge. This means the amount is frozen but not deducted from your balance.
💵 Cash Deposits: This amount is physically collected at the time of pick-up and returned after the rental period.
Refund Process & Timeline
Step 1: Choose Your Rental Service
Select the car rental service that fits your needs:
Corporate Car Rentals – Please fill the form here.
Step 2: Pick Your Pick-Up & Drop-Off Locations
Choose from our convenient service areas: Metro Manila, Iloilo City, Cebu, Clark City, and more.
Step 3: Select Your Vehicle
We offer a wide selection of sedans, SUVs, vans, and coasters to match your needs.
Step 4: Provide Requirements & Confirm Booking
To secure your reservation, submit the following:
📌 Valid Driver’s License (for self-drive rentals)
📌 Government-issued ID or Passport (for verification)
📌 Payment Details (Credit Card, Debit Card, or Cash)
Step 5: Review Rental Terms & Deposit Information
Before finalizing your booking, review:
✅ Rental Agreement Terms
✅ Deposit Policies
✅ Insurance & Fuel Policy
Step 6: Pick Up Your Vehicle & Pay the Deposit
Step 7: Return the Car & Get Your Deposit Back
Upon return, the car will be inspected for damages, fuel level, and cleanliness. If everything is in order, the deposit will be refunded according to the payment method used.
At VPI Cars, we provide more than just a rental car—we ensure a smooth and hassle-free experience.
Transparent & Fair Deposit Policies
🚫 No hidden fees – Everything is disclosed upfront.
💰 Fully refundable – As long as the vehicle is returned in good condition.
Wide Range of Vehicles
🚗 Compact Sedans – Perfect for city driving.
🚙 SUVs & MPVs – Ideal for long trips or extra space.
🚌 Vans & Coasters – Great for group travels or business needs.
Flexible Rental Services
📍 Multiple pick-up/drop-off locations.
🕒 Flexible rental durations from daily car rental leases, weekly car rental leases, to long-term car leases.
Professional Customer Service
✅ Dedicated support team to assist with your inquiries.
✅ Quick response times and 24/7 roadside assistance available.
The deposit serves as a security measure to cover accidental damages, late fees, or additional charges during your rental. It ensures the safety of the vehicle and a smooth rental experience.
The deposit amount varies depending on the type of vehicle rented:
Late returns may result in additional charges. We recommend informing our team in advance if you anticipate a delay to avoid penalties.
All rentals require a deposit for security purposes. However, we keep our deposit fees reasonable and fully refundable.
At VPI Cars, we make the car rental process simple, transparent, and hassle-free. With our clear deposit policies, wide vehicle selection, and outstanding customer service, you can rent a car with confidence.
🚘 Ready to book? Visit vpicars.com now and reserve your rental car today!
Other Resources:
VPI Cars Manila (formerly CF Car Rental Manila), one of Metro Manila’s highest rated car rental services provider. Happily serving since 2014!
VPI Cars is Metro Manila Philippines’ highest-rated full service car rental platform. We offer short, long term rentals, chauffeured, corporate leasing, and many more!