Moventur
Deposit and Guarantees
Car Rental and Deposit: What is it and how does it work?
When renting a vehicle, the security deposit is an obligatory step since the rental company is granting the customer the use of a precious asset and must therefore ensure that it is protected.
The deposit is a sum of money that is charged (where applicable) as a guarantee of compliance with the contract.
The rental company therefore undertakes to return the sum after having ascertained the good condition of the vehicle and the correct fulfillment of the driver’s obligations.
Deposit Refund: Time and What to Do?
If you have provided us with your bank details as requested during check out, our systems will refund the security deposit after the closing date of the rental contract in a period ranging between 7 and 40 days. Unfortunately we are able to reimburse the security amount, but we have no control over the actual times of re-crediting, which are instead coordinated by the banking institutions.
However, if you have not yet communicated your bank details to us, we ask you to do so as soon as possible by sending us an email to deposit@moventur.it complete with your personal details and above all the contract number.
Deposit remuneration
Your deposit is interest-bearing, you will be paid interest starting from the 8th day after the return date for the period in which it will be retained, the rate is indicated on the attached customer details/IBAN request form that you filled out during checkout out.
To recognize your remuneration it is necessary to proceed with the reimbursement with a bank transfer and not with a cancellation, therefore in the event of a cancellation on the credit card circuits we will not be able to recognize any interest. We also remind you that we also have “No Deposit” rates, and that the deposit is also reduced and/or eliminated by purchasing our insurance coverage.
How much is the security deposit?
The sum of money required as a security deposit depends on the category of vehicle, for this reason there is no fixed or standardized cost that applies to each vehicle.
Below is the table with the specifications on security deposits for each different category of vehicle:
Group | Model | Standard Deposit | Bumper Deposit | Insurance Business/Premium Deposit |
B | Panda or similar | 1000 € | 850 € | 100 € |
B2 | Peugeot 108 or similar | 1000 € | 850 € | 100 € |
BA | Vw Up Aut or similar | 1000 € | 850 € | 100 € |
C | Renault Clio or similar | 1000 € | 850 € | 100 € |
CA | Citroen C3 Aut or similar | 1000 € | 850 € | 100 € |
D | Fiat 500X or similar | 1200 € | 1000 € | 100 € |
DA | Fiat 500X Aut or similar | 1200 € | 1000 € | 100 € |
E | Opel Mokka or similar | 1200 € | 1000 € | 100 € |
EA | Opel Mokka aut or similar | 1200 € | 1000 € | 100 € |
F | Ford Ecosport or similar | 1500 € | 1200 € | 100 € |
FA | Ford Ecosport Aut or similar | 1500 € | 1200 € | 100 € |
B5 | Fiat 500 | 1000 € | 850 € | 100 € |
B5A | Fiat 500 Aut | 1000 € | 850 € | 100 € |
L | Vw Caravelle 9p or similar | 2000 € | 1600 € | 100 € |
P | Alfa Romeo Stelvio or similar | 2500 € | 2000 € | 100 € |
SW | Fiat Tipo Sw or similar | 1500 € | 1200 € | 100 € |
SWA | Fiat Tipo sw aut or similar | 1500 € | 1200 € | 100 € |