Ever pick up a rental car at 9 a.m. and need to return by 9 a.m. the next day? In the rental car industry, this is referred to as a daily rental - the car is booked for a timeframe that's evenly divisible by the 24-hour day. Leaving the hotel a few minutes late, a driver may be concerned about refueling the car and getting the car checked in on time.
Well, the renter who ends up returning the vehicle a few minutes late may partially be in luck. Rental car companies understand that there's sometimes a delay in getting vehicles returned - especially when the site first opens for the day - and thus offer grace periods for the time and mileage charges on daily rentals.