Loads of you will be going on holiday this summer, if you actually still have a job that can pay for it that is. If you are from the UK it’s safe to assume you will be going to Spain or Cyprus or some place hot like that, just like everyone else does.

Be sure to do one thing. If you are going to use car hire when you are on holiday, you should book now before its too late. Car hire companies across the board have reduced their fleet size over past months in an effort to see them through the recession. This year I am hearing of likely shortages in Spain and Cyprus especially, so if you think you are going to need to hire a car, you should book now before you miss out.

“Rental companies always try to look ahead and estimate demand for peak periods, but with finance in short supply and new vehicle prices rising, they can ill afford to have cars sitting around idle. There will be periods when demand outstrips supply. You wouldn’t go to an airport and expect to buy a ticket on the day you want to travel, and the same should apply to renting a car.” Source: The Telegraph

You don’t want to end up like this guy: