RENTAL TERMS
Terms & Condition
For SELF-DRIVE vehicles
VEHICLE
The vehicle, including all tires, tools, equipment, accessories and vehicle documents, does not belong to the Renter. Rather it is delivered to the Renter for rentals purposes only and is in good operating condition. THERE IS NO WARRANTY OF ANY KIND, EXPRESSED OR IMPLIED, AS TO THE MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY VEHICLE COVERED BY THIS AGREEMENT.
VEHICLE RETURN
The Renter will return the vehicle in the same good operating condition to the return location by the date and time specified in the Rental Agreement (or sooner upon demand). If the returned vehicle is deemed by the Rental Agent to be in need of deep cleaning due to excess spoilage, pet hairs, smoke odor, smoke residue, etc. a cleaning fee of Php1,500.00 will be imposed to the Renter.
VEHICLE RETURN LOCATION
Renter agrees to return the vehicle at Budget authorized and pre-approved locations only. In the event, the Renter returns the vehicle at somewhere other than the authorized and pre-approved locations, a penalty will be paid by the Renter amounting to Php 5,000.00 plus the pull-out fee depending on the location.
REPOSSESSION OF VEHICLE
The vehicle may be repossessed, at Renter’s cost and without notice, if it is not returned on the due back date, is illegally parked, used in violation of laws or of this Rental Agreement, appears to be abandoned, or if the Renter gave false or misleading information at the time of vehicle check out.
AUTHORIZED DRIVERS
The Renter, along with any validly licensed individual (subject to Budget requirements) registered with Budget, will be considered ‘’Authorized Drivers” and may operate the vehicle. All additional Authorized Drivers must appear at the time of rental and be named on the face of the Rental Agreement. All Authorized Drivers must have a valid driver’s license. Other qualifications and charges may be assessed at the time of rental.
USE RESTRICTIONS:
Renter and Authorized Drivers agree that the vehicle will not be used or operated by anyone:
DAMAGED VEHICLE
The Renter should not use the vehicle if it is damaged or in need of repair. Any additional damage to the vehicle resulting from such use will be charged to the Renter.
TRAFFIC LAW VIOLATIONS
Renter will pay for fines and penalties for any traffic violation plus all costs incurred in the event the Renter fails to make such payment. Renter agrees that in connection with any claimed violations, any information relating to the renter may be submitted to the Government Authorities.
RESPONSIBILITY FOR LOSS OF OR DAMAGE TO THE VEHICLE:
In accordance with established insurance protocols, the Renter is responsible to pay, amounting to Php. 40,000.00 for Sedan, Php. 55,000.00 for Full-sized Sedan and Mini-van and Php. 70,000.00 for VAN and SUV in case of loss or theft of the vehicle. Renter is responsible to pay a participation fee as per category of vehicle in case of damage regardless of fault. Participation fees for Sedan - PhP11,000.00; Full-sized Sedan - PhP20,000.00; Mini-van - PhP20,000.00; Van - PhP30,000.00; SUV - PhP30,000.00. Per occurrence or per car applies.
SECURITY DEPOSIT
Renter is required to leave a security deposit via credit card. The amount of required security deposit will depend on the vehicle’s category. The deposit will be returned after the rental, as long as all conditions have been met. Budget will not accept prepaid, recharge or virtual credit cards – or any card on which the relevant characters are not raised (‘embossed’).
LOST KEY AND LOCKING
Renter is liable for any charges directly related to lock out of the rental car or loss of its key(s). The actual amount for key(s) replacement will be charged to the Renter plus the administration fee of Php 500.00. For locking out of the rental, Renter will pay a calculated amount depending on the location of the vehicle (Rescue Fee). Requests for additional keys will be subject to approval by Budget. If granted, the Renter will shoulder the cost of duplication. Upon return of the vehicle, all vehicle keys must be submitted to Budget.
LOST OF DAMAGED OF EXTRA EQUIPMENT
Renter is responsible to pay for all charges in cases of Loss or Damage of requested optional equipment such as GPS Navigation System, Child Seats, Fire Extinguisher, etc.
NUMBER OR COLOR CODING REPLACEMENT
In case the Renter will request for a number coding vehicle replacement, an additional fee will be paid by the Renter equivalent to one (1) day rental.
RENTER RESPONSIBILITY FOR PROPERTY
Renter is solely responsible for any property left or stored in the vehicle, shuttle bus, or anywhere at the renting location, no matter who received, stored or handled the property.
PAYMENT
Renter will pay on demand all charges due under this Rental Agreement, even if Renter indicated that another party will pay for the charges. Renter consents to the reservation of credit, by a credit card issuer, up to the amount of the estimated charges due under this Rental Agreement and authorizes the renting location to process a credit card voucher, if applicable, in Renter’s name, for all the charges due in this Agreement. All charges are subject to final audit, and if error is found, either party will promptly pay or credit the other as appropriate, to correct the error. Renter will pay interest at the highest rate permitted by laws on any past due charges and will also pay collection cost, including reasonable attorney’s fees, if all charges are paid when due.
FUEL
Renter is responsible for returning the vehicle with as much fuel in the tank as when received. If the Renter returns the vehicle with less fuel than when received, a fuel charge applies with the mark-up of Php 8.00 per liter. UPON RETURN, THE RENTER WILL NOT RECEIVE CREDIT FOR ANY EXCESS FUEL REMAINING IN THE VEHICLE. In any case that incorrect fuel is loaded in the tank (i.e. diesel to gas tank; or gas to diesel tank), Renter is responsible for all the expenses incurred for draining the tank and any damages to the vehicle.
FAILURE TO RETURN VEHICLE
If the Renter fails to return the vehicle on the due back date or within 24 hours following a written or oral demand to Renter then Budget shall consider the vehicle subject to Repossession. Budget reserves the right to declare a vehicle as stolen as well as its rights to pursue all additional measures including law enforcement and other legal means. Written demands shall be considered delivered Forty Eight (48) hours after the mailing of a certified letter addressed to the residence or business address of Renter or any person possessing the vehicle.
VEHICLE REPAIRS/ALTERATIONS
Renter will not permit any repair or replacement of any part of the vehicle without the prior consent of the renting location. Renter will not tamper with the vehicle odometer/speedometer or otherwise alter the vehicle. Renter agrees to pay for any costs associated with correcting all such unauthorized repairs and parts installations.
REIMBURSEMENT
Renter will pay all costs, including reasonable attorney’s fee and court costs incurred by the renting location. Budget will defend and indemnify these parties from all claims, demands and lawsuits resulting from: issuance of warrant for the arrest of the Renter or any person operating the vehicle; any action by the renting location, including self-help, used to repossess the vehicle, or otherwise enforce the terms of the Rental Agreement; and any action against the renting location and Budget resulting from Renter’s breach of this Rental Agreement.
RENTER'S INDEPENDENT STATUS
Renter shall not be considered the agent or employee of the renting location and Budget for any purpose whatsoever.
CHANGES TO AGREEMENT
Renter agrees to everything stated in this agreement, which is the entire Rental Agreement between the parties. Renter agrees that this Rental Agreement can only be changed in writing and if signed or initialed by both the renting location and Renter.
LIABILITY
In case of Self-Drive, Budget shall not be liable or responsible for, and the Renter hereby holds Budget free and harmless from, any and all liabilities, claims for damages and/or suits for or by reason of death or injury to the driver, agents, employees, passengers, customers or guests of the Renter or to any person, or damage of property of any kind, on any occasion by any use of the vehicle or any part thereof or any activity of the Renter in connection therewith. The Renter shall indemnify Budget should Budget be made to answer for liabilities, claims for damages and/or suits on any occasion by any use of the vehicle or any part thereof or any activity of the Renter in connection therewith.
GOVERNING LAWS, JURISDICTION AND VENUE
This Contract shall be governed and construed in accordance with the laws of the Republic of the Philippines. The Renter hereby agrees that all suits concerning this Rental Agreement shall be commenced exclusively in the proper courts of the City of Pasay, to the exclusion of all other courts.
For CHAUFFEUR DRIVEN vehicles
PICK UP/DROP OFF FEE
Renter shall be charged the pick up/drop off, hourly, daily, weekly, or monthly rental rate, whichever is applicable.
WAITING PERIOD
Renter agrees to be at the designated pick-up point at the appointed time. Reservations are automatically cancelled after 30 minutes of waiting time even if it is due to delayed flight arrival. If advise to wait, P300.00 per hour will be charged for the waiting time.
SIDE TRIP
Side trip is not allowed. In case of side trip, additional fee will be charged depending on the locations.
CANCELLATION
Reservations can be cancelled free of charge up to 4 hours before the start of the rental. Reservations cancelled within 4 hours of the start of the rental will be charged a fee equal to 50% of the contracted rate.
NO SHOW
100% of the contracted rate will be charged if Budget is not notified of cancellation prior to the start of the rental.
CHAUFFEUR
Only Budget authorized chauffeurs are allowed to use the vehicle.
PICK-UP/DROP OFF LOCATION
Renter SHALL NOT BE picked up/dropped off at any other location unless stated in the Rental Agreement.
INSURANCE
Each passenger is covered with a minimum of Php20,000.00 Personal Accident Insurance (PAI) up to a maximum vehicle registered capacity including the Budget driver.
OUT OF TOWN TRIPS
Renter shall be charged an additional driver fee.
OVERNIGHT TRIPS
Renter agrees to provide meals, board and lodging to the driver.
OTHERS
Fuel, parking and toll fees are the responsibility of the Renter.
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