Running a private hire business in the UK can be both profitable and flexible. However, one of the biggest ongoing expenses is your vehicle. Whether you drive full-time for platforms like Uber or Bolt, or you’re just starting out, securing a cheap car rental in the UK can significantly reduce your costs and increase your take-home earnings.
At PHV Compare, we specialise in helping private hire drivers find the best car rental and lease deals across the UK. From hybrid and electric vehicles to petrol-efficient models, we list options tailored to meet private hire licensing requirements. In this guide, we’ll show you how to find a great deal on cheap car rental UK, what factors to consider, and why renting might be the smartest financial decision for PHV drivers in 2025 and beyond.
Why Cheap Car Rental Matters for PHV Drivers
In contrast to typical drivers, PHV operators cover significantly more miles and adhere to more stringent vehicle regulations. They require a dependable and economical car. Renting a vehicle offers a flexible solution without the burden of a long-term financial obligation.
Finding a cost-effective rental is essential, and it should adhere to the guidelines established by Transport for London (TfL) or local licensing authorities. Bodies.
Where to Find Cheap Car Rentals in the UK
You can find affordable car rentals in the UK on major platforms. However, PHV-specific rentals are different. Here are your best choices:
1. PHVCompare.com
We gather reliable car rental companies that offer private hire vehicles. This includes plug-in hybrids, electric cars, and fuel-efficient petrol or diesel cars.
2. Local PHV Rental Companies
Regional providers might present more competitive rates compared to large national companies, particularly beyond London. They also grasp local licensing, insurance, and maintenance necessities.
3. Short-Term Hire Apps
Apps like Turo or Karshare can be useful for short-term rentals, but they’re usually not PHV compliant. Always check licensing and insurance terms before renting for private hire work.
How Much Does Cheap Car Rental Cost in the UK?
The cost of rental varies based on car type, location, and contract length.
Type of Vehicle Daily Rate Weekly Rate Notes
Petrol Hatchback £25–£40 £140–£200 Low cost, good fuel economy
Hybrid (e.g. Prius) £40–£60 £200–£280 Uber Green / Bolt approved
Fully Electric (e.g. MG4, Leaf) £50–£70 £250–£300 Ideal for London (no ULEZ)
Executive (e.g. Skoda Superb) £60–£100 £300–£500 Uber Exec and Bolt Premium
Prices in London may be higher because of demand, congestion charges, and licensing rules.
Things to Check Before You Rent
When hunting for cheap PHV car rentals in the UK, don’t just look at the weekly price. Ensure you understand what’s included—and what’s not.
1. PCO / PHV Licensing
Is the vehicle already approved for private hire use? If not, you might encounter delays and additional expenses to get it registered.
2. Insurance
Does the rental package come with PHV insurance? This type of insurance is typically more costly and might not be part of the rental fee.
3. Mileage Limits
Some offers appear affordable but come with restrictive mileage limits (e.g., 700 miles per week). Be aware of the charges for exceeding these limits.
4. Maintenance & Servicing
Inquire if the policy covers oil changes, MOTs, and tyre replacements. A well-maintained vehicle is crucial for the reliability and licensing of private hire services.
5. Breakdown Cover
This is often included but not guaranteed. Verify if 24/7 roadside assistance is included in the package.
Should You Rent an EV or Hybrid for PHV Work?
As cities like London move toward zero-emission zones, many PHV drivers are switching to hybrid or electric vehicles to save money and stay compliant with TfL regulations.
- Benefits of EVs & Hybrids:
- No Congestion Charge or ULEZ in London
- Lower fuel costs (or zero for EVs)
- Quiet and comfortable driving experience
- More passengers prefer eco-friendly rides
- But keep in mind:
- EVs need regular charging (plan your routes)
- Insurance may be higher
- Upfront rental cost is slightly more than petrol/diesel
- At PHV Compare, we list EV and hybrid rentals that are Uber and Bolt-ready, with charging advice included.
Documents You’ll Need to Rent a PHV Car
To rent a private hire vehicle in the UK, you’ll typically need:
Full UK Driving Licence (held for 12+ months)
PCO/PHV Licence (TfL or local council badge)
Proof of address
National Insurance Number (for checks)
Credit/debit card for payment
International drivers may need additional documentation, such as visa info or DVLA checks.
Cheap Car Rentals in Major UK Cities
London
- Massive demand, many providers
- Look for ULEZ-exempt hybrid/EV cars
- Consider Uber Green or Uber Exec options
Manchester & Birmingham
- Cheaper than London
- Fewer congestion fees
- Good for petrol and hybrid rentals
Leeds, Glasgow, Liverpool
- Competitive pricing from local firms
- Often easier vehicle approval process
- Great if you’re starting out in PHV
Tips to Save Money on PHV Rentals
- Rent Long-Term: Monthly contracts are cheaper than daily or weekly
- Compare Deals: Use PHV Compare to find the best rates fast
- Use Referral Codes: Some providers offer bonuses for referrals
- Avoid Peak Seasons: Prices rise during holidays and events
- Negotiate: Local firms may offer discounts for loyal or long-term drivers
Conclusion
Finding a cheap car rental in the UK doesn’t mean settling for low quality. If you are starting your private hire business or want to save money, smart rental choices can help. They can make your business more profitable and easier to run. At Brandleap, you’ll get expert SEO, ads, and web design services to help your PHV business attract more customers and grow online.
At PHV Compare, we offer the best rental deals for private hire in the UK. Our options include electric cars and PCO-licensed hybrids. All listings are for PHV drivers. This way, you can get on the road quickly, legally, and affordably.
