Currency
Colombian Peso (COP).
Select a rental company to view available rates
The minimum age is 25 years for all car groups.
For drivers under 21-24, an additional fee may apply. Check with location directly for details and information.
A charge card hold will be placed on the credit card provided by the client as a guarantee in case of possible extra charges such as any damage to the vehicle, to third parties, and to cover any fine, summons or traffic violation. The amount to be blocked will depend on the exemptions that the lessee has contracted and will last the term of the contract plus five (5) weeks after the return of the vehicle.
Budget accepts the following credit cards only:
✓ Visa
✓ Mastercard
✓ American Express
Security check
You will be subject to a security check to determine and ensure fraud prevention before releasing the car to you. Your driver’s license, passport or other form of identification will be used for the security check. If we are unable to complete the security check, if the security check fails or if the customer does not approve, Budget Colombia reserves the right to reject any rental request.
Additional drivers must meet the same requirements as the primary driver and must be present during the rental.
The additional driver charge is COP 10,000 per day (plus tax) for each additional driver.
The cities of Bogota, Cali, Cartagena, Medellin and Pereira have enacted a plan, known as Pico y Placa or Peak & Plate, to reduce the number of vehicles on the city roads during high-traffic (rush hour) periods.
Our vehicles are also regulated by these local restrictions and the renter is responsible to further inquire on these restrictions depending on the range of days and cities where the vehicle will be driven.
By law, cars can be impounded for not abiding by the restrictions. There is a paid exemption for Bogotá in case the client wants to avoid this restriction, this one has a cost per each day of Peak & Plate, ask for information and payment method at the sales counter.
These restrictions are also subject to change by law and the administration of each city and Budget cannot guarantee a specific last digit on the plate number.
The amount to be blocked will depend on the exemptions that the lessee has contracted and will last the term of the contract plus five (5) weeks after the return of the vehicle.
| Category | Car Group | Car Sipp Code | Non-Waivable Excess (If LDW Accepted) | Non-Waivable Excess (If LDW Declined) |
|---|---|---|---|---|
| Economy | A | ECMR | COP 1,500,000.00 | COP 30,000,000.00 |
| Economy | B | ECAR | COP 1,500,000.00 | COP 30,000,000.00 |
| Compact | C | CCMR | COP 1,500,000.00 | COP 30,000,000.00 |
| Standard | D | SCMR | COP 1,500,000.00 | COP 30,000,000.00 |
| Intermediate SUV | F | IFMR | COP 3,500,000.00 | COP 70,000,000.00 |
| Full Size SUV | J | FFAR | COP 3,500,000.00 | COP 70,000,000.00 |
| Standard SUV Hybrid | H | SFAH | COP 3,500,000.00 | COP 70,000,000.00 |
| Premium SUV | K | PFAR | COP 3,500,000.00 | COP 70,000,000.00 |
Smoking is not allowed in the vehicles. If customers smoke inside the car, a fee of COP 300.00 will apply.
Purchase of LDW is optional and reduces the customer’s financial responsibility.
Mandatory participation is 5% of the cost of the car rented. If LDW is declined, the renter’s financial responsibility for damage ranges will be 100% of the damage or value of the car in case of total loss, depending on car group rented. The renter will be responsible for the full cost of damage if the car is driven in violation of the rental agreement, is abused or driven recklessly or while under the influence of alcohol or drugs.
| Car Group | Non-Waivable Excess (If LDW Accepted) | Non-Waivable Excess (If LDW Declined) |
|---|---|---|
| All | COP 2,000,000 | Full Value |
If the car is stolen the customer’s financial responsibility when purchasing LDW will be the amount of the credit card hold.
If the client takes an external insurance different than the one offered by Budget, the client will respond for the payment of any damage, and Budget will provide all the documentation related to the damage, so the client can get the refund from the insurance company.
Some rates might include LDW, please check your reservation before arrival.
Purchase of SLI is optional. Purchase of SLI raises the limits of coverage for damage to property or persons outside the vehicle.
Purchase of PAI is optional.
Purchase of PAI provides benefits for accident, medical, death, or bodily injury resulting from an accident that occurred while in the rental vehicle.
PAI provides the following maximum benefits in the event of an accidental physical injury:
✓ Funeral Assistance – COP 2,400,000
✓ Accidental Death – COP 50,000,000
✓ Permanent Disability or Accidental Dismemberment – COP 50,000,000
✓ Medical Expenses for Accident – COP 1,000,000
✓ Daily Income for Hospitalization for Accident – COP 100,000
If you purchase PAI, you will be charged the full daily rate, even if the vehicle is not kept for a full day. The coverage will only apply to the main driver.
The additional driver also has the option to purchase PAI separately.
All our cars are clean, if you return the car extra dirty, a fee of COP 150.00 will apply.
Cars can be returned to other locations in Colombia different from the pick-up one, based on car availability. A one way fee may apply.
One-way rentals are not allowed outside the country.
Available for COP 20,000 per day per seat.
There is a COP 300,000 fee if the seat is lost or stolen.
An advance reservation of 24 hours is recommended