How many competitor prices should I check?
Your competitive set of 4 to 6 brands, for each car type you run, across at least the next 14 pick-up days. That's a few hundred prices, which is why it's easy to check fewer than you mean to.
Articles
When checking competitor rates by hand is enough, when it breaks, and how to make either way reliable. With real offer counts and a check log template.
By the DayRunner team ·
Check by hand if you run one depot, a few car types and a short list of competitors, and you do it on a fixed day each week. Automate once the number of prices you need grows past what one person checks properly in half an hour. That point comes sooner than you'd think, because the prices multiply: brands × car types × pick-up days.
Do the sum for your own business.
Competitors × car types × pick-up days = prices to check.
Five competitors, four car types and the next 14 pick-up days is 280 prices. If each one takes 40 seconds to search, read and write down, that's just over three hours. Every time.
It's tempting to cut corners: check two competitors, one car type and next weekend. But the data that would tell you something sits in the bits you skipped.
The market is bigger than your list, too. In the Rate Pulse sweep of 7 Nov 2026:
| Airport | Offers found | Brands |
|---|---|---|
| London Heathrow | 6,862 | 11 |
| Brisbane | 6,559 | 19 |
| Auckland | 4,461 | 19 |
| Sydney | 3,920 | 18 |
| Christchurch | 1,837 | 18 |
| Queenstown | 1,813 | 18 |
That's 3-day hires only, over 14 pick-up days, on one booking site. Nobody checks 4,461 offers by hand. You check a sample and hope it's the right one.
The last point matters most. A manual check you do the same way every Monday beats an automated one you never look at.
Same booking site, same hire length, same pick-up time, same search country, every time. Prices vary by point of sale.
Your competitive set and your car types, mapped to the site's categories. See car category mapping.
Note every price in your category and take the middle one.
Date checked, pick-up date, car type, each brand's price. Use the template below.
Work out your market rate index and rank for each day.
Say you run 25 compacts at Auckland. You check five competitors for compacts each Monday, for the next 14 pick-up days. That's 70 prices.
You find the cheapest of the five and match it. Here's the risk. In the Rate Pulse sweep the cheapest compact offer at Auckland was $38 a day, while the typical compact was $139. If your five-brand sample happened to include the brand behind that cheapest offer, matching it would put you near a quarter of the market price.
The market typical moved from $130 to $173 by pick-up day. A Monday check of one pick-up day would have missed that swing completely.
That's why the median of the whole market is the safer number. It needs more prices than one person will check by hand.
| Checked on | Pick-up date | Car type | Brand A | Brand B | Brand C | Brand D | Brand E | Median | Your rate | Your index | Your rank |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mon 9 Nov | Fri 13 Nov | Compact |
Your index is your rate ÷ the median. Your rank is your position from cheapest, where 1 is cheapest.
| Manual check | Rate Pulse (free) | |
|---|---|---|
| Brands covered | the ones on your list | every brand on the search page |
| Pick-up days | as many as you have time for | next 14 days |
| Car categories | the ones you check | every category listed |
| Typical (median) and cheapest | Partly if you work it out | Yes |
| Your rate vs market, day by day | Partly by hand | Yes pick your brand |
| Customer ratings and sub-scores | No | Yes |
| Events and holidays | No | Yes with sources |
| Choice of hire length | Yes | No 3-day hires only |
| Price history and trends | Yes if you keep a log | No one daily snapshot |
| Alerts | No | No |
Rate Pulse facts from how it works.
A manual log does have one thing Rate Pulse doesn't yet: history, if you keep it. Rate Pulse replaces each day's snapshot with the next. If you want to see how rates moved, keep your own weekly copy of the numbers that matter to you.
For a side-by-side of paid tools, see car hire pricing tools compared and Rate Pulse vs manual rate checking.
For a small operator, the two together work well. Use automated market rates for the wide view, every brand and every day. Then do a short manual check on the two or three competitors you really fight with, on the dates that matter, with the extras and terms you can only see by clicking through.
That's rate shopping done properly: wide, regular and written down.
Your competitive set of 4 to 6 brands, for each car type you run, across at least the next 14 pick-up days. That's a few hundred prices, which is why it's easy to check fewer than you mean to.
Usually not. The cheapest offer is often one brand's odd deal. The market typical (median) price is the steadier number to price against.
It doesn't send alerts, keep history, offer an API or download, or vary the hire length (it's 3-day hires only). It shows one daily snapshot of the next 14 pick-up days.
Free. Open your city and leave your email to unlock the benchmark and every brand's ratings.