Limousine Overtime and Late Fees Guide
Overtime occurs when you go past the regular hours of operation. You are required to manage your time appropriately to avoid overtime. Late fees occur when you do not return a rented item, which in our case is a limousine on time. You are charged in proportion to the time exceeded after the due date has passed. You have got to be careful with late fees as they can take away most of your borrowing privileges to any rental company. This article will guide on how to calculate limousine overtime and late fees and how they begin.
Once you have rented a limousine, you agree with the company on a date and time you will return the car. The return date is the due date. The terms of payment which include overtimes and if you delay there is also a late fee should be stated. You are obliged to adhere to the conditions and requirements declared by the company. Poor time management causes many delays. You are required to plan your day schedule before hiring a limousine to avoid delays as it will cause you to pay extra for late fees.
Breaking the agreed policy
You are required to pay overtime to the company if you happen to delay returning the rented commodity on time. A late fee then begins to incur after the due date is reached. The company is obliged to start charging the extra cost as stated in their policy. If you do not manage an overtime carefully, it can lead to high costs.
The company is required to acknowledge the Acts of God if they occur and cause delays in returning the rented commodities. Some of the Acts of God may include:
How to calculate and pay for overtime and late fees
The limousine company should state how they charge for overtimes caused by the client. If you return the limousine hours after the due time, you are required to calculate the overtime by driving the overtime by the stated hours and multiplying that by the fixed fees. You should then add that amount to the fixed price. The total of the overtime and fixed fee should be paid when returning the limousine.
After exceeding the return date, the client begins to incur late fees. If you do not communicate with the company as to why you are not returning their limousine, the company will keep adding up your late fee until you return their car. A late fee is calculated by charging interest for each day passed the due date. The client is required to add the amount to that stated in the agreement when returning the vehicle.
Why Limousine Cars are so famous