Rental information
First in the industry to win Korea’s 3 Top Awards for Customer Satisfaction!
Rental Requirements
| Vehicle Type | 9 passengers or less | 11~12 passengers | 15 passengers (Limousine with driver) |
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| Type of license |
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| Driver’s age |
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| Details |
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- Korean driver’s license exchanged from a foreign driver’s license is Exempted from 1 year after issued policy.
- For USFK Motor Vehicle Operator’s Permit holders, you are allowed to rent up to 9-passenger vehicles.
- Additional information regard International Driving Permit
- EU citizens – EU International Driver’s License cannot be used in South Korea, EU IDL holders must issue an International Driving Permit to drive in Korea.
- US citizens – International Driving Permit issued from American Automobile Association (AAA) & American Automobile Touring Alliance (AATA) is accepted.
Please refer below to mandatory documents for car rental in South Korea
- 1. Passport
- 2. International Driving Permit (IDP)
- IDP should be issued by countries under Geneva or Vienna Convention.
- You MUST carry the original copy of IDP, when you pick up the vehicle.
- The copy, pdf, and picture of IDP is not valid for rental service.
- IDP is valid for a period of one year from the date you enter the Republic of Korea.
We only accept International permit that is issued by countries under the Geneva or Vienna convention with the following Grades:- Grade B : Allow to drive up to 9 seats vehicle
- Grade D : Allow to drive up to 12 seats vehicle
- 3. Address in South Korea and contact number
- 4. Card for payment (Must be renter’s own credit card or debit card)
- 5. International Driving Permit Sample
- 6. Geneva & Vienna Conventions
Countries which are members of the Geneva Agreement Asia (17) Australia, Bangladesh, Cambodia, Fiji, India, Japan, Korea, Kyrgyzstan, Laos, Malaysia, New Zealand, Papua New Guinea, Philippines, Singapore, Sri Lanka, Thailand, Vietnam, (HongKong, Macao) America (15) Argentina, Barbados, Canada, Chile, Cuba, Dominican Rep., Ecuador, Guatemala, Haiti, Jamaica, Paraguay, Peru, Trinidad Tobago, USA, Venezuela Europe (33) Albania, Austria, Belgium, Bulgaria, Cypress, Czech Rep., Denmark, France, Finland, Georgia, Greece, Hungary, Iceland, Ireland, Italy, Luxemburg, Monaco, Monte Negro, Netherlands, Norway, Portugal, Poland, Rumania, Russia, San Marino, Serbia, Slovakia, Slovenia, Spain, Sweden, Turkey, UK, Vatican City Middle East & Africa (32) Algeria, Benin, Botswana, Burkina Faso, Central African Rep., Congo, Dem. Rep. of Congo, Cote d’Ivoire, Egypt, Ghana, Israel, Jordan, Lebanon, Lesotho, Madagascar, Malawi, Mali, Malta, Morocco, Namibia, Niger, Nigeria, Rwanda, Senegal, Sierra Leone, South Africa, Syria, Togo, Tunisia, UAE, Uganda, Zimbabwe Countries which are members of the Vienna Agreement Asia & Pacific(9) Kazakhstan, Kyrgysztan, Mongolia, Pakistan, Philippines, Tadzhikistan, Turkmenistan, Uzbekistan, Vietnam America (6) Bahamas, Brazil, Cuba, Guyana, Peru, Uruguay Europe (40) Albania, Armenia, Austria, Belarus, Belgium, Bosnia-Herzegovina, Bulgaria, Czech Rep. Croatia, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxemburg, Moldova, Monaco, Monte Negro, Netherlands, Norway, Portugal, Poland, Rumania, Russia, San Marino, Serbia, Slovakia, Slovenia, Sweden, Switzerland, UK, Ukraine, Macedonia, Turkey Middle East & Africa (23) Azerbaijan, Bahrain, Cabo Verde, Central African Rep., Cote d’Ivoire, Dem. Rep. Congo, Iran, Iraq, Israel, Kenya, Kuwait, Liberia, Morocco, Niger, Nigeria, Qatar, Saudi Arabia, Senegal, Seychelles, South Africa, Tunisia, UAE, Zimbabwe - ※ International Driving Permit from Taiwan is valid in Korea
Rental Rate
Customer discount benefits
- Up to 60% discount for all the customers on weekdays & weekends
(Discount only applies to over 24hours rental.) - Free Vehicle Upgrade/ Free Rental Coupon
- Affordable travel through the provision of various
travel
information and discount coupons.
Daily rate per rental period
| Vehicle name | 1~2days | 3~4days | 5~6days | 7days~ |
|---|---|---|---|---|
| SPARK / MORNING |
105,000 |
95,000 | 89,000 | 84,000 |
| RAY / ACENT |
110,000 |
99,000 | 94,000 | 88,000 |
| AVANTE / K3 / SM3 / VELOSTER |
121,000 |
109,000 | 103,000 | 97,000 |
| i30 / AVANTE HYBRID |
132,000 |
119,000 | 112,000 | 106,000 |
Rental rate by hours
| Vehicle name | 6hours | 10hours | 12hours |
|---|---|---|---|
| SPARK / MORNING |
59,000 |
76,000 | 84,000 |
| RAY / ACENT |
62,000 |
79,000 | 88,000 |
| AVANTE / K3 / SM3 / VELOSTER |
68,000 |
87,000 | 97,000 |
| i30 / AVANTE HYBRID |
74,000 |
95,000 | 106,000 |
- The above is the representative vehicles’ rate table, to check the accurate rental rate please go to the real-time reservation menu.
- Rates are subject to changes during high season and holidays. LOTTE rent-a-car members may receive special offers depending on membership type.
Rental Surcharge
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- Compensation for an Inoperable Vehicle
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If the vehicle is damaged from an accident attributed to the renter, the renter is responsible
for 50% of the standard rental fee in addition to the vehicle repair cost due to revenue loss.
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- Vehicle Repair Cost
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Any cost from damages to the vehicle during rental either attributed to the renter or caused by unidentified reasons will be paid by the renter.
Vehicle must be repaired at the designated place after consulting with LOTTE rent-a-car, except for special reasons.
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- Penalties for Violation of Traffic laws
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Renter is responsible for all penalties incurred due to
violation of the Road Traffic Law such as parking violation,
driving on the bus
lane violation, not wearing seat belts etc., during rental period. Insurance coverage may partially not be provided if the accident
occurred is caused by the violation of the Road Traffic Law.
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- Fuel Cost
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Full to Full fuel policy is applied. You must return the car
with full tank, the same amount it had when you picked it up.
If the fuel tank is not full, refueling cost will be charged.- When settling for refueling cost, please refer to the fuel standard rate table on the branch’s desk.
Rental Procedures
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1. Visit Branch
Please provide your reservation
number and renter’s name to
our staff. (For foreign customers,
please provide your passport and
International Driving Permit. -
2. Confirm Renter’s
InformationAfter reservation is confirmed,
the staff will prepare your
rental agreement. -
3. Payment
After rental period, vehicle type,
additional services etc.,
are confirmed, please pay
the stated rental fee. -
4. Vehicle Inspection
& Rental AgreementPlease follow our staff to the
parking lot where you may check the
vehicle’s condition before being asked
to sign the rental agreement.
Return Procedures
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1. Visit Branch
Park the vehicle, stop the engine
at the drop-off point. Make sure
to take all your belongings out
from the vehicle and bring the key
to the branch’s office. -
2. Return Key
Return the vehicle key
to the staff. -
3. Vehicle Inspection
Please go back to the parked car
with our staff to undergo vehicle
inspection to check on the fuel
level and vehicle’s overall condition. -
4. Pay for Additional Fees
You will be asked to settle any
additional charges occurred due to late
return, damage to the vehicle, fuel costs
or tickets from traffic violation.
Insurance & Compensation
Accident Insurance and coverage
At LOTTE rent-a-car, we do our best to protect customers within the scope of the insurance coverage below in the event of an accident during rental.
| Third Party Liability | Unlimited |
|---|---|
| Property Damage | 20 million KRW (per accident) |
| Personal Injuries | 15 million KRW per person (Driver not registered in the rental agreement is not eligible for comprehensive insurance coverage.) |
Collision Damage Waiver (CDW)
All losses or damages to the vehicle attributable to the driver
during rental is the renter’s responsibility. However, Collision
Damage Waiver (CDW)
offers renter the protection from
financial liability for losses and damages to the vehicle.
- Deductibles for Collision Damage Waiver
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Customers can be protected from full liability for damages to the vehicle by paying Zero or 300,000won deductibles depending on their chosen CDW program.
The registration fee for each CDW program may vary.Division Domestic Vehicle Imported Vehicle Mainland Zero Excess 300,000won (Only one program offer) Jeju Zero Excess - The registration fee for each type of CDW program may vary.
- Additional Charge for Customer(Driver) under 26 Years Old
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- An additional fee will be charged if a driver under the age of 26 is included among the drivers.
Additional Charge table 1~2 Day 3~6 Day 7~10 Day 11~14 Day 31 Day 30,000 25,000 20,000 15,000 10,000 - Vehicle Repair Cost
- All damages to the vehicle, for any reason attributable to the customer during the rental period is the customer’s responsibility. When Collision Damage Waiver(CDW) is registered, if the vehicle repair cost is less than the deductible stated, the actual expense will be charged. However, if the repair cost is more than the deductible, you will only have to pay for the deductible and the rest of the expense will be waived by CDW.
- Compensation for an Inoperable Vehicle
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Regardless of whether or not CDW is registered, if a vehicle is inoperable due to an accident,
renter is responsible for the compensation fee for revenue loss that is 50% of the vehicle’s standard rental rate of the repair period.Division Domestic Vehicle Imported Vehicle Standard for claim Claims when the damage to the vehicle is more than
50% of the remaining vehicle price.
(Regardless of CDW registration)Claims for revenue loss incurred from the
period the damaged vehicle is being repaired.Amount charge (Repair day(s) per accident) X (50% of 1 day Rental fee) - However, at Jeju branch, compensation fee for inoperable vehicle Is exempted for domestic vehicles if renter registered for ‘Zero Excess’ CDW program.
Other Information
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- Other Information
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- Renter is liable for all matters in relation to the violation of traffic laws.
- If you violate any of the Road Traffic Act, you may not be able to partially or entirely benefit from the insurance coverage.
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- Fuel & Mileage
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- Renter is responsible for the fueling charge.
- All vehicles are rented with Full-Tank and must be returned with Full-Tank. Unlimited driving mileage.
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- Extension of Contract
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- Renter must receive the branch’s prior consent to extend the contract during rental period.
- If contract is extended, the renter is responsible for any additional fees.
- If renter extends the rental period without LOTTE’s prior consent, the renter may not be able to benefit from the insurance coverage.