Rental information
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Rental Requirements
| Vehicle Type | 9 passengers or less | 12 passengers or less |
Chauffeured Service |
|---|---|---|---|
| License Type | Valid International Driving Permit("B","D","E"), 2nd Class (Ordinary) Korean Driver's License or higher | Valid International Driving Permit("D","E"), 1st Class (Ordinary) Korean Driver's License or higher |
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| Driver’s age |
From Ages 21 to 79 (by the pick-up date) |
From Ages 21 to 79 (by the pick-up date) |
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| Details |
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- Korean Driver’s License Holders Exemption : Individuals who have acquired a Korean driver's license by exchanging a foreign driver's license are exempt from the conventional stipulation that mandates the possession of the Korean license for a minimum duration of one year. This exemption is exclusively applicable to foreign nationals who have converted their foreign driver's license into a Korean driver's license.
- USFK Motor Vehicle Operator's Permit Holders : Individuals who possess a United States Forces Korea (USFK) Motor Vehicle Operator's Permit are permitted to rent vehicles that specified on the Permit.
- International Driving Permit (IDP) for EU Citizens : Citizens of the EU are formally advised that European Union (EU) International Driver’s Licenses are deemed invalid for operation within the Republic of Korea. To legally operate a vehicle in Korea, EU citizens are required to secure an International Driving Permit, in alignment with the stipulations of either the Geneva or Vienna Convention on Road Traffic.
- International Driving Permit (IDP) for US Citizens : US citizens are permitted to use an International Driving Permit issued by the American Automobile Association (AAA) or the American Automobile Touring Alliance (AATA) to rent a vehicle in Korea.
Required Documents for the Car Rental Service
- 1. Passport
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2. International Driving Permit (IDP)
- Your IDP must be issued by a country that is signatory to the Geneva or Vienna Convention.
- An IDP issued by a private organization/company is not accepted.
- Please bring original IDP when picking up your vehicle; photocopies, PDFs, or pictures are not aceepted.
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An IDP is valid for one year from your date of entry into South Korea.
- Here are classifications of acceptable IDPs :
- Grade B, D, E : Permits driving vehicles with up to 9 seats
- Grade D, E : Permits driving vehicles with up to 12 seats
- 3. Local Address in South Korea & Contact Number
- 4. Debit or Credit Card (Cash Not Accepted, The card must be issued in the name of the renter, driver, or companion)
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5. International Driving Permit (IDP) Sample
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6. International Driving Permit Recognition
Countries recognized under the Geneva Convention Asia (19) Korea, New Zealand, Laos, Malaysia, Bangladesh, Brunei, Sri Lanka, Singapore, Australia, India, Japan, Cambodia, Kyrgyzstan, Thailand, Papua New Guinea, Fiji, Philippines, Hong Kong, Macau America (15) Guatemala, Dominican Republic, United States, Barbados, Venezuela, Argentina, Haiti, Ecuador, Jamaica, Chile, Canada, Cuba, Trinidad and Tobago, Paraguay, Peru Europe (37) Vatican City, Greece, Netherlands, Norway, Denmark, Russia, Romania, Luxembourg, Lithuania, Liechtenstein, Monaco, Montenegro, Belgium, Bulgaria, Cyprus, San Marino, Serbia, Sweden, Spain, Slovakia, Slovenia, Iceland, Ireland, Albania, United Kingdom, Austria, Italy, Georgia, Czech Republic, Croatia, Turkey, Portugal, Poland, France, Finland, Hungary, Estonia, Malta Middle East
& Africa (32)Ghana, Namibia, Nigeria, South Africa, Niger, Lebanon, Lesotho, Rwanda, Madagascar, Malawi, Mali, Morocco, Benin, Botswana, Burkina Faso, Senegal, Syria, Sierra Leone, United Arab Emirates, Algeria, Jordan, Uganda, Israel, Egypt, Central African Republic, Zimbabwe, Ivory Coast, Congo, Republic of Congo, Togo, Tunisia Countries recognized under the Vienna Convention Asia & Pacific(11) Vietnam, Mongolia, Myanmar, Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Thailand, Pakistan, Philippines Pacific America (7) Guyana, Bahamas, Brazil, Honduras, Uruguay, Cuba, Peru Europe (41) Greece, Netherlands, Norway, Denmark, Germany, Latvia, Russia, Romania, Luxembourg, Lithuania, Liechtenstein, Macedonia, Monaco, Montenegro, Moldova, Belgium, Belarus, Bosnia-Herzegovina, Bulgaria, San Marino, Serbia, Sweden, Switzerland, Slovakia, Slovenia, Armenia, Albania, Estonia, United Kingdom, Austria, Ukraine, Italy, Georgia, Czech Republic, Croatia, Turkey, Portugal, Poland, France, Finland, Hungary Middle East & Africa (26) South Africa, Nigeria, Niger, Liberia, Morocco, Bahrain, Benin, Saudi Arabia, Senegal, Seychelles, United Arab Emirates, Azerbaijan, Oman, Iraq, Iran, Israel, Central African Republic, Zimbabwe, Cape Verde, Qatar, Kenya, Ivory Coast, Republic of Congo, Kuwait, Tunisia, Palestine - Note: International Driving Permits from Taiwan are valid in South Korea
Rental Rate
Exclusive Offers for Members
- Save up to 60% on car rentals any day of the week for rentals exceeding 24 hours
- Benefit from complimentary vehicle upgrades and valuable car rental discount coupons
- Access essential travel advice and exclusive discount vouchers to enhance your journey
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
-
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
-
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 50,000won 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 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.1~2 Day 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 theperiod 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.