Rental information
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Rental Requirement
| 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
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Daily Rates for 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 |
Hourly Rates
| 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 rates shown are for reference only. For the latest deals, please visit our real-time booking page
- Rates may vary depending on the season, holidays, and other factors.
Rental Surcharge
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- Compensation Fee for Inoperable Vehicle
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In the event of an accident caused by the renter that results in vehicle damage,
the renter will be responsible for compensating the company for lost rental income.
Specifically, the renter will be charged 50% of the standard rental rate as compensation fees. This policy ensures that the company is fairly compensated for the period during which the vehicle is unavailable for rental due to necessary repairs.
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- Renter's Damage Liability
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As a renter, you are liable for all repair expenses for any damage that occurs during the rental period,
no matter who is at fault.
All repairs must be carried out at a LOTTE rent-a-car designated facility, unless there are exceptional circumstances.
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- Traffic Law Violation Penalties
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As the renter, you are responsible for any fines resulting from traffic law violations,
including but not limited to parking rules violations, driving in bus lanes, and not wearing seat belts, during the rental period.
Please note that insurance may not cover incidents caused by such violations.
LOTTE rent-a-car may require a personal/payment information deposit to manage any potential fines for any violations that occur during your rental.
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- Fuel Policy
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Our fuel policy mandates that the vehicle is required to be returned with a full tank of fuel,
just as it was at the time of pickup.
Should the vehicle be returned with less than a full tank, refueling charges will apply.- For detailed information on refueling charges, please refer to the standard rate table available at the return location.
Pickup Process
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Visit Location
Please present your reservation number
and the renter's name to our staff.
International guests are kindly
requested to provide a valid passport
and an International Driving Permit. -
Confirm Information
Once your booking is confirmed,
our team will prepare your
rental agreement. -
Make Payment
Please proceed with the payment
for the rental fee after finalizing
the rental period, vehicle type,
and any additional services. -
Complete Pickup
Our staff will escort you to the parking
lot for a thorough vehicle inspection.
After reviewing the vehicle's condition,
you will be required to sign the rental agreement.
Return Process
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Return to Location
Please ensure the vehicle is parked
and turned off in the designated return
area. Remove all the personal
belongings from the vehicle before proceeding.
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Handover Key
Please give the vehicle key to
a staff member at the office. -
Inspect Vehicle
Accompany a staff member to
the parked vehicle for a brief
inspection to verify fuel levels
and assess the car's condition. -
Settle Charges
Please be prepared to settle any
additional charges that may arise
from late returns, vehicle damage,
refueling, or traffic fines.
Insurance & Compensation
Accident Insurance Coverage
LOTTE rent-a-car offers comprehensive insurance coverage to ensure your safety and protection during the rental period
| Third Party Liability | Unlimited Coverage |
|---|---|
| Property Damage | Up to 20 million KRW per accident |
| Personal Injuries |
Up to 15 million KRW per person (Only drivers explicitly named in the rental agreement will be entitled to coverage under the comprehensive insurance policy. Any driver not documented in the agreement will be excluded from insurance protection.) |
Collision Damage Waiver (CDW)
All losses or damages to the vehicle attributable to the driver during the rental period
are the renter’s responsibility. However, the Collision Damage Waiver (CDW)
offers renters protection from financial liability for such losses and damages.
- 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 300,000 KRW, depending on their CDW program.
Table Domestic Vehicle Imported Vehicle Mainland Zero Excess 300,000 KRW Excess Jeju Zero Excess 300,000 KRW Excess - Please note that the registration fee for each CDW program may vary.
- Surcharges for Renter/Drivers under 30 years old
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Renters or Drivers under the age of 30 are subject to an additional surcharge.
The fee varies based on the rental period as follows.
(Please note that the surcharge is applied per day, not per rental.)
Daily Charge for Rental Period 1~2 Day 3~6 Day 7~10 Day 11~14 Day 31+ Day 30,000 25,000 20,000 15,000 10,000 -
Renters or Drivers under the age of 30 are subject to an additional surcharge.
The fee varies based on the rental period as follows.
- Damage Responsibility
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As a renter, you are responsible for any damage to the vehicle that occurs during your rental period.
If you opt for Collision Damage Waiver (CDW), here's how costs are handled :
If repair costs are less than the CDW deductible, you pay only the actual repair costs.
If repair costs exceed the CDW deductible, you pay just the deductible amount, and CDW covers the rest.
CDW is a mandatory service that can reduce your financial liability in the event of vehicle damage. - Compensation Fee for Inoperable Vehicle
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In the event of an accident caused by the renter that results in vehicle damage, the renter will be responsible for compensating the company for lost rental income.
Specifically, the renter will be charged 50% of the standard rental rate as compensation fees.Table Domestic Vehicle Imported Vehicle Charge Criteria A fee is charged if the vehicle's damage exceeds 50% of its residual value. A fee is charged for the time the vehicle is being repaired, regardless of damage extent. Fee Calculation Total Number of Repair Days x 50% of the Standard Daily Rental Rate - At Jeju location, the compensation fee is exempted for domestic vehicles (excluding Hyundai Solati) if the renter joined CDW with Zero Excess
Other Information
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- Traffic Law Violation Terms
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- You are responsible for any traffic law violations during your rental period.
- Failure to comply with traffic laws may result in loss of insurance benefits, either partially or fully.
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- Fuel & Mileage Terms
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As the renter, you are obligated to refuel the vehicle to its full tank level prior to returning it.
Each vehicle is provided with a full tank of fuel, and you are entitled to unlimited mileage at no additional cost. -
Upon returning the vehicle, the vehicle must be refueled to the same level of fuel as when it was initially rented.
Should the vehicle be returned with less fuel, LOTTE rent-a-car reserves the right to charge you for the fuel required to replenish the tank to the full level.
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As the renter, you are obligated to refuel the vehicle to its full tank level prior to returning it.
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- Rental Period Extension Policy
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- To extend the rental period, the renter must obtain piror authorization from LOTTE rent-a-car pick-up location during the current rental period.
- Should the rental period be extended, the renter agrees to incur any applicable additional charges.
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It is important to note that any unathourized extension of the rental period may result in the forfeiture of insurance benefits.
Authorization from LOTTE rent-a-car is required for any extension to ensure continued insurance coverage.