Gps Porsche 911

I am going to Germany next week and I am thinking of renting a Porsche 911 Turbo but?

received this offer form a rental company. I cant understand it, can someone explain to me?

Payment 2 Credit Cards (Visa, Amex, Master)

Liability: Loss and Theft Deductible (LTD) € 56.000,-
Damage Deductible (DD) € 56.000,-
Daily fee to reduce LTD € 18,-
Daily fee to redice DD € 120,-
Reduced Deductible LTDDR € 14.000,- (only valid on public streets)
Transport: Pick up and drop off at Frankfurt € 800,-
Daily Rental Fee € 1.400,-
The total amount of € 5.414,- is including VAT, GPS, 900 km, Pick-up and Drop off in Frankfurt, the reduced deductible and the rental fee for 3 days.

Does this mean that I have to deposit 14000 Euros as insurance to get the car?

To further answer, the other answer has good info… however…. i’ve put a bit more info in the areas.

Payment 2 Credit Cards (Visa, Amex, Master)

Liability: Loss and Theft Deductible (LTD) € 56.000,-
(As other poster suggested, this is if it gets stolen, etc) deductible just as if you would with your insurance co.

Damage Deductible (DD) € 56.000,-
(Damage done to the car, if damaged, this is what you would pay, you will want to check their fine print as to WHAT is considered damage, IE clutch damage, tranny damage, physical damage to the body, etc)

Daily fee to reduce LTD € 18,-
(Pay this as an extra per day and it reduced what the deductible WOULD be….)

Daily fee to redice DD € 120,-
(Pay this as an extra per day to reduce what this deductible would be…)

Reduced Deductible LTDDR € 14.000,- (only valid on public streets)
(if you paid the above per day fees, this is what the total deductible would be rather than the above deductibles, big deduction, so they assume you’ll pay the extra fees per day, also likely means if you take her off roading and go do something bad or damage it by going off the public roads you’re fully responsible for any damage since it’s not intended to go there per their contract *double check the fine print*)

Transport: Pick up and drop off at Frankfurt € 800,-
(Transport fee)

Daily Rental Fee € 1.400,-
(Your daily cost of renting the vehicle)

The total amount of € 5.414,- is including VAT, GPS, 900 km, Pick-up and Drop off in Frankfurt, the reduced deductible and the rental fee for 3 days.
(Your total cost for the options)

The deductible is if something happens. It didn’t specify it as a deposit. However, you will want to check with them and see what they WILL charge as a deposit, because if there is one to be paid, it’ll be charged to your card before you get the keys. If it’s a nice 911 Turbo (such as a 996 or 997) it’ll be far from cheap, so likely you’ll have a hefty deposit so you don’t come back with a mangled 911.

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