$65 Car Rental Ólafsvík

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Frequently asked questions

How much is a rental car per day in Ólafsvík?
The daily price of rental cars in Ólafsvík within the past seven days was as low as $65. With your own affordable ride, the attractions in and around this destination are well within your reach.
What happens if I need to cancel my Ólafsvík car reservation?
Canceling a prepaid rental at least six hours before pickup should allow for a complete refund. However, this is not always the case. It's a good idea to check your booking confirmation and cancellation policy. Still stuck for answers? Click through to our Customer Service Portal.
Where can I go on a road trip from Ólafsvík?
There are so many adventures to be had in Ólafsvík, but venture farther afield and you'll find even more magic. Organize a set of wheels and you can explore the greater area at your own speed. Add these fantastic places to your list:

  • Reykjavik is about 75 miles from Ólafsvík. Top-rated tourist spots like Hallgrimskirkja deserve to be high on your must-see list while you're in town.
  • Next stop? It has to be Selfoss, which is around 100 miles away. Kerid Crater is one local hot spot you won't want to miss.
  • Make your way to Skogafoss to discover some local nature. Take a picnic to enjoy or just sit and unwind. From Ólafsvík, it's approximately 160 miles away.

How do I find the best car rental deals in Ólafsvík with Expedia?
Expedia makes it simple to compare rates, offers and providers, and to check customer recommendations. Bundle your Ólafsvík car rental with hotel or flight bookings to save even more.
How old do you have to be to rent a car in Ólafsvík?
Ólafsvík rules state drivers must be at least 20 to be able to rent a car. However, young drivers can expect a surcharge and tighter rental conditions. Most suppliers impose a daily young renter fee in addition to the standard rental rate. This covers the extra risk of accident or damage. While many car classes (like mid-size and compact) are available to young drivers, restrictions usually apply to specialty and premium cars.
What do you need to rent a car in Ólafsvík?
Be prepared to present your driver's license and a credit card in your name when you get to the rental counter. Prior to the pickup date, check with your chosen rental company whether anything else is needed. For example, you may also need to provide proof of insurance.
What side of the road do you drive on in Ólafsvík?
Cars drive on the right and pass on the left in Iceland — the same side as in the States. Navigating around Ólafsvík won't be exactly the same as home, though. You'll want to brush up on the local traffic rules.
What is the cheapest car rental in Ólafsvík?
We looked into prices over the last seven days and found that the most affordable daily rate was $65. The second lowest price to rent a set of wheels in Ólafsvík was $152 a day. These rates were available on Expedia, with a rental starting date within the next year. Prices and availability are subject to change and additional terms apply.
Can I rent a car for a month or longer in Ólafsvík?
Head over to our long-term car rental deals page, enter your trip details and then secure your ideal ride. Whether you're basing yourself in Ólafsvík or venturing beyond, Expedia will help you find a long-term rental at an awesome rate.
Where can I find a Ólafsvík car rental if I am younger than 25?
This depends on the car rental companies operating in Ólafsvík. They often have different policies when it comes to minimum ages. If you've found a place that does cater to drivers under the age of 25, be aware that extra costs may apply. Do some research into any extra charges before picking up your vehicle.
What insurance should I choose for my car rental in Ólafsvík?
After carefuly planning your escape, don't skimp on safety — purchase collision protection while booking your Ólafsvík car rental with Expedia. There are plenty of advantages to this plan, including up to $35,000 in primary coverage for accident damage, theft and vandalism. Plus, with no deductible and 24-hour emergency support, you'll be able to breathe a little easier should you find yourself in a pickle.
Can I drive in Ólafsvík with my current driver's license?
If you don't have a driver's license issued in Iceland, then you may need to apply for an International Driving Permit (IDP) in your place of residence to be able to rent a car. Also consider that if an IDP is required, it won't be valid on its own. You'll be asked to show your driver's license from your home country your passport and other forms of identification as well. Lastly, make sure the credit card you used to book the rental vehicle matches the name on your driver's license and passport. Some added requirements to rent a car internationally are:

  • Age restrictions: You need to be at least 25 in many countries to rent a car. If you're younger, it might still be possible to rent a car but you'll have to pay a Young Driver's Surcharge. Additional restrictions may also apply to the types of vehicles available to rent.
  • Driving limitations: Be sure to read the fine print before driving away. You typically can't cross country borders, drive onto ferries or go off-roading with a rental car.

Car Rental Information

 
Popular car types
SUV, Full Size, Economy
 
Car suppliers available
 
Our best deal of the day
$65
 
Our second best deal of the day
$152
 
Our third best deal of the day
$174
 
From the airport to your hotel
Airport Transportation
 
From popular domestic and international airports
Airport Car Rentals

Finding the cheapest car rentals in Ólafsvík

Using our Search Wizard

If the deals that are available on our page do not suit your needs, then enter Ólafsvík into the search wizard at the top of the page. We will compare all the best deals available for your car rental in Ólafsvík and provide you with a list of the cheapest options, with no added fees.

Renting a car in Ólafsvík

Pay at pickup is available, so you don’t have to worry about spending your money until you arrive at your vehicle in Ólafsvík. We partner with reliable partners that guarantee an enjoyable experience for solo travelers, couples, and families. Package your car with a flight or hotel to unlock even more savings from Expedia.

Expected prices in Ólafsvík

Prices are subject to seasonal change depending on when you decide to arrange your car rental but right now you can book from $65.

Flexibility & Cancellation

Most car suppliers offer penalty-free cancellations, so you don’t have to worry about losing money if your plans change. To cancel your booking log into your account through the Trips portal. Click manage booking and cancel this car. If you needed to alter your booking, then you can create a new one once you have canceled.

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Car classes available from Expedia in 2025

The classes of vehicles available will change depending on your chosen location.