"They didn't do this to make money on the fees," he said. "They did it to hold speeding down to prevent accidents and, of course, speeding was killing the lives of the cars. These subcompacts are not meant to be driven over 65 mph."
So, in other words; they stole money enforcing an arbitrary rule they did not put in the contract; as punishment for an act they went out of thier way to hide. Sorry, this sounds more like fraud than anything else. Why $150, why not $1,500, $15,000 or $150,000?
If the notice was made to the customer prior to the rental, and if the customer were informed and fined afterwards; I'd have no problem with this. This is not, nor will likely ever by the customer's car. The company has a right to protect their property, but not by means of deceit.
I agree. And if this is really cost saving then it will be reflected in the rental rates. If they can't use this and be cheaper then I smell a rat.