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GMG

Scottsdale's premier exotic car rental experience in the Scottsdale and greater Phoenix, AZ area.

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How much is the security deposit (credit-card hold) on an exotic car rental?

Updated: July 17, 2026

Short answer

A security hold on an exotic rental is a refundable credit-card authorization, not a charge, and the amount varies by car. Grant Motor Group sets it per vehicle and confirms your exact figure at booking. Common industry holds run roughly $1,000 to $3,000 or more, higher for true supercars.

The deposit on an exotic rental is a security hold, a refundable authorization placed on a credit card. It is not a fee and it is not spent. The amount changes from car to car, so there is no single number. Grant Motor Group sets the hold per vehicle and tells you the exact figure when you book. As a rough guide, holds on premium and exotic cars across the industry commonly run from about $1,000 to $3,000 or more, and they climb for the fastest supercars. Those are common industry figures, not GMG's published numbers. Your car's exact hold is confirmed at booking.

What a security hold actually is

A security hold is a pre-authorization, which means the money is blocked on your card but never taken. As the Nomora deposit guide puts it, with a hold "the money is blocked but not actually taken, you can't spend it, but it never leaves your account." That is different from a charge, which pulls the money out and then makes you wait for a refund.

This matters because a hold is faster and cleaner for you. Nothing leaves your account. The funds are simply set aside while you have the car. When you return it in good shape, the hold is released and the reserved amount is free again.

Think of it like the hold a hotel places on your card at check-in. The front desk reserves an amount to cover any extras. If you do not use them, the reserve drops off. An exotic rental works the same way, just with a larger number because the car is worth far more than a hotel room.

The hold is the buffer that protects the car. If something goes wrong, curbed wheels, a scratch, a cracked windshield, the hold gives GMG a way to cover repair costs without chasing you for payment. If nothing goes wrong, you never feel it.

How much the hold typically runs

There is no one-size deposit, because the hold scales with the value of the car you drive. A $106,000 Corvette does not carry the same hold as a Ferrari worth several times that. Grant Motor Group does not publish a single flat deposit figure for this exact reason. Each car has its own hold, and you get that number at booking.

To set expectations, here is what holds tend to look like across the wider rental market. These are common industry figures, not GMG's published numbers.

Vehicle classTypical security hold
Economy or compactabout $150 to $400
Standard or mid-sizeabout $300 to $700
SUV or vanabout $600 to $1,200
Premium and exoticabout $1,000 to $3,000 or more

Those bands come from the Nomora deposit guide, which lists premium and luxury holds at "€1,000 to €3,000+," or roughly $1,100 to $3,300 and up. The key idea is the pattern, not the exact dollar. The more the car is worth, the larger the hold, because the hold has to stand behind a bigger repair bill.

You can see why when you look at what these cars cost to build and buy. The Corvette Z06 starts at $106,395 and a loaded example can top $146,000, per Motor Authority. The bodywork alone on a heavily modified exotic like GMG's Liberty Walk Ferrari 458 runs into the tens of thousands before paint or labor. A hold in the low thousands is small next to numbers like these. It is a deposit against the car, not a reflection of the daily rate.

Renters often expect the hold to follow the daily rate, so they are surprised when a lower-priced day on a higher-value car still carries a larger hold. We give you the exact figure before pickup, which lets you check that your card has the open room ahead of time.

Daily rates give you a rough sense of where a car sits in the range. GMG's fleet runs from the BMW M2 Competition at $399 a day up to the Ferrari 458 Italia Liberty Walk at $1,499 a day, with the Porsche 911 GT3 ($799), McLaren 600LT ($999), and Lamborghini Urus S ($1,199) in between. Higher-value cars sit at the top of both the rate and the hold. These rates can change, so confirm the current pricing and your car's hold for your dates.

Why a credit card is the best way to carry the hold

A credit card in the renter's name is the best way to carry the hold; a debit hold ties up your own cash. Confirm card options when you book.

The reason is how the two card types treat a hold. On a credit card, a hold blocks part of your credit line. No cash moves. On a debit card, the same hold usually lands as a real deduction from your checking balance, and it can take longer to come back. The Nomora guide notes that "debit-card or cash deposits are usually taken as a real charge rather than a hold, so they take longer to refund." With a car in this price class, the hold can be large enough to drain a normal checking account for days, which is exactly what a credit card avoids.

So plan on a credit card with enough available room to cover the hold plus the rental cost, and confirm card options with us when you book. If you are not sure whether your available credit is high enough, ask GMG for your car's hold amount before you arrive so there are no surprises at handoff.

When you get the hold back

The hold is released after a clean return inspection. The car's condition is checked at handoff and again at return. If the car comes back in the same condition, fueled to the level you received it, and driven within the agreement, the hold is lifted and the reserved amount frees up on your card.

How fast the money shows as available depends on your bank, not on GMG. The Nomora guide says holds are "usually released within a few days to two weeks after the car is returned undamaged," and that the timing "depends on the renter's bank." So if the number does not vanish the moment you hand back the keys, that is normal. Your bank controls the final step.

The hold only comes into play if there is a problem. Damage in your care is billed at the actual repair cost plus an administrative fee, and significant damage can add a diminished-value charge. The hold is the first buffer against those costs. Prohibited use, such as racing, off-road driving, or leaving the approved area, can void the insurance and stays your responsibility, which is another reason to keep the car within the agreement.

This is also where your own insurance matters. Arizona's mandatory minimum liability coverage is just $25,000 for one injured person, $50,000 per accident, and $15,000 for property damage, per the Arizona Department of Transportation. Those limits are far too low to stand behind a six-figure exotic. GMG requires you to carry full-coverage insurance in your own name with limits high enough for the car, confirmed at booking. The hold and your policy work together: your insurance is the main layer, and the hold covers deductibles, fees, and smaller items.

How to find out the exact hold on your car

Ask, and GMG will tell you the exact figure for your car and your dates. Because the hold is set per vehicle and can change with the car's value and the rental terms, the honest answer to "how much" is that it depends on which car you want. The M2 Competition and the Ferrari 458 do not carry the same hold, and quoting one number for the whole fleet would be misleading.

Here is the simple plan. Pick your car and your dates. Ask for the security hold amount along with the daily rate. Make sure your credit card has enough available room to cover the hold plus the rental. Show up with that card in your own name, plus your license and proof of insurance. That is the whole checklist.

If you want your exact hold before you commit, get it now. Text or call (623) 400-3031 to get started, or DM @grantmotorgroup on Instagram.

Related questions

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Call or text (623) 400-3031 or send a DM to @grantmotorgroup on Instagram. We deliver anywhere in Scottsdale.

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