Reykjavik Car Rental
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Payments - Reservations and Cancellations

At the time of booking the renter is required to enter a valid credit card number for reservation and validation purposes.

The cancellation policy for bookings made directly with M92 CAR rental through the company's website or customer service:

If you need to cancel your reservation, please do so at least 48 hours before the scheduled pickup time to receive a full refund. If you cancel less than 48 hours before the pickup time, we will keep 15% of the total amount as a cancellation fee. If you do not show up for your reservation, your payment is non-refundable.

A credit card imprint will be taken at the start of all rentals for security reasons, even when a voucher covers the cost of the rental. This credit card imprint may be used to pay all extra charges, extra insurance, parking tickets, damages, missing fuel, or any cost due to the use of the rented vehicle.

The Renter’s signature to this rental agreement equals the Renter's signature to credit-card withdrawals in case of any payments that M92 CAR rental charges against the Renter’s credit card and which M92 CAR rental should rightfully receive on grounds of the provisions of this rental agreement.

No refunds are given for early returns, unused rental days, or partly used car hire.

Unless the amendments or cancellations are made before pick-up with at least 48 hour notice.

Car Rental in Reykjavik, Iceland

Reykjavik Car Rental makes it easy to rent a car in Iceland. Based in Reykjavik with a convenient pick-up location in Hafnarfjordur, we offer a wide selection of vehicles — from compact city cars for quick trips around the capital to rugged 4x4 SUVs built for the highlands and gravel roads of Iceland's interior. Whether you're driving the Golden Circle, exploring the South Coast, or circling the entire island on Route 1, we have the right car for your adventure.

Why Rent a Car in Iceland?

Iceland is a country best explored at your own pace. Public transport outside Reykjavik is limited, and many of the island's most spectacular sights — glacier lagoons, volcanic craters, hidden hot springs, and black sand beaches — are only accessible by car. A rental car gives you the freedom to stop wherever you want, change plans on a whim, and reach destinations that tour buses simply cannot.

Affordable and Transparent Pricing

We believe in honest, upfront pricing with no hidden fees. Every rental includes basic insurance coverage, unlimited mileage options, and 24/7 roadside assistance. Our daily rates are competitive across all vehicle categories, and long-term rentals receive automatic discounts. You can compare prices instantly on our website and book in under two minutes.

Vehicles for Every Journey

Our fleet includes economy cars ideal for solo travellers and couples, mid-size sedans for families, and 4WD SUVs for those heading into Iceland's rugged interior. Every vehicle in our fleet is regularly serviced, thoroughly cleaned between rentals, and equipped with winter tyres during the colder months. Need extras like a GPS, child seat, or additional driver? We have you covered.

Flexible Pick-Up and Drop-Off

Collect your rental car from our Hafnarfjordur location, just a short drive from Reykjavik city centre and Keflavik International Airport. We offer flexible pick-up and drop-off times to fit your flight schedule, and one-way rentals are available on request. Our team is always on hand to help with route planning, road condition updates, and local driving tips.

Driving in Iceland

Iceland's roads range from well-maintained highways to unpaved mountain tracks. The Ring Road (Route 1) circles the entire island and is suitable for all vehicle types year-round. F-roads in the highlands require a 4x4 and are only open during summer. Speed limits are generally 50 km/h in towns, 80 km/h on gravel roads, and 90 km/h on paved rural roads. Fuel stations are found in every town, though they can be far apart in remote areas — always plan ahead.

Popular Routes and Destinations

  • The Golden Circle — Thingvellir National Park, Geysir geothermal area, and Gullfoss waterfall. A 230 km loop easily done in a day.
  • South Coast — Seljalandsfoss and Skogafoss waterfalls, Reynisfjara black sand beach, and Jokulsarlon glacier lagoon.
  • Snaefellsnes Peninsula — Glaciers, lava fields, fishing villages, and the iconic Kirkjufell mountain.
  • Ring Road — The full 1,322 km circuit around Iceland. Most travellers allow 7 to 10 days.
  • Westfjords — Remote fjords, Europe's largest bird cliff at Latrabjarg, and the Dynjandi waterfall.

Book Your Rental Car Today

Ready to explore Iceland? Select your pick-up dates and browse our available vehicles. Booking online is fast, secure, and gives you instant confirmation. Our team is available by phone at +354 7902002 or email at [email protected].