NEW YORK (November 20, 2012)--Thanksgiving travelers who have yet to rent a car in the Northeast are out of luck because Superstorm Sandy created a shortage.
The storm damaged thousands of cars including those owned by rental companies.
The loss of vehicles is compounded by rising demand.
Thanksgiving and Christmas are normally busy rental periods and lingering mass transit problems caused by Sandy have added to demand.
Existing reservations are mostly being honored, but people who still want to book for Thanksgiving are finding almost no cars left.
The few cars available carry a hefty premium.