Hello aloha and welcome back to car rental university i am your host alex withrow today we're going to talk about private agreements and is this really a great business model is it worth it what are the problems ins and outs of it i get this question a lot in the comments with regards to why did i stop doing private agreements great question so before i get into that click below grab the five things you must do before starting a car rental business lots of great information in there for when you are starting out a car rental business so that said let's get into this so you know when i was up in new york city i was running a my car rental business through mostly private agreements now i get this question all the time in my private consulting um calls so a lot of times people are saying hey i got this guy he seems reliable he wants to rent my car for 400 a week or so and he'll pay it and then you know i'll put him on my insurance and then everything will be hunky-dory in theory it sounds really good but i'm gonna tell you like what actually is gonna happen so you know and like when i was in new york i had about four or five cars that were running on this type of agreement um i was charging typically 400 to 500 per week based on the car you know my honda s were more in the 400 range my highlander and nissan maximum were more towards the 500 range because they were brand new cars so they were very nice so that said the problem with this situation is that many times people just don't drive...
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What you should know about Car Rental Agreement
- The Car Rental Agreement form includes sections for customer details, rental car information, insurance details, and payment terms.
- Customers must fill the fuel tank to the indicated level before returning the rental vehicle.
- Additional driver fees and key replacement charges may apply as per the agreement.
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About Personal Vehicle Rental Agreement
A Personal Vehicle Rental Agreement is a legal document that outlines the terms and conditions involved in renting a personal vehicle to another individual. This agreement includes details such as the renter's responsibilities, rental period, payment terms, vehicle condition, and any additional charges or fees. Individuals who own personal vehicles and are looking to rent them out to others for personal or business use need a Personal Vehicle Rental Agreement. This agreement ensures that both the owner and the renter are aware of their obligations and rights, reducing the risk of miscommunication, disputes, and potential legal repercussions. Additionally, this agreement offers protection to the vehicle owner by outlining the renter's liabilities in the event of accidents, damages, or fines incurred during the rental period.
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