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Anyone privately hired a car?

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Chalky.
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Joined: 30 Jun 2010
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PostPosted: 15:49 - 21 Nov 2017    Post subject: Anyone privately hired a car? Reply with quote

I'm wanting to sell a couple of my cars but not realistically going to get decent money from them until the Spring. At the moment they're sat here doing nothing so I'm wondering about hiring them out.

I can't find an insurance company that is will to do this however... has anyone been on either end of a hire deal that can point me towards an insurer?

Cheers
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Ste
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PostPosted: 16:07 - 21 Nov 2017    Post subject: Reply with quote

Laughing

Good luck on that one.
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Chalky.
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PostPosted: 16:10 - 21 Nov 2017    Post subject: Reply with quote

There's plenty of companies out there that do it, so it can't be impossible...
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Ste
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PostPosted: 16:14 - 21 Nov 2017    Post subject: Reply with quote

Companies doing it is a bit different to joe public doing it.
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Chalky.
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PostPosted: 16:18 - 21 Nov 2017    Post subject: Reply with quote

Ste wrote:
Companies doing it is a bit different to joe public doing it.


Why?

The principle is exactly the same.

Would it make a difference if I put it through one of my companies?
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Ste
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PostPosted: 16:28 - 21 Nov 2017    Post subject: Reply with quote

It is apart from you're one person with a couple of cars rather than a large car hire company with hundreds or thousands of cars. Wink

https://www.ukbusinessforums.co.uk/threads/car-rental-insurance.246508/

https://lmgtfy.com/?q=insurance+to+rent+out+my+car
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Minty
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PostPosted: 16:58 - 21 Nov 2017    Post subject: Reply with quote

https://carclub.easycar.com/home/carowners
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Rogerborg
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PostPosted: 19:15 - 21 Nov 2017    Post subject: Reply with quote

Minty wrote:
https://carclub.easycar.com/home/carowners

Apparently I can make £12,000 a year by renting out my 7 year old Zafira. Who knew?
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iooi
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PostPosted: 19:46 - 21 Nov 2017    Post subject: Reply with quote

Matthew 's Aston Martin Vantage V8
1.88 miles away

£312.50 a day..... Laughing

Syed's Honda Jazz
0.48 miles away. Delivery on request
£26.00

Interesting to note how many of the reviews are by the same people... Just saying Shocked
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Feasty
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PostPosted: 09:43 - 22 Nov 2017    Post subject: Reply with quote

This is hilarious, I've never come across a way of hiring your car out like this before.
I did a search for luxury cars near me and among others got the same car under 3 different user names and 3 different prices - a Merc E class that looks like it may be suffering from rust issues and a door panel that doesn't seem to quite fit right. Laughing
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dydey90
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PostPosted: 12:40 - 22 Nov 2017    Post subject: Reply with quote

iooi wrote:
Matthew 's Aston Martin Vantage V8
1.88 miles away

£312.50 a day..... Laughing

Syed's Honda Jazz
0.48 miles away. Delivery on request
£26.00

Interesting to note how many of the reviews are by the same people... Just saying Shocked


Wow, you must exactly the same IP location as me because through an amazing coincidence, I can see exactly the same cars at the same distance!
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Polarbear
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PostPosted: 15:37 - 22 Nov 2017    Post subject: Reply with quote

That is absolutely bizarre. Shocked

You try your hardest to stop people taking your car, yet here you just hand the keys over.

I can't be arsed to read through the site so who pays for the Admiral insurance?
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stephen_o
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PostPosted: 17:25 - 22 Nov 2017    Post subject: Reply with quote

Many years ago I rented my car at the time (a Fiat Uno 45!) to a local garage repair business which had a hire car sideline and he creamed the rental money in off the insurers and paid me a kick.
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stevo as b4
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PostPosted: 19:33 - 22 Nov 2017    Post subject: Reply with quote

I hire 5-6 cars a year from large UK hire chains. Its a massive pain in the arse for the the person hiring the vehicle and the stuff like responsibilities for excess claims, glass, wheel, trim, tyre damage etc as well as the usual stuff.

For the company renting the cars it's even more of a pain in the arse, and not only are there all the usual problems with damage, accidents, windscreens, breakdowns, theft and people not bringing it back on time, or losing the keys, filling up with the wrong fuel, running out of fuel etc. But you'll also have to deal with the public which is the biggest negative and downside of all.

No idea why anyone would voluntarily do the above unless it was life or death tbh.

Are the cars valuable or old? And how are they sitting values wise, ie are they depreciating or appreciating? If your not loosing ££££'s a year, I'd just store them and sell them when your ready. If they are appreciating or have bottomed out values wise. Store them under cover properly and wait for them to get rare or desirable. Better than cash in the bank by a million miles these days!
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janner_10
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PostPosted: 20:37 - 22 Nov 2017    Post subject: Reply with quote

stevo as b4 wrote:
I hire 5-6 cars a year from large UK hire chains. Its a massive pain in the arse for the the person hiring the vehicle and the stuff like responsibilities for excess claims, glass, wheel, trim, tyre damage etc as well as the usual stuff.



Don't know if its business or pleasure, but we got AMEX cards for this purpose, one of the benefits is if you pay for car hire with it, is that AMEX cover you for the liability on the hire car.

Work got the cards just for this purpose alone. Certainly saves the £30 or whatever a day the fully comp charge is.
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Rogerborg
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PostPosted: 20:52 - 22 Nov 2017    Post subject: Reply with quote

Idea Sign up to Uber, go off sick for 6 months. Idea
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iooi
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PostPosted: 21:04 - 22 Nov 2017    Post subject: Reply with quote

dydey90 wrote:


Wow, you must exactly the same IP location as me because through an amazing coincidence, I can see exactly the same cars at the same distance!


I just bunged in Leeds Smile
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