Is it possible to rent my own car as a foreigner to get some income since I got laid off from work????. What is the legal background behind renting a personal car in thailand as work permit holder? If it is possible, what type of Insuarance I should purchase before renting it out? 

Any suggestions/own experience will be appreciated.????

I would think that would be seen as "running a business" therefore, if it came to the attention of authorities you could have problems.

 

If you got laid off, your work permit isn't valid anymore. You would be running a business without paperwork.

52 minutes ago, hasitha77 said:

Is it possible to rent my own car out as a foriengner.

In nutshell no. 

No work permit  now, deported soon

The ‘as a foreigner' part makes it difficult... IF the car can be rented out from a Thai (i.e. Thai wife etc), then that is quite possible although there are obvious other pitfalls, such as risk of theft and insurance etc...  but that is a different matter from your question. 

28 minutes ago, Celsius said:

No work permit  now, deported soon

Im married to thai. No deporting 

28 minutes ago, richard_smith237 said:

The ‘as a foreigner' part makes it difficult... IF the car can be rented out from a Thai (i.e. Thai wife etc), then that is quite possible although there are obvious other pitfalls, such as risk of theft and insurance etc...  but that is a different matter from your question. 

I guess this is the best possible solution now. Transfer car to my wife's name and rent it out. 

43 minutes ago, hasitha77 said:

I guess this is the best possible solution now. Transfer car to my wife's name and rent it out. 

I'm not even sure the car needs to be in your Wife’s name... She can just rent it out as ‘her business’...

 

Obviously the insurance needs to be water-tight and use GPS trackers etc.

1 hour ago, hasitha77 said:

Im married to thai. No deporting 

Makes no difference

4 hours ago, Celsius said:

Makes no difference

Obviously it does. O and Non B are 2 different types. Actually I dont need to talk about this here. Out of topic. 

can you put the cost of the rental car onto the room price - and then just loan out the car for "free".... too many bike accidents where i am . small ev for my villa guests would be a great step forward - in terms of safety . Is Thailand ready for increased levels of safety? or are high prices , rip offs and unsafe vehicles the order of the day.?