Unimok Posted December 1, 2014 Share Posted December 1, 2014 Hallo, I hardly use my private car and would like to rent it. Can i do it or do i need to open a business? What kind of contract should i make. Anybody has a blank? Thank you Link to comment Share on other sites More sharing options...
TobiasML Posted December 1, 2014 Share Posted December 1, 2014 You might not need a business to rent out cars but you would for sure need a different insurance then the normal one for private cars. It would be worthwhile to check your insurance documents and discuss this with your insurance, as otherwise you might end up with nobody paying if an accident should happen. Link to comment Share on other sites More sharing options...
FritsSikkink Posted December 1, 2014 Share Posted December 1, 2014 You would be working without a work permit. Link to comment Share on other sites More sharing options...
Naam Posted December 2, 2014 Share Posted December 2, 2014 You would be working without a work permit. 2 Link to comment Share on other sites More sharing options...
Langsuan Man Posted December 2, 2014 Share Posted December 2, 2014 Insurance is going to be your biggest deal breaker We all know that the car is what is being insured in Thailand but we also know that insurance companies throughout the world have an army of employees who have nothing to do but insure that your claim is denied. Renting out your car will definitely void your insurance coverage. See an agent, but I am sure you will find out that the increase cost will negate any money you think you can make Link to comment Share on other sites More sharing options...
dean008 Posted December 2, 2014 Share Posted December 2, 2014 Hello. I would like to do the same, and would be interested to hear how you get on. I would also be interested to learn a little more about what breakdown cover is available. Link to comment Share on other sites More sharing options...
Paul944 Posted December 2, 2014 Share Posted December 2, 2014 Why not sell the car and rent one if you need one? At Hertz I pay about 1200 a day for an almost new car that is properly insured. So how much do you think to earn per day? Link to comment Share on other sites More sharing options...
Unimok Posted December 2, 2014 Author Share Posted December 2, 2014 700 day 4200 week 15000 month 2010 Mitsubishi lancer automatic, leather, NGV gas, 100.000km Link to comment Share on other sites More sharing options...
Satcommlee Posted December 2, 2014 Share Posted December 2, 2014 You risk losing your car if someone smashes it up and you don't have rental insurance.. Although that said, most of the car rental places don't have rental insurance either and run on the basis that "a friend has borrowed the car". Link to comment Share on other sites More sharing options...
Tomtomtom69 Posted December 3, 2014 Share Posted December 3, 2014 You risk losing your car if someone smashes it up and you don't have rental insurance.. Although that said, most of the car rental places don't have rental insurance either and run on the basis that "a friend has borrowed the car". The international chains surely have proper insurance. Think AVIS, Budget, Sixt, Hertz, even Thai rent-a-car, which although it is local operates like the international ones do. I've rented from all of these in Thailand (except Hertz and Sixt) and they were very professional and their businesses operate much like they do back home, with one exception: they place a large hold on your credit card (20,000-40,000 Baht) per rental in ADDITION to the rental costs being charged at the time of the rental, depending on the group of car you are renting. Back home a hold of only about US$/A$/EUR etc. 100 above the estimated rental charges would be made - final payment is made at the end of the rental period. Link to comment Share on other sites More sharing options...
stament Posted December 5, 2014 Share Posted December 5, 2014 700 day 4200 week 15000 month 2010 Mitsubishi lancer automatic, leather, NGV gas, 100.000km Lot of mileage for the price an old model to compared to what Hertz offer Link to comment Share on other sites More sharing options...
Satcommlee Posted December 5, 2014 Share Posted December 5, 2014 You risk losing your car if someone smashes it up and you don't have rental insurance.. Although that said, most of the car rental places don't have rental insurance either and run on the basis that "a friend has borrowed the car". The international chains surely have proper insurance. Think AVIS, Budget, Sixt, Hertz, even Thai rent-a-car, which although it is local operates like the international ones do. I've rented from all of these in Thailand (except Hertz and Sixt) and they were very professional and their businesses operate much like they do back home, with one exception: they place a large hold on your credit card (20,000-40,000 Baht) per rental in ADDITION to the rental costs being charged at the time of the rental, depending on the group of car you are renting. Back home a hold of only about US$/A$/EUR etc. 100 above the estimated rental charges would be made - final payment is made at the end of the rental period. Of course the proper national/international rental firms have full insurance.. But the smaller local firms especialy in tourist areas just have regular insurance, they will even phone round thier friends to find a car for you. But the OP that is interested in renting his car out may be able to do a long term deal with someone (maybe expat) and as long as he sticks to the friend story (and not renting it) then everything would be fine. Link to comment Share on other sites More sharing options...
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