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Rent my private car


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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.

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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

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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.

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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.

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