Rental contract for car

[Sergey Black]

Hi to all,

my thai wife, want to give car for rent

already have customer, who want it

but i cant find good agreement (paper), where show about insurance,

i think must have something like this:

"The Lessee shall be fully liable and shall reimburse all damages and cover the costs if the insurance does not do"

or im wrong ?

maybe some one can share good agreement/contract

with best regards

[Don Mega]

What does your insurance policy say in regards to renting out the vehicle ?

[gerry123]

unfortunately you will sooner or later find that such agreements legal or otherwise mean very little

when the shit hits the fan as it surely will one way or another maybe other posters can elaborate of actual possible mishaps

one complete answer take a deposit equal to the value of the vehicle i hear you say not realistic but the only way to make sure you minimise your inevitable losses

[Dellie]

Is this a very cheap rental or what?

Why would someone rent your wife's car with such a stupid clause in the contract when there are plenty of real rental companies with real renters insurance renting out monthly at a reasonable price. Bottom line is if you wanna rent out your personal car, you take a great financial risk and unless you charge like half of what a rental company does only a moron would rent from you. Simple as that..

[kannot]

Is this a very cheap rental or what?

Why would someone rent your wife's car with such a stupid clause in the contract when there are plenty of real rental companies with real renters insurance renting out monthly at a reasonable price. Bottom line is if you wanna rent out your personal car, you take a great financial risk and unless you charge like half of what a rental company does only a moron would rent from you. Simple as that..

because people ARE stupid

[Sergey Black]

What does your insurance policy say in regards to renting out the vehicle ?

we have 1 class insurance exactly for rent and paper about car for rent too (technical inspection or something like this)

but anyway we worry about no insurance cases and wish to shirk responsibility, specify in the contract that it is man who is responsible

[Sergey Black]

Is this a very cheap rental or what?

Why would someone rent your wife's car with such a stupid clause in the contract when there are plenty of real rental companies with real renters insurance renting out monthly at a reasonable price. Bottom line is if you wanna rent out your personal car, you take a great financial risk and unless you charge like half of what a rental company does only a moron would rent from you. Simple as that..

its like long rent for 4m+ , for example if you take car on website price will be around 24k bath per m, we give for 14k , so more cheap yes

[IMHO]

Go rent a car for a day from one of the big vendors, and um, get some ideas

[Sergey Black]

Go rent a car for a day from one of the big vendors, and um, get some ideas

sorry ?

[Don Mega]

Go rent a car for a day from one of the big vendors, and um, get some ideas

sorry ?

Rent one and you will have a copy of the contract they use..

hint hint.

[sirineou]

What does your insurance policy say in regards to renting out the vehicle ?

we have 1 class insurance exactly for rent and paper about car for rent too (technical inspection or something like this)

but anyway we worry about no insurance cases and wish to shirk responsibility, specify in the contract that it is man who is responsible

There is always risk even with insurance.

Large rental companies mitigate that risk by spreading it among thousands of rentals a luxury you do not have.

[Sergey Black]

Go rent a car for a day from one of the big vendors, and um, get some ideas

sorry ?

Rent one and you will have a copy of the contract they use..

hint hint.

think about this already yes today they all holidays )

maybe can some one check , i find one doc, i think it ok, can some one with native english look on 8.2 point and correct this if its worng

Car Rental Agreement

1. THE PARTIES TO THIS AGREEMENT ARE:

1.1 THE OWNER:

#10 Marlin Drive

Nassau Bahamas

1.2 THE RENTER:

First Name(s):

Surname:

Identity / Social Security or Other (Specify) number:

Physical Address:

The parties choose the above stated addresses as their physical addresses at which legal proceedings may be instituted.

2. THE OBJECT OF THE RENTAL IS:

2.1 Type of Vehicle:

2.2 Make and Color:

2.3 Model:

2.4 Year:

2.5 Registration Number:

3. CONDITION OF VEHICLE:

3.1 The Owner states that to the best of his knowledge and belief that above-described vehicle is in sound and safe condition and free of any known defects or faults which would affect its safe operation under normal use.

4. QUALIFICATIONS:

4.1 The Renter states that he / she is physically and legally qualified to operate the above-described vehicle.

5. RENTAL PERIOD:

The Owner agrees to rent the above-described vehicle to the Renter for the following period:

5.1 Starting Date: _______________________________

Time: ____________________(a.m. / p.m.)

5.2 Ending Date: _______________________________

Time: ____________________(a.m. / p.m.)

6. RENTAL RATE:

6.1 The Renter hereby agrees to pay the owner at the rate of ____________ per day.

6.2 All fuel used shall be paid for by the Renter.

7. EXCLUSIONS:

7.1 The rented vehicle shall not be used to carry passengers or property for hire.

7.2 The rented vehicle shall not be used to carry passengers other than in the interior or cab of the vehicle.

7.3 The rented vehicle shall not be used to push, propel or tow another vehicle, trailer or any other thing without the written permission of the Owner.

7.4 The rented vehicle shall not be used for any race or in any competition.

7.5 The rented vehicle shall not be used for any illegal purpose.

7.6 The Renter shall not operate the vehicle in a negligent manner.

7.7 The rented vehicle shall not be operated by any other person other than the Renter stipulated in 1.2 above without the written permission of the Owner. If Renter allows any other driver under the age of 25 years old to drive the rented vehicle, the Renter will be fully responsible for all expenses relating to the rental car and any other Vehicle involve in any type of accident.

8. INSURANCE:

8.1 The Renter hereby agrees that he / she shall be held fully responsible for the first 5000 bath deductable in case of accident. The Renter also agrees that only the vehicle is covered under insurance and the driver or passengers are not covered. The Renter also agrees that personal belongings and other items left in the vehicle at any time are not covered.

8.2 If the insurance company accepts the case is not insured, the renter agrees to cover all the damage at his own expense.

9. DEPOSIT:

9.1 The Renter further agrees to make a deposit of 14 000 bath with the Owner, said deposit to be used, in the event of loss of or damage to the vehicle or equipment during the term of this Car Rental Agreement, to defray fully or partially the cost of necessary repairs or replacement.

9.2 In the absence of damage or loss, said deposit shall be credited toward payment of the Rental Rate and any excess shall be returned to the Renter.

10. RETURN OF VEHICLE:

10.1 The Renter hereby agrees to return the above-described vehicle to the pick up location later than ________________________________

11. JURISDICTION:

11.1 The parties consent that this is a legal binding document in the commonwealth of the Bahamas.

Signed at ______________________on this ______day of _________________20____

OWNER: _____________________________

RENTER:_____________________________

[IMHO]

That contract is from the Bahamas. Contracts always need to be written in accordance with the laws of the country they are executed in.

[Aussieroaming]

Is this a very cheap rental or what?

Why would someone rent your wife's car with such a stupid clause in the contract when there are plenty of real rental companies with real renters insurance renting out monthly at a reasonable price. Bottom line is if you wanna rent out your personal car, you take a great financial risk and unless you charge like half of what a rental company does only a moron would rent from you. Simple as that..

because people ARE stupid

And some are far more stupid than others.

[Langsuan Man]

Another expat with another sure fire idea of how to get rich in Thailand

In a lawless country you really expect any kind of protection from a contract you write up yourself

A Thai has a hard enough time enforcing any contracts in this country and you think that your superior knowledge of the laws of Thailand are going to give you some kind of advantage

Just wait till the renter kills a kid on a motorcycle and see what good your contract is

[Don Mega]

Another expat with another sure fire idea of how to get rich in Thailand

In a lawless country you really expect any kind of protection from a contract you write up yourself

A Thai has a hard enough time enforcing any contracts in this country and you think that your superior knowledge of the laws of Thailand are going to give you some kind of advantage

Just wait till the renter kills a kid on a motorcycle and see what good your contract is

I don't think the Thai wife who wants to rent out the car is an expat. Do you ?

[Langsuan Man]

Another expat with another sure fire idea of how to get rich in Thailand

In a lawless country you really expect any kind of protection from a contract you write up yourself

A Thai has a hard enough time enforcing any contracts in this country and you think that your superior knowledge of the laws of Thailand are going to give you some kind of advantage

Just wait till the renter kills a kid on a motorcycle and see what good your contract is

I don't think the Thai wife who wants to rent out the car is an expat. Do you ?

And who do you think has the deepest pockets, marriage incurs liabilities, like 50% , the same as community property

[Don Mega]

Another expat with another sure fire idea of how to get rich in Thailand

In a lawless country you really expect any kind of protection from a contract you write up yourself

A Thai has a hard enough time enforcing any contracts in this country and you think that your superior knowledge of the laws of Thailand are going to give you some kind of advantage

Just wait till the renter kills a kid on a motorcycle and see what good your contract is

I don't think the Thai wife who wants to rent out the car is an expat. Do you ?

And who do you think has the deepest pockets, marriage incurs liabilities, like 50% , the same as community property

And your point is ?

[bino]

Go rent a car for a day from one of the big vendors, and um, get some ideas

sorry ?

Rent one and you will have a copy of the contract they use..

hint hint.

Better to go to one of the smaller Thai "backyard" companies instead of the bigger / multinationals. They have this figured out already.

We rented a Suzuki jeep in Phuket once that had the exact phrasing you want:

"Renter is entirely responsible for any accident or damaqe to the vehicle regardless of fault or insurance."

The contract went even further to say that we had to continue paying the daily rental fee for the time that the car was out of service and being repaired.

Scared the hell out of me, and now I only rent from a Multinational company that offers zero deductible damage waiver.

[Langsuan Man]

Another expat with another sure fire idea of how to get rich in Thailand

In a lawless country you really expect any kind of protection from a contract you write up yourself

A Thai has a hard enough time enforcing any contracts in this country and you think that your superior knowledge of the laws of Thailand are going to give you some kind of advantage

Just wait till the renter kills a kid on a motorcycle and see what good your contract is

I don't think the Thai wife who wants to rent out the car is an expat. Do you ?

And who do you think has the deepest pockets, marriage incurs liabilities, like 50% , the same as community property

And your point is ?

The point which you don't seem to be able to grasp, is that the car may be in your Thai wife's name but you share the liability, whether or not you share in the profits