Rent out your car: what are the terms and benefits?
Rent out your car: what are the terms and benefits?
Hi! I'm thinking of renting out my car. I've heard that you can earn good money. Maybe someone has already rented out a car and can share their experience? I'll be glad to hear any advice. By the way, what documents are usually needed and what is best to take into account to protect yourself? I wonder if it is possible to rent out a car through some platform that organizes all this.
Re: Rent out your car: what are the terms and benefits?
Yes, renting out cars can be a good source of extra income if you approach it the right way. I recently heard about the https://carentify.com platform. It's a new service that helps you safely rent out vehicles. They have a large catalogue, more than 50 types of vehicles. The Carentify system takes care of the legal side: contracts, insurance - they help organise it all. Plus, you can choose who you want to rent your car to. The conditions depend on the type of car and demand, but you can expect a good percentage of the rental price.