Published on : 08 April 20215 min reading time
What are the objectives of car rental between individuals?
Over the last 5 years, car rental between private individuals has seen a peak in statistics. It is a way to support each other. This is because it allows to get the best rental price compared to the classical rental from professionals. The owner of the car to be rented is the one who sets the minimum rental period and determines the rules for the procedure. The car is available to the renter on the days he/she needs it. Car rental between private individuals is also a way to accumulate profit and to generate business and entrepreneurship.
In their daily lives, most French people rent their car from a private individual. The aim of the owner of the vehicle to be rented is to fill the financial gaps caused by the expenses that the car presents. These devices require maintenance and insurance, and these reasons push the lessor to rent his property. In addition, traffic congestion causes many people to carpool or use bicycles and motorbikes.
How does car rental work from person to person?
Nothing is included in the car rental procedure, as only the owner and the renter manage the rental between them. There are specialised websites that offer this kind of service. They have several advertisements which indicate that a private individual wants to rent his property to another private person. Accepted cars are those that are in perfect condition, in good standing, mentioned as a passenger car on their registration document and those with less than 14 HP. If you want to rent your car, you just have to print the rental contract that is made available by the site. With this, you have to commit to the terms in the contract. Before signing, please check all the terms and conditions such as maintenance, theft, accident cases, etc.
This is the same as the rental contract. There is always a deposit which is calculated according to the days rented by the tenant and the pro rata. In general, this can cover fire and theft damage as well as third party liability. If you are the hirer of the car, you should check all aspects of the vehicle you wish to hire such as the seats, bodywork, tyres, under the bonnet, etc., before signing. This will help you avoid unpleasant surprises. To be on the safe side, it is advisable to take pictures of the vehicle from all angles. You should know that today, car rental is one of the services that are more and more reliable. You can benefit from accident and breakdown assistance from the first kilometre.
The advantages of car rental between individuals
Car rental between private individuals is a solution that has a few advantages. You should know that some people’s cars are parked 90% of the time. However, the owner still pays a credit, insurance, etc. This allows the car to take on a life of its own. This allows the vehicle to perform its function of being on the road. The lessor can also benefit from a certain profitability. The lessor, on the other hand, can supplement his income in a substantial way, as he can expect a considerable income every month. The daily rental amount will be enough to pay off his annual car insurance. A few bookings are enough for him to establish a substantial saving.
As far as the renter is concerned, the price plan of this agreement allows him to limit his additional costs and to save time. This is because he will no longer need to go to the city centre to rent a car. It is possible that a private rental company can be found down the street from his home. He may also have the advantage of choosing and driving a top-of-the-range car (Fiat 500, Scenic, Golf, etc.), but not a specific model. Sometimes rental agencies limit the choice of their customers.
The disadvantages of car rental between individuals
The risks are always present when renting a car from one person to another. The renter can lose everything at any moment. This happens when the car is damaged to the point of being unusable. Insurance only covers damage up to the value of the car. In addition, the owner may find himself in a disadvantageous situation if the car is badly damaged during the rental period. He will not have time to find another car if it is unusable, when he may need it to go to work the next day. For the hirer, the disadvantage is that he is renting a car that is already a few years old. This may therefore have quality defects.
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