Investor

Your personal car can become a great option for extra income, or even a profitable business. To do this, you need to rent out your vehicle to companies that provide car rental services. TopRent is among them.

Today, one of the most promising and economically beneficial types of investment in the automotive field is renting out your car. However, few people understand how to rent out a car properly. Let’s take a closer look at all the details.

Rent out your car and earn money!

Many enterprising people consider the idea of additional income. If you rarely use your car, it makes sense to rent it out. This method of earning is becoming increasingly popular, as evidenced by positive reviews on online forums.

It is more profitable to rent your car to verified companies. The agreement process is as follows:

• You meet with an official representative at the office.
• Your car undergoes inspection by the company’s specialists.
• After receiving positive results from the technical inspection and document verification, you sign the contract. We recommend carefully reviewing all clauses of this document.
• You hand over your car for rent and receive regular payments.

Only the insurance company with which you signed a contract provides you with compensation in case of vehicle damage. The agreement specifies risks (or insured events):

• road accident;
• theft;
• natural disaster;
• damage caused by third parties.

Your car can earn for you

Some vehicle owners prefer to rent out their cars on their own. The advantages of such income are clear, but forum reviews also include warnings. The following unpleasant situations often occur:

• vehicle damage and refusal of the renter to pay for repairs;
• errors when drafting the contract;
• difficulties in determining the renter’s solvency;
• fines received in the owner’s name after the car rental period.

Renting your car to a company is a simpler and more reliable option:

• Customers prefer trusted fleets with a good reputation, so demand for your vehicle will exist.
• Fixed profit percentage.
• Convenient payment system.
• Lower risks compared to bank deposits or securities investments.

You can easily calculate your profit. On our company’s website, you’ll find current prices in USD depending on the vehicle’s class. An economy-class car can bring you $300–600 per month, while renting out an SUV can generate up to $4500. It’s an excellent and safe business!

Requirements for cooperation with TopRent

Renting your car to our company is profitable and safe:

• Income from car rental is distributed 70% to 30%. The owner receives the larger portion.
• According to the contract, you can always monitor your car’s utilization. Our reporting is fully transparent.
• We make monthly payments on agreed dates.
• Our specialists assist with insurance processing and vehicle maintenance.

We will give you a positive answer to the question of whether you can rent out your car, provided that the following conditions are met:

• the vehicle has no legal claims against it;
• the owner provides the full set of documents for contract signing;
• technical condition is satisfactory;
• the interior and body are clean and neat;
• the vehicle’s age does not exceed 3–4 years.

For more details, contact our managers. We are always open to cooperation! The funds you’ve invested in purchasing your vehicle should work not only to recover its cost but also to increase your income.