Quote Originally Posted by Echonova View Post
I would think you would at the very least need a business license, hellva lot of insurance (and insurance has to be changed to a business account etc, etc, etc). Unlike a work vehicle for a company, you can't exclude a renter from driving your car based on a DMV record assuming of course they have a valid drivers license.

Just doing that for one car is not going to be profitable unless you can keep it booked 24/7, and even then barely. Just the maintenance costs will kill your profit.

Almost exactly what i was going to post.

Car rental is based on volume and volume alone. Assuming you charge $50/day it would take nearly a month of rentals every day to cover a single wreck, assuming a $500 deductible, after you deduct the cost of the added insurance, regular maintenance, and business related expenses. This also assumes you dont have to put new tires or new brakes on the car, it isnt the month you have to renew your business license, and on and on.