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Hints for starting-up a rent a car business

RBT editia nr. 13/Noiembrie 2007 Articol adaugata la, 05 Noiembrie 2007 ( RBT )
Afisari: 229

Lately, there is a constant growth (of even 30% in 2007) of capital on the market for the companies with a rent-a-car profile, as some entrepreneurs said. And that is mainly due to the European adherence effects, and not to the living increase level.

Easy as it may seem, to start such a business there is a great need for money. ”Two cars means nothing for a rent a car business“, said Stelian Balan, S&T Car Company administrator, in Bucharest. ”If one wants to have a serious company“, he has to owe a fleet of more than 25 cars, as Balan pointed. Also, the business’ development depends on the region in which is being settled and on the promotion politics and efforts.

With a view to the customer’s profile, most of them are men (70%), wealthy youngsters or Romanian workers with some experience in working abroad.

But lots of risks come with the package, too: ”Last year I had four cars stolen“, said Nicolae Chereches, general manager at the Rodna Trans Company, in Cluj-Napoca. As the risks are so great, some guarantees are being asked on the rent. Most of the companies ask for a certain tax, which is of about 350 Euros.

Generally speaking, the damages are being covered by the vehicles’ insurance. On the other side, lest the driver should take advantage of the car’s capacities and take great care with the car, in case of an accident, he would also pay part of the damages, on a previous contract basis.

The cars for rent are available only to driving license owners for at least 1 year, aged more than 21. For the rent, one needs his driving license, and his passport or ID.

The renting tax does not regularly include the fuel, passing, garage or transhipment taxes during the renting period, nor the insurance for the passengers or the luggage in the car.



Articole RBT - English review - Nr. 13/Noiembrie 2007
 
•  IATA: Romania maintains its position in the top 10 growing air traffic markets
•  Four finalists for the MAV Cargo’s privatisation
•  Not enough money for roads
•  Illicit employment brought ports to a standstill for a day
•  Caught red-handed with driving and rest periods
•  The brand - key to success for the Romanian transporters on the EU market
•  A neglected money source: recovering the VAT in the EU states
•  Hints for starting-up a rent a car business
•  One’s writing speaks of him
•  ICA Romania, the combined transport pace maker
•  Improved safety for the Kögel semi-trailers
•  The EC wants freight improvement
•  RCA compensations with fewer headaches
•  The forwarders met in the logistics metropolis in Dubai
•  Constantza’s success depends on the promotion
•  SIAB-at its highest rate, with good and bad
•  A pleading for dialogue














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