People who own few cars and have further investment to do a business should go for starting a rental car business because there are big profits in this business. You need to start with few good cars and then you can buy more cars after you start getting profits from the previous ones. You need to have a place where to show case your cars so that people can get cars according to their choice. There are many things which you need to take care while giving out rent Ferrari in Dubai and rent Mercedes Dubai. Following are some important things to know about renting business:
Documentation: You need to keep all the documents prepared all the time because you never know when there comes a client to hire a car from you. You have to get signature of your clients in the documents and also you have to get their identity proof so that on case they will not come back to return your car the you can file a case against them and sue them in court.
Charges: You have to keep your charges maintained for all the people. You cannot give a luxury car for 50$ per day to one and then for 80$ to the other. Make a good list to ensure the equality of your charges. Also you have to charge the rent according to the type of car, condition of the car and the timing for which client is hiring your car. You should tell your clients that they need to use their own fuel especially when they are going on a journey of far places. You should also make them clear that if there is any fuel remaining in the car when they return it back then you will not be liable to pay for that fuel to them.
Maintenance: You have to make sure that you provide the best maintained car to your client to avoid any problem but you have to clear them that in case of any problem you are not liable to pay, like if the tire burst then you will not pay to them for that tire. Also you should make it clear that if there is any kind of mark or cut on the seats appears due to travelling with kids then they have to pay for this thing.