Did somebody over here ever thought about (or actually did) renting out classic american cars?
This idea pops up in my head from time to time and i think it would be a fun way of making money and great justification for having multiple classic cars.
But one the other hand i just recently did some calculating (without knowing exact costs, especially insurance) with 5 cars and it looks like you would have to rent them out quite frequently to make a profit worth the effort and investment.
In my calculation about 1 day per week (4 per month) and car. (if you have 5 cars, 5 rental days per week)
Im not sure if my "round about calculation" is right and if it would be realistic being able to rent the cars out that frequently, though.
Maybe 10 cars would be better but at this point there's also a lot more investment necessary up front.
Anyway whats your thoughts on this.
Do you think it pays off?
Did you ever do it yourself? Did it worked out?
Of course it makes no sense (at least for me) if you would invest lots of money earning less and having more stress than just picking up a normal job.
This idea pops up in my head from time to time and i think it would be a fun way of making money and great justification for having multiple classic cars.
But one the other hand i just recently did some calculating (without knowing exact costs, especially insurance) with 5 cars and it looks like you would have to rent them out quite frequently to make a profit worth the effort and investment.
In my calculation about 1 day per week (4 per month) and car. (if you have 5 cars, 5 rental days per week)
Im not sure if my "round about calculation" is right and if it would be realistic being able to rent the cars out that frequently, though.
Maybe 10 cars would be better but at this point there's also a lot more investment necessary up front.
Anyway whats your thoughts on this.
Do you think it pays off?
Did you ever do it yourself? Did it worked out?
Of course it makes no sense (at least for me) if you would invest lots of money earning less and having more stress than just picking up a normal job.
