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Looking for some tips and advice about race rental (Read 1,516 times)
Dave D.
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Vancouver
Looking for some tips and advice about race rental
Jun 23rd, 2013 at 10:28am
 
Thinking about renting out my car for novice and or senior racers. Just wondering if the agreement is on a hand shake, contracts,  are there deposits? etc etc etc.. any info from anyone who rents or have rented would be great. 
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Rye
Senior Racer
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Road racing, not street
racing!

Posts: 212
Re: Looking for some tips and advice about race rental
Reply #1 - Jun 24th, 2013 at 7:39pm
 
I find that a written contract helps to clarify what the terms are, especially if something goes wrong.

-deposit or no-show charge?
-damage liability?
-what happens in the event of a mechanical DNF?
-what is included in the rental - full arrive and drive, or "here's the key"
-who pays for fuel
etc,etc,etc
-you may want to include a waiver to protect yourself in the event that your renter becomes injured while in your car

I once rented a car that came with a contract that included an agreed price for a driver caused engine blow up, and an agreed value for the car if it was totalled. I liked knowing that information in advance, instead of a battle after the fact.

Richard
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