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How to make money renting classic cars

how to make money renting classic cars

You will be self-employed and will need to pay taxes on your income. ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Many owners are very protective of their babies. If you’re interested in it being used in films, tv etc, take a look at Auto Trader in the classified section. This is used to collect data on traffic to articles and other pages on our site. Comments are not for promoting your articles or other sites.

1. Rent Out to Film Production Companies

Mary shares experiences from 20 years in the auto industry selling classic cars internationally with her husband. Do you own a classic car? Your first reaction may be a proud yes. Classic car owners love to talk about their cars and the history surrounding. They can renring you what they are currently being sold for and how lucky they are to have .

Pay off the cost of your classic car 2 to 3 times with a free profile

how to make money renting classic cars
Our Auction Room is now open — learn more. Follow Us. You may have a number of reasons for wanting to make money from your classic car. You might need the income to pay for the car itself, you may be looking for an additional source of income for your retirement, or you may be looking for some extra cash to add to your classic car collection. In fact, if you intend to offer yourself as a driver, you need three licenses; for the car, the driver and also the bookings. Some authorities are stricter than others, and the safety conditions could be quite imposing. The need to comply is important — if you are really serious about setting yourself up as a private classic car hire service, then you might be able to find a one-day training course which is taking place in your local area.

1. Rent Out to Film Production Companies

Our Auction Room is now open — learn. Follow Us. You may have a number of reasons for wanting to make money from your classic car.

You might need the income to pay for the car itself, you may be looking for an additional source of cads for your retirement, or you may be looking for some extra cash to add to your classic car collection.

In fact, if you intend to offer yourself as a driver, you need three licenses; for the car, the driver and also the bookings. Some authorities rehting stricter than others, and the safety conditions could be quite imposing. The need to comply is important — if you are really serious about setting yourself up as a private classic car hire service, then you might be maje to find a one-day training course which is taking place in your local area. At least this way you can be sure to cover all of the legal issues.

In addition, the type of car required for these services tends to be more specific, therefore this may not be a good option for you. There may be another way. Therefore, there are a number of companies across the country who offer this service. Some of these companies are looking to take on additional cars via private classic car owners. This arrangement would mean that the hire company would take care of the licensing.

You would need to have a chat to your insurance company and also have a think about how flexible you would be with your car. So your car could become a star! You need to register with an appropriate agency and there a few of them for example Ohw Car Agency. Again, you would need to think about flexibility and the possibility of a teenage actor driving your pride and joy! For example, this could just be a question of allowing an advertiser to put their branding via stickers on your rear window.

If you want to find out more the visit makke. These are interesting money-making ideas. How to make money renting classic cars you can make money from your classic car just by buying wisely, caring for your car, and then selling your classic car for a profit. Do your research and where possible look out for popular models with good service history and low mileage. This article was written and published by How to make money renting classic cars Jones. You state it would need a PHV licencewhich in West Oxfordshire anywaya car must be less than 15 yrs old.

But I have just spoken to a classic car rental business and they say that the cars do not need a licence …can you clarify please? Login to Bid Register to Bid. Register to Bid Log In. How can I make money from a classic car? Most reacted comment. Hottest comment thread.

Recent comment authors. Peter Powell. Contact Small Print We use cookies to ensure that we give you the best experience on our website.

6 Ways to Earn Money With Your Classic Car

Read how you can beat the traffic wardens How to cut your petrol costs There are easy ways to find the cheapest petrol. For the decals, approach local businesses and see if they see the appeal of putting their marketing on your car. Classiic are a variety of reasons why people would be interested: Renfing life events such as weddings, coming of age birthday parties, graduations. To drive down memory lane. I have a classic car and I wish to use it for wedding events. Most will hold outside events in April or May. Growing demand from domestic and international clients after something different, means we are looking to grow our bases and fleet, with the majority of our vehicles provided by private owners. Also, go to your Chamber of Commerce, they will tell acrs of any other necessary licenses with regards to beginning your business.

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