5 Benefits of Running a Car Rental Business

Motorized vehicles, especially cars, are now urgently needed, whether they are personal, group or company needs. Because it doesn’t hurt if you try the idea of ​​opening a car rental business. The car rental business has been promising lately because it is considered more practical. The price of a car that is quite expensive and the various additional costs that follow it make many people reluctant to buy it themselves. Besides that the need for car capacity also often varies. Sometimes it takes only a small car to travel with family. But at certain times it requires a car that is large enough to carry many members of the person. And car rental services are ready to provide cars according to the desired capacity. In addition to the urgent need for transportation equipment, opening a car rental business also brings many benefits to its activists. And among them are as follows.

 

Enables If Without Capital
5 Advantages of Running a Car Rental Business You might think that starting a car rental business requires quite expensive capital. Must spend a lot of money to buy cars and maintenance costs. But this can be dealt with so that you can open a car rental business with capital that is quite low or even without capital. Can be with car loans or use partner vehicles. The first way is by car loan. The price of a car on the market can reach hundreds of millions of rupiah, and that is very burdensome if it has to be paid in full. With a DP of 5 million to 10 million, you can now get one car for rent. You may need the car’s first maintenance fee, but the amount also does not exceed the price of a cash car. After the business starts, you can use the rental proceeds to pay for maintenance and pay for car payments. A little lightening right? No need to directly look for large cars and expensive prices, just start with a small investment. The second way is to work with partners. In this way you don’t need to have a car to be able to open a car rental business. Simply work with partners who have vehicle units and connect them with tenants. If this business is managed seriously, you will not only rely on profits from small cars, but also cars with large capacity.

 

Benefits are quite tempting
5 Advantages of Running a Car Rental Business Here are the assumptions of the benefits that can be obtained when trying out the car rental business.

Initial capital of 1 unit of Avanza 1.3 E M / T, 48 month tenor
DP: IDR 38,780,000

First month installments: IDR 5,1010,000

All Risk Insurance: IDR 3,000,000

Accessory Fees and others: IDR 5,000,000

Promotion Fee: IDR 300,000
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Initial Investment: IDR 52,090,000

Monthly Operational Costs
Installments per month: IDR 5,1010,000

Maintenance and Service: Rp. 700,000

Other costs: IDR 500,000
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Total monthly fee: IDR 6,610,000

 

Assuming Turnover per Month
25 days car rental x IDR 400,000 = IDR 10,000,000

 

Assumption of profit per month

= Turnover – Operating costs per month

= IDR 10,000,000 – IDR 6,210,000 = IDR 3,790,000

 

The assumption of this profit cannot be obtained exactly every month. There is a time when the car rental will be quiet, but it does not rule out the possibility if the business is very crowded even a full month. Especially in the Eid season where many people need a car to travel both in the city and out of town. The prices listed above can also rise at any time. You can give different rates if you are with a driver, the car is used out of town or used on holidays and holidays.

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