Car and van rental businesses provide vehicles to customers for agreed periods of time in return for a rental fee. Typical customer groups include businesses requiring cars and vans for their employees, and individuals who do not have access to a car, for example tourists. Types of car hire include short-term rentals, which are generally made by the day. Specialist car hire areas include classic sports cars and vintage cars.
In addition to providing vehicles and administering rentals, the business will be responsible for maintaining its fleet of cars and vans. Consequently, independent car and van rental businesses are often started by existing businesses such as garages or small repair shops that have the facilities to check and repair the fleet regularly.
This profile provides information about starting up a car and van rental business. It describes the skills required, the training available, the current market trends and some of the key trading issues. It also identifies some of the main legislation that must be complied with and provides sources of further information.
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