Does anyone rent their bikes out?

Reply Subscribe

Thread Tools

Search this Thread

Jun 11, 2023 | 10:08 AM

#21

PeterB

Road Master

Joined: Sep 2021

Posts: 759

Likes: 936

From: Under the affluence of incahol.

I hope you can do your own maintenance and repairs, including paint and crash repair work. You'll need it. Also a truck and trailer for bike recovery.

Had a buddy who ran a small bike rental business and the maintenance and minor crash repair work was constant. He gave it up in the end.

Also you will need outstanding customer service skills to deal with the constant complaints over trivia, or over problems they cause themselves, or over just trying to get out of paying full price or paying for damage they have inflicted. Or just dealing with the public in general. Forty-nine per cent of them are below average IQ.

Last edited by PeterB; Jun 11, 2023 at 10:10 AM.

Jun 11, 2023 | 10:15 AM

#22

Rounders

Seasoned HDF Member

Joined: Mar 2021

Posts: 18,486

Likes: 3,723

From: backwoods

Quote:

Originally Posted by PeterB

I repairs, including paint and crash repair work. IQ.

You don't think 25K will cover that? I would look into whose responibility it is to run and get them if it breaks down. Just like being a landlord.

Jun 11, 2023 | 11:18 AM

#23

smitty901

Seasoned HDF Member

Joined: Feb 2008

Posts: 23,003

Likes: 11,441

In any operation like this you need more units. You have to spread the risk out over more units to cover the costs.
Both the ones you are a aware of now and the ones you have not considered.. Taxes or any state or local permits required inspection, on and on..

Last edited by smitty901; Jun 11, 2023 at 11:24 AM.

Jun 11, 2023 | 11:34 AM

#24

FLHD89

Thread Starter

Intermediate

Joined: May 2023

Posts: 38

Likes: 4

From: South Florida

Quote:

Originally Posted by Hey Man

I don't even let friends sit on my bike never mind turning it lose with a stranger for a couple of bucks. Besides, I doubt your insurance would pay if a renter smashed it up causing property damage and or personal injury. That would leave you as the owner on the hook to pay up. It would be cheaper and less risk to give the bike away and if you decide to go that way let me know.

FL does not require motorcycle insurance weirdly enough. All of these apps have included insurance coverage. The riders do leave a deposit. I would have my attorney look over their insurance docs to make sure IT’s sufficient.

I own several rental properties so I know what to expect with renters

Jun 14, 2023 | 12:53 AM

#25

hvacgaspiping

Seasoned HDF Member

Joined: Apr 2013

Posts: 32,851

Likes: 17,888

From: Newcastle, OK

Quote:

Originally Posted by Spivitz

..... And he`s holding that woke beer too....

Jun 14, 2023 | 02:56 AM

#26

Ron750

Seasoned HDF Member

Joined: Jan 2011

Posts: 28,842

Likes: 16,583

From: Wisconsin, USA

Nobody rides my bike, except my mechanic. Karma is a bitch. I am superstitious enough to believe pimping my bike out would result in a pissed off bike waiting to get even with me. I already have problems with it because it was a dead man’s bike.

I heard Brad ended up renting his Sportster out.

Jun 14, 2023 | 05:48 AM

#27

Screamin beagle

Seasoned HDF Member

Joined: Jun 2017

Posts: 5,315

Likes: 4,272

From: Granville New York

I'm going to break out an old cross thread here...would you let your girl friend go on a 5 day motorcycle road trip with 5 other guys? If your answer is yes then by all means rent the bike out and post your girls info here. Have you ever rented a car or anything in your lifetime? Whatever it is you can guarantee that it's getting abused...so my answer will be a hard no.