Car Rental Fleet Management FAQ

What is Rental Management?
This program is designed to allow car owners (or those who would to purchase a new car) to receive substantial income from their automobile while retaining the use of it at will. This program is tightly managed and dedicated to maintaining the owners vehicle in excellent condition. This program is perfect for vehicle owners that have more than one car or those that need additional tax deductions.

Depending on the automobile, owners can make as much as $4,000 to $20,000.00 per year off the rental of their unit. In addition to the income, there are many 
tax benefits to this program. You supply the vehicle and we do all the rest. We have the renters and a stringent screening process. We maintain the unit, collect the rental fees and deposits and send the owner an itemized statement and check once a month. If you're interested in learning more about this program, contact us today.

What about potential Tax Benefits?
Once the vehicle is enrolled in our program, you'll be able to enjoy many tax benefits. Check with your accountant about how you can benefit from these tax benefits:

1.) Depreciation - Most of our owners use a 5 year depreciation schedule for income tax purposes. Many can take 52% during the first 2 years alone.

2.) Expenses - You'll be able to deduct insurance premiums, maintenance costs and any upgrades you might want on your vehicle. These now become business expenses.

How much money can I make?
The amount of income you receive from consigning vehicle depends on many factors. Depending on the automobile, owners can make as much as $4000 to $20,000.00 per year off the rental of their vehicle.  In addition to the income, there are many tax benefits to this program. We make no guarantee as to how much money our owners will earn.

How do I know my car won't get torn up?
Hands down, this is the single biggest concern of car rental owners. The long and the short of it is that the renter is on the hook for almost everything. The only exceptions are the normal wear items. Each renter is screened extensively. When we fill out the Customer Information screen on our computer, we get answers to over 30 questions and record them, such as home and work address, home and work phone numbers, social security number, driver's license number, auto insurance company, agent and policy number plus many more. When we take the reservation, we complete a background check for their credit and driving record.

Every vehicle is cleaned, and thoroughly inspected before it leaves. The customer signs that it's in good condition and that they agree to return it full of fuel and clean. If they don't, we clean it and or gas it and charge the renter.

What about insurance?
When you enroll your vehicle in our program, we must add it to our master insurance policy. We keep a copy of the master policy on hand at all times and welcome our vehicle owners to go over it or speak with our insurance company to answer any questions they might have. As a rule, our coverage is considerably better than an individual policy. The renter is responsible for the deductible. The cost of the insurance depends on the value of the vehicle and whether it's a Car, Truck or SUV. The rates are slightly higher than an individual policy but the broader coverage is essential. Your individual policy won't cover you or the vehicle if the unit is for hire. The insurance premiums are deducted from your rental income each month and it's clearly spelled out on the Owners Statement.

How do I know my vehicle will be properly maintained?
In most cases, our maintenance procedures are far more strict than the average owner's. When a vehicle goes into the program, we fill out a vehicle information screen in our computer. One of the questions it asks is how often we want to perform maintenance on this vehicle. We also are required to enter the mileage when we receive the vehicle and the computer keeps track of how many miles are put on it. Each time a renter picks up the unit, we record the actual mileage and the generator hours. When they return, we again record the mileage and generator hours. When the unit has 3,000 miles on it since the last service, the computer automatically prompts us to let us know it's time to service this unit. When so prompted, we will change the oil & filter, check the transmission fluid, radiator coolant, brake fluid, batteries and tires for proper wear.

Are people allowed to smoke in my vehicle?
No! We don't allow smoking in any of our rental units. There is far too much risk that the upholstery or carpet could be damaged and many people are sensitive to the smell of smoke. Every renter must sign a sheet that clearly states that there is no smoking allowed in the vehicle. If they choose to ignore this rule, they will forfeit their entire security damage deposit so the vehicle can be fumigated and professionally cleaned to remove the after-effects from the smoke. This charge is purposely high to deter even the most stubborn renter.

Who is allowed to drive my Vehicle?
Our policy is that all primary renters must be at least 25 years of age.

How and when do I get paid?
Owners statements and checks are mailed around the 15th of every month. Each owner is paid for all rentals that returned and closed out during the previous month. The computer generated owners statement consists of pages indicating the charges or credits for that month, the renters names, dates, miles driven, and of course the total amount due the owner.

Contact Us to Contact us, or call us at (918) 948-7909 with questions or comments about this web site.