Forum Discussion
Jerseydevil
Dec 29, 2017Explorer
Well I have not rented, but people ask me all the time.
My mechanic does house call service and is in rental business. He says his rental business in NJ booms for 6 months here, and demand is high, but demand is dead in colder weather and his insurance remains high. One thing he learned was to stop putting hub caps back on rims as those costs add up, and make sure every rig has back up camera...lol. He said, Everyone wants the experience but most can not afford to buy, maintain, store, etc. Keep in mind he is a mechanic and does most of maintenance/cleaning himself and also has a lot he owns to store all rigs. Unfortunate for me, he decided to move his business down to Florida next year for year long rental market and lower property costs/tax. So it seems for rental business to be successful location for yearly demand, low maintenance costs, low storage costs are key.
My mechanic does house call service and is in rental business. He says his rental business in NJ booms for 6 months here, and demand is high, but demand is dead in colder weather and his insurance remains high. One thing he learned was to stop putting hub caps back on rims as those costs add up, and make sure every rig has back up camera...lol. He said, Everyone wants the experience but most can not afford to buy, maintain, store, etc. Keep in mind he is a mechanic and does most of maintenance/cleaning himself and also has a lot he owns to store all rigs. Unfortunate for me, he decided to move his business down to Florida next year for year long rental market and lower property costs/tax. So it seems for rental business to be successful location for yearly demand, low maintenance costs, low storage costs are key.
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