Isn't this just like Getaround? Or are you suggesting that the startup buy lots of optimal used cars just for this purpose?
Startup Idea: Used Car Leasing
51–55 of 55 posts
Re: Startup Idea: Used Car Leasing
#52This must be a US-only thing - I have personally leased used cars and leased them for my company's use as well. So maybe it's just your country(which I assume is US) that does not have used-car leases?
Re: Startup Idea: Used Car Leasing
#53IIRC (at least in California) it is illegal to lease a used vehicle - it must be purchased. I don't know what the reason for this is, or if I even remember that correctly but I'm pretty sure its a law because when I purchased my car I checked into this. You can transfer your lease (i.e. swapalease.com), but in order to do it legally the swapper typically has to have their credit approved and fill out paperwork for th…
Here in Poland it's completely legal and I have leased used vehicles both personally and for business use as well. My experience with leasing companies is that they will lease pretty much any vehicle there that is out there on the market. If you find a used car offer, you can contact a leasing company, they will buy the car and then lease it out to you. I even had a car which had to be imported first - I've signed a contract with the leasing company first,then I was given access to a special account with money in it for the car,and then had to go abroad,buy the car and bring it back to Poland - and then they took care of registering it and they were the rightful owners of it - I was only leasing it out from them.
Re: Startup Idea: Used Car Leasing
#54Earlier quoted context omitted.
The problem isn't depreciation vs. normal maintenance. The problem is the occasional write-off of an entire car because the moronic previous owner didn't change the oil for the first 30,000 miles. For example.
Requiring proof of regular maintenance or even owning the process of maintenance is pretty common for dealerships. http://us.lexusownersclub.com/forums/topic/70591-is-it-manda...
Ok, maybe if you buy only leased vehicles you could CYA enough. But this thread was about "used vehicles", no?
Re: Startup Idea: Used Car Leasing
#55Earlier quoted context omitted.
Requiring proof of regular maintenance or even owning the process of maintenance is pretty common for dealerships. http://us.lexusownersclub.com/forums/topic/70591-is-it-manda...
Ok, maybe if you buy only leased vehicles you could CYA enough. But this thread was about "used vehicles", no?
Oh, sorry, I misunderstood the nature of risk you're describing. You referred to lack of maintenance by the previous owner, I thought you meant lack of maintenance on the vehicle while on the lease. A good mechanic would be able to at least quantify the risk level on a used car, it seems, with X-point test that most of "certified pre-owned" places conduct.