Renting out 2nd golf cart
 

Hi neighbors, we are considering renting out our 2nd golf cart when our brand new arrives from the dealer soon. What would be a fair daily or weekly rate? Where would be the best place to advertise it - simply here and Nextdoor?

Cheers,

Dylan

Whatever a "fair" rate is..................Is it worth the liability exposure??

Good luck finding insurance for a rental. If you do, it will probably be pretty pricey, so build that into your rental fee.

Also, are you going to have them give you their motor vehicle report before you rent to them? Get a copy of their license?

Can you find a boilerplate rental agreement for this? Limit drivers to only those over 21?

What is your guarantee of payment if they let their young grandson drive it and there is an accident? That would void the rental agreement.

TOTV and NextDoor are good places to advertise, but I think you have to pay to be an advertiser.

Find out what The Villages Golf Cars charges for the day. I think its $35

What if the golf cart never makes it back to you - I am sure at least has not been returned to The Villages Golf Cars this year.

Get GPS tracking. If the cart is never returned to you it's theft, a felony, will be quickly found by law enforcement. They absolutely love solving these types of crimes.

I would never take on the liability of renting a cart, I have too much to lose for such a small payment.

I think this is a bad idea.

You would be operating a business, which would require a business license, commercial insurance, and for you to collect and pay Florida rental taxes. Also, the deed restrictions do not allow you to operate a business from your Villages home. If a neighbor complains, you would be shut down. But, the biggest issue for me would be the potential liability if a renter gets injured or injures someone else. I don't think you could charge enough to make it worthwhile.

My opinion.

Isn't theft a felony...
 

only if it's above a certain monetary value?

They charge $25/day... $125/week...

I would sell it.
Then all the money is yours, and no worry.

I agree, sell it

Why yes and that amount is 300.00. I would love to see a cart which runs and is valued at 299 or less.

Florida has one of the lowest thresholds for felony theft.

I just paid 85 dollars the past week

Rental liability for carts is high . Just ask .

I don't think renters will take care of your cart. Lots of good reasons not to rent.