• Classifieds Rules

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    Report all bad experiences (for both sellers/buyers) on the Buyer/Sellers forum.

BMW 330 CI (31 May 2005)

Re: BMW 330 CI (31 May 2005)

Bro,

U shd not consider renting out. I think renting wld be illegal under your HP contract and there wld be plenty of implications when the guy who rent from u get involved in a traffic accident. U can get into more trouble than the guy who rent from u.

U shd either sell or expressly authorise someone (who is then driving under your insurer's coverage) to drive the car if you do not need the car for a while.
 
Re: BMW 330 CI (31 May 2005)

Bro, Thks for the reply. But don't they hv any kinda system to protect us ? Like asking lawyer to act on these issues, drafting out contract or whatever?
 
Re: BMW 330 CI (31 May 2005)

if u love ur car, dont rent! u mite neva noe wats gonna happen....
 
Re: BMW 330 CI (31 May 2005)

ReVoLuTiOn said:
Bro, Thks for the reply. But don't they hv any kinda system to protect us ? Like asking lawyer to act on these issues, drafting out contract or whatever?

Don't think so bro. Coz u are not supposed to let your car out on a commercial basis. If your car is still under finance, check the fine prints of your Hire-Purchase or loan agreement.
 
Re: BMW 330 CI (31 May 2005)

You can get an insurer to insure your car for rental in addition to the usual policy...but that's a very different premium you would be paying.
 
Re: BMW 330 CI (31 May 2005)

u will also need to get a license from the LTA, but at present, i believe they only allow for weekend rental..
 
Re: BMW 330 CI (31 May 2005)

gadaffi said:
if u love ur car, dont rent! u mite neva noe wats gonna happen....


Yah, i love my car but u know.. i'm thinking of covering cost for the car rather than letting it sit in the carpk. Its true, i nvr know what might happen so i thinking of ways to safeguard.
 
Re: BMW 330 CI (31 May 2005)

all the best den....
 

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