Classics as a business model

We are used to our hobby costing money. That's because hobbies can cost money. But what if you had the opportunity to make some money from your passion? The first-line workers with that approach are usually the classic traders.

That is obvious

There are also a couple of companies that rent out classics. They mainly do this in the B2B sector, the business to business corner, from company to another company. This approach is more certain for the renting party. There are quite a few companies that see doing business with individuals as potentially too complicated. There are companies that have a whole fleet of classics for rent. Some of these companies do not (only) play the game with their 'own' cars, but also with classics from private individuals who have them in an address file.

There is a whole world behind it

There are also 'providers' who supply classics for TV, film or advertising purposes. These are usually people who only mediate. And so we know a few people who saw their classic car 'on the silver screen' with themselves as drivers. But there is also a chance that your classic with a bunch of other old-timers will simply be parked along a sidewalk to underline the film's era.

Of course, as a private classic owner you can also rent out your vehicle to another private person. If that happens within the circle of acquaintances, it is the clearest. The safest. But first take a look at your insurance papers. Certainly for classic insurance, there are quite a few ifs and buts as far as use and liability are concerned.

There are risks

We know the story of a new-fangled groom who thought he would send his rented classic home overnight after a very festive wedding party with a drink. That gave the wedding a somewhat raw frayed edge afterwards, because his bride broke her nose during the failed evasion maneuver of a tree that came from the right. There are providers of classic insurance policies with a rental clause. But in this case, that convenient option didn't apply. It was a grim honeymoon.

But even if there are no collisions or such malheur, as a landlord you still have a strong emotional responsibility. We saw this at a wedding in somewhere in North Holland where the large, rented wedding convertible refused to start after leaving the church. The audience on the terraces around the church witnessed the Caddy's battery giving up the fight. It was all very sad.

As a landlord, take care of the administration

Certainly if it is not directly in the sphere of friends or family, it is very important to make good agreements and put them on paper. Check explicitly the tenant's papers. Not only his driver's license, but also the passport and his or her address. There have been too many cases in the past where someone somewhere along the route also saw the wedding car as a wedding gift. And such a flawless classic wedding car can still find a new owner without papers in one of the more liberal EU member states or aspiring member states. The investment in a GPS tracking system is not so bad.

All's well that ends well

By the way, when renting the VW in the pictures, everything went smoothly. Bride and groom had a great day. And they are still happy together. The groom of that time is now considering buying a classic ...

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