I want to lease a car and put it on rent?

I should imagine this idea is full of pitfalls
1) The car is leased to you generally not to any other driver
2) Insurance could be a problem.
3) if the "other" driver trashes the car. You leased it you pay
4) must be easier ways to make a few bob.
 
say what? leasing is renting (although the word they use is not rent) and you pay monthly. You need a bunch of money down, and then payments are around $200 or more per month. You need to read the fine print though as it's tough to get out of that kind of contract should you need to. There also "might" be a clause that says you might be able to purchase it after you rent it, and that "might" be a good thing for you. Check under the yellow pages of your phone book for "car leasing" then choose the dealership that has the type of car you want. Bring someone with you to read that contract and don't sign if you don't agree. Check how much car insurance you need as it might be high. See if you can afford it all.

If you are saying you want to rent your car to someone then that's not a good idea since you would still own the car and would have to make sure there is better insurance coverage than you'd normally have, and then you'd need a contract. However if that driver is not a good driver then if they are in an accident you would be responsible to cover their medical bills over and above the PIP coverage, and you'd get sued by them and the people in the other car for any accident, an accident which you didn't cause and you weren't involved in however it was your car. And if they have drugs in that car and they're picked up then you'd lose your car entirely. So I'd say stay away from renting your car out.
 
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