How do I start my own car booking business?

Starting an Indian car rental business

1. Step 1: Do a detailed analysis and carefully consider the different possibilities available.
2. Step 2- Select the business model of your car rental.
3. Step 3- Build your company.
4. Step 4- Register your company for car rental.
5. Step 5: Register with the Tax Administration.

How much does it cost to rent a car in Nigeria?

Cheap car rentals in Nigeria

Economy	$117/day
Standard	$168/day
Full-size SUV	$247/day
Premium	$294/day
Passenger van	$147/day

How do I start a car company in Nigeria?

To become a car dealer in Nigeria, you will need to apply for and pay the ‘Car Dealership License’ fee. It certifies you as an authenticated car dealer which comes with numerous advantages. With that, you can become a certain company’s franchise, i.e. selling only their car models.

How much is renting a car in Abuja?

On average a rental car in Abuja costs $956 per week ($136 per day).

How much can I rent a car in Lagos?

Cheap car rentals in Lagos

Economy	$117/day
Full-size SUV	$257/day
Premium	$315/day
Passenger van	$158/day
Luxury	$315/day

How do I become a car distributor?

The standard procedure of getting into the car dealership business:

1. Filling out the application form.
2. Securing a surety bond (the number of security bonds that you might need, depending on your line of business).
3. Buy liability insurance for your vehicles.
4. Apply for a GST tax number.
5. Develop your business location.

How much does it cost to rent a Rolls Royce in Nigeria?

Pricing & Rates

Configurations	One Week or more	Less than 1 Week
Full Day Rental (Chauffeur-Driven)	N550,000 / Day	N575,000 / Day

Is a used car dealership profitable?

Used car dealerships are profitable. Selling used cars is more profitable than selling new cars. According to the National Car Dealerships Association, the average gross profit on a used car is $2,000 while the average gross profit on a new car is $1,200.

How do I become a car dealer in Nigeria?

The following are steps on how to become a car dealer in Nigeria.

1. STEP 1: HAVE A BUSINESS PLAN.
2. STEP 2: CAPITAL TO FINANCE BUSINESS.
3. STEP 3: CHOOSE THE RIGHT TYPE OF DEALERSHIP.
4. STEP 4: PURCHASE THE CAR DEALERSHIP LICENSE.
5. STEP 5: PURCHASE THE VEHICLES.
6. STEP 6: GET A GARAGE TO DISPLAY YOUR CARS.

Where can I rent a car in Lagos?

Pick up and Drop off Services. Where Can I Rent A Car in Lagos. Better still visit us at SF05 Axiom Plaza, 279 Old Abeokuta Motor Road, Agege Lagos. Other extras. You can get a quote for car rental here by filling our get a quote form or by calling our Customer Care Team on +234 8093341100.

What do you need to start a car rental business?

The business will require a fleet of vehicles, an office, computers, printers, high-speed Internet, the payment of incorporation fees, insurance for the business and automobiles, vehicle maintenance tools, a closed circuit camera system, employee wages/salaries, and marketing efforts. What are the ongoing expenses for a car rental business?

How much do car rental businesses make?

Your car rental business can rake in the cash if you have an optimal location, a diverse fleet of vehicles, and competitive rates. It is possible to make $50,000 to $100,000 in the first couple of years. Continue to grow your business and you will eventually reach the mid-six figure mark.

What is the best business structure for a car rental company?

The most common business structure types are the sole proprietorship, partnership, limited liability company (LLC), and corporation. Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your car rental business is sued.