The employee salary goes from $8 to $12 per hour. A mechanic salary ranges from $35,000 to $70,000.
If you hire a marketing professional, the annual salary would be starting from $30,000 to $65,000.
The insurance budget will be from $500 to $1,000 on a monthly basis. Adding a vehicle in a couple of months is also a must which will cost you from $20,000 to $30,000.
If you calculate the cost of adding new vehicles to your rent a car business, it will be $100,000 on a yearly basis.
Consequently, the monthly fleet service will cost you from $500 to $1,000 or above it. If you include the monthly place rent here, that will be $700 to several thousands of dollars.
With regards to marketing and website, the budget ranges from $500 to $1,000 per year.
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How Much Profit Can a Car Rental Business Make?
Depending on the location, fleet and competitive rates, your rent a car business can make
