Yeah, me either, but I wonder if, say, buying a bike on credit without doing any significant mods to it and it not being your primary bike could be a way to buy a second bike and have others pay for it.
Let's say it rents for $100 a day in your pocket and no one crashes it. It rents for, oh, 5 days a month leaving it for you to ride for the other 25 days if you so chose. Maybe $400 a month toward paying it off and hold back $100 a month for maintenance costs like tires and oil changes.
That's roughly $4,800 a year toward paying off the bike. For the sake of simplicity let's say the bike cost 4 times that amount or $19,200. In 4 years it's paid off. If the bike rents for 10 days a month; in 2 years it's paid off and then it's mostly profit. It would be like having a part time job though because you would have to constantly meet the people to give them info about the bike and the keys. They would need to provide proof of insurance or this start-up company would. Also taxes would have to be paid but I bet most of it could be written off in depreciation and maintenance costs.
In this scenario I would start with a Harley because that's what a lot of people want. I live off the famous Route 66 and see groups of guys and girls from Europe, Australia, and New Zealand renting bikes from Florida or maybe somewhere around Chicago or L.A., depending on which direction they want to ride the famous Route 66. Most of them are on Harley's and they are always black. I guess that's the cheapest color to buy for the companies that rent them out. It must be profitable because they've been doing it for a long time. They probably keep the bikes in service until a certain amount of miles are on the clock then they sell them on the open market and buy new replacement bikes.
As a retired person; I could see myself doing something like this but I don't live near enough to a city to make it easy enough for someone to fly in, rent the bike, ride and return the bike, then fly out.
What if they crash the bike and can't ride it back? Now do I have to go and get it from who knows where or does a towing service do that under insurance? Does that expense come out of my pocket?
Okay, you're right, fuggetaboutit.