Would You Rent Your Bike to Strangers? - Victory Forums - Victory Motorcycle Forum
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post #1 of 30 (permalink) Old 01-26-2018, 10:31 AM Thread Starter
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Default Would You Rent Your Bike to Strangers?

This start-up aims to do just that much like Airbnb. I personally would not do it having let a friend ride one and then crash it for no reason I could find. Imagine the insurance level one would need to carry!

Twisted Road: Motorcycle sharing website lets you rent bikes to (and from) strangers
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post #2 of 30 (permalink) Old 01-26-2018, 11:04 AM
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dude, you couldn't pay me enough to do something like this... and if some bonehead did crash my bike, insurance is the least of his problems... if he isn't dead from the crash, i would make sure i finish him off... maybe something like uber though... for a fee i will take you someplace on the back of my bike...
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post #3 of 30 (permalink) Old 01-26-2018, 11:10 AM
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Again...we use to rent bike and scooters.....USE TO.
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post #4 of 30 (permalink) Old 01-26-2018, 11:24 AM Thread Starter
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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.
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Last edited by BBob; 01-26-2018 at 09:28 PM.
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post #5 of 30 (permalink) Old 01-26-2018, 11:26 AM Thread Starter
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Quote:
Originally Posted by Honda East Toledo View Post
Again...we use to rent bike and scooters.....USE TO.
I take that to mean you all found it to not be worth the headache of it all?
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post #6 of 30 (permalink) Old 01-26-2018, 12:01 PM
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Quote:
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I take that to mean you all found it to not be worth the headache of it all?
Bikes come back that clearly fell over or had met the pavement one way or another, mirrors gone or broke off, peg and handle bars bent or scuffed up.


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post #7 of 30 (permalink) Old 01-26-2018, 12:04 PM
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No way I would do that.

I have one friend that's ever rode my bike because I've know him 1/2 my life and know his skill level. I on the other hand won't ride other people bikes, I'm just not comfortable with it and even a tip over is damage caused.


I'll pass.
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post #8 of 30 (permalink) Old 01-26-2018, 12:11 PM Thread Starter
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Originally Posted by Honda East Toledo View Post
Bikes come back that clearly fell over or had met the pavement one way or another, mirrors gone or broke off, peg and handle bars bent or scuffed up.
Sounds like a combination of inexperience, not knowing the bike, complacency, and don't give a duck.

I don't think this start-up is going to do well with people like me. On the other hand I might consider renting one of these bikes for a couple of days as a way to see some of the countryside of an area I might be interested in if I was passing through in a car.

I'm probably not the demographic they are targeting for this anyway...
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post #9 of 30 (permalink) Old 01-26-2018, 12:19 PM
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I see three critical things this startup company has to address beyond the comparatively easy logistics of mating renter and rentee They are: Liability, damage, and the high concentration of bikes that are modified to become their owners "baby". I have custom irreplaceable paint jobs on two of my four XCT bikes so there is no way I would rent those two out. The other two are between stock plus aftermarket chrome (all easily replaceable) and a fair bit of custom stuff that is harder to replace.

I hang with some bikers who have done a lot of customization to their rides and some who have done absolutely nothing. The latter would seem a more friendly target for bikes to rent out.

G'day,

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G'day,

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post #10 of 30 (permalink) Old 01-26-2018, 12:33 PM
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You talk about crashing. So what about busting the tranie. Now thats a easy 7 grand fix. Sorry I would tell them bring your helmet and go to the HD dealer they'll rent you a bike

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