Answer Question
Is there a market for renting out really cheap, older cars?
While Enterprise, Avis and others have a lock on the traditional car rental market for $25 to $100 a day and Turo is the major player in part-time rental of primary cars, is there a market for renting out really cheap, old cars? I am thinking like old, reliable Toyota corollas for like $100 a month. I'd buy the cars for cash then rent them out to lower income people, a few months at a time.