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  1. #26
    Senior Member pharnabazos's Avatar
    Join Date
    Sep 2004
    Location
    NYC
    My Bikes
    Zeus Professional, Juncker Calypso, Lotus Eclair, Dahon Speed, Raleigh Twenty
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    Most bike stores here in the city charge $30-35/DAY(!) for bike rental. Let's see, 3 weeks at that rate would be at least $630.....don't you have any beaters?

  2. #27
    Senior Member DieselDan's Avatar
    Join Date
    Mar 2003
    Location
    Beaufort, South Carolina, USA and surrounding islands.
    My Bikes
    Cannondale R500, Motobecane Messenger
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    There is a Disney-like attitude that you never call the police on a guest, no matter what.
    Bikes use brakes to stop.

    If your bike has breaks, don't ride it.

  3. #28
    crotchety young dude el twe's Avatar
    Join Date
    Jan 2005
    Location
    SF, CA
    My Bikes
    IRO Angus; Casati Gold Line; Redline 925; '72 Schwinn Olympic Paramount
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    Have him sign something saying that he can use it free of charge while you're gone, but he'll pay for any necessary repairs that will be done due to his riding the bike. Before this, have the LBS provide a written statement signed by a well trusted mechanic stating the bike's condition. Make sure that when he returns it you take it to the same mechanic, have him check out the bike, tell you both what needs to be done (because of the riding) and have the "renter" pay for those repairs.

    Don't be malicious about it, but just make sure the rider understands that you value this bike and want it treated kindly. If he/she does not understand this (or won't agree), point him/her to a local bike rental place to show that you do want this person to ride.
    Quote Originally Posted by CardiacKid View Post
    I explained that he could never pay me enough cash for the amount of work I had put into that bike and the only way to compensate me for it was to ride the hell out of it.
    IRO Angus Casati Gold Line

  4. #29
    Ride it, don't fondle it! Wheel Doctor's Avatar
    Join Date
    Feb 2005
    Location
    Grand Junction, CO
    My Bikes
    Raleigh M80, Bacchetta AERO, Bacchetta GIRO, BikeE, 83' TREK 970, Catrike Speed, IRO Fixie/SS
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    413
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    Quote Originally Posted by jeff-o
    Charge just enough to cover the cost of the lawyer, to write up the waiver.
    Waivers are useless paper that trial lawyers find quite amusing, make em' on soft paper so thay have a real use.

    Do you own anything of value, have any assets? Want to keep it, don't loan anything to anybody and for sure don't rent it cause you could be held liable in an incident, loaning is safer.

    I once had a rental bicycle business and I had a waiver, giggle...and I also had 2M in liability insurance per incident. It may not be enough today.

  5. #30
    riding a Pinarello Prince orguasch's Avatar
    Join Date
    Jul 2000
    Location
    Downtown Toronto,Canada
    My Bikes
    Pinarello, Prince and an FP5
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    will never lend or rent my bike for nobody, not even my son can borrow my bike, that wouldbe thelast thing I will do....
    "Racso", the well oiled machine;)

  6. #31
    Senior Member
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    Jun 2005
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    Can't you BUY a bike like yours for relatively cheap? (not that it's not a nice bike, but early 90s is older and you can get a new decent road bike for $700). Find him/her a bike to buy, new or used. Have them sell it when they're done. if they buy it used, the depreciation will be less than the rental fee.

    Hell, send them to bikesdirect and have 'em buy a new Sora Motobecane for $325... you know they'll get $175 on ebay or craigslist after the trip and you would charge at least $150.

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