TRACKDAY.....HIRING YOUR CAR OUT

TRACKDAY.....HIRING YOUR CAR OUT

Author
Discussion

kartman24

Original Poster:

459 posts

257 months

Thursday 14th December 2006
quotequote all
I`m thinking of hiring a Loyus 7 type car out to some mates for some track days, is this allowed and what insurance policies are available. How many drivers are you allowed for one car, obviously they all pay the organisers seperatly........Martin

Redtuscan

230 posts

252 months

Friday 15th December 2006
quotequote all
Yes you can hire your car out if you want. You will need to get commercial insurance. Try www.tradexinsurance.co.uk

I suggest that you are sitting down when you get the quote, especially the size of the excess.

You will also need to inform the tax man of your earnings from your business.