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Sub hiring fraud
http://www.taxi-driver.co.uk/phpBB2/viewtopic.php?f=5&t=17114		 Page 1 of 1
Author:  skippy41 [ Thu Jul 07, 2011 2:48 pm ]
Post subject:  Sub hiring fraud
Many owners buy vehicles on finance then get a driver in and then charge a rental from that driver.
Most owners charge more than the actual weekly/monthly finance charge and is therefor illegal
Just read about it on page 42 of this months professional driver
So if any of you out there are paying EG around £100 or more per week, and the vehicle only costs the owner £60 they are committing fraud
Author:  Sussex [ Thu Jul 07, 2011 8:19 pm ]
Post subject:  Re: Sub hiring fraud
skippy41 wrote:
Many owners buy vehicles on finance then get a driver in and then charge a rental from that driver.
Most owners charge more than the actual weekly/monthly finance charge and is therefor illegal
Just read about it on page 42 of this months professional driver
So if any of you out there are paying EG around £100 or more per week, and the vehicle only costs the owner £60 they are committing fraud

So the likes of Avis and Hertz are acting illegally? :?
Author:  captain cab [ Thu Jul 07, 2011 8:20 pm ]
Post subject: 
ffs.....this gets better by the minute.

CC
Author:  skippy41 [ Thu Jul 07, 2011 8:30 pm ]
Post subject:  Re: Sub hiring fraud
Sussex wrote:
skippy41 wrote:
Many owners buy vehicles on finance then get a driver in and then charge a rental from that driver.
Most owners charge more than the actual weekly/monthly finance charge and is therefor illegal
Just read about it on page 42 of this months professional driver
So if any of you out there are paying EG around £100 or more per week, and the vehicle only costs the owner £60 they are committing fraud

So the likes of Avis and Hertz are acting illegally? :?


I think they come under a different category, mind you they change there cars more often than jimbo changes his skids :D
Author:  Sussex [ Thu Jul 07, 2011 8:32 pm ]
Post subject:  Re: Sub hiring fraud
skippy41 wrote:
I think they come under a different category, mind you they change there cars more often than jimbo changes his skids :D

Mr Skippy, do you not think the fact that this ground breaking article managed to find it's way to page 42 indicates it might not carry the weight you are putting on it? :?
Author:  captain cab [ Thu Jul 07, 2011 8:36 pm ]
Post subject:  Re: Sub hiring fraud
Sussex wrote:
skippy41 wrote:
I think they come under a different category, mind you they change there cars more often than jimbo changes his skids :D

Mr Skippy, do you not think the fact that this ground breaking article managed to find it's way to page 42 indicates it might not carry the weight you are putting on it? :?


pmsl.......and is the magazine to close this sunday after 168 years?

CC
Author:  skippy41 [ Thu Jul 07, 2011 8:39 pm ]
Post subject: 
Just had a though no more sun bingo eusasmiles.zip eusasmiles.zip eusasmiles.zip :shock:
Author:  Brummie Cabbie [ Thu Jul 07, 2011 9:46 pm ]
Post subject:  Re: Sub hiring fraud
skippy41 wrote:
Many owners buy vehicles on finance then get a driver in and then charge a rental from that driver.
Most owners charge more than the actual weekly/monthly finance charge and is therefor illegal
Just read about it on page 42 of this months professional driver
So if any of you out there are paying EG around £100 or more per week, and the vehicle only costs the owner £60 they are committing fraud

Mr Skippy41!!!

I really do think you missed your vocation in life!!!

You would have earned millions as a script writer for Walt Disney!!!
Author:  Richard1 [ Mon Aug 29, 2011 3:27 pm ]
Post subject:  sub hiring fraud
It is perfectly OK; unless the finance is e.g. HP & / or when the lender in the agreement forbids this subletting...But the hirer is not doing anything wrong...

Hey what about a buy to let mortgage?
Author:  wannabeeahack [ Mon Aug 29, 2011 8:08 pm ]
Post subject: 
how come the owner doesnt need "self drive hire" insurance?

cant see how any markup can be illegal, its called a "profit" in my book

anyway, the rental usually includes base rent or plating+whatever so isnt directly related to the cost of the vehicle
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