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Thread: What Do ITC Rent For?

  1. #1
    Join Date
    Apr 2001
    Location
    Fredericksburg, VA
    Posts
    50

    Default What Do ITC Rent For?

    What are the typical rates for

    Single Race Weekend
    Double
    Enduro
    Single/Enduro


    Thanks

  2. #2
    Join Date
    Mar 2001
    Location
    VA
    Posts
    113

    Default

    Depends on the quality of car and level of trackside support.

    With full support and delivery and a top-notch car, $800-$1000 is not unreasonable for a full weekend or comp school.

  3. #3
    Join Date
    Apr 2002
    Location
    Bridgewater, MA USA
    Posts
    1,300

    Default

    I am building an ITS car over the '02 season for rental availablility during 2003. The car will be top notch, unbent and feature great trackside support as you say.

    My question is this:

    What kind of market is there REALLY for a rental @ $1000 a weekend?

    Does anyone do a 'rent to own' scenario? I am trying to understand the business quirks.

    AB

    AB

    ------------------
    Andy Bettencourt
    06 ITS RX-7
    FlatOut Motorsports
    New England Region
    [email protected]

  4. #4
    Join Date
    Mar 2001
    Location
    VA
    Posts
    113

    Default

    I used to crew for Rotary Performance in VA. If I recall correctly they rented their Spec RX-7s for $600-$700 for a comp school weekend. They were good cars for a while, but eventually were pretty beat up. RP started out doing rent-to-own, but then decided it was better just to rent. Under the rent-to-own scenario, typically they would apply the rental fee from a comp school towards the purchase price.

  5. #5
    Join Date
    Mar 2001
    Location
    VA
    Posts
    113

    Default

    Also, I believe SRFs rent for close to $2000 for full weekend.

    I'm not sure how profitable renting alone would be - many shops rent cars as a means to generate future business.

  6. #6
    Join Date
    Apr 2002
    Location
    Bridgewater, MA USA
    Posts
    1,300

    Default

    Definatly not going to get rich on the idea. I just fiured if I did it right, with all the parts, consumables and the chassis I have, I could break even in 1-2 seasons (assuming zero cost for the parts I have that are getting dusty).

    After I break even, I figure every weekend I pay for a set of tires or I sell off the rental for a great deal and pocket the cash.

    AB

    ------------------
    Andy Bettencourt
    06 ITS RX-7
    FlatOut Motorsports
    New England Region
    [email protected]

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