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RISHAV SAHA

Grow • 1m

I’m planning to buy 2–3 second-hand Splendors and give them on daily rent to Rapido riders. My idea is simple: the riders will handle all running expenses like fuel, servicing, puncture, and repairs, and they’ll only pay me around ₹100 per day as bike rent. This keeps my risk low because I’m only providing the bike and documents, while they manage the rest. With 2–3 bikes, I can generate a steady monthly income with minimal involvement. And if things go well and the model works smoothly, I can gradually add more bikes and scale it into a proper side business. I want your guidance on whether this approach is practical, sustainable, and the best way to manage riders.

4 Replies

Replies (4)

Owl Maniac

Rethink and Breakdow... • 1m

well straight way to ruin yourself. think the math

Ranjit Raj
•

Hewlett Packard Enterprise • 1m

What if they meet with an accident, or any theft caseand the rider just vanishes , and as the bike would be on your name . You would be facing legal consequences. Let me know your thoughts on this

Rahul Agarwal

Founder | Agentic AI... • 1m

Interesting approach. The model seems practical if you set clear agreements and track usage responsibly. Start small, refine the process, then scale based on results.

Ansh

Learn and Grow • 1m

I mean there are many negative points : - what if an accident happens you will be the one responsible cause the bike is in your name. - 100 rupees per day is like 3k a month considering the fact they will use it daily. What about the maintenance, insurance cost and servicing cost. That will be paid by you only. - Risk is high and the reward is low. And if you will scale it, you will need that bike to be on rent every month cause otherwise it's loss for you

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