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hello aloha and welcome back to car rental university i am your host alex withrow today were going to talk about private agreements and is this really a great business model is it worth it what are the problems ins and outs of it i get this question a lot in the comments with regards to why did i stop doing private agreements great question so before i get into that click below grab the five things you must do before starting a car rental business lots of great information in there for when you are starting out a car rental business so that said lets get into this so you know when i was up in new york city i was running a my car rental business through mostly private agreements now i get this question all the time in my private consulting um calls so a lot of times people are saying hey i got this guy he seems reliable he wants to rent my car for 400 a week or so and hell pay it and then you know ill put him on my insurance and then everything will be hunky-dory in theory it sounds