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Hello and welcome to Car Rental University with host Alex Withrow. Today we will discuss private agreements in the car rental business. Is this a good business model? Are there problems and considerations to be aware of? Many viewers ask why Alex stopped using private agreements. Before diving into that, be sure to check out the five things you must do before starting a car rental business. Alex shares his experience running a car rental business in New York City primarily through private agreements. People often ask about renting to reliable individuals for a fixed rate and adding them to their insurance. Let's explore the ins and outs of this business model.