DIFFERENCE BETWEEN SELF-MANAGE & VEHICLE LEASING
Urus sendiri vs Pajak
- Self-Manage means the vehicle owner handles marketing and rents out the vehicle directly to customers. The owner needs to have a customer screening system, booking system (online/offline), accident management system, and debt collection system (CTOS, panel debt collectors, panel lawyers). These systems are expensive and take time to develop (costing more than RM10,000). For a start, vehicle owners can register as a GoGreenMatrix member, also known as GMHUB. GoGreenMatrix has been experienced since 2006 and provides a complete vehicle rental management system. The fee to join GMHUB is RM300 per year. GoGreenMatrix only charges a 1% royalty from rentals or member commissions to cover system costs. Full info here: wahiabdrashid.com/gmhub
- Leasing (Pajak) means the vehicle owner hands over the vehicle to an experienced rental operator to manage it. The vehicle owner will earn nett around RM200 – RM500 per month depending on the model, age, and condition of the vehicle. Full info here: wahiabdrashid.com/pajakan
Between the two options above, the better choice is for vehicle owners to learn to self-manage because, if done correctly, the car rental business can become a long-term source of income. Meanwhile, leasing is more suitable as a temporary option.
