When you first purchased your RV, you were probably overwhelmed by fantasizing about all the different adventures you were about to take. A summer loop of the National Parks, including the stunning views at Yosemite and Yellowstone. Or a fall trip to experience our nation’s history firsthand in the northeast, surrounded by the beautiful colors of autumn leaves.
Maybe you just wanted to venture through the most charming, Spanish-moss-strewn cities in the American south or even take a weekend getaway to the local state park or beach.
But no matter how many incredible adventures you had planned — and that you’ve embarked on! — you (unfortunately) can’t be on vacation all the time.
That’s why more and more RV owners are looking into renting out their travel trailers and motorhomes. That way, you can earn back some money on your investment when it would otherwise be sitting emptily in your driveway, collecting dust and reminding you that you’re not on vacation.
But is RV rental a good business? Is it profitable? Worth it? After all, you’re entrusting your beloved rig to someone who’s essentially a stranger. That can be a scary prospect, even if rental rates are good.
But rest assured: renting or leasing your RV is actually a great option if you’re looking to make a little bit — or a lot — of extra cash this year. It can also help you meet a ton of great new people and learn about new destinations to add to your list.
Here are our top ten reasons to put your RV up for rent on the peer-to-peer rental market.
How Do RV Rentals Work?
Whether you’re considering a short-term, long-term, or monthly RV lease, here’s how RV rentals work — and why you should consider them.
1. You’ll earn back some of the money you lose on your RV purchase.
As you know, your RV is a fantastic investment as far as enjoying and enriching your life… but it’s not necessarily the cheapest thrill!
Plus, a recreational vehicle is still a vehicle, which means it depreciates in value. In other words, any way you slice it, you’re likely losing money on your beloved rig.
By putting your RV on the peer-to-peer rental market, you stand to counteract some of those costs, earning back at least some of the money you sunk into the rig in the first place.
2. You’ve got resources on your side to keep you safe.
It can be scary to hand over the keys to your rig to total strangers. We get it! Your RV is like your baby.
But when you rent your RV out through RVshare, you’ve got a lot of resources on your side to ensure you won’t have a bad experience. You can rest assured that your renters are trustworthy with the verification check processes we have in place, and you’ll also have both liability and comp insurance coverage for the entire duration of the rental.
3. RV rental is a really easy way to make money.
Seriously: Just list your rig, greet your renters, sit back, and relax. It couldn’t be any easier to make some extra money!
RV Rental By Owner
Listing your RV for rent by owner some special benefits for both you and your renters — ones that can’t be found through traditional RV rental companies.
4. Renting your RV is a great way to meet new people.
Imagine having an endless stream of adventurous, friendly people coming to your door, ready to make new friends and swap travel tips.
When you list your RV on RVshare, you’ll experience exactly that. They’re called your renters!
5. By-owner RV rental can help thrifty adventurers afford to travel.
RV rentals by private individuals tend to be less expensive than ones found in large, commercial dealerships. That’s because regular people like you and I don’t have to worry about footing hefty overhead business expenses… we’re just trying to recuperate some of the cash we spent on our RV in the first place!
And that means that your rig could provide travel opportunities to young individuals or families who otherwise wouldn’t be able to afford to take them. That’s something you can feel good about.
Private RV Rental
Here are even more reasons to list your rig for rent on RVshare.
6. You give renters the opportunity to travel in a personalized, comfy rig.
Not only are privately-owned RVs more affordable, but they’re also comfier. After all, you actually live in, love, and use your rig — unlike the sterile, white-washed vehicles available on most commercial fleets.
7. If you decide it’s not for you, you can always take your RV off the market.
It’s totally free to list your rig on RVshare… and just as easy to take it down if you decide renting your RV isn’t right for you. So you really do have nothing to lose!
8. You’re helping revolutionize the RV rental marketplace.
The sharing economy is nothing new at this point, but peer-to-peer RV rentals are less well-known than popular rideshare companies and homestay programs. By listing your rig on RVshare, you’re helping expand this revolutionary new way to do business.
RV Rental Rates
Alright, alright, renting your rig on RVshare is easy… but how much will you actually make? Is it worth it?
9. You might be surprised at how much you can earn.
We think you’ll agree that the average RV and motorhome rental prices on the peer-to-peer market are nothing to sneeze at.
Owners who list their rigs on RVshare regularly earn $120 to $365 per day. That’s no small stakes, especially if you keep your RV rented consistently!
10. Renting your rig will allow you to take more vacations!
So — what are you going to do with all that extra cash you stand to earn by renting your RV?
Obviously, an extra stream of income is always welcome. You can use it to pay bills, make extraneous purchases, and upgrade your home…
… or, of course, to take more vacations of your own!
In fact, that’s our very favorite thing about RVshare. It gives RV owners like you the freedom to enjoy their rigs… and helps new travelers experience and fall in love with this unique travel lifestyle.