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Is Renting Out Your RV Worth It?

During the off-season, your RV may spend a lot of time in your driveway or storage. But, your off-season can be the season for exciting RV adventures for some. While sitting idle in your driveway, that RV does nothing but take up space. Renting your RV, instead, can make a lot of money while you continue your daily routine.

Every RV owner hopes to get a bit more of their vehicle’s purchase. Thankfully, a company like RVShare is there to help. When you are renting your RV, they get you the best deal and ensure you make passive and easy money through the collaborative economy.

In the United States, around 10 million households already own an RV and stats show that another 17 million Americans are already thinking of purchasing one. Most of them are now turning to the concept of renting RVs only when required. 

If you own a camper or RV, you are aware that the time it is idle in your parking is more than the time it spends outdoors. This does not mean that you made a bad deal by purchasing an RV. RVers know how convenient a motorhome can be to explore places. It gets you a mobile home, security, safety, and much-needed comfort. There’s one more thing in this list — extra dollars.

Benefits Of Renting An RV

There was a time when handing out your home keys or a vehicle to a stranger was a myth. Nowadays, organizations such as RVShare, Airbnb, etc., provide a safe and secure way to help owners make extra money. 

No matter if you are already familiar with this idea or thinking, “is renting my RV a good idea?”, take a look at these benefits so that you can figure it out.

Additional Money With Less Work

Renting out your RV can get you around $50 to $300 per night. You can use this money for your next family trip. On the other hand, the renters get what they want at affordable rates. Isn’t that a win-win for all?

A Lot Of Storage Saving

Many prefer nearby RV storages to park their vehicles. This is an expensive affair. You can save on this while your RV is out on the road with renters. If you park it in your yard or driveway, you can free that up. 

Make More Memories With New Friends

RV owners and renters are mostly like-minded people. This idea of a shared economy is excellent to get such adventure lovers together. You can share your experiences with fellow RV enthusiasts and learn more about their expeditions as well.

Easy Payments For Your Insurance And Maintenance 

RV ownership comes with a great price. You have to take care of insurance and maintenance costs. Even if you occasionally rent out your motorhome throughout the year, it can cover up all the associated costs with your RV.

Justify Your Expenses

Buying an RV is an expensive deal. It is also a bad deal if you keep it idle for most of the time. Renting it out can help you earn around half of the money you spent to purchase your luxury RV in just a year.

Average Income By Renting Out An RV

Your location and your RV type are the primary factors to determine the income you can make out of it. Several Class A motorhome owners have earned around $4000-$5000 a year. They had rented out their RV for not more than four times in that particular year.  

Remember that RVShare takes a bit of share for their services in this deal. They are your #1 marketplace destination to rent out an RV and make sure your deal goes as smoothly as possible. 

Now, let us take a look at the table that explains the possibilities of your income through the RV rental business.

Class of Your RV

Charges Per Night

Popup Camper

$50 to $125

Fifth Wheel 

$50 to $100

Travel Trailer

$60 to $150

Class B 

$100 to $200

Class C 

$150 to $200

Class A 

$175 to $275

What About The Insurance And Protection Of My RV?

RVShare provides all the RV owners up to $200,000 in insurance. Plus, you get up to $1 million coverage for liability. 

Meaning — If your RV is damaged by any means, or the renter gets hurt inside your luxury motorhome and drags you to the court, you are covered.

Furthermore, you get the following perks for extra protection of your vehicle:

  • Renter security deposits

  • Customer service 

  • Roadside assistance 24*7

  • Renters’ DMV checks

New To Shared Economy Idea?

RVShare can help you out. They provide the necessary guidance and support throughout the ‘renting out your RV’ process. Their executives assist you with scheduling the renting, however cleaning, preparing your vehicle, and giving it to the renters is your responsibility. 

You get the complete freedom to decide the renters, price for rentals, and how many times you wish to rent out your RV. Getting to call your shots is simply outstanding and worth every penny. It not only gets you the best deal but also ensures your peace of mind.

Final Thoughts

Yeah, we understand that handing over your expensive toy to strangers can be a difficult decision to make. However, it is not that complicated if you dig a bit deeper. Your trailer, motorhome, or camper — all of these are fully insured and protected throughout their time with the strangers. Plus, RVShare will be there in the loop and help you make it seem like you have handed over your vehicle to your new friends. They never get you the lead unless investigating renter profiles, reviews, license checks, auto insurance and more.

Your one experience with RVShare can make you understand how beneficial this deal can be. You might even think of purchasing more campers and motorhomes and start making a large amount of money.