Should I rent Out My RV? The Pros and Cons of Renting Out Your RV
If you’ve considered renting out your recreational vehicle it’s important to consider all of the pros and cons. Learn the pros and cons of renting out your RV and options for listing.
You bought a recreational vehicle because you love vacations and the freedom of the open road but it’s just not possible to be in your RV all the time. This is why many consider renting out their RVs to make money when they are not using it.
Should I Rent Out My RV?
Can you make money renting out your RV? Absolutely. But is that the right thing for you? Here’s a look at the ins and out of RV owner rental programs, as well as the pros and cons of renting out your RV. Read on to learn whether or not RV rental is a good idea for you and your recreational vehicle.
The Benefits of Renting Out Your RV
Looking for reasons to rent out your RV? Here’s a look at the five main benefits you could enjoy:
Make some extra cash: This one’s easy. You can make some extra money by renting out your RV. While you love the RV lifestyle, your vehicle does cost money, and renting it out can help you offset the costs related to purchase, maintenance and upgrades. In fact, some owners who choose to rent out their RVs make enough to offset all their costs.
- Avoid paying for storage: It’s not just about the money you make while renting out your RV. You should also consider the expenses you avoid. For example, when you’re renting out your RV, you don’t have to pay for storage. You get money coming in from renters and you save money that you would be spending on storage.
- Meet new people: If you own an RV, you’ve no doubt discovered that there’s a community of others who are passionate about the RV lifestyle. When you rent out your RV, you naturally meet others who love the lifestyle or who are just now discovering it. You begin to grow your community and network of friends.
- Enjoy peace of mind: Today’s RV sharing services are designed to limit your risk and increase your peace of mind. With RV sharing, you choose when you rent your RV and who you rent it to. Platforms like Outdoorsy offer in-depth renter profiles – including reviews – so you have all the information you need to decide.
- Share the spirit: When you rent out your RV, you’re choosing to open up the RV lifestyle to others who may otherwise never experience it. You share the spirit of the RV world and help expand an already thriving community.
Potential Drawbacks of Renting Out Your RV
Everything has its drawbacks. Here’s a look at the some of the reasons you may not want to rent out your RV.
You may have to:
- Move your stuff: One of the inconveniences of renting out your RV is moving all of your personal stuff out of the vehicle each time it’s rented. This process may be time-consuming and more of a hassle than anything.
- Worry about wear and tear: When you rent out your RV, someone else is putting miles on it and wear and tear that comes with normal usage.
- Face stress and anxiety: If you can’t relax while your RV is being rented out, it may not be worth it. At first, you may feel a bit uneasy as you watch someone drive away in your vehicle. This should pass.
Use an RV Owner Rental Program Like Outdoorsy
Modern RV owner rental programs are designed to protect the owner. A program like Outdoorsy’s is among the best because of the lengths it goes to protect owners and their vehicles and provide peace of mind. The benefits using Outdoorsy include insurance coverage, 24/7 roadside assistance, DMV driving history checks and renter reviews.
Everything that an owner would want is anticipated and included to help your peace of mind as an owner and to ensure that both parties enjoy a positive experience. Outdoorsy does everything possible to make sure every detail of the RV rental goes smoothly and makes facilitating the rental of your RV when you’re not using it a breeze.
Making the Decision
Many are choosing RV owner rental programs that can create a stream of revenue. Can you make money renting your RV? The answer is yes, and a site like Outdoorsy can make it easy and convenient to rent your RV.
List your RV with Outdoorsy today!