Renting out a motorhome

Discussion in 'Motorhome Chat' started by joner8888, Nov 28, 2014.

  1. joner8888

    joner8888

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    Had a customer in recently with some body damage to her motorhome.
    She explained that she rented it out all year.
    The prices she charges are between £600 to £400 per week depending on the seasons---- sounds tempting !
    Is this worth looking into or is it as i imagine --ending up with huge repair bills?
     
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  2. StitchesnFluff

    StitchesnFluff Funster

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    Too frightened that my precious would not be looked after!
     
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  3. Speve

    Speve Funster

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    We use ours all year round but I don't think we would have other people using our pride and joy to risky,I would think insurance would be high as well
     
  4. DBK

    DBK Funster

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    I guess the answer is in the OP - the MH came in with some body damage! Dread to think what the insurance costs but I guess like a hire car the hirer pays the premium.
     
  5. jonandshell

    jonandshell Funster

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    We would hate the thought of the potential damage hirers could do to the fragile fittings in a motorhome!

    I wonder how much of that £500 a week is actually profit once you take into account the extra wear and tear and repair bills?
     
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  6. trekkin

    trekkin

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    Not sure of the size of the OP motorhome

    A lot of motorhomes are hired out for entertainment/events/ festivals accommodation only and do not include self drive. We like the motorhome life as there is a lot to be said for sleeping on your bed and sitting on your own loo seat, so not sure that I would be keen to let someone else use them, even if it generated a small income
     
  7. Vlad The Impaler

    Vlad The Impaler

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    I've often thought thought there's money to be made in renting however I wouldn't rent my own van out !
    I was thinking more along the lines of if you bought a couple of older Hymers ,a bit of a spruce up,new upholstery carpets etc then rent.
    The depreciation on older vans is very little so if done well the refurb could add value to a van that's making you money,win win.
    As long as you were well insured and didn't get attached to the vans whats the worst that could happen?



    Vlad the entrepreneur !
     
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  8. davidbaldam

    davidbaldam Funster

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    We bought our van from a bloke who thought he was on to a winner renting it out but he only had a few rentals so got fed up and sold it to us fully loaded and very cheap. Good for us but not for him. (y)
     
  9. TheBig1

    TheBig1 Funster Life Member

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    you should see the state of most exhire vans. premature ageing doesnt come close to describing the condition
     
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  10. hilldweller

    hilldweller Funster Life Member

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    Insurance, neglect, deliberate abuse, scams, maintenance - it certainly is not easy.
     
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  11. joner8888

    joner8888

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    I see what you mean , but up to £2400 per month is a lot compared to a flat/ house rent and for some hassle is a good income
     
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  12. Puddleduck

    Puddleduck Funster Life Member

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    You wouldn't get that every month though.

    Say a maximum of a couple of weeks at Easter, 8 weeks in the summer and a week in October. Anything more than that would be a bonus.
     
  13. bigfoot

    bigfoot Funster

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    At one time I had 2 motorhomes and did consider renting one out,but I received an offer I couldn't refuse. Earlier this year I was filling up at a garage and a guy asked me if I rented it,he was willing to pay £3k and insurance for a w/e so that he could go to the British Grand Prix which was the same w/e as Glastonbury. The festival season is when hire rates skyrocket,thats were the most money can be made.
     
  14. joncris

    joncris

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    I do believe that hiring through the motorhome hire website means they provide insurance and recovery in the event of an accident. Also they take a £1,200 deposit from the hirer to cover damage. Looked into it myself to hire out our previous Hymer Camp but decided agin it
     
  15. joncris

    joncris

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    Ours is ex-hire and its spotless AND best of all it was relatively cheap
     
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  16. pappajohn

    pappajohn Funster Life Member

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    In my opinion you need to do this as a business and as such a motorhome would be an asset, not a possession, to be used solely for hiring.

    Like hiring a car....the hirer could drive it like they stole it, dont care if it blows up or catch's fire etc....they took insurance to cover that.
    But you could be out of action, and income, for some time.
     
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  17. TheBig1

    TheBig1 Funster Life Member

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    there is always going to be exceptions, where the hire company are very fussy, but from experience most of those I have seen needed more work than was profitable for me to take on. motorhome furniture and fittings dont take well to abuse and quickly deteriorate when used roughly
     
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  18. joncris

    joncris

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    Or as its a business you could buy Loss of Profit Insurance
     
  19. pappajohn

    pappajohn Funster Life Member

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    Which, in turn, eats into your profits and MAY cost more than your actual loss over a year.
     
  20. joncris

    joncris

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    I don't doubt you experience for one minute However ours was showroom mint when collected it AND its got a manufactures warranty on both the chassis and the body. Even the gas pro bottle was full as was the fuel tank AND it was supplied with all of the kit everything from pots and pans, knives and forks etc Microwave AND a TV/DVD player Oh! and road taxed ALL FOC
     
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