RV rental consignment, also known as RV management or RV fleet management, is a business model where an RV owner partners with a rental company to rent out their RV. This arrangement can be profitable for both parties, as the rental company gets to offer more variety to its customers, and the RV owner can earn income from their RV when they’re not using it.
How RV Rental Consignment Works
In an RV rental consignment arrangement, the RV owner and the rental company enter into a contract outlining the terms of the partnership. The rental company typically handles all aspects of the rental process, including marketing the RV, booking rentals, handling customer service issues, and maintaining and cleaning the RV.
The RV owner keeps ownership of the RV and makes it available for rental during agreed-upon times. The rental company takes a percentage of the rental income as a fee for their services, and the RV owner receives the rest.
The Benefits of RV Rental Consignment
There are several benefits to RV rental consignment for RV owners. In a previous article here, we outlined more detailed pros and cons of consignment programs.
First, it offers a way to make money from an RV when it would otherwise be sitting unused. This can help offset the costs of owning an RV, such as maintenance, insurance, and storage fees.
Second, RV rental consignment can save RV owners a lot of time and effort. The rental company takes care of all the details of renting out the RV, so the owner doesn’t have to deal with marketing, booking, customer service, or maintenance. This can make RV rental consignment an attractive option for people who want to earn income from their RV but don’t want the hassle of managing rentals themselves.
Finally, RV rental consignment can offer a level of security for RV owners. Rental companies typically vet renters and carry insurance to cover any damage to the RV, so the owner can have peace of mind knowing their RV is in good hands.
To see how RecNation Rental’s Consignment Program works, check out this article here and our website here.
RV rental consignment can be a win-win for RV owners and rental companies. Owners get to earn income from their RV without the hassle of managing rentals themselves, and rental companies get to offer a wider variety of RVs to their customers. However, like any business arrangement, it’s important for both parties to understand the terms of the contract and to communicate openly and regularly to ensure a successful partnership.
If you are an RV owner looking to rent your RV without the hassle, join the RecNation white-glove consignment program where we match you with a professionally operated rental fleet. They will handle everything from renter questions, schedulings, pickup/drop-off and more.
