Why Should I Rent My RV?

Is It The Right Option To Lend Your RV?

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Every year, thousands of newbies are joining the RV community. Not everyone can afford buying an RV. So for the initial phase of RVing, they can rent RV near Texas and start their new journey. 

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Why Should I Rent My RV?

Rather than dust settling and damaging your RV, you can rent it to someone. By renting your old RV you are welcoming a new comer to the community. You are introducing them to a new mode of lifestyle and they will get to explore the suitable RV for themselves. 

Pros Of Renting RV –

1. Income Source – 

Usually, the RV renting costs around a few hundred for a night. These hundred can cover your RV maintenance cost, personal expenses cost if you are fortunate enough then even your insurance costs. Additionally, for the new comers, this would be a cheap option to explore the RV life. So it is a Win-Win situation for both.

1. Frequent Usage

Come on you didn’t buy an RV to keep it in a corner and use it twice or thrice a year. If you are not using your RV frequently then it will damage the motor. We would advise please don’t get into this expensive repair headache! To avoid this you can rent your RV to someone so that the RV is in frequent use. With modern technology RV renting options near Texas have turned easy. Yes! Online portals are available where you can post about your RV rental availability and the people can contact you directly. So gear up yourself for the rental formalities. 

1. RV Community Expansion

Irrespective of the person being an expert or new comer while renting out your RV to somebody you tend to share your funny experiences and have some casual talks and expand your acquaintances’ list. Apart from this you share your mistakes with them, so they can avoid the same mistakes.

1. Enjoy The Spacious Area

Renting frees up the space. You don’t have to force fit things into the place. This freed up space can be either invested for a new RV or for storing your outdoor stuff. You are free from paying the storage rent and even if the RV is returned back to you, you can store them in near by RV parking areas. You can get parking spaces there at a nominal price. 

Cons Of Renting RV

1. Fear Of Handing RV To Strangers 

It is quite obvious that the RV that you have bought with your hard-earned money and cared for like a baby is been handed to someone else. Because they are the first timer having zero prior experience to use the RV and the RV equipment. So the risk of them messing up with your RV and your stress is completely valid. However, before lending your RV to the person make sure to clear the point that they won’t make any changes without your permission. 

1. RV Repair 

This is bound to happen as the RV has traveled for miles in various terrains. They are going to have wear and tear which you need to manage and maintain for your next usage. So save for the repair as well.

1. Shifting Your Items

While renting you need to give them the free space so that they can store their personal stuff. So this extra stuff has to be stored somewhere safe at home so that they will be easily available to you for your next trip. 

1. Need To Shed That Extra Income

You might enjoy the extra income today, but remember you need to pay tax for that as well. The moment you gave your RV to someone as a rental space, it has become a passive income for you. Don’t forget you need to take care of your RV insurance as well. 

The common FAQs asked by renters-  

1. Do We Need To Sign An Agreement For RV Renting?

Yes, you need to. This rental agreement requirement would differ from location to location. This states the basic information about the renter, driver, RV owner, policies, etc. Having an agreement with you keeps the air clear amongst both parties. 

1. Will My RV Be Still Covered Under Insurance After Renting It Out?

Of course, your vehicle is protected with insurance. Just make sure what kind of protection you have for your vehicle because every company tends to have a different set of policies and policy coverage. 

1. How To Find Rental RVs In Texas?

Online portals are available to help you out in renting out the RVs or else campgrounds have RV renting facilities which you can enquire through their website. 

Just like renting out any other vehicle, renting RV is also a normal thing. Choose the best RV rental in Texas. For more information, visit Karstens RV park, Texas, or contact us.