04 Apr Own an RV? How you could earn over $50,000 per year
Broadry — Rentals for recreation vehicles continue to climb as more Americans are looking to safely explore the great outdoors while enjoying the comforts of home.
According to the RV Industry Association, a group that represents the majority of US RV manufacturers, nearly 12 million Americans already own a camper. That’s the highest number ever recorded — and more owners are on the way.
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But while more Americans are buying a vehicle, it’s rarely always in use. Data suggests many families use their RV about 30 days per year, or less. A common scenario is when an RV family enjoys a week-long stay at a campground and returns home. The rest of the time, the camper may be parked in a driveway or left vacant at a seasonal campsite.
Driving camping downtime into profitability
Owners are now turning their “vacant” campers into a side hustle opportunity.
Outdoorsy, an RV rental marketplace, says more families are now getting into the lucrative RV rental game, where it’s possible to make up to three thousand a week — or more — renting out a big motorhome. The demand is so high for booking campers, that some owners are even buying up and refurbishing more campers to expand their fleet.
One of the site’s most jaw-dropping success stories is from an owner in Colorado, B&B RV. The Denver-based RV owner made nearly $2.4 million this past year by renting out a variety of mid-sized motorhomes.
While most owners don’t turn into overnight millionaires, there is a good chance to make a profit by renting out a well-kept RV.
According to the site, owners can possibly expect the following estimated earnings on a 1 to 2 week rental:
Class A: $1,848 — $3,696
Class B: $1,561 — $3,122
Class C: $1,603 — $3,206
Camper Van: $896 — $1,792
Truck Camper: $875 — $1,750
Those interested in starting the process of renting out an RV can start by reading up on the process. Outdoorsy published a how-to guide for owners with tips on how to get their RV rental-ready and understand all the requirements and investment to make it happen.
Advertiser disclosure: Broadry features the latest travel news and trends from our members. If you buy something through a link on this article, that company may receive a commission.