RVshare is helping RV owners make payments and family vacations for less

Renting a spacious, comfortable RV can be hugely expensive, and a good number of people, who end up buying one, make payments all year long despite the fact that it sits idle 11 months of the year. But one local company has been making a giant stride in connecting RV owners with renters while helping families enjoy the RV life for less. They have also helped many RV owners turn a liability into a small business.

General RV in North Canton, has a fleet of completely new coaches that they rent out during the summer, and an entire department committed to training renters on how to operate them. Models that sleep 4 to 10 people average $1,500-2$,000 for weekly rental including 700 miles and generator time as well as insurance for both the renter and the dealership. Their rates are 10-20 percent lower than traditional RV fleets, and provide families more flexibility.

What was before now a money pit in the driveway has suddenly turns into a small business in a driveway for many families. The typical RV, most of which are financed, goes unused for 50 weeks or most times of the year. Now Investments of $20,000-$30,000 for travel trailers, and $60,000-$200,000 for driveable RV’s are now paid off through the Rvshare rental arrangements. Many owners are thrilled renting their RV to cover their payment.

Other RV owners after noticing the demand are also planning to make as much money as they can. Those who have been renting theirs have made as much as $80,000 in a year, from a single RV. More normal range is $20,000-$30,000 annually for spacious travel trailer which goes for $125 a night. This is certainly much less than hotels stay at most vacation destinations.

However, renting one of these vehicles isn’t like renting just any car. They are complex vehicles to drive and operate. A rental pick up will most likely take two-three hours because the owner will probably spend that much time showing the renter the best way to use the RV, take them for a test drive on the highway and back.

RV share additionally manages the deposit and payment process, insurance, and 24/7 roadside assistance, such as any towing or tire replacement needed.

RV Share’s Co-founder and CEO says that demand for the 30,000 RV’s listed on their site is higher than supply. They average 800,000 hits monthly and their staff has tripled during the past eight months.