Given the glorious summers we’ve had in recent years, you might be forgiven for holding on to your motorhome with more than a little jealousy.
Sadly, though, there are very few of us who have the opportunity of spending every waking moment in our cherished motorhome. There are going to be too many days when it has to sit idly in the driveway.
But the very attraction which keeps your motorhome so close to your heart is likely to captivate many other people too – those who are looking for a short break or holiday with a difference, or those who might be thinking about buying one for themselves and want a first-hand experience before doing so.
By renting out your motorhome – especially if it is one so highly sought-after as an Auto-Sleeper – you might ensure that it is not only being put to maximum good use, but you may earn a tidy amount of cash into the bargain. If nothing else, the income might help to cover the costs of maintenance, servicing and repairs.
Renting it out
You might already know or have been recommended someone who wants to rent your motorhome, but in many cases, it might mean advertising its availability.
When creating your advert, remember to give clear and precise dates on which it is available, an accurate description of its condition, size and how many people it may comfortably sleep. And, of course, the daily or weekly rental charge.
As you begin to receive expressions of interest, make sure – for your own security and peace of mind – to find out as much as possible about any potential renter. It’s your motorhome after all and you’ll want to know that it’s in a safe pair of hands.
Once you have established a degree of mutual confidence, you may arrange to meet and handover your motorhome for the agreed period. It is worth having put the homework into drafting a formal hire agreement, inventory and check list of “dos” and “don’ts”.
Run through these checklists carefully and remember to accept the renter’s money before the agreement is signed and you hand over the keys to your motorhome.
In this day and age of the internet, there are websites and apps that offer to take over all this hard work on your behalf.
They have ready-made formats for advertising and listing your motorhome, pre-screen potential renters on your behalf, have pro-forma rental agreements, and also arrange to handle the collection and processing of rental payments.
One of the most important aspects of renting your motorhome to someone is the question of motor insurance – it is essential for both you and your renter’s peace of mind and security. Both of you are at risk of breaking the law if the insurance cover is inappropriate or inadequate.
An article in the Sun newspaper on the 1st of December 2018, describes a number of apps which are already in use by car owners renting out their vehicles. This also stresses the importance of making things absolutely clear to the current insurers of your motorhome – renting it out might invalidate some policies – and, if necessary, arrange specialist motorhome insurance that specifically covers your renting out the vehicle to others.