Explore why investing in a camper van is a smart move—not just for living the vanlife, but also for creating a profitable side business by renting it out!
The joys of owning a Noovo Van are seemingly endless.
We get to experience the freedom of the open road while enjoying all the comforts of home in our camper van. We work remotely with Starlink satellite internet, keep our living room in the Noovo Plus, and enjoy a home-cooked meal while watching the sunset in a national park.
But, for most van owners, the road-trip eventually comes to an end and we have to go back to “real life.” This means parking your van until the next adventure. It seems like a waste to have your beautiful and cozy campervan just sitting in the driveway.
Well, we have the ideal solution: rent it!
A source of passive income is just sitting in your driveway, and you can make money without having to do anything! If you own a camper van, you're sitting on a goldmine. Rent out your camper van while you are not using it and make a little extra cash while sharing the joy of #vanlife with others!
Whether you’re looking to rent your vehicle for a few nights a month or start your own van rental business, we will delve into why camper van rentals are a smart financial move. We'll explore the advantages of renting your Noovo Van, different rental options, important logistics to consider, and answers to common questions to help you get started. So, keep reading to discover how to turn your campervan into a money-making machine!
Your Noovo Van is more than just a mode of transport; it's a lifestyle, a ticket to adventure, and can even be a source of supplemental income.
You can choose between renting it for others to take on road trips, or you can simply use it as a place for people to sleep in while visiting your town. Or maybe you realize that there is a market for more van rentals and you want to create your own little fleet to share with the world. No matter how you approach the van rental business, your Noovo Van is waiting to make you money!
Turning your campervan into a rental business is not only a smart financial move but also a way to share the joy of vanlife with others. Let's explore the advantages and considerations that come with this exciting venture.
The primary motivation for renting your campervan is the extra income it can generate. If you're not using your van all the time, why not let it fund your future road trips, monthly payments, or maintenance costs? Below we provide an estimate of how much you can expect to earn each month.
Owning and maintaining a camper van can be expensive. Renting it out helps offset these costs, making it more economical to own and use your personal Noovo Van.
Instead of letting your campervan sit idle, put it to good use by renting it to other adventure-seekers. This keeps the engine of our vehicle healthy and can also keep you from having to winterize or store it when not in use. You'll maximize the utility of your van and help others experience the thrill of life on the road.
Renting your camper van allows you to share your love for vanlife and the great outdoors with like-minded individuals. It's a chance to build a community of fellow vanlifers and score some parking spots across the country. There are also so many people who are interested in owning a van, but want to try one before buying, so you are filling a need in this market!
We have an awesome Noovo Ambassador program as well, which gives you the opportunity to earn money for each new customer you refer. Once the customer receives their new Noovo Van, you will receive your bonus and they get a discount. Win-win!
Perhaps you don’t own a personal Noovo Van yet, or maybe you’re interested solely in the investment aspect. The campervan rental business model works equally well in this situation. Simply purchase a Noovo Van (or multiple vans; the sky’s the limit!) and start renting it out as much as physically possible. You could also purchase one van, then use the profits from renting it to buy another, and then another, in time building a full-blown camper van rental business of your own.
The Noovo Plus lounge room
All our vans come with a self-supporting electrical awning
Before you list your van for rent, there are several important factors to consider. These considerations will ensure a successful and hassle-free rental experience for both you and your customers. And remember, your Noovo Van doesn’t necessarily have to physically travel to be rented.
If you have available property or a unique location, you could set it up in a fixed place and rent it as a glamping site. Invest in the materials to build a custom deck and outdoor kitchen or fire pit area, add some string lights, and provide the necessary supplies for renters to have unique adventures without ever needing to leave! Better than camping and hotel stay reunited!
There are also so many people who are interested in owning a van, but want to try one before buying, so you are filling a need in this market!
Noovo offers a "Try before you Buy" program, contact us for more info, whether you'd like to try one of our vans, or rent out yours!
Here are some factors to consider:
Make sure to research the current rates and availability of other van rentals in your location. Setting the right rental price is crucial. It should reflect the market demand, your van's amenities, and the overall quality of the experience you provide.
The comfort of your renters is paramount. All of our models offer a comfortable RV queen-sized bed to sleep on, as well as a smaller bed for a child in the dining area in the Noovo Lite, a pop-top tent in the Noovo Pop, or a spacious convertible sofa bed in the Noovo Plus. Both the driver and passenger seats swivel around to use as seats at the table or as extra seating.
There are more amenities in the Noovo Vans than we can list! From fully-functional kitchen and ample storage space, to pop-up smart TV and self-supporting awning, there are so many features to attract people to your van. Put a local bag of coffee and map of nearby trails on the table as a welcoming perk!
The Noovo Van comes with a full-size toilet and on-demand hot shower. Make it clear to your renters on how to use the bathroom, what to expect, and how to properly clean them. If you are renting it from your own property, let them know if they can use your bathroom and share your privacy policies.
Many travelers bring their furry friends along. Decide whether you'll allow pets in your van and if so, set some ground rules to keep your van in top shape. The storage area below the bed in the Noovo Lite and Pop is often pets’ favorite place for a bed or crate.
Protect your investment by ensuring you have proper insurance coverage for your campervan, and make sure renters understand their responsibilities for any damage.
Consider the age of renters. Some areas may have age restrictions, especially for those who want to drive the van themselves.
Decide if you want to offer one-way rentals, where renters can drop off the van at a different location. This can expand your market reach but requires additional logistics.
No matter which platform you use to market your campervan, make sure to block off the times when you plan on using it, so you don’t double book yourself! Also ensure time in between rentals to clean and prepare the van for the next visitors.
In the case of Noovo specifically, our vans stand out from others in several ways. Therefore, they’re highly coveted by renters. Compared to other rental vans available on the market, Noovo vans are:
With several camper van companies, you’ll still need to find hookups in order to enjoy all the vans’ features. Noovo vans are entirely self-contained, so you can truly roam wherever you want to.
Did you know that most national parks and festivals such as Coachella have strict regulations on maximum vehicle size, preventing traditional RVs from camping in the park and in some cases, even entering?
Our camper vans come adventure-ready, so even if someone has never so much as stepped foot in one, they’ll immediately be comfortable with driving it and using all the various functions. We have user guide books that comes in hand for our road-ready vans.
Many vans are either super functional or attractive, but rarely both. Noovo vans feature a sleek European design element that’s not only stylish, but comfortable, spacious, and functional, as well.
You’ve probably seen that there are several companies out there renting brightly-colored vans that you can’t miss? Noovo vans are far more subtle.
For reference though, most of our owners rent their Noovo vans for anywhere from $150-300 per night. There are several studies out there supporting this figure, with the most accurate data suggesting that most people earn between $12,000-30,000 per year with a single van.
Even at the lowest end, wouldn’t an extra $1,000 per month be nice?
Renting your camper van is a fantastic way to combine your passion for the outdoors with a profitable side hustle.
By considering the advantages, setting competitive pricing, and addressing the listed considerations, you can turn your camper van into a source of income while sharing your love for vanlife with others. Instead of your Noovo Van collecting dust, let it collect dollars!
Ready to embark on this adventure? List your camper van for rent and start your journey today!
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