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Old 07-31-2012, 06:36 PM   #15
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I would never rent my RV out to anyone. Watch the Robins Williams movie RV. While things are exaggerated, they are still very true. Most people renting an RV are pretty inexperienced and don't really care as they do not own it.

As a rental, it will get a lot of hard use over a short time and then when it looks worn, no one will want to rent it. Now you have a worn out RV and no one will want to buy it for a reasonable price.

Another way to look at this is if it was such a great deal to rent them out, why isn't the company buying them out right and renting their own unit out.

Ken
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Old 07-31-2012, 08:31 PM   #16
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Another way to look at this is if it was such a great deal to rent them out, why isn't the company buying them out right and renting their own unit out.
What a VERY-good question to ask!!

I suspect there are a lot of "answers" in the answer.

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Old 07-31-2012, 08:40 PM   #17
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All good thoughts, exactly why this is such a great forum. Cruise America of course rents RVs by the hundreds, perhaps I'll leave that business to them and we'll get back to the serious business of enjoying the heck out of ours.
Thanks all
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Old 07-31-2012, 08:58 PM   #18
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For all the reasons mentioned I would sell my RV before I would ever rent it!
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Old 07-31-2012, 08:59 PM   #19
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I'll leave that business to them and we'll get back to the serious business of enjoying the heck out of ours.
Thanks all
that's what we buy them for
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Old 07-31-2012, 11:32 PM   #20
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Not everyone has the same outlook, so I can see it working if your not too particular and it might be the only way you can own one and afford it. I wouldn't do it because I'm too damn particular but that don't mean it won't work for you.
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Old 08-01-2012, 08:59 AM   #21
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I am not sure I understand the term "rental pool" but it sounds like what the aircraft industry calls "lease back" where a plane owner leases use of their aircraft to some kind of flight charter/FBO operation. The owner has first dibs on scheduled use of the aircraft in most cases. This is something that has been done from single seat to executive jet aircraft. In a few cases I am directly familiar with the leasing organization was responsible for making sure aircraft maintenance was performed including wear and tear. The owner of the aircraft would "rent" the aircraft for use. There is a bit more to it but it works well for many.

OTOH...

There are many flight clubs that require purchase of "shares". In such cases, a properly controlled group of folks with skin in the game (partial ownership) have more at stake in keeping the aircraft in good repair. Generally incorporation is a smart move. Shares are collateral for members to cover defaulting and failure to pay dues and any other financial obligations created by the use of the aircraft.

So, if I were to consider some kind of renting out of my rig, I would tend to look into the option that best fits my needs. Not sure either of these exist in great numbers in the RV world but at least it is something to look into.
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Old 08-01-2012, 09:10 AM   #22
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Just remember, if the FBO has 3 identical planes for rent and they own two and the third is yours, who's gets used the most? All your doing is keeping the repair shop going. Been there ,done that.


Only way I'd do it if it was a tax advantage and I had a back up unit and never wanted to use the rental again.


AND you can't ever have enough insurance if someone runs over somebody with it and says the brakes failed. If you rent, get your name off of it.

Can you visualize somebody slamming through a McDonald's drive through with it?
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Old 08-01-2012, 09:10 AM   #23
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If you do this, be sure your insurance co. will cover it under commercial use. If there is a lender involved they may have some objection to using the MH in a commercial endeavor. Not a good idea to rent out and then try to collect on a damage claim.
My lender and insurance both asked me if I was going to. Actually I think my lender told me that I can not.
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Old 08-01-2012, 09:19 AM   #24
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My father, myself and my sisters father-in-law all had motorhomes. Someone talked "Dusty",my sisters father in law, into renting his new motorhome. Dusty called my father and told him he should rent his. My dad called me and I advised him against it. I told him that people who rent motorhomes have no stake in the ownership and will not treat it as if it were theirs. A year later the coach was in shambles. The generator was using oil. The engine was using oil. and the inside of the coach looked much older than its year and a half life. Dusty traded the coach in and never rented his new coach.
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Old 08-01-2012, 09:28 AM   #25
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Hi fellow RVers,
We have been approached about putting our class A RV into a rental pool and wondered if anyone out there has had any experiences with this. Would be very appreciative of advice, warnings or encouragements.
Thanks
Steve and Karen
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I'd put mine in a lake before I'd put it in a pool. End result will likely be the same.
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Old 08-01-2012, 09:38 AM   #26
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There are many flight clubs that require purchase of "shares". In such cases, a properly controlled group of folks with skin in the game (partial ownership) have more at stake in keeping the aircraft in good repair. Generally incorporation is a smart move. Shares are collateral for members to cover defaulting and failure to pay dues and any other financial obligations created by the use of the aircraft.

So, if I were to consider some kind of renting out of my rig, I would tend to look into the option that best fits my needs. Not sure either of these exist in great numbers in the RV world but at least it is something to look into.
Hmmmm......... Block time on a motorhome, interesting concept.

Of course I'd be more concerned about it being a 'wet rental' instead.

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Old 08-01-2012, 09:39 AM   #27
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All good thoughts, exactly why this is such a great forum. Cruise America of course rents RVs by the hundreds, perhaps I'll leave that business to them and we'll get back to the serious business of enjoying the heck out of ours.
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Thanks all

Cruise America doesn't rent Country Coaches, they rent a low end plane Jane for financial reasons. Your Coach is just not the right profile for renting. Perhaps if you sold it and bought two of something else with the money this would be a viable deal.
When you buy the best protect it, you have more to lose.
Just MHO


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Old 08-06-2012, 02:57 PM   #28
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Was at my local RV dealership when the rentees were returning the rigs.
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