We offer Vehicle Management Solutions, better known as Consignments. We rent out your camper for you, and you make passive income! This is a popular option for those looking to pay down their loan quicker and make extra money without doing any work!
Consignment is the process of hiring someone else to rent out your RV for you.
Earning potential is based on a number of factors including the time of year, the availability of your unit, the age and model of your RV, how many it sleeps, whether it is a Travel Trailer or a Driveable RV, the general appearance, and a bunch of other things.
During peak season, it's possible to make $1000 - $2500 in a month, depending on your unit.
Feel free to reach out with more information about your RV and we'd be happy to give an honest estimate on what we believe your RV can make.
Consigning is a great way to make passive income. During the consignment period, we offer FREE storage, some routine maintenance, and we handle all the work!
Absolutely! We have consignment plans that allow you unlimited use of your RV, whenever you like. All we ask is that you either schedule your use in advance, or for a last minute trip make sure your unit is not already booked by a customer. When you do use your unit, it will be cleaned to our high standards, ready for you to hit the road! Just bring your belongings, and take off! When you return it, just take your belongings out and head home; we will take care of the rest!
We keep track of all routine scheduled maintenance and we provide some of that maintenance in-house. For maintenance we don’t provide, we can arrange to bring the RV to a nearby repair shop for you. We will let you know when your RV is scheduled to receive maintenance.
We equip all of our rental units with GPS trackers so when your RV is out on a rental we know exactly where it is at all the time. It will even tell us immediately if a renter is excessively speeding or going someplace they were not authorized. We understand how important your RV is to you, and our priority will always be to keep it safe!
Renter Screening is a HUGE deal in our books. In order to protect you, ourselves, and your RV, we thoroughly screen all potential rental customers several days in advance to allow time to catch unforeseen discrepancies. If we are not 100% satisfied with the Renter, we don't release the RV to them. Simple as that.
Consignment owners are paid as 1099 MISC contractors. Payments are made monthly and by paper check or direct deposit. Each payment will include a detailed summary of the month prior's report.
Your RV is your investment, and we respect that! We allow you to decide whether your RV permits smoking or pets. If you tell us your RV is non-smoking or pet-free, we have a ZERO tolerance policy, PERIOD! Upon return, each RV is inspected for damage or evidence of smoking or pets. Since our fees for disobeying this rule can exceed $500, we rarely have issues with this rule being ignored. Although, we don't stop there! If a renter disobeys the no-smoking or no-pet rule, we perform an extreme deep-clean and deodorizing process. We don't give up until we are satisfied it is as clean as it will get!
All renters are charged between $500 - $2,000 as a security deposit, and any damage to your RV is quickly and professionally repaired and taken from the security deposit. Any damages in excess of the deposit are still fixed and claimed under our insurance. We do have a detailed checkout and renter orientation on each rental, which greatly reduces the chances of damage to a unit. Although, if at any time we don’t feel comfortable with a renter we will cancel the rental. We also take before and after pictures of the RV every rental.
Renting out your RV yourself is a lot more work than you may realize. You'd be responsible for getting commercial insurance, as your regular insurance will not cover rentals. You'd also have to spend your time detailing & deep cleaning your unit before each rental, screening potential renters, taking payments, completing a rental contract and giving each renter an orientation to show them how everything works. Oh, and don't forget advertising! Even if you manage to tackle all these chores, the work doesn’t stop when they leave with your unit. You'd have to be glued to your phone in case of emergencies and to answer questions about how to operate the RV. Why bother? Just leave it to us to do the hard work!
Email us at Consign@midmichiganrv.com or call us at 989-310-3110 to get started or if you have any questions!