Unlock Additional Income: Harness the Power of Your Truck or Cargo Van by Renting it Out.

SIDE GIGS
Need Some Extra Cash? Consider Renting Out Your Truck or Cargo Van
By Marc Andre
Updated January 10, 2023

Have a truck or cargo van just sitting around? You might not realize just how handy these vehicles are. Whether someone’s changing apartments, moving furniture, carting around a bulky appliance, or just needs some room for big errands, there’s often a truck or van need.

And here’s where you come in: a lot of people and small businesses don’t have their own truck or van for these jobs, but they’ll happily rent one. If you’re okay with it, your truck or van can be a money-machine for you.

Your wheels being rented out to others is an easy way to rake in some cash, and it might be more profitable than you think.

Why should you consider renting out your truck or cargo van?

Extra Money: If you’re looking for some cash in your spare time outside of your main job, renting out your truck or van may be your golden ticket.

Instant Cash: Some side gigs need a lot of work before you see any cash. But with your vehicle rental, you can start making money right away.

Passive Earnings: Rental side gigs don’t have to steal your time. Your truck or van will earn for you with barely any effort from you.

Business Potential: Renting out a truck or van can even become a serious business, with a growing fleet of vehicles if you’re interested.

Overall, making money with a pickup truck is a solid move.

How much can you make?

According to Fetch, a platform we’ll get into later, you can make up to $1,800 a month by renting out your truck or van. When you partner with them, you’ll get 65% – 80% of the rental fee. They’ll even help you price your rental and suggest ways you can earn more, like offering moving supplies or pre-paid cleanings. Oh, and Fetch pays its vehicle owners twice a month. In the first 90 days of listing a vehicle with them, they guarantee you’ll make at least $1,500 (this goes for up to five vehicles).

What is Fetch?

Fetch is a handy app where people can easily rent pickup trucks, cargo vans, and box trucks by the day or hour. They can reserve and pick up a vehicle anytime using the app. But it’s not just for customers: if you own a truck or van, Fetch is an awesome platform to make extra money. You can list your vehicle (or even a full fleet), and Fetch sort out pricing, promotion, managing your listing, and customer service.

How do you rent out your truck or cargo van?

Renting out your vehicle is easy-peasy on Fetch. Simply create an account, list your vehicle, and Fetch promotes it to potential renters while also handling payments, customer verification, and support. One thing that makes Fetch a truly hands-free choice is their smart device, which you can install on your vehicle. It lets renters access your vehicle without you needing to meet them, and even tracks things like location, mileage, and fuel level.

Where is Fetch available?

As of February 2022, Fetch is in many cities and states, and they’re still expanding. Big cities on the list include Atlanta, Los Angeles, Philadelphia, Miami, and Washington, DC among others. You can check availability in your area on their locations page.

What vehicles can you rent on Fetch?

Your vehicle needs to be a pickup truck or cargo van made within the last 12 years, without a salvage title, and with up-to-date registration and insurance to qualify. If you’ve a rental business with commercial insurance, you can also list box trucks (12 feet or less) for rent.

Is it safe to rent out your truck or van?

Fetch insures peer-to-peer rentals and coverage plans, so you’re covered. If you already have your own commercial insurance for a rental business, you can opt out of Fetch’s coverage. Their policy offers $1 million in liability coverage during the rental (except when it’s not rented out). You can find more details on their website.

Final thoughts

While there are plenty of ways to make some extra cash, renting out your truck or cargo van stands out as it’s high on potential returns and low on time requirement. It’s something you can do without stretching your schedule, and the earnings might surprise you.

Naturally, you’ll have to think about factors like extra mileage on your vehicle, but if you’re a truck or van owner looking for a passive way to boost your income, Fetch is worth a look.

Head over to Fetch’s website if you’re keen to learn more.