Rent Out Car or Truck
Earn Money Renting Out Your Car or Truck
There are dozens of peer-to-peer networks that allow you to rent out — or rent — cars and trucks. These platforms offer value to both car owners and renters. Owners can make substantial sums renting out spare vehicles, while renters often enjoy better rates and a wider variety of vehicles compared to traditional rental services.
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Renting Out Cars and Trucks: What to Consider
Before listing your vehicle for rent, ask yourself:
- Is your vehicle a late model car or truck?
- Can it be used for moving large items, such as furniture or appliances?
- Is it a vehicle that would appeal to tourists or travelers?
- Do you have a classic car that could be rented out for special events, like movie shoots?
If you have a classic car, you might even be able to rent it to movie makers by the hour, which can be a very lucrative option.
Here are the best platforms for renting out your car or truck, and what they’re best for:
1. Classic Cars: Giggster
Giggster allows you to list your classic car for rent to filmmakers, photographers, and other creatives. These professionals typically rent cars by the hour, and they are often willing to pay much higher rates than typical tourists. You can set your hourly rate and specific rental terms, including whether or not the car can be driven.
Learn more about Giggster here.
Or list your car with Giggster here.
2. All Cars and Trucks: Turo
Turo is ideal for those who want to rent out their car to tourists. It’s free to list your vehicle, and you can set your own rental price. When your car is rented, Turo charges a commission for its marketing, collection services, and insurance. The commission rate depends on the insurance plan you select.
Learn more about Turo here.
3. Trucks and Vans: Fetch
Fetch is a marketplace specifically for self-service truck rentals. Both side hustlers and fleet owners list their trucks for rent, setting their own prices and availability. Fetch suggests prices, such as $10 to $25 per hour or $50 to $150 per day, but owners can adjust these rates. The platform simplifies rentals with keyless access, making it easier for both owners and customers.
Fetch takes a 20% fee for marketing and collection services. If you need commercial liability insurance, you’ll pay an additional 10%.
Learn more about Fetch here.
Or list your truck for rent with Fetch here.