Big names eye UK peer-to-peer motorhome rental market
Two big players in the international private motorhome rental sector now have a presence in the UK – Camplify and Yescapa
The business models are built on private motorhome owners renting out their vehicles when they do not need them to those wanting to take a motorhome holiday. The online companies essentially put the renters in touch with the owners. They take a commission on the rental but, nevertheless, they reckon owners can make a substantial additional income from their motorhome that would otherwise sit idle.
Yescapa says it’s the biggest peer-to-peer rental operator in Europe, with some 3,733 vehicles on its books. It reckons owners can make up to £500 a week loaning out their motorhomes.
Camplify comes to the UK via Australia, where it was set up in 2014 and, within two years, had the largest rental fleet in the country. Founder Justin Hales says: “With so many people embracing Camplify’s RV-sharing community in Australia, this move seemed a natural fit. We’re excited to be expanding into the UK marketplace, with European destinations also looking probable later on.”
Camplify’s UK CEO Chris Laxen adds: “Income possibilities vary. However, the average four-berth motorhome will return between £350-£400 per week in low season and up to double that in high season. Lots of owners will make between £5,000 and £10,000 per year.”
Yescapa says: “Every rental is insured by Allianz and a 24/7 roadside assistance provides peace of mind,” adding: “Every user’s ID and driving licences are checked as Yescapa is well aware that trust is the major aspect of a peer-to-peer interaction.”