If you’re considering hiring out your motorhome on Goboony, you may be wondering if it’s more profitable to hire out than to sell. Let’s break it down for you.
Is it more profitable to hire out than to sell?
While selling your motorhome can make you a quick profit, there's a good chance you won't fully utilise its potential value. Opting to hire out creates the opportunity to generate consistent income, with average annual earnings ranging from £5,000 to £10,000. This allows you to partially offset the costs of your vehicle.
In the end, whether hiring out or selling is more profitable depends on multiple factors, such as the value of your motorhome, the costs to upkeep its maintenance and how much you intend to hire out. In the long term, it’s usually more profitable to hire out than to sell, but hiring out does require some extra time and effort.
The easiest way to decide for yourself is to explore how much you could sell your motorhome for by getting a couple of offers, and then compare these to how much you could potentially earn from hiring out.
Learn how much can earn from hiring out.
Benefits of hiring out your motorhome on Goboony
-Hiring out on Goboony is free
-You decide how, to who and when you want to hire out
-Hire out safely and with peace of mind by opting for our Goboony Day Insurance
-We provide support throughout the whole process
-We offer a secure third-party payment system
