A motorhome hire agency or campervan hire agency is a type of vacation rental company, which hires privately-owned motorhomes or campervans to customers. The practice is common in the United Kingdom, where several agencies dominate the market, and has more recently gained popularity in the United States.
Motorhome hire agencies emerged in the United Kingdom in 2005, after motorhome hire as a practice began to take off with holidaymakers in the UK. In recent years, these agencies have gained prominence for two main reasons. Firstly, numerous motorhome owners in the UK have sought to generate additional income by renting out their vehicles, partly driven by concerns about the potential repossession of their motorhomes.[1] Secondly, UK holidaymakers have been actively exploring cost-effective alternatives to overseas travel, while international travelers visiting the UK have benefited from a favorable exchange rate.
Campervan and motorhome hire comparisonedit
Campervan hire vehicles are generally smaller than their motorhome counterparts. The height, length and width of the vehicle will be smaller and the maximum mass will also be less. As a result, campervans will be easier to drive with some being almost like driving cars (especially campervans that are based on the Ford Transit or VW T series) and suitable for most driving licences. Contrastingly, motorhomes will offer more space and facilities. Insurance with campervan management companies is often cheaper and this results in an overall lower total hire cost.[2]
How it worksedit
The concept of motorhome hire is similar to that associated with holiday cottage rentals. Motorhome owners list their vehicles with a hire agency. The vehicle is typically given an online profile and marketed by the hire agency.
Bookings come through the agency and the company deals with all the financial matters and insurance. The customer is then able to collect the motorhome from the owner and the owner is paid a fee.
Most businesses in the United Kingdom operate on a commission basis. For example, hirer X may pay £1000 for a 1 week hire. The motorhome hire agency will then subtract the VAT and insurance costs before paying a commission percentage to the motorhome owner. The percentage paid varies between different companies with some paying 50% or lower, and some up to 75%.
Whilst the vehicle is on hire with the agency it is protected by their insurance and breakdown cover. In the event of damage or an accident, the motorhome hire agency will retrieve the necessary cost of repair from the hirer.
Any motorhome owner can register their motorhome with a hire agency provided that they can supply it in clean working order to customers.
Taxable incomeedit
In the UK, residents are required to declare income from the hire of motorhomes, whether privately or through an agency, to HM Revenue and Customs. This applies whether the overall earnings are below or above the taxable threshold.
International marketedit
Campervan management companies are spread across the globe in response to the boom in the hire market. Campervan rental has become very popular in New Zealand, with many considering self-drive holidays to be one of the best way to the landscape on rural roads which are traffic-free compared to those found in other countries.[citation needed]
In the UK, campervan management companies cater to festival goers by offering a solution to the traditional rain and mud-soaked tent environment.[3]
Industry developmentsedit
The first major motorhome hire agency industry development came in 2006 when the first online availability search was implemented by Motorhome Group. This was also coupled with online booking; allowing customers to book and pay for privately owned motorhome over the internet. At the same time, motorhome owners could log onto an online profile to track the status of their bookings and edit their motorhome information.
Another development which was introduced in 2009 is SMS notifications. Text alerts are sent to motorhome owners when their vehicle receives a booking with the motorhome hire agency.
Referencesedit
^Power, Ely (24 July 2019). "Complete Guide To Renting Out A Motorhome In The UK". camplify.co.uk. Retrieved 18 September 2021.
^"Motorhome, Campervan and Caravan Rental in Australia - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)| IBISWorld". www.ibisworld.com. Retrieved 2024-01-20.
^FestivalPro. "UK Music Festivals and American RV Hire Options". Festival Pro. Retrieved 2024-01-20.
January 01, 1970
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This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages The examples and perspective in this article may not represent a worldwide view of the subject You may improve this article discuss the issue on the talk page or create a new article as appropriate December 2015 Learn how and when to remove this message This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Motorhome hire agency news newspapers books scholar JSTOR October 2021 Learn how and when to remove this message This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view October 2021 Learn how and when to remove this message Learn how and when to remove this message A motorhome hire agency or campervan hire agency is a type of vacation rental company which hires privately owned motorhomes or campervans to customers The practice is common in the United Kingdom where several agencies dominate the market and has more recently gained popularity in the United States Contents 1 History 2 Campervan and motorhome hire comparison 3 How it works 4 Taxable income 5 International market 6 Industry developments 7 ReferencesHistory editMotorhome hire agencies emerged in the United Kingdom in 2005 after motorhome hire as a practice began to take off with holidaymakers in the UK In recent years these agencies have gained prominence for two main reasons Firstly numerous motorhome owners in the UK have sought to generate additional income by renting out their vehicles partly driven by concerns about the potential repossession of their motorhomes 1 Secondly UK holidaymakers have been actively exploring cost effective alternatives to overseas travel while international travelers visiting the UK have benefited from a favorable exchange rate Campervan and motorhome hire comparison editCampervan hire vehicles are generally smaller than their motorhome counterparts The height length and width of the vehicle will be smaller and the maximum mass will also be less As a result campervans will be easier to drive with some being almost like driving cars especially campervans that are based on the Ford Transit or VW T series and suitable for most driving licences Contrastingly motorhomes will offer more space and facilities Insurance with campervan management companies is often cheaper and this results in an overall lower total hire cost 2 How it works editThe concept of motorhome hire is similar to that associated with holiday cottage rentals Motorhome owners list their vehicles with a hire agency The vehicle is typically given an online profile and marketed by the hire agency Bookings come through the agency and the company deals with all the financial matters and insurance The customer is then able to collect the motorhome from the owner and the owner is paid a fee Most businesses in the United Kingdom operate on a commission basis For example hirer X may pay 1000 for a 1 week hire The motorhome hire agency will then subtract the VAT and insurance costs before paying a commission percentage to the motorhome owner The percentage paid varies between different companies with some paying 50 or lower and some up to 75 Whilst the vehicle is on hire with the agency it is protected by their insurance and breakdown cover In the event of damage or an accident the motorhome hire agency will retrieve the necessary cost of repair from the hirer Any motorhome owner can register their motorhome with a hire agency provided that they can supply it in clean working order to customers Taxable income editIn the UK residents are required to declare income from the hire of motorhomes whether privately or through an agency to HM Revenue and Customs This applies whether the overall earnings are below or above the taxable threshold International market editCampervan management companies are spread across the globe in response to the boom in the hire market Campervan rental has become very popular in New Zealand with many considering self drive holidays to be one of the best way to the landscape on rural roads which are traffic free compared to those found in other countries citation needed In the UK campervan management companies cater to festival goers by offering a solution to the traditional rain and mud soaked tent environment 3 Industry developments editThe first major motorhome hire agency industry development came in 2006 when the first online availability search was implemented by Motorhome Group This was also coupled with online booking allowing customers to book and pay for privately owned motorhome over the internet At the same time motorhome owners could log onto an online profile to track the status of their bookings and edit their motorhome information Another development which was introduced in 2009 is SMS notifications Text alerts are sent to motorhome owners when their vehicle receives a booking with the motorhome hire agency References edit Power Ely 24 July 2019 Complete Guide To Renting Out A Motorhome In The UK camplify co uk Retrieved 18 September 2021 Motorhome Campervan and Caravan Rental in Australia Market Size Industry Analysis Trends and Forecasts 2024 2029 IBISWorld www ibisworld com Retrieved 2024 01 20 FestivalPro UK Music Festivals and American RV Hire Options Festival Pro Retrieved 2024 01 20 Retrieved from https en wikipedia org w index php title Motorhome hire agency amp oldid 1221148762, wikipedia, wiki, book, books, library,
