Forums46
Topics548,524
Posts9,861,123
Members87,921
|
Most Online25,604 Feb 12th, 2024
|
|
|
UTV Rental Business
#8976525
12/22/23 02:57 AM
|
Joined: Jul 2011
Posts: 9
MattyMc14
OP
Green Horn
|
OP
Green Horn
Joined: Jul 2011
Posts: 9 |
Kicking around the idea of starting a UTV rental business, just not sure that the market is there, so figured I'd ask here if anyone has rented them in the past and if you would in the future. Looking to stay away from mud park rentals and beach rentals and focus more on hunting lease / outfitter rentals. I know there have been times at our lease when family comes out and having a second UTV for a long weekend would have been nice.
Thoughts? Has anyone successfully rented their UTV when not in use or have any connections to a rental company?
|
|
|
Re: UTV Rental Business
[Re: MattyMc14]
#8976651
12/22/23 02:54 PM
|
Joined: Aug 2009
Posts: 23,416
BigPig
THF Celebrity
|
THF Celebrity
Joined: Aug 2009
Posts: 23,416 |
Very expensive venture with very little demand.
You’re not in an area with tons of riding places, therefore the tourism aspect of rentals isn’t there. Most UTV rental places I have priced out are $500+ per day and that doesn’t include delivery.
Wade Dews, REALTOR ® Rendon Realty, LLC Frontline Real Estate Team www.RendonRealty.comWadeDews@gmail.com 214-356-2410 Up to 1% for closing costs for First Responders & Veterans Proudly partnered with Assist The Officer Foundation https://atodallas.org/
|
|
|
Re: UTV Rental Business
[Re: MattyMc14]
#8976663
12/22/23 03:14 PM
|
Joined: Apr 2007
Posts: 62,488
BOBO the Clown
kind of a big deal
|
kind of a big deal
Joined: Apr 2007
Posts: 62,488 |
Kicking around the idea of starting a UTV rental business, just not sure that the market is there, so figured I'd ask here if anyone has rented them in the past and if you would in the future. Looking to stay away from mud park rentals and beach rentals and focus more on hunting lease / outfitter rentals. I know there have been times at our lease when family comes out and having a second UTV for a long weekend would have been nice.
Thoughts? Has anyone successfully rented their UTV when not in use or have any connections to a rental company? not diverse enough. Almost every equipment rental company rents SxS’s, the cater to a larger sub set of users.
Bottom line, never trust a man whose uncle was eaten by cannibals.-Sen Joni Ernst
|
|
|
Re: UTV Rental Business
[Re: MattyMc14]
#8977051
12/23/23 12:30 PM
|
Joined: May 2005
Posts: 2,529
Huntmaster
Veteran Tracker
|
Veteran Tracker
Joined: May 2005
Posts: 2,529 |
Liability would be a nightmare. And as said in above post; you’re not in a great spot for recreation. Now NM or Colorado is a different story.
|
|
|
Re: UTV Rental Business
[Re: MattyMc14]
#8977717
12/24/23 08:49 PM
|
Joined: Jul 2011
Posts: 9
MattyMc14
OP
Green Horn
|
OP
Green Horn
Joined: Jul 2011
Posts: 9 |
Thanks for the feedback, it's what I figured.
|
|
|
Re: UTV Rental Business
[Re: MattyMc14]
#8978471
12/26/23 06:23 PM
|
Joined: Jul 2019
Posts: 15,489
Hudbone
THF Celebrity
|
THF Celebrity
Joined: Jul 2019
Posts: 15,489 |
I bet every renter would know how to tie them down when transporting to and from. In addition, i bet none of them would ever abuse the equipment.
|
|
|
Re: UTV Rental Business
[Re: Hudbone]
#8979650
12/29/23 02:44 PM
|
Joined: Apr 2007
Posts: 1,646
Reloder28
Pro Tracker
|
Pro Tracker
Joined: Apr 2007
Posts: 1,646 |
I bet every renter would know how to tie them down when transporting to and from. In addition, i bet none of them would ever abuse the equipment. I see what'cha did there.
You don't know what you don't know.........until you know.
|
|
|
Re: UTV Rental Business
[Re: MattyMc14]
#8979666
12/29/23 03:14 PM
|
Joined: Apr 2007
Posts: 1,646
Reloder28
Pro Tracker
|
Pro Tracker
Joined: Apr 2007
Posts: 1,646 |
Matty,
I rented travel trailers out for about 4 years. I made a TON of "mailbox money." I had a broker that took care of all the repairs, rentals & related issues. Something to consider, when renters would become aggravated with the trailer for whatever reason, they would simply leave the trailer where it was and go about their way. Several times I had to drive to retrieve the trailer not even knowing if it would be towable. Retrievals took me to Amarillo, Lubbock, lake Sam Rayburn, etc.. Some people would demand I bring them another trailer.......once, to Garner State Park. That's 5 hours one way. I demanded credit card payment as I could back charge any extra expenses. There were lawsuits over that more often than not. So, your contract would have to be bulletproof.
The amount of profit is in direct proportion to the risk. When things were running right, I just got a check monthly. When things went wrong it created more of a burden on me than I could deal with given the fact I was trying to hold down a full-time job too. I am not trying to dissuade you.
Example 1: John Doe comes to inquire of a trailer rental. I told him, you go buy a new trailer, bring it to me for rental & we'll both make money. He did so. I rented it out for $1000 weekly. I kept $500 & sent him a check for $500.
New trailers rented quickly. Once they got to be a couple of years sold, not so quickly.
Example 2: john Doe comes to inquire of a trailer rental. His house has burned to the ground & he is going to need immediate residence until his house is rebuilt. He rents the trailer for the duration. That was usually a minimum of 12 months. A couple of times it stretched into two years. That equals a monthly check that carried the owner of the trailer thru an otherwise down time due to seasonal usage.
There is money to be made for sure. In the Houston area, your rigs would return rode hard & put up wet. Most likely having been in the mud parks. Location is a main facet for sure. Seasons will also dip into your income. Insurance? Sky is the limit I would imagine. You just gotta determine if the risk justifies the end goal.
You don't know what you don't know.........until you know.
|
|
|
Moderated by bigbob_ftw, CCBIRDDOGMAN, Chickenman, Derek, DeRico, Duck_Hunter, kmon11, kwrhuntinglab, Payne, pertnear, sig226fan (Rguns.com), Superduty, txcornhusker
|