On Average, Noovo Owners Generate $3,560 Per Month in Rental Revenue
In 2024, each Noovo Lite owner on the OffGrid rental platform earned an average of $3,560 per month in rental revenue.
Noovo Owner Rental Program
Program Overview: When you purchase a Noovo camper van, you’re automatically eligible to join OffGrid’s rental program exclusively for Noovo owners. This allows you to list your van on www.offgridcampervans.com at no cost, with OffGrid taking a booking fee only when we secure rental bookings for you.
The Owner-Operator program empowers van owners to turn their vehicle into a source of income and community engagement. By partnering with OffGrid Travel, owners can enjoy a professional, hassle-free rental experience while maximizing the value of their asset.
Fee Structure
OffGrid Travel charges a 20% booking fee on the net rental revenue generated each month.
How the Fee Is Calculated:
- The total rental revenue includes:
- Add-ons (e.g., cleaning fees, early check-ins, late returns).
- Services like Starlink rentals.
- The 20% booking fee is applied after the following deductions:
- Credit card processing fees.
- Third-party marketplace fees.
- Discounts applied to the rental.
Distinct Benefits for Owners
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Passive Income
- Earn rental income when your van isn’t in use, helping to offset costs like maintenance, loan payments, and insurance.
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Flexibility
- Maintain control over your van's availability by choosing when it’s listed for rent, ensuring you can still enjoy your van as needed.
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Reduced Ownership Costs
- Rental income can significantly subsidize or even fully cover ownership expenses, including:
- Depreciation
- Insurance
- Maintenance
- Loan payments
- Rental income can significantly subsidize or even fully cover ownership expenses, including:
-
Professional Management
- OffGrid handles:
- Customer inquiries and bookings.
- Maintenance coordination and scheduling.
- Marketing & sales related services to keep bookings flowing.
- This reduces the owner’s workload, ensuring a hassle-free experience and improved customer satisfaction.
- OffGrid handles:
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Expanded Market Reach
- Benefit from OffGrid marketing and platform visibility:
- Higher occupancy rates.
- Better rental rates compared to independent listings.
- Benefit from OffGrid marketing and platform visibility:
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Quality Control and Maintenance
- Regular maintenance and quality checks help:
- Preserve your van's value.
- Ensure safety and reliability for renters and owners alike.
- Proven system with step by step guidance to maintain a 5 star renter experience.
- Regular maintenance and quality checks help:
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Community Support
- Join a network of owner-operators to:
- Share experiences and tips.
- Get advice on van ownership and rentals.
- Particularly helpful for new van owners.
- Join a network of owner-operators to:
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Liability and Insurance Guidance
- OffGrid provides:
- Integrated renter insurance coverage which includes 3rd party DMV background checks and identity verification.
- Protection for your asset while mitigating liability risks.
- OffGrid provides:
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Renter Insurance and Screening
- Renters are screened through DMV driving record and background checks.
- Renter-paid daily insurance coverage ensures your van is protected at no cost to you.
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Feedback for Improvement
- Receive valuable feedback from renters to:
- Enhance your van’s rental appeal.
- Increase customer satisfaction.