{"id":22038,"date":"2024-02-09T17:40:50","date_gmt":"2024-02-09T17:40:50","guid":{"rendered":"https:\/\/www.webmonkey.com\/fetch-truck-rental-review-earn-passive-income-with-your-vehicle\/"},"modified":"2024-05-27T13:19:26","modified_gmt":"2024-05-27T13:19:26","slug":"fetch-truck-review","status":"publish","type":"post","link":"https:\/\/www.webmonkey.com\/fetch-truck-review\/","title":{"rendered":"Fetch Truck Rental Review – Earn Passive Income With Your Vehicle!"},"content":{"rendered":"
We\u2019ve all been in situations where having access to a pickup or cargo van can just make life easier.<\/p>\n
Whether you\u2019re moving into a new home, hauling furniture, getting rid of garbage, or just running simple errands that require more space, a bigger vehicle can make all the difference.<\/p>\n
This means that if you own a pickup truck or cargo van, you could tap into a very lucrative side hustle<\/a> and earn some passive income.<\/p>\n With Fetch Truck Rental<\/strong><\/a>, you can rent out your truck or cargo van to people in your city who need it temporarily. It's basically like Airbnb, just for your vehicle.<\/p>\n The company even says you can make up to $30,000 per year by renting out your vehicle, so this is some serious <\/em>cash.<\/p>\n Our Fetch Truck rental review is covering exactly how this plaform works, the earning potential, and pros and cons to help you decide if it's right for you.<\/p>\n Fetch Truck Rental is a contactless truck<\/a> and cargo van<\/a> rental marketplace. Fetch owners list their vehicles on the Fetch marketplace where potential renters can search for local vehicles.<\/p>\n <\/p>\n From there, Fetch lets you manage the pricing and availability of your vehicle, which is all done on your computer or smartphone. Fetch rents out a variety of vehicles including<\/strong>:<\/p>\n The platform helps everyday people without larger vehicles get a truck or cargo van quickly and without spending a fortune. And for vehicle owners, Fetch presents a great passive income opportunity<\/a>.<\/p>\n According to its website, you can potentially earn tens of thousands of dollars per year by renting out your truck or cargo van; not a bad side hustle if you ask me!<\/p>\n At the time of writing, Fetch has also expanded across the United States and is now nationwide.<\/p>\n Renting your vehicle with Fetch is simple and takes five steps:<\/p>\n Time to dive into each step in a little more detail.<\/p>\n The first step to list your truck with Fetch is to sign up<\/a> and create an account.<\/p>\n Next, you go ahead and submit your vehicle information, including vehicle make & model, Vehicle Identification Number (VIN), and rental address.<\/p>\n <\/p>\n Your vehicle must be 2009 or newer and have less than 130,000 miles to qualify for Fetch. Other information you provide to list includes<\/strong>:<\/p>\n All of this takes a few minutes to complete, and it's a similar process to listing your vehicle on similar platforms like Turo and Getaround.<\/p>\n When you rent your truck out on Fetch, you have to choose a plan, so there are some fees.<\/p>\n But each plan includes Fetch account access and a Fetch device that lets you track your vehicle and even automate the rental process if you want contactless rental.<\/p>\n The two package options are<\/strong>:<\/p>\n <\/p>\n The Pro Package is ideal if you want to rent out your vehicle very regularly or full-time. You have to schedule an installation with a local mechanic or shop, but this gives you the ability to remote-unlock or lock your vehicle to keep rentals contactless.<\/p>\n After you select your plan, you're ready to actually list your vehicle on the Fetch marketplace!<\/p>\n All you have to do is find your listing and set the status to “listed” since it starts out as inactive to ensure you only rent your vehicle when you want to.<\/p>\n You get to set your hourly rate for your vehicle, and many truck and cargo van owners price their vehicles at $10 to $25+ per hour<\/strong>.<\/p>\n However, your vehicle's make and model plus your market all determine roughly how much you should list for. Renters can then choose to rent your vehicle right from Fetch's marketplace.<\/p>\n And all of this can be done contactless as well. You can simply use a lock-box check in system that Fetch sends you to hand over keys to your renters. The video above explains how checking-in works on Fetch,<\/p>\n In the past, Fetch required vehicles to have a device installed that let renters unlock it with the app. However, this isn't a requirement anymore, which actually simplifies the whole process.<\/p>\n The fact that you don\u2019t have to physically be there for the rental process to work is a massive selling point, and you're essentially making money on autopilot<\/a>.<\/p>\n Fetch gives renters some free mileage, but you also have control over how much free mileage you provide and what the extra cost-per-mile is. And renters have to return your vehicle with a full tank, like when they pick it up.<\/p>\n <\/p>\n All-in-all, you have complete control over how much you earn per hour with your rental. And you can add in perks like weekly and monthly discounts to entice renters.<\/p>\n With Fetch, you are in total control of managing your rental business, and this is one of the best features of the platform since you're not locked into anything.<\/p>\n For example, you can schedule calendar blocks to your listing that take your car off the marketplace if you want it for personal use.<\/p>\n And, as mentioned, you get to set your prices. While Fetch suggests prices to help you be competitive in the rental market, the rental rate is entirely up to you.<\/p>\n However, since it's your business, you're responsible for keeping up with vehicle maintenance.<\/p>\n In fact, Fetch\u2019s terms of service indicate that you must regularly check your vehicle for any defects in its operations or safety. So make sure safety checks are a regular part of your business management!<\/p>\n You can read a complete list of maintenance requirements on Fetch's website.<\/p>\n Once someone actually rents your truck or cargo van, they provide payment information through Fetch's platform. They also take photos of your vehicle for check-in and check-out.<\/p>\n After you get your vehicle back, you should inspect it for any damage or excessive dirtiness. There are insurance and cleaning policies in place to protect vehicle owners (more on this below), so you can receive additional compensation if renters don't take care of your vehicle.<\/p>\n But if everything goes smoothly, money from your rental appears in your Fetch account. Payments process on the 1st and 15th of every month, and you can get paid via check or direct deposit,<\/p>\n When you rent out your truck or van with Fetch Rental you can expect to earn between $10-$25 USD per hour, or $50 – $150 per day depending on the vehicle<\/strong>.<\/p>\n Fetch guarantees that you\u2019ll earn at least $1,500 in your first 90 days of listing a vehicle. Their website also advertises that you can make up to $30,000 per year!<\/p>\n Fetch CEO Adam Steinberg says that on average, vehicles with full-time availability generate around $1,250 per month. There\u2019s definitely opportunity to make decent money, even more so if you have multiple vehicles to rent out.<\/p>\n But again, how much you earn really depends on your market and vehicle's make and model. Larger cities might have more rental opportunities than small towns, and you have to factor in the prices from your competitors.<\/p>\n Extra Reading – The Best Equipment To Make Money With<\/a><\/strong>.<\/p>\n In order to rent with Fetch rental, the renter must have proof of an existing and current auto insurance policy with both collision and liability coverage that extends to the rental vehicle. This is done to protect them as well as vehicle owners.<\/p>\n You also need commercial coverage in addition to the typical personal liability coverage if you\u2019d like to rent out your vehicle. If you don\u2019t have this kind of coverage, Fetch does offer optional insurance coverage alternatives, depending on the vehicle you\u2019re renting<\/strong>.<\/p>\n The prices for coverage vary per vehicle, but typically range between $12.99 to $24.99 per day.<\/p>\n <\/p>\n If you don\u2019t have insurance coverage at all, some vehicles are eligible for the \u2018Fetch Insurance Waiver\u2019, which waives Fetch\u2019s liability and collision insurance requirement for renters and includes physical damage protection for the vehicle.<\/p>\n For more details on Fetch\u2019s insurance and supplemental coverage options, click here. <\/p>\n If you have a fleet of vehicles, you can also apply to become a Fetch Partner and rent out your entire fleet through the platform.<\/p>\n This partner program is similar to just renting out one vehicle on the platform, except you can use Fetch's dashboard to manage multiple vehicles. And startup costs are as low as $149 to get everything up and running.<\/p>\n According to Fetch's website, annual profit potential is between $65,000 to $160,000 based on a fleet of 20 trucks. So this could turn into a serious business if you grow your fleet.<\/p>\n Just note that you must purchase commercial fleet insurance and Fetch devices for every single vehicle, and there's a $1,000 setup fee for commercial insurance.<\/p>\n Fetch Truck is now available nationwide in the United States and continues to expand its base of vehicle owners.<\/strong><\/p>\n This is a massive step forwards for Fetch, and it's excellent news if you have a truck or cargo van and want a new passive income side hustle.<\/a><\/p>\n Yes, Fetch is a legit truck and cargo rental marketplace that provides vehicle owners with a way to earn passive income. And the platform continues to expand and improve its services<\/strong>.<\/p>\nAbout Fetch Truck Rental<\/strong><\/h2>\n
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How To Rent Out Your Truck On Fetch<\/strong><\/h2>\n
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1. Sign Up & List Your Truck<\/strong><\/h3>\n
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2. Choose Your Plan<\/strong><\/h3>\n
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3. Rent Out Your Vehicle<\/strong><\/h3>\n
4. Manage Your Rental Business<\/strong><\/h3>\n
5. Get Paid<\/strong><\/h3>\n
How Much Does Fetch Pay Truck Owners?<\/strong><\/h2>\n
How Does Fetch Vehicle Insurance Work?<\/strong><\/h2>\n
The Fetch Partner Program<\/strong><\/h2>\n
What Cities Is Fetch Available In?<\/strong><\/h2>\n
Is Fetch Truck Legit?<\/strong><\/h2>\n