Cypress RV Owner Consignment – Rental Fleet Program
LET YOUR RV PAY FOR ITSELF
Whether the costs of ownership have become burdensome, you simply don’t use your motorhome enough to justify owning it, or want to buy a new RV but don’t want to have to make the monthly payments… Cypress RV’s Consignment Fleet Program has the answer you have been searching for. Units enrolled in our rental fleet usually generate enough revenue to offset or completely cover your cost of ownership.
FREQUENTLY ASKED QUESTIONS
Maintaining your coach: In most cases our maintenance program is stricter than the manufacturer. When an RV enters our fleet, we input the vehicle data in our state-of-the-art fleet management system. This comprehensive system keeps track of all RV activity including mileage, generator hours, and routine scheduled maintenance. The system includes a device that is installed in your unit that keeps track of all of this and sends telemetry data back to our service office. When an oil change or scheduled maintenance item is approaching, your RV sends us a reminder. This system also includes a GPS tracker so when your RV is out on a rental we know exactly where it is at all the time. It will even tell us immediately if a renter is excessively speeding, driving too many hours, or going someplace they were not authorized.
Renter Screening: In order to protect you, ourselves, and your RV, we thoroughly screen all potential rental customers with a driving history and background check. Our system is designed to screen out anyone with a felony conviction, DWI within the last year, excessive traffic tickets, and makes sure their drivers license is valid. Our e-sign contract system verifies each renter’s identity through an RSA ID check by LexisNexis , the bank trusted online leader in identity verification. Once in our office, our rental tech will further examine their photo ID and screen them for final departure. All these checks and verifications do not come cheap, but it’s all part of our commitment to protect your investment.
Tax Advantages of renting your RV: In addition to earning an income and offsetting the costs of RV ownership, units enrolled in our rental program generally qualify for substantial tax benefits including a deduction of expenses, depreciation, and allowances under section 179. We recommend you consult with your tax advisor to explain how to obtain the maximum benefit.
Owner Use and Limitations: We have consignment plans that allow you unlimited use of your coach whenever you like. All we ask is that you either schedule your use in advance, or for a last minute trip make sure your unit is not already booked by a customer. When you do use your unit, you get full VIP concierge service. When you pick up your RV is washed & detailed, waste tanks drained, water and fuel tanks full, and the refrigerator on and cold and the a/c running so it is cool when you arrive. When you return you just park it in our customer drop off area, take you stuff and walk away – it doesn’t get any easier to own and use your RV than that! Payments are made monthly and by direct deposit.
Damage / Smoking: We only take non-smoking units, and have a ZERO tolerance policy for smoking. Upon return each RV is inspected for damage or evidence of smoking. Because our fine for smoking in a unit is $1000 plus cleaning and deodorizing costs we have not had a customer smoke in a unit in 3 years, so we feel our penalties are high enough to deter even the most stubborn renter. All renters are charged a $1000 security deposit, and any damage to your RV is quickly and professionally repaired and taken from the security deposit. Any damages in excess of the deposit are still fixed immediately and claimed under our insurance. We do have a detailed checkout and renter educational walk around training on each rental, which greatly reduces the incidents of damage to a unit. If at any time we don’t feel comfortable with a renter we will cancel the rental.
Can’t I just do this myself? Why put it in a professional fleet: Renting out your RV yourself is a lot more work than you may realize, and in the state of Texas renting any vehicle, even as an individual, requires a state dealer license / rental tax permit and you must collect and remit rental taxes using quarterly returns. You would also be responsible for commercial insurance (your regular insurance will not cover rentals), detailing & deep cleaning of your unit before each rental, screening potential renters, taking money and deposits, completing a rental contract and doing a checkout with the renter to show them how everything works, advertising, etc. Unfortunately the work doesn’t stop when they leave with your unit, as you must be available to answer your phone 24/7 in case of problems, breakdowns, tire service, and questions about how to operate the coach (they rarely remember everything from orientation). If the RV comes back damaged or something breaks, you have to deal with the customer, insurance, and handle getting the RV fixed (all before your next rental). It can be profitable, but most people find it too time consuming and stressful, especially with only one unit available.
What kind of RVs are eligible for your fleet? We accept most late model motorhomes, (Class A, B, or C). At this time we are no longer accepting any trailers into the fleet, except for Airstream or something extremely unique.
How do I get started? Enrollment in our fleet program is surprisingly easy! Just call us today about program options 281-745-0400 or email firstname.lastname@example.org