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LAKE TAHOE, Calif., July 31, 2014 /PRNewswire/ -- We've all heard the best days in a boat owner's life is the day they buy the boat and the day they sell it. The same could be said for jet skis, ATVs, snowmobiles and other recreational equipment. But imagine actually profiting from those "big boy toys?"
Rentals of boats and such power sport equipment as jet skis and ATVs are up, which is now fueling the peer-to-peer rental market. In this rental model, watercraft and off-road vehicle owners can profit from their purchase by safely renting their vessels and vehicles to others. At the forefront of this growing industry is Fun2Rent.com, which provides a fully-insured rental platform.
Fun2Rent is quickly gaining ground in recreation areas from Lake Tahoe to Florida. Essentially, Fun2Rent puts individual owners in business where the owner provides the equipment, and Fun2Rent takes care of the reservations and insurance. Owners offset the costs of ownership while their equipment is insured for damages.
As one of California's premier destinations for water sports in the summer, Lake Tahoe is the place to be for boating, wake boarding, wake surfing, water skiing, jet skiing, and more. Fun2Rent's current inventory in the Lake Tahoe area can be previewed at http://www.fun2rent.com/laketahoe?promoCode=Tahoe01.
Fun2Rent's CEO, Shawn Gardner, explains that they have hundreds of rentals by owners now, and the average owner is earning $3,000 a season and many owners are earning 50% of the value of their equipment in the first year of sharing their equipment. In fact, Gardner describes Fun2Rent's insurance as the "best in the business," including, liability collision and physical damage coverage for the owner and renter. The company also screens its renters and implements eligibility requirements for equipment to be listed.
Rentals by owners isn't just for the weekend warriors. The popularity of peer-to-peer car rentals or rent-a-ride services arranged online have literally cut into taxi revenue in large cities. "Seasonal demand is strong and awareness and acceptance of our rental by owner offering is rising," says Gardner. He sites such examples as Getaround, and Lyft that are all contributing to car and ride sharing through similar platforms.
Boat and power sport owners in the U.S. and Tahoe, Ca who want to gain income from their big toy and potential renters who want the variety and freedom can find out more at http://www.fun2rent.com/?promoCode=TH01 .
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