Earn passive income by renting out your utility or travel trailer to locals
Time: 2-4 hours per week for handoffs
Private individuals and small business owners pay to rent your idle equipment for moving, construction, or vacations. You make money by charging a daily or weekly fee for the use of your asset. Unlike car sharing, trailers have lower mechanical complexity and depreciation. You generate revenue by listing your trailer on specialized peer-to-peer platforms or local classifieds, ensuring you have the correct commercial endorsement on your insurance policy to cover third-party usage.
Purchase a used 5x8 utility trailer or a 16-foot camper. Expect to spend $2,500 to $8,000 CAD depending on the type and condition of the unit.
Install a heavy-duty hitch lock and a GPS tracker like an AirTag or Tracki for $50 CAD to protect your asset from theft during rentals.
Contact your provider or use a platform like RVezy which provides up to $2M CAD in liability coverage specifically for Canadian trailer rentals.
List on Facebook Marketplace and Kijiji for $0, or use RVezy for campers, setting daily rates between $50 CAD for utility and $150 CAD for RVs.
Develop a 10-point checklist for lights, tires, and frame integrity. Take time-stamped photos during every handoff to document the trailer's pre-rental condition.
Use e-Transfers for direct rentals or platform payouts. Set aside 25% of your earnings for a maintenance fund and future CRA tax obligations.
The leading Canadian peer-to-peer RV rental platform providing insurance and roadside assistance.
Excellent for listing utility and cargo trailers for local short-term rentals in your city.
A global platform with a strong Canadian presence for renting out camper vans and travel trailers.
Crucial for vetting local renters by viewing their profiles and history before agreeing to a rental.
Information on how to deduct trailer depreciation (CCA) and maintenance costs from your rental income.