Renting out your car: how much can you earn?

Your car sits idle 95 % of the time

It is a reality few owners keep in mind: a private car stays parked roughly 95 % of the time. On average it is driven only one to two hours a day, yet it keeps costing you money: insurance, road tax, maintenance, depreciation and a parking spot. All that while, it earns nothing.

What if that idle asset became a source of income? That is exactly the idea behind peer-to-peer car rental. In just a few clicks, you turn a fixed cost into regular income, without changing your driving habits.

How much can you really earn?

Earnings depend on three factors: your car's model, its rental frequency and your location. Here are realistic ranges observed in Belgium:

• City or compact car (Clio, Polo, C3): 20 to 40 € per day, or 150 to 350 € per month with a few rentals.
• Sedan or family car (Passat, Mégane, minivan): 35 to 60 € per day, or 300 to 550 € per month.
• SUV, premium or electric (Tesla, BMW, high-end estate): 60 to 120 € per day, or 500 to 900 € per month or more.

A host who rents their vehicle around ten days a month easily covers their car loan and insurance. The most active hosts, or those managing several vehicles, generate a genuine extra income.

How it works on Vehado

Renting out your car on Vehado takes less than ten minutes:

Vehado handles the booking, the secure payment and only charges a commission on completed rentals. Your earnings are paid straight to your account.

Host protection

The number one question from owners: what if something happens to my car? Vehado was designed to reassure you:

• Insurance included for the entire duration of every rental, covering damage and liability.
• Security deposit requested from the renter, available in case of trouble.
• Verified profiles: identity, driving licence and renter history are checked before each booking.
• Assistance and mediation in case of a dispute, with a photo inspection before and after every trip.

You stay in control: you accept or decline each booking request, and you review the driver's profile before saying yes.

Tips to maximise your bookings

A few good habits make all the difference:

• Reply quickly to requests: responsive hosts rank higher in the results.
• Keep it clean: a spotless vehicle earns better reviews, and reviews attract new renters.
• Stay flexible on pick-up and drop-off times.
• Adjust your prices to demand: weekends, holidays and local events justify higher rates.
• Open your calendar wide: more availability means more potential income.

Ready to make your car pay off?

Your car can work for you instead of sitting in a car park. In just a few minutes, you join a community of Belgian hosts who top up their monthly income with complete peace of mind.

Rent out your car today and discover your earning potential.