Category: Truck rental (Page 1 of 2)

Welcoming Carl’s Van Rental to Fetch

We’re delighted to welcome Carl’s Van Rental as the newest Fetch partner!

Carl’s Van Rentals is family-owned and operated and has been providing the state of Florida with large capacity vans since 1994. Starting out as a used car lot just south of downtown Orlando, Florida, Carl’s Van Rentals had only a few vans, but slowly built a local reputation for having the best prices and service in Orlando.

Carl (yes there is really a Carl!) came up with the idea of opening a van specific rental company when his son’s Little League baseball team qualified to play in a State Championship game. The game wasn’t in Orlando and the entire team needed to go on the trip. After looking all over the Orlando metro area, Carl was unable to find any vehicles that could accommodate over seven people.

Since Carl was operating a used car dealership, he began to stock vans on his lot and in June 1993 started offering the vans for rent.  Since then, we have expanded throughout the state of Florida serving most major metropolitan areas and a majority of Florida’s largest international airports.

We’ve partnered with Cameron Bethmann at Carl’s Van Rental to make their 9′ cargo vans available through Fetch Truck Rental. These trucks are now available to rent in the Fort Lauderdale and Jacksonville, with additional cities coming soon. With Fetch, renters can reserve these vehicles 24/7, with vehicle check-in and unlock completely automated through the Fetch app.

We have partnered with Fetch to be able to service the market better as more and more people want on-demand rental options. People these days do not like to talk to people or be bothered with making reservations, providing all the needed paperwork and meeting at certain times. With Fetch, people can rent when they need it, for as long as they need it with no need to ever talk to someone to do it. We look forward to growing our company with Fetch in this new market full of mobility options.

We’re excited to welcome Carl’s Van Rental as the newest Fetch partner. If you’re in the Fort Lauderdale or Jacksonville areas, and need a cargo van, we hope you’ll considering renting with Fetch and Carl’s.

 

Rent Your Truck With Fetch

Fetch is the first-ever truck-rental marketplace where truck owners can rent their own trucks without the hassle of a traditional rental-car business.

Have a pickup truck or van that you want to rent? Fetch makes it easy, and you could make up to $1,800 per month (per vehicle) by listing your truck with Fetch. And with the Fetch smart device, renters are able to check-in, unlock and return their vehicle  completely on their own, without vehicle owners having to be involved in the rental process.

Want to start renting your truck with Fetch? It’s simple to get started:

  1. Join the Fetch marketplace as a partner
  2. Install the Fetch smart device in your vehicle
  3. Start renting your truck and making money

What types of vehicles work best with Fetch?

  • Pickup trucks
  • Vans and cargo vans
  • Box trucks

 

What makes Fetch so great?

Why do customers love renting with Fetch? Fetch is the only self-service truck-rental company that enables anyone to rent a truck 24 hours a day, 7 days a week. Renters are able to use their truck for as little as an hour or up to 30 days, and they can instantly reserve a truck through the Fetch website.

Fetch renters are able to monitor their time and usage directly through their Fetch account and can even extend their rental time with just a few clicks.

Truck owners love renting their vehicles through Fetch because of Fetch’s smart device and self-service technology. This means vehicle owners no longer have to be present to hand off keys to renters, and Fetch’s smart devices tracks all rental activity.

What are you waiting for? Start renting your truck or van with Fetch today.

 

Fetch Truck Rental launches in Miami

Look out, Florida! Fetch is rolling south.

We couldn’t be happier to share the news that Fetch truck rental is now available in Miami! We’ve partnered with Green Motion of Miami and general manager Andrew Girges to make Fetch trucks now available for rent in Miami.

At Fetch, our mission is to make renting a truck effortless. Miami residents can now rent Fetch trucks and vans by the hour or day instantly through their smart phones. Fetch trucks are available instantly, there are no lines, and rentals start at just $15 an hour.

Fetch truck rentals are available in Miami at 4111 NW 27th Street. We hope to see you there whenever you need a truck!

 

 

Fetch Truck Rental launches in Tupelo and Starkville

We’re thrilled to share that Fetch is expanding beyond Atlanta! We’ve partnered with Casey Skelton to open two new Fetch truck rental locations in Starkville and Tupelo.

Fetch truck rentals are now available to rent on-demand, 24/7, for as little as $20 per hour. With Fetch, you can rent a truck instantly using just your phone. There are no lines to wait in and you can return your truck or van rental 24 hours a day. Best of all, your Fetch truck is reserved just for you, which means your truck won’t be rented to someone else.

“With transportation models rapidly changing, we knew we needed to embrace modern, ‘on-demand’ technology in order to stay relevant.  We found Fetch to be a great technology partner to help us implement our ‘self service’ cargo van rental model.  I am excited to work with the Fetch team to roll this out across our entire fleet.  Our vans are available 24/7 at fetchtruck.com in both Starkville and Tupelo,” Casey Skelton, CEO of One Source Enterprises, said.

We’re thrilled that Fetch is now a part of the communities in Tupelo and Starkville. Whenever you need a truck, whether it’s for just an hour or several weeks, we hope you’ll consider Fetch.

See all of the cities Fetch serves and sign up to use Fetch in your city.

Fetch trucks are now available to rent in Kirkwood

At last! Fetch trucks are now available in downtown Atlanta. You can now rent trucks from Fetch in the Atlanta neighborhood of Kirkwood.

This new location is managed by Alex Chu, a new Fetch partner. We’re thrilled to be able to provide truck and cargo van rentals to residents of Kirkwood and neighboring boroughs such as Grant Park, East Lake, Emory and Virginia Highlands.

Whether you’re moving into a new apartment, picking up furniture or transporting plants for a new landscaping project, Fetch is here to help. Pick up a truck any time – morning or night, for as little as $10/hour.

We hope to see you at our new Kirkwood location soon!

Welcome to Fetch, Alex!

We’re thrilled to welcome a new fleet partner to Fetch, Alex Chu.

Alex has joined Fetch’s self-service marketplace to make his fleet of trucks in Atlanta available to rent.

Alex first discovered Fetch when he and his wife were moving in 2017.

My wife and I were moving, and the last time we moved, we used uHaul, so I did what anyone else would do: I searched on Google for a moving truck to see if someone else was running a special or had a deal, said Alex Chu. That’s how I stumbled upon Fetch. The app-enabled van rental was so easy, I had to give it a shot.

When Fetch launched its marketplace, enabling any fleet owner to use Fetch’s technology and begin offering self-service rentals, Alex knew there was an opportunity to offer trucks on Fetch within the city of Atlanta.

Living inside the perimeter, your only options are uHaul or Home Depot for truck and van rentals. I felt that Fetch was a superior service, and wanted to spread what I thought was the best and easiest van and truck rental experience around.

All of the studies on the future of car ownership are clear: cars will transition from being assets people own to becoming subscription-based products and on-demand services.

I see car ownership going the way of everything else. Subscriptions. And for those who don’t want a subscription, the on-demand world fills the void. Fetch fulfills that need. But, it also allows someone like me, who drives an “impractical” two-door car, not sweat it when I have to move a couch. Just grab a Fetch van for an hour or two, and you’re all set.

In the future, Alex hopes to continue helping eliminate the stress of moving and transportation.

I’d like to have a fleet of rental vehicles. Preferably partnering with some local businesses to ease their logistical needs so they don’t have to own a vehicle full time that they only use part-time, or less!

 

Rent Alex’s trucks in the Kirkwood neighborhood of Atlanta.

 

 

 

 

Fetch Launches First-Ever Truck Rental Marketplace

Today, we’re so excited to unveil the new Fetch marketplace – the first completely self-service marketplace for renting a truck.

For renters, Fetch is now the only mobile, self-service rental experience that lets renters avoid all of the hassles of a traditional truck rental agency, such as waiting in line or renting a truck after hours.

For fleet owners, the Fetch marketplace provides the easiest way to start or expand your own truck-rental business, using the Fetch platform to manage your fleet and generate new income.

Over the past 18 months of developing the Fetch platform with our own fleet of rental trucks, we’ve learned several surprising things:

  • Starting a car-rental company from scratch is nearly an impossible task. Securing fleet insurance, getting vehicle financing and learning how to manage risk are all processes that can take months.
  • Managing a rental fleet isn’t overly difficult. By combining technology with a tight operations schedule, a fleet requires only a minimal amount of time to maintain.
  • Customers love a self-service rental experience. The ability to pick up a car and return it, 24 hours a day – and without waiting in line – is a game changer. Fetch customers return to rent again and again.

With the new Fetch marketplace, we’re opening up the Fetch fleet management system, automated rental process and technology platform to any owner that wants to either build their own rental business or automate management of their existing fleet. Any owner in the United States is now eligible to list their trucks for rent on Fetch.

As part of our benefits for owners, Fetch will:

  • Help you procure rental fleet insurance
  • Assist with vehicle financing so you can quickly procure new vehicles for your fleet
  • Ship you our Fetch vehicle hardware, enabling remote unlocking and vehicle tracking
  • Provide access to our fleet management system
  • List your trucks for rent in our marketplace and connect you with local renters

Entrepreneurs can start with as little as one truck, add their vehicle to the Fetch marketplace, and instantly generate income as Fetch connects you with local renters. And, with the Fetch platform, these vehicles are connected to Fetch’s fleet management platform, enabling a completely self-service rental experience so that owners to do not have to physically meet renters and hand them keys.

“For truck rentals, your only options are typically U-Haul or Home Depot. I felt that Fetch was a superior service, and wanted to spread what I thought was the best and easiest van and truck rental experience around,” said Alex Chu, a new Fetch partner and entrepreneur.

By listing vehicles on Fetch, owners can earn as much as $1,500 per vehicle every month. Unlike franchises that charge exorbitant startup fees, there’s no cost to launch your fleet on Fetch, and you can instantly start generating rental income.

Owners can list their vehicles with Fetch today. Don’t have trucks? Fetch can help you secure financing to build your own rental fleet.

We’re so thrilled to launch the new Fetch marketplace, enable a self-service rental experience for customers, and help entrepreneurs and fleet owners grow their business.

Fetch trucks are now available in Chamblee

We’re thrilled to share that Fetch trucks are now available to rent in Chamblee, Georgia!

We’ve been working to move closer into Atlanta (ITP for the locals), and we’re very excited to partner with Simply Self Storage to make Fetch trucks available at this new location in Atlanta.

Whether you’re moving into a new apartment, picking up furniture or transporting plants for a new landscaping project, Fetch is here to help. Pick up a truck any time – morning or night, for as little as $10/hour.

We hope to see you at our new Chamblee location soon!

The best new and used trucks to buy

In our last blog post, we analyzed the true cost to own a new or used car. In this post, we’re going to switch to pickup trucks and compare the costs to own four of the most popular pickup trucks.

Just as with the most popular sedans, the cost advantages of owning a used truck over a new truck are not as obvious as one might think.

Models analyzed

For this study, we examined pricing data from 50,000 trucks listed for sale. The models included in our study are:

  • Chevrolet Silverado 1500
  • Ford F150
  • RAM 1500
  • Toyota Tundra

Measuring the value and cost of owning a truck

To measure the true cost of ownership, we take several costs into account:

  • Depreciation
  • Maintenance and Repair Work
  • Taxes

For this post, we analyzed two different model years to calculate these amounts:

  • 2017 models (new)
  • 2013 models (used)

First-Year Depreciation

Let’s start by examining the first-year depreciation for these models.

  • 2017: $4,040 (10.15%)
  • 2013: $2,039.88 (7.93%)

The depreciation in the first year of owning a new truck is $4,000, while with a 2013 model, you’re only experiencing $2,000 in depreciation. Right off the bat, We’re saving 50% – nearly $2,000 – just from owning a used truck.

As the chart below shows, first-year depreciation on RAM and Toyota model is significantly low. Especially, for the 2013 Toyota Tundras, where first-year depreciation is only $1,000.

Five-Year Depreciation

Next, let’s examine the depreciation experienced when owning a vehicle for five years.

  • 2017: $15,387(39%)
  • 2013: $10,670 (40.75%)

Here, we see that the additional depreciation cost of buying a new truck is $4,717. However, one thing that is interesting is that the overall percentage of depreciation is higher in 2013 models versus new trucks. (Used trucks continue to lose the same percentage of value as new trucks.) Perhaps, this is due to maintenance or taxes.

Again, we see that new RAM and Toyota trucks hold their value the best. However, what is interesting is that 2013 Chevrolet Silverados hold their value the best among used trucks. A new Silverado depreciates more than any other vehicle, but after a few years, a used Silverado’s depreciation actually levels out, making it the cheapest used truck to own in terms of depreciation.

Total Five-Year Cost to Own

Next, let’s examine the total cost to own a truck over five years. This calculation includes all of the major costs an owner would experience over the course of owning a vehicle for five years – depreciation, maintenance and repairs.

  • 2017: $20,289
  • 2013: $18,011

When we add in costs for maintenance and repairs, we see the savings gap narrow, and we’re only saving $2,277 over five years. While that is a good chunk of change, on a monthly basis, it results in savings of only $37 per month.

When looking at specific models, it’s quite interesting to note that only the Chevrolet Silverado has a significant cost savings in buying a used vehicle. RAM 1500, Ford F150 and Toyota Tundra all offer similar cost structures over 5 years, regardless of buying a new or used truck.

What are the best trucks to buy?

Based on this data and analysis, there are clearly several leaders in the new and used truck categories.

Best new trucks:

  1. RAM 1500 – with the lowest cost of total ownership, the RAM 1500 tops our list of best value among new trucks.
  2. Toyota Tundra – just trailing the RAM 1500, the Tundra is also a very efficient truck to buy. It ranks at the top of our list in both new and used truck categories.

Best used truck:

Chevrolet Silverado 1500. While the Silverado ranks as the worst new truck to buy, by the time a five-year old Silverado has made it into your hands, it has the lowest total cost of ownership of any truck, primarily due to its very low depreciation rate.

 

 

How we handle truck rental reservations at Fetch

How does Fetch handle reservations and vehicle availability? Scheduling and availability planning isn’t an easy problem. It’s rife with trade-offs and without a perfect solution. How do we guarantee availability while also providing flexibility if your plans change?

When renting a truck or cargo, there are currently two options that vendors offer for procuring your vehicle:

1. Reserve a vehicle for an entire day, without a guarantee.

With this approach, renters are required to rent a vehicle for an entire day. Most truck and van rental companies also will not guarantee availability of specific vehicles. Just like airlines, truck rental companies will typically overbook vehicles. This leaves you hoping that your desired truck or van will be still be available when arriving for pick up.

The advantage of reservations is that they do typically provide some amount of confidence that your vehicle will be available for you. However, requiring the one-day minimum-rental period isn’t efficient for customers with jobs only requiring a one or two-hour rental.

2. Rent a vehicle by the hour, on a first-come first-serve basis.

In this model, trucks or vans are only available on a walk-in basis; truck availability is never guaranteed and reservations are not allowed. Renters may arrive to find that all vehicles are currently rented and without any sense of when the vehicles will again be available.

The advantage of this model is that once a vehicle is rented, paying by the hour means you can keep the vehicle out as long as your job requires, without fear of a late-return fee.

What if a hybrid model existed?

With both of the above models, there are very clear advantages and disadvantages. At Fetch, our primary concerns for customers are:

  1. Guaranteeing availability
  2. Not overbooking trucks or reservations
  3. Providing hourly and daily rental options
  4. Providing flexibility to change or extend rentals as needed

We’ve tested and refined our reservation process. We think it provides the right balance between security and flexibility. Here’s how it works:

  1. Reserve a truck for pickup. Modify, reschedule or cancel your reservation up to 24 hours prior to your start time without penalty.
  2. If your plans change at the last minute and you need to cancel, you’ll receive a credit to redeem for a future rental. (Since we don’t overbook rentals, renters are responsible for reservations within 24 hours of the start time.)
  3. After picking up your truck, if you need to extend your rental, you’ll be able to do so as long as your truck or van has not been reserved by another renter. If your truck rental is ineligible for extension, and it isn’t returned on time, there’s a $30 late-return fee. (We charge this late-return fee for a few reasons. First, we typically provide the renter that cannot pick up their vehicle on time a discount to help offset their inconvenience. Secondly, the late-return fee incentivizes on-time returns.)

While this system  isn’t perfect, it covers the key tenets we want to provide customers:

  • Predictability in knowing your truck will be available when you reserved it
  • Flexibility to modify your reservation at no cost (up to 24 hours prior)
  • Options for extending your rental time
  • Hourly and daily rental pricing

We continue to try to improve our reservation model, and we welcome feedback from customers and partners.

 

 

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