If you are considering renting out your car through TripWip, it is important to know the potential income you could earn. Below, we present an estimate of monthly income in Uruguay and Mexico, based on the investment value of the vehicle.
It is important to keep in mind that TripWip charges a commission between 20% and 23% of the rental value, depending on the price of the vehicle.
Income Estimate in Uruguay
Investment Cost (USD) | Average Monthly Income | Average Annual Net Income | Total Annual Expenses (USD) | Annual Return on Investment (ROI) |
14,000 - 15,000 | $15,900 | $170,400 | $1,220 | 24.8% |
15,000 - 17,000 | $19,050 | $202,800 | $1,439 | 23.5% |
17,000 - 20,000 | $24,600 | $261,600 | $1,683 | 23.5% |
Income Estimate in Mexico
Investment Cost (MXN) | Average Monthly Income (MXN) | Average Annual Income (MXN) | Total Annual Expenses (MXN) | Annual Return on Investment (ROI) |
200,000 | $11,000 | $132,000 | $22,000 | 55% |
250,000 | $14,000 | $168,000 | $26,000 | 56.8% |
350,000 | $20,000 | $240,000 | $30,000 | 60% |
These values are estimates and may vary based on demand, location, and availability of the vehicle. TripWip offers you the opportunity to generate extra income flexibly, allowing your car to work for you.