The rental price is the total amount the driver pays to book your car, while your net earnings are what you receive as a host after the extra costs added to the booking are taken out. These two amounts are not the same: the driver always pays more than you earn.
What does the price the driver pays include?
The total amount the driver sees and pays when booking your car includes:
The daily price of the vehicle that you set as the host.
The daily cost of the insurance included in the booking.
Taxes that apply to the transaction.
What do I receive as a host?
Your net earnings are the daily price you set, minus:
TripWip's service fees.
Any discount you applied to the booking (long-stay discounts or promotions, for example).
The insurance and the taxes the driver pays are not part of your earnings: they go towards covering those specific items.
Why does the driver pay more than I earn?
Because the driver's final price adds up components that don't go into your pocket:
The insurance protects the vehicle during the booking and is charged separately from the price of the car.
Taxes are mandatory and are calculated on the transaction.
The service fees are what keep the platform running.
This means that if you set a low price thinking about what the driver pays, your real earnings can be quite a bit lower than you expected.
How should I set the price of my car?
To set a daily price that reflects the earnings you want, we recommend:
Working out the earnings you want first, not the total price the driver will see.
Mentally subtracting the service fees and any discounts when you set the price.
Comparing with similar cars on the platform to make sure you are competitive.
Reviewing your price regularly, according to demand and the season.
A practical example
If you set your car at a given daily price:
The driver will see that price plus the daily insurance, the taxes and the service fees.
You will receive that price minus the service fees and any discounts applied (if you offer discounts).
That's why the final amount that shows up in the driver's search will always be higher than your net earnings as a host.
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