Workhorse Passive
Own a vehicle in our fleet.
We find it, we run it, we pay you monthly.
Workhorse Passive gives you ownership of a specific vehicle in our fleet. Pick your territory and vehicle class — our scouts source candidates that fit your criteria. You approve the vehicle (or let our scouts decide), we purchase and register it in your name, and we operate it on your behalf.
You receive 80% of monthly lease revenue, less ongoing maintenance costs paid from your initial deposit. Distributions are paid monthly via ACH.
How it works
Pick
Choose your territory and vehicle class.
Source
Our scouts find candidate vehicles that match your criteria.
Approve
You approve the vehicle (or let our scouts decide).
Purchase
We purchase, register, and onboard the vehicle in your name.
Earn
We operate it. You receive monthly distributions.
What's included in your deposit
- ✓
Vehicle purchase
- ✓
Initial repairs to bring vehicle to fleet standard
- ✓
Registration and title work
What you control
- ✓
Vehicle approval (default on)
- ✓
Territory selection
- ✓
Vehicle class selection
- ✓
Exit — sell back or transfer
Pricing breakdown
Scouting fee
$1,000
Min vehicle deposit
$5,000
Platform fee
$100/mo
Revenue share
20%
Trust & transparency
Vehicle titled to you (or your LLC). Insured under Workhorse's commercial fleet policy. Monthly statements via the Workhorse portal.
Important
Revenue depends on demand and operations. Vehicles can have downtime for maintenance. Monthly distributions are not guaranteed. Initial repairs and registration costs may exceed estimates and will be charged to your maintenance deposit.
Workhorse Passive is not self-serve. Speak with our team to get started.
Talk to us