Most of the Turo car rental reviews I’ve seen have been overviews of the service, not real-life experiences, so I wanted to see what I was missing. Similar to the Airbnb model, local car owners advertise and rent their vehicles to drivers who would prefer to avoid the standard rental car experience. Do you want to drive your dream car? For example, if someone rented your car for a week for $400 and you had the Standard plan, you’d keep 75% of that trip price, or $300. Here's how you can keep yourself safe in a rental car. If you don’t provide approval from your personal insurance provider, your personal policy may be voided, and you’ll be unable to obtain a … As I mentioned, as our listings gain more reviews in the next few months, I can see this easily going … Sounds pretty straightforward, right? Turo allows us to be able to rent our cars out to you in a safe and convenient way. I went to book and saw that the trip ended up being $27 per day plus their trip fee. I always like to try a company on the consumer side first to see how it works. However, you won't receive any help from Turo if your car is damaged or stolen, so it's important that you only insure your car this way if you understand what's required of you. "With Turo, you can cover the cost of ownership of your car and you can even turn a profit." I would say partly my fault though, because I was thinking of Turo as more of an on-demand marketplace. The minimum and maximum daily price you can set for your car is determined by your vehicle’s value. See how much your car will earn on Turo. You can offer discounts for longer trips or set custom prices for specific days or specific guests. Your car won’t rent if you don’t have it set for instabook. Although your personal insurance will not be used during a Turo transaction, your personal insurer must approve of your participation in person-to-person car sharing. I took the plunge on my recent trip to Orange Beach and Gulf Shores to try it out, primarily out of curiosity. My name is Jerry and I am a Power Host based in Los Angeles, CA. The service you use to rent out your car will also affect your earnings. Turo, Drivy and some other similar services have found safe solutions that allow you to transfer the car into the hands of the driver without the need for a personal meeting. But I have, and do, rent out 3 other cars on Turo. Interesting experiment. Obtaining insurance on a car to rent out on Turo is a huge consideration that many hosts (some veterans too) fail to properly implement. I went to book for 3 months and saw there was a 30% long trip discount, great!!. Cars can range from super compact to luxury sports models depending on what people are willing to rent. And keeping your car clean for guests is obviously important, too. If you rent your car on Turo, it will be important to keep up with routine maintenance, meaning oil changes, new tires, new brakes, etc. Here's what happened when I took Turo for a spin during a recent vacation. So, if you list your car for $50 per day, you’ll get between $32.50 and $42.50. Turo, formerly RelayRides, is a car sharing company that allows people needing to rent a vehicle to do so through their peers who have listed their vehicles for rent on the Turo website. Not only does Turo offer a $1 million liability policy, but they also cover all damage to your vehicle when it is rented. Turo has assured its customers that all the cars it offers are screened to ensure that they meet the relevant safety standards. Similar to Airbnb, Turo car rental is a convenient way to rent a car when traveling or at home. Depending on the car you have, how often you rent it, and the area you live in, it’s possible to cover your entire monthly car payment, or even make a profit. Guests choose from a totally unique selection of nearby cars, while hosts earn extra money to offset the costs of car … Turo has a ‘carculator‘ that estimates how much your car might earn if you rent it out on Turo. Hello everyone hope everyone is having a good thanksgiving. And during my trip i had parked outside a storefront and while i was paying a heard a loud slam outside the store so i went outside to check it out and the side of the car was completly wrecked i was so confused and angry as to what happened. This policy is written by Liberty Mutual and comes in either $30,000 in liability coverage or $1,000,000 of liability coverage. This requires additional investments from the owner of the vehicle, but the costs usually pay off quickly, since keyless access increases the number of rental transactions. Rental cars pose some risk due to shared surfaces among travelers, but companies are working to better sanitize cars between renters. Turo, formerly Relay Rides, is a peer-to-peer car sharing company that started in San Francisco, California in 2009. * Many people wonder about how insurance works with Turo. I have three cars that I rent out: a 2017 Rogue, a 2017 Sentra, and a 2018 Sentra. Three days after the completion of your rental reservation, your part of the fees will be deposited into your bank account. While Turo takes up to 35 percent of the rental cost, that cut covers insurance for your vehicle and advertising your car on their site, which helps bring in customers. So, you have thought long and hard. The truth is that you have to have your own insurance on the car but it will never be used if renting out with Turo. Turo promises rental car prices 35% lower than traditional car rental agencies. It took some sleuthing and a lot of back and forth, but eventually Turo cut a check for $3200. The appeal of Turo is that those wanting to rent cars can browse the listings and find exactly what they need at the price they want. The 2017 Sentra is my lowest priced rental…and it’s my top earner. Your Turo Journey Begins. Renting a car from Turo. How to Rent Out Your Car: Turo vs. Hyrecar vs. GetAround. You’ve come to the right site. Turo is a peer-to-peer car sharing marketplace where you can book any car you want, wherever you want it, from a vibrant community of local hosts across the US, Canada, the UK, and Germany. We suggest using Turo Carculator to help you make a more-informed decision about pricing your car. I went to rent a car on Turo and found one for $27. Learn more about using Turo Carculator. Turo car rental is a peer-to-peer car rental service — essentially Airbnb for cars. I’m … You’re covered. Car owners looking to rent on Turo can opt out of a Turo insurance plan only if they have commercial insurance that they could provide themselves. Turo has been operating since 2010 and has thousands of cars to rent in over 5,500 cities worldwide. It’s a good general guide that will let you know if renting is right for you. Once you book a car through Turo Rent Your Car, it becomes a simple matter of communicating with the owner through the app, and either retrieving the car or waiting for the owner to drop it off. To list your car, your vehicle must be a 2005 model or newer and have fewer than 130,000 miles. Turo is a car-sharing network that offers customers access to rental cars from local hosts. Turo: the company that lets you rent your personal car out for money. Well what Turo does is allow car owners to rent their cars to others to make money from their car when it is not in use. Turo (formerly RelayRides) bills themselves as the Airbnb for cars is a service that allows you to rent out your car for cash! It routinely earns 4 times the lease payment every month. How to list your car on Turo. After you list your car, you can set your vehicle rental price, but in general the Carculator will show average earnings for your vehicle in your area. Turo is misleading and uses false advertising. Turo pretty much tells you they have no idea if your car insurance will cover you and suggests you buy a “spot” policy that covers you while driving. You want to make some money renting out your personal car on Turo. Anyways i rented from Turo about 6 months ago. Benefits of Renting Your Car on Turo. For example, with Turo, you’ll earn between 65% and 85% of the trip price. While it is easy to add a Turo car to your personal policy, you are engaging in activities that could result in claims being denied! 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