turo car rental business

[H4ck]

what are your thoughts on buying cars and renting them out on turo.com as residual and passive income?

[ebaystealth1974]

If it would rent frequently, definitely. But I doubt it would.

[MM78]

I've actually looked into renting cars from TURO.

[Sunspot144]

Lamborghini's for rich kids

Smart cars for this green movement that might gain traction

[phaz0rz]

yankee does this with RV's and was saying a while ago it's turned into an awesome income stream for him.

If you have the capital you'd probably have more luck renting out RV's to short term renters.

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[ebaystealth1974]

IF he's in an area that people camp.

[phaz0rz]

Cali?

Yeah, they camp there.

[ebaystealth1974]

Oh... so this is legit Jarksy? I haven't been around much lately lol

[phaz0rz]

Originally Posted by ebaystealth1974

Oh... so this is legit Jarksy? I haven't been around much lately lol

Too many similarities for it not to be IMO.

[ebaystealth1974]

True dat...

[H4ck]

buy 10-20 cheap cars in cash.......and generate.....20-30 bucks per car?

then again your out 40k.............

[rsot]

Originally Posted by H4ck

buy 10-20 cheap cars in cash.......and generate.....20-30 bucks per car?

then again your out 40k.............

Lot of effort involved too

[rsot]

Originally Posted by Linda458

I did not try this mentioned website but I try many other Car Rental sites which is more reliable and have so many good reviews from tourist though which gave a little blind faith to use the same for travel in unknown cities

Welcome to the forum - all the best as you master stealth

OP had wanted to start his own rental business...

[jas]

I can’t imagine anyone doing this with their actual car like Turo want.

I know how I’ve driven rental cars myself in the past

[H4ck]

Id rather be the guy making another website that competes with turo and undercuts them.........

because the person that lists their cars up for rent on turo, eventually his business will not always be strong because of how easy it is for anyone to come in and take marketshare away.......you make xx dollars on year but it might not be the same next year........it may be a lot less....

the best route is to make a website because if your website is strong enough.....it can easily last decades on in.....and if other companies see you as a threat they may offer to buy you out and you can retire.........

the website aka the house, will make billions of dollars if expanding out to countries worldwide......

the guy who puts his rental car business on turo........questionable in the long term if people start jumping on the platform..........

[phaz0rz]

Naturally it's more profitable to be the hosting platform than to be a 3rd party service provider advertising on the platform. That's why aspkin makes more off of this forum than any of the service providers here could ever hope to.

If you're good enough to make a site that could potentially outrank Turo (or even show up near them in search results), and you could get all of the necessary licenses and insurance policies, then you'd be wasting your time advertising on Turo instead of developing your own car rental platform.

Just a head up though.. nudy pics and gigolo fantasies aren't going to get you very far in web development.

[rsot]

Originally Posted by phaz0rz

Just a head up though.. nudy pics and gigolo fantasies aren't going to get you very far in web development.

But good for lawsuits down the road...

[Kar9kun]

You will not earn a lot,caz u need to pay huge fee

[Arde]

Originally Posted by jas

I can’t imagine anyone doing this with their actual car like Turo want.

I know how I’ve driven rental cars myself in the past

lol

[Arde]

cars need to be newer models right?

[yankee]

Originally Posted by H4ck

buy 10-20 cheap cars in cash.......and generate.....20-30 bucks per car?

then again your out 40k.............

Umm....People rent NEW cars of Turo I have a partner with 732 Turo rentals in the past 15 months. NEW cars rent. Old junk will not. His are all 2017-2018 low miles bought specifically for Turo. 4 units always rented at $40-60 a day. Mostly small suv like cars and economy cars. His total investment is 80k in the 4 and he will make all that back in 2 years and of course make the profit on the flips.