Turo appears to be cheaper than conventional renting agencies. However, guests must create an account and pass the verification stage before calculating the additional fees at checkout. When the extra fees are added to the base price, Turo prices can potentially exceed rental agency prices.
Is Turo cheaper then Enterprise?
Turo functions like an Airbnb for cars in that you can book vehicles directly from their owners. The company has over 450,000 listings across the US and Canada, so it's available in most major cities, and I have found it to be more affordable than booking through companies like Hertz and Enterprise.12 May 2021
Why is Turo so expensive now?
When a trip fee on Turo is quite high, it is due to certain factors. Firstly, the higher the value of the rental car, the higher the trip fee will be. Shorter bookings on Turo also result in higher trip fees for users. Finally, last-minute bookings have higher trip fees than those made in advance.
Does Turo have hidden fees?
Some of the hidden fees are: Dropoff and pickup fee. Percentage of trip fee charge by Turo. No-show fee.29 Jul 2021
Is renting cars on Turo profitable?
Turo itself is making money, and hosts who rent out their personal cars are making a small personal profit too. According to the WSJ, on whether you can make money: Turo's website says hosts with a fleet of nine cars can earn an average of over $90,000 a year.27 Aug 2019
How much do you really make on Turo?
Turo reports that U.S. hosts make an average of $545/month. You can earn 90% of the rental fee if you offer Extras (I'll explain this further down). You receive 100% of reimbursements incurred by your renters, including fuel replacement, tickets, tolls, and cleaning or smoking fees.15 Jan 2021
How much can you make on Turo a month?
Hosts with a Fiat 500 earn an average of $474 per month. Hosts with Chevy Camaros earn an average of $73 per day, and this means they can get around $755 on average per month. The more days per month that your car gets booked, the more money you can earn.12 Dec 2021
Is Turo a good side hustle?
Overall, we are so happy with our Turo experience and see it as a great side hustle for those who love cars but don't get too attached (since you do have to share). With a little creativity and marketing effort, we now have three cars earning their keep.
Is it hard to get approved on Turo?
In most cases, approval is immediate. In some cases, we need additional information to verify your identity. If we need identity photos to verify your account, we'll let you know.
Can Turo deny you?
Turo has the right to decline your trip request and remove you from the platform because of your auto insurance score, criminal background, driving record, or any other reason.
Is using Turo a good idea?
Though using Turo as a more affordable car rental option is certainly a good use right now, the real fun starts in the $150 to $200 range. While that price would likely land you a Buick Regal "or similar" at a standard rental company during non-shortage times, you can land a Tesla Model 3 for a similar price on Turo.6 Jul 2021
Is Turo car rental trustworthy?
The app has a 4.8/5 star rating from 156.1K reviews on the App Store and 4.9/5 stars from 54.2K reviews on Google Play. Turo's Better Business Bureau profile isn't quite as positive: The company has an "F" rating and 2.76/5 stars from 347 customer reviews.29 Jun 2021
Can Turo be trusted?
If you're wondering if renting a car is safe, we spoke to experts who say yes, as long as proper precautions are taken. Turo has also updated its policies and guidelines to help ensure safety.6 Jul 2021
Is Turo a good brand?
The Bottom Line My experience using Turo was great and I would highly recommend it to anyone looking to circumvent the high prices at traditional car rental agencies.4 Oct 2021
Is Turo a good way to make money?
If you're going on a long trip or have a second car you don't use often, hosting on Turo is a good way to make money on the side. Turo helps people rent all different kinds of vehicles, including Teslas, pickup trucks, saloon cars, and even luxury vehicles.12 Dec 2021