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Is Turo legit? Can you make money by renting your car on Turo? If you’re looking for the answers to these questions, you’ve come to the right place.
In this review, I will share all of my research on this platform, so you can decide for yourself, if it a site you want to use to earn some extra income with your vehicle.
Let’s get started.
What Is Turo?
Turo is a car-sharing application that some have compared to Airbnb. Once you download the app, you can use it to book a car. This service is available to users in England, the US, and Canada.
The application gives you access to a variety of vehicles within your vicinity. Their prices will vary depending on the vehicle you have chosen and the perks being offered.
They have over 850 different makes and models, many of which are delivered right to your doorstep if you are willing to pay the extra fee. People who opt for this app, should expect to pay 35% less for their rentals.
The company, which is located in the Bay Area, CA has over 5 million users. Their services are targeted towards consumers who need cars to rent and members who have cars they are willing to rent out.
How Does Turo Work?
As mentioned above, this application is designed to cater to the needs of people who need cars and people who have cars. Those people are customers and hosts.
1) Customers
To use ‘Turo Rent Your Car’, you must download their app. You can access the program using a mobile device or a computer.
You cannot join Turo without submitting a valid license. Once you become a member, you can start searching for cars in your area.
You can select cars based on the make, the model, price, and more. You can also specify when you will need the car and where you would like to pick it up. The app allows you to select cars based on the ratings of the hosts.
They also provide pictures and reviews from customers that previously drove the car you want. Once you have settled on a car, you can determine whether you want the owner to deliver it to you or if you are willing to pick it at a location they have chosen.
You can manipulate the total cost of renting a car through Turo by either adding or removing certain perks and offerings. 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.
Turo has assured its customers that all the cars it offers are screened to ensure that they meet the relevant safety standards. Turo offers 24/7 roadside assistance for those that need it.
2) Host
The people that own the cars that Turo rents out are called hosts. This app appeals to people that have a vehicle they rarely use.
It also appeals to people that have multiple vehicles. It is, for the most part, a passive means of making money.
The host’s only role is to list their vehicle on Turo’s app. Once the customer books and takes their car, they can sit back and wait for their money to arrive.
They can choose to either bring the car to the customer or leave it at a location that they have agreed upon with the client.
Hosts are encouraged to take steps to make their profiles and vehicles more attractive. This is why some people offer drop-offs and pick-ups. However, this can be challenging as some customers have hectic schedules.
But hosts know that the easiest way to get a strong rating is to cater to the needs of the client. And the higher your rating, the better your chances of landing more clients down the line.
Some hosts use devices that enable them to remotely unlock vehicles once the client arrives. In other words, they don’t have to sit there and wait for the client to arrive. They can just leave their vehicle at the designated site.
Hosts are expected to clean their cars, fill up the gas tanks, and take photos (for insurance purposes) before they hand them over to a client.
How To Join Turo
You can join Turo by visiting their website and signing up. You can use Facebook or Google to join. You can also download the app on the App Store or on Google Play.
They require your license to authenticate your identity. It takes 24 hours for a client to get approved to rent and drive a car through Turo.
This process may take longer for some people. If you have an account, your profile page will show your approval status.
Turo will reject you if they need additional information. If you want to list your car as a host, you should know that the app doesn’t accept certain types of vehicles. This includes RVs and motorcycles.
Additionally, they do not permit their hosts to list their vehicles on other platforms. They demand exclusivity.
Turo accepts vehicles with less than 130,000 miles and a clean title. They must be a 2006 model or newer and they should be legally registered in your area. The company will make exceptions for older vehicles that are in excellent condition.
How To Make Money With Turo
You make money on this app by listing your car on their platform, setting your prices (and rules), and waiting for guests to book it. Once a client takes your car, the app will pay you 65% to 85% of the rental fee.
The average car costs anywhere from $25 to $150 a day to rent. Expensive models cost way more than that. You can set your own prices, but the company will make adjustments to your fee if necessary.
The vehicle protection plan you choose will affect your earnings. Turo keeps 10% to 35% of the money the customer pays.
Turo Competitors
Turo is a relatively popular company, but it is not the only car-sharing firm on the market. Some notable competitors include:
1) Fetch
This is a car-sharing platform that pays its hosts roughly $10 to $25 an hour. It demands a commission of no more than 30%.
Fetch differs somewhat from Turo because it specializes in trucks and vans. They provide devices that will lock, unlock, and start a host’s vehicle, eliminating the need for car owners to meet customers.
2) Hyrecar
This car-sharing app is somewhat unique because it rents your car to drivers that work with Uber and Lyft.
This exposes your vehicle to greater risk than what you might encounter with a client that has rented it for personal use. They pay $30 to $40 a day. But that is before commissions are deducted.
Turo vs Getaround
The Getaround platform allows you to rent a car at an hourly, daily, weekly, or monthly rate. If your car is damaged and your insurance is inadequate, you can always rely on this app’s umbrella policy.
They are not necessarily free to join. You must pay a one-time fee of $100 before you can secure their software, not to mention a $20 maintenance fee.
Is Turo Profitable?
Turo is profitable. You can earn up to $500 a month if you have one car. That figure jumps to $3000 if you have three cars or more.
The app works best for people that have inexpensive cars. Also, the more cars you have, the more money you will make.
What Are The Most Rented Cars On Turo?
The Ford Mustang is one of the most profitable vehicles on Turo. People love it because it is sleek, affordable, and also exotic.
You also have the Jeep Wrangler, which is known for its versatility, the Toyota Prius which saves on gas, and the Mercedes Benz C-Class.
How To Put Your Car On Turo
If you already have an account, putting a car on Turo involves the following:
1) Start by finding and clicking the ‘List Your Car’ Button. The site will ask you to provide the license plate number and the car’s location. You must also provide details like the make, year, trim level, and odometer.
2) Specify the advance notice requirements. This will determine the availability of your vehicle. The more flexible, the better.
3) Describe your car. Try to paint it in the best possible light. Give people a reason to choose your vehicle. Turo will expect you to list every feature your car has to offer.
4) Submit pictures of your car. You must include images of the interior and exterior. Show as many angles as possible so that guests know what to expect.
5) Do some market research and use what you have learned to set a competitive price. You can also offer bonuses and discounts.
6) Specify your delivery radius. If you have airports in the vicinity, identify the airports to which you are willing to deliver your car. Provide clear instructions that detail the process your guests will follow to acquire your car and its keys.
7) Add an FAQ, guidelines, mileage limits and reimbursements, and insurance packages.
Is Turo Legit?
Turo is a legitimate company with a valuation of over 1 billion dollars, and over 5 million users at the time of this review.
Some hosts have criticized the app for siding with customers who have damaged their vehicles. Others have raised complaints regarding Turo’s inability to cover their insurance claims. That being said, they have a largely positive reputation online.
Better Business Bureau
The company has an F-rating with the Better Business Bureau. This can be due in part to the company’s failure to respond to the numerous complaints it has received over the years.
Trustpilot
The reviews the company has received on Trustpilot have earned Turo a ‘Great’ rating. With over 6,000 reviews on the platform, and 76% of people rating the company as excellent. People like the concept.
They love the idea that the app allows them to drive cars within every class at affordable prices. Some customers appreciate the simplicity of the site and the fact that it is so easy to find a vehicle.
Others have lauded the entity for its excellent service and friendly prices. Because customer feedback is overwhelmingly positive, there is no reason to believe that this organization is a scam. Even though its services have frustrated some hosts and guests, it is, without a doubt, legit.
Conclusion
The Turo app is a legitimate platform for putting your car to use and earning some extra cash. No app is perfect and Turo certainly isn’t. But of the car-sharing applications, this app appears to be at the top of the list.
If you sign up as a host, expect to make a few hundred dollars per month. If you have multiple vehicles that you can list and some of the more popular vehicles in a hot city, you stand to make even more.
Turo FAQ
Is renting your car on Turo worth it?
The reviews the company has accrued on Trustpilot.com are great. People like the concept. They love the idea that the app allows them to drive cars within every class at affordable prices. Hosts like the idea of making hundreds of dollars per month with their vehicle. If you’re have a vehicle that can work or you, it seems to be worth it.
Is Turo safe?
Users have lauded the entity for its excellent service and friendly prices. Because customer feedback is overwhelmingly positive, there is no reason to believe that this organization is unsafe. Even though its services have frustrated some hosts and guests, it is, without a doubt, legit. No company is perfect.
How much money do you make from Turo?
Turo is profitable. You can earn up to $500 a month if you have one car. That figure jumps to $3000 if you have three cars or more. The app works best for people that have inexpensive cars. The average car costs anywhere between $25 and $150 a day to rent. Expensive models cost far more than that. The vehicle protection plan you choose will affect your earnings. Turo keeps 10 to 35% of the money the customer pays and the rest goes to the host.
What's the most rented car on Turo?
The Ford Mustang is one of the most profitable vehicles on Turo. People love it because it’s sleek, affordable but also exotic. You also have the Jeep Wrangler which is known for its versatility, the Toyota Prius which saves on gas, and the Mercedes Benz C-Class.