Do any of you guys have a side hustle? I've been thinking about buying a fleet of cars and renting them out on Turo. I did some research and figured it would be some fairly decent pocket change.
I know one guy who rents 3 cars on Turo, he makes about $1000 after paying the loans.
1k every month or year? How about maintenance?
Every month. Don't think maintenance is included in that calculation.
Heard of Uber bro? They pay your rent.
What? Service Vs product?
You are both
Read the TOS carefully. If I remember, accidents must be reported within 24 hours whether or not you know about them. Your regular insurance might not cover it if it’s a business venture
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Turo is bullshit. I’d never rent a car on it unless I want something exclusive. Better to use advantage car rental. Cheaper and better.
Well Advantage likely has exorbitant rates for luxury cars. I'd only be renting our luxury cars and wouldn't charge an arm and a leg.
Not really. Depends on location, but on average $80 a day for Lexus or Infiniti.