Until 2017, when you had to plan for a trip, your first step was probably searching for the cheapest rental agency to book a car and looking for a way to get the best deal on car rental. But when Turo was created, the dynamics immediately changed. You now have the opportunity to save money on car rental, and you can even decide to make money renting your car.
Turo is an American peer-to-peer car sharing company. Car owners can use Turo’s platform to rent out their car if they are not using it, usually to travelers or locals, and typically for much cheaper than a rental car.
By now, Turo is available in over 5,500 cities and 86 worldwide countries, including:
The big advantage of Turo is that you are able to rent a car different from those belonging to the traditional car sharing fleets in a few clicks and for the time you decide. From a Tesla to a BMW i8, a Mercedes Benz or even a Lamborghini, more than 850 makes & models are listed and in some cases can be delivered directly to you.
Turo claims they built "a safe and supportive community marketplace where guests can book any car they want, wherever they want it." The business model is simple and allows hosts to lease or rent out cars to travelers seeking short-term rental.
The company continues to grow by taking advantage of the sharing economy. Turo is an opportunity to make money that should be taken into consideration just like other gig economy companies, in particular Airbnb, Uber and Lyft.
Sometimes you just need a set of wheels, or you want to do an unforgettable trip on a Ferrari and you do not know how to do it. The good news: There is Turo. Turo is an online platform that connects car owners renting out their vehicle with guests who need a car and are looking for a cheaper option than a typical car rental.
Turo has become an example of the sharing economy. If you have not used Turo yourself, chances are good that at least one of your friends or relatives has booked a car through their website. Maybe you have even considered listing your car on Turo: they make it so easy.
Just sign up, upload some pictures of your car and that’s it! Without a doubt, Turo can help you earn money no matter where you live.
If are you thinking of becoming a Turo host, here is how to do it right. Start by downloading the Turo app.
Turo is a great and inexpensive way to rent a car. To find the perfect deal, you first need to go to the Turo website or on their App. It will be easy to find the perfect car. You will be able to refine your search by using various filters that are available, like:
Before you can review the listings, you will need to create a profile on Turo and to provide some information. You will also have to go through a verification process and provide a profile picture and ID.
Once you've completed and filled in this basic information, you can browse over 350,000 vehicles listed worldwide.
When you've found a car you want to book, depending on the host's preferences, you will either be able to instantly book the car or request to book it.
With Instant Book, you will be able to reserve the car right away with no additional steps. If the host has decided they want to review and approve bookings before they are finalized, you can choose Request to book. This will prompt you to upload your payment details and wait for the host to approve your request - within 24 hours of submitting it.
Turo provides 24/7 roadside assistance services to all the guests.
Once you've been approved for the car, you can coordinate directly from the app with the host about specifics like where to pick up the car or how to get the keys. With Tuto, you can bypass the rental counter at the airports.
Get started now, download Turo App.
The first important point to understand is that Turo is not an insurance company. You are required to maintain your personal car insurance and to keep the insurance card in your vehicle at all times.
Once you list your car, you can choose a Turo protection plan to protect you against any accident or damage. There are 3 different insurance coverage levels with 3 different costs. The liability coverage is included in all plans. The difference is for the financial responsibility of damage to the vehicle during the booking period.
You pay 15% of your total rental fee for insurance and you will be covered with a $1 million liability insurance policy from Turo’s insurance partner, Liberty Mutual.
You pay 25% of your total rental fee for insurance. This plan includes:
You pay 35% of your total rental fee. This plan includes:
Note that this is the total amount you have to pay Turo for renting on its platform—it also covers the fees of listing your car.
Independent rental car companies can boost their earnings and become Turo commercial hosts. They are independent hosts or companies who offer guests their own commercial rental insurance and not a Turo protection plan.
Yes, Turo worked hard with insurance companies. Nevertheless, before choosing your car, we suggest you pick a car owner with some good reviews.
To make the process more efficient and effective, faster and simple Turo accepts payments from most debit and credit card companies including MasterCard, Visa, AMEX and Discover, as well as Apple Pay and Google Wallet.
Additionally, hosts may be paid in a variety of ways including direct deposit or PayPal. PayPal is the only payment option available for hosts outside of the US.
Turo charges fees representing 10% of your payment. These fees are a commission to cover the costs of running the company.
Once the guest has chosen the car, they have to enter their payment details in the app. Turo will handle the secure payment to the host through the aforementioned methods after the driver has taken possession of the vehicle.
One question I asked myself when I set out to become a Turo host was how does the Turo price breakdown work?
It’s a question that both hosts and guests ask on a frequent basis. The total price of a reservation on Turo is based on the daily listing price set by the host. Pricing is always determined by the host.
The host will set a price per day, as well as additional fees like a post-trip cleaning fee for example. As a host, you can choose if you want to charge a cleaning fee or not. But from my experience, it is a rare occurrence to see a listing that doesn’t chargeone. From a guest point of view, there are several factors which form the price you see when making a reservation:
To help explain, let’s look at a real life example.
The good news is that :
To summarise, below are some common FAQ’s that I often was asked.
The trip price is the price charged by a host.
A one-time cleaning fee charged by hosts to cover the cost of cleaning up their car at the end of the rental. If the Host opted for charging a cleaning fee, it will be charged on top of the base price.
Yes. The total price includes taxes, as well as fees.
While there can still be a debate on choosing Turo or a rental car, there are several advantages that Turo provides compared to the traditional car rentals.
Benefits of choosing a car listed in the Turo App over a rental car include generally cheaper costs and the possibility to choose the exact car you want, including the vehicle’s make, model and colour. Depending on the options selected by the Host, the car might be delivered to you anywhere you are, or you can pick it up wherever you want.
In addition, Turo has a huge database of vehicles. Whether you want to rent a basic car or a fancy one, they’ve pretty much always got you covered. Turo work particularly well for families traveling together or even for business trips.
Regardless of which one you choose, checking prices and options can help you decide.Get Started with Turo
If like me you love to travel, you know that visiting the greatest places comes at a cost. Turo knows that too, so they have invented a way to make travelling more convenient than ever.
Turo in a way is the Airbnb of car rentals. The great thing about Turo is that it will almost always be cheaper than traditional car rental companies like Entreprise, Hertz or Avis. And on top of that it is much easier and convenient!
But just like Airbnb, Turo is not great only if you want to rent a car. It is a simple way to earn money by renting your car when you don’t need it, at a price you decide.
Just get started now and download the Turo App !
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