Turo rental

Many or all turo rental the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations.

If you've ever imagined yourself cruising down the Pacific Coast Highway in a convertible Ferrari with the top down, there's an app for that. Turo allows people to rent out their cars to customers for a daily rate. Renters range from families looking for inexpensive SUVs for road trips to vacationers who want to pull up to their hotels in luxurious sports cars. Some hosts rent as a side hustle to earn passive income , while others operate full-time businesses. While many Turo hosts find business opportunities, there can also be downsides to renting out your car to strangers.

Turo rental

How it works, what's covered, and why I think Turo is a great car-rental agency alternative. If you tried to escape your city on four wheels during the summer of , you might remember that fateful time as the Great Carpocalypse of the coronavirus pandemic. Following a nosedive in demand thanks, isolation , the rental car industry suddenly changed course post-vaccinations, and the surge in popularity sparked major price hiking. Bureau of Labor Statistics data showed that the cost of car and truck rentals rose by 88 percent from June to Around that time, after spending a few weekends in our "cozy" read: small Brooklyn apartment, we felt it was time for a reprieve from the sweatbox that is New York City in the summer. We wanted to take a trip out to the North Fork — drink some wine, shuck some oysters, stay at an adorable bed and breakfast — but we didn't want the hassle of calling and waiting for an Uber or taxi every time we wanted to go anywhere. Renting a car for three days would have cost us more than a roundtrip flight to Europe. Refusing to pay "the man" Avis that kind of money, I searched for alternatives and came across the car-sharing company Turo. Much like Airbnb but for cars, owners post their vehicles for rent on the platform. Car owners "hosts" create a profile for their car, set a price and mileage limits, then prospective renters "guests" search by location and filter by price, rating, type of car, etc. I read multiple accounts of other users' experiences and found mostly positive reviews. Of course, as with using any new service for the first time, we had our reservations: What if the car didn't match the photos or description?

Here are some of the times you might consider booking with Turo, and what to look out for.

The internet has fueled a growth in people renting their properties through Airbnb, and has enabled us all to become amateur taxi drivers as and when we wish through Uber and Lyft. Maybe this makes sense for people with a spare car they seldom use. But does it make sense for you, as a potential renter, to take advantage of such services? Should you cut up your Hertz Number One Club card, and those of the other rental car companies, and now rely on Turo for your rental car needs? Some people have written to us, extolling the virtues of Turo. But others have had less positive experiences, and our own attempts to use Turo have also been disappointing. Here are the issues you should consider before renting a car through Turo.

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money. Given high rental car prices and often limited rental car availability, alternative rental car services like Turo can be a lifesaver.

Turo rental

Turo, the venture-backed, peer-to-peer car rental service, reported its fourth-quarter and full-year financial performance this week in an updated IPO filing. The company first filed an S-1 to go public in early , later updating the document quarterly in preparation for an eventual offering. TechCrunch covers its regular financial disclosures as they provide insight into when a deeply funded startup with a historical billion-dollar valuation will decide to finally pull the trigger and list its shares publicly. The company has put the capital to good use, posting quick revenue growth since , positive operating income since and net profit since

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There is no fixed price per day for any of the three levels of insurance provided by Turo Premier, Standard, or Minimum , as the daily rate depends on the vehicle, market, and other factors. Was this page helpful? Only when they were collecting the car was this uncovered, and the person who owned the car demanded it be returned to a location close to SNA. The owner might not have another car to substitute, and you might find yourself stuck with no car, and no advance time to find an advance-reserved low rental. Scroll to Top. I'm going to make sure there's no damage and the car is working in proper condition, it gets washed and thoroughly cleaned inside. Thanks for your feedback! My drop-off time was pm. Other hosts prefer in-person exchanges. You can easily rent cars through this app. Because it was the only car she owned at the time, the first month came with some lifestyle changes.

How it works, what's covered, and why I think Turo is a great car-rental agency alternative. If you tried to escape your city on four wheels during the summer of , you might remember that fateful time as the Great Carpocalypse of the coronavirus pandemic. Following a nosedive in demand thanks, isolation , the rental car industry suddenly changed course post-vaccinations, and the surge in popularity sparked major price hiking.

Also, while you can get the car delivered, I have not been inconvenienced by a short Uber trip to pick the car up, being that there are now endless hosts using the platform which means a car is never more than a 10 minute drive away. If Turo doesn't have sufficient options, but you're generally enticed by such rental car alternatives , you might also consider Turo's competitors, such as Getaround. Most aren't able to do that when renting with Turo because it considers itself a peer-to-peer car-sharing platform, which credit card insurance policies don't usually cover. If it's not an amazing deal, we won't send it. Car insurance varies when you purchase it through Turo. He calls these types of cars " bread-and-butter " vehicles because they aren't luxurious, have four-wheel drive, and cater to people getting to work. Auto rental collision damage waiver. The Turo app works much like the Turo website when it comes to searching and booking a car. Not everything is identically the same as with a regular rental car company, and it pays to be aware of the differences. The core component in the price of a Turo rental is the daily rate set by the host car owner. Whether you're flying in from afar or looking for a car down the street, searching for a rugged truck or something smooth and swanky, guests can take the wheel of the perfect car for any occasion, while hosts can take the wheel of their futures by building an accessible, flexible, and scalable car sharing business from the ground up.