Other examples from the same Turo report linked above show vastly different earnings between car types. To get an accurate idea of what you can earn, Turo offers a “Carculator” where you can input your car model, manufacturer, and location for an estimate. The amount depends on your vehicle and type of insurance, with the Porche Boxter earning the highest. How Much Can You Actually Make on Turo?Īccording to Turo’s official website, the highest earnings are about $1,365 per month. Turo hosts can choose different plans that dictate what percentage goes to them and what goes back to Turo. Hosts register and wait for requests for their vehicles.
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Renters only need to download the app on Android or iOS or visit the website to search for vehicles near them. Turo connects local car owners to people who want to rent a vehicle in the area. It also allows renters under 25 years of age to hire vehicles, unlike traditional car rental companies. The service is available in the US, Canada, the UK, and Germany. Turo helps people rent all different kinds of vehicles, including Teslas, pickup trucks, saloon cars, and even luxury vehicles. 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. This also allows renters quick and convenient access to vehicles of different types at cheap rates. It allows car owners to rent out their vehicles for some extra cash. Turo is a popular peer-to-peer vehicle-sharing platform. Access exclusive scholarships and prep coursesīy continuing you agree to our Terms of Service and Privacy Policy, and you consent to receive offers and opportunities from Career Karma by telephone, text message, and email.Career Karma matches you with top tech bootcamps.