Adapt Or Die: Turo Goes Instant Booking Only! Is Your Business Ready?

INSTANT BOOKING ON TURO IS NOW MANDATORY INSTEAD OF OPTIONAL. THIS CAHNGE WILL DEFINETELY SHAKE THE CAR SHARE MARKET UP!! BUT WILL THIS MAKE OR BREAK YOUR BUSINESS? SHARE YOUR THOUGHTS BELOW.
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[@tsgtezzy]

Picture this: You're a Turo host with newer cars worth $50,000-$100,000+ each. Now, imagine if someone with a troubling track record-where their last three consecutive rentals were marked by being a terrible renter, trashing the vehicle, and smoking inside-they just recently received these dismal one-star ratings. They currently hold a 2 star rating. Now, they can instantly book your car. Should Turo allow such renters to auto-book, leaving hosts like myself to be hit with automatic damaging reviews, a decrease in algorithmic search results, and $50 fines? All these unjust penalties, just for prioritizing Turo’s selfish business model over your safety, protection of your rentals, and the future guest experiences with your rentals.

[@StefanMarquardt]

Yea that’s a hit…new cars on Turo doesn’t make much sense unless your using it to offset other income

[@iamOAKland]

Solve that problem by NOT PUTTING YOUR PRIZED POSSESION ON TURO!!!!!

[@ewlincueto]

For business like this , when do you recommend we start looking to sell the car and start looking for a new one ( nee one as in a used but newer car than the one you trying to sell)

[@DanielVargas-vw2os]

Your content is straight fire 🔥

[@rebekahbynum602]

Someone took my outback from Texas to Colorado. The instant booking didn’t bug me at all.

[@StefanMarquardt]

I been getting more bookings since instant 🤷🏽‍♂️

[@quintonwilson3367]

I’m thinking about starting this with my wife, luv your knowledge on the car business very realistic since I used to sell cars. What are the best kill switches and tracking devices that you use?

[@Donslimpapi]

What’s your yearly net income with your current fleet?

[@iamOAKland]

Smh!!!

[@NestorRodriguez-d7k]

So do you still have to check their drivers license prior to them picking up the car?

[@StefanMarquardt]

I still do if it’s not a remote handoff

[@shawngermany9102]

💯. Great detail. For a person looking to get into this field. 👍🏾

[@StefanMarquardt]

Thanks for watching

[@Lescouflair]

Wow 🤩 Amazing Content

[@SharonWolfe-s1u]

I just started and first one instant book was on july 4th and I missed it and was charged 190 for canceling last minute I never opened message or verify or cancel

[@PhillyPhantom1]

As someone just getting started, I definitely appreciate your videos!!

[@StefanMarquardt]

How many cars? Which city/state?

[@PhillyPhantom1]

@@StefanMarquardt Hilton head island, SC. Putting a 2017 XT5 on the road. Around here $70-85 on average per day and I plan to get an economy vehicle on the road soon if it goes well! It doesn’t seem like there are a TON of vehicles here, but a decent amount of airport pick up. Mostly part timers and a couple with a small fleet

[@StefanMarquardt]

@PhillyPhantom1 sounds like a decent price for the XT5, but you would’ve be able to gauge how well an economy vehicle would do, unless you list the economy vehicle

[@ewlincueto]

How do airport pickups work? You bring the car to them as in... you pick them up in the xar youre going to rent out?​@@PhillyPhantom1

[@2_one_2143]

No lie homie, if it can’t drive cross the world I can’t own it. I respect your hustle just me. I’ve had 2011 CRV that drove 18hours away. Best to put only intown on cars you own & feel uncomfortable w/going outta town

[@pako6439]

You think 2024 is still a good time to get into this Business model ?

[@StefanMarquardt]

Economy cars yes

[@tjwilliams2787]

Which kill which do you use on your cars?

[@StefanMarquardt]

Goldstar and Advantage. I like Advantage a little more. I ordered a few GPS with app control so gonna test those out and make a video.

[@yesyesshaun]

Great video 👍🏾👍🏾

[@StefanMarquardt]

Much appreciated 🙏🏼

[@garyedmonds71]

I need a car

[@StefanMarquardt]

You in ATL area?

[@Black06ification]

I need a car as well, not in Atlanta but I am just a few hours away. I want to purchase a good car 2021 etc to get started on Turo.