Breaking Down My 18 Car Turo Fleet

Let's break down my 18-car Turo fleet
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00:00 - Intro
What is up you guys! In today's video, I am going to be peeling back the curtain and talking about my 18-car car-car sharing fleet, what my fleet makes, the things I've learned, well as any tips and tricks I have. Let's go!
01:23 - My Fleet & Metrics
So, let's first go over my fleet, and let's break down how my fleet started, how it grew, how many cars I have today as well as where my fleet is today.
05:28 - What Has Changed With My Fleet
Now, as my fleet has grown, there have, of course, been a lot of changes that have occurred as well. one of the biggest changes has been the types of cars we buy. Earlier in my Turo career, I bought older, cheaper cars, but in recent years I have started to buy a bit nicer cars. Another thing that has changed has been the time commitment. As our fleet has grown, this has required more time for me and HP.
08:53 - What I Learned
Now, let's talk about what I learned and things I think every Turo host should keep in mind as they grow and scale their Turo fleet. First is your organization; this is important because as you grow, you will have more cars to keep track of, more conversations, more tolls, and overall logistics will become more difficult. Building relationships with local shops and experts is another thing that is incredibly important and will save you time and money. Lastly, is
15:17 - Mindset Shift
One thing I have noticed when growing a fleet is that growing from 1-3 cars isn't much of a shift; in fact, I would argue having 3 cars is in some way easier than having just 1. Growing from 3 to 10 isn't too hard; growing from 10-15 creates some system changes and can be a transition, and then once you get past 15 cars, that is when you really start to see your Turo fleet as a business, rather than a side hustle.
17:00 - Closing
I hope you guys enjoyed this video; make sure to hit the like, subscribe, and the notification bell, and I will see you guys in the next video.
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Disclaimer:
I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a KZbin video for entertainment purposes ONLY. IF stocks or companies are mentioned, Aubrey may have an ownership interest in them - Please do not make buying or selling decisions based on Aubrey’s videos. If you need advice, please contact a qualified professional.
#Turo #SideHustle #FleetReveal

[@Therealjames100]

This is random but a small upgrade to add to fleets is changing out the radios. I have a few olders cars that dont have bluetooth and you would be suprised how mang people dont book your car if it doesnt have bluetooth. A radio with bluetooth and the kit to install will be no more than $100. That small upgrade will make a big difference.

[@dylpspevtre]

Definitely, I would never book a car without Bluetooth, I know it’s an age thing I don’t like the radio as much as controlling my own music

[@The3nd187]

just use an AUX cable

[@michaelbatista2869]

@@The3nd187 simple fix. But a psychology block that you may only understand if you actually do this... customers dont care. They want certain things no matter what. Bluetooth is a must bro. Spend the hundred bones once and itll bring you 1000 a month. I know you understand that math.

[@vimerse]

Thank you for the tip!

[@user-rb8oz4ex4w]

@@The3nd187 I use a bluetooth adapter that connects to the radio by AUX.

[@LibreDeudas]

Omg her course is the best course out there!! Honestly ! Step by step on how to start Turo it’s amazing all the information it has! 100% recommended!! Thank you!

[@roz1052]

Thank you for putting this out here. Because of you my Prius is now on Turo and I'm making enough on the side to mitigate our higher grocery bills. Thinking of adding more.

[@SpeedyKash]

Your best Turo video yet. In fact one of the very best turo videos I’ve seen. Keep it up

[@ivanov568]

Holy smokes, I am renting the blue mazda car from her and HP right now. Can’t believe KZbin’s algorithm recommended me my host’s video right now but I actually appreciate the informative content! New sub too!

[@samanthapowell5882]

When you get that shop you can then offer services to other TURO hosts that are willing to pay you to do the hard stuff for them!

[@AubreyJanik]

That's something we are exploring as well, we will see!

[@sankofaunltd]

Great video as always. I have followed you for tips and guidance since I started my Turo business just a short time ago. The content you have provided has helped me establish and maintain an All-Star host status. You are the best content creator that I've come across on the ride share subject matter. Thank you for all the jewels you have provided me in my journey thus far! Plenty gratitude!!

[@AubreyJanik]

Thank you! Really appreciate the kind words!

[@JohnTothPhoto]

Very good video. Great content. No fluff. Started my "fleet of one" after watching your videos. About to put #2 on the road and keeping an eye out for #3.

[@agustinnery1887]

What are your profits?

[@solargiousa]

What are your net profits after all expenses. Do you own your car outright or lease/ finance it?

[@JohnTothPhoto]

@@agustinnery1887 I just got #3 ;) At some point you have to pull the trigger. My first full month with 2011 Fiesta I got 650 net profit. My first full month is going to close on my 2010 Mazda 5 with 785 profit. My third car hasn't been fully listed yet. I bought the Fiesta for just over 4K and the M5 for 6700. ROI on these is going to be less than a year and since I bought them under market I could sell them when they pay themselves off. Happy car hunting!

[@JohnTothPhoto]

@@solargiousa I just got #3 ;) At some point you have to pull the trigger. My first full month with 2011 Fiesta I got 650 net profit. My first full month is going to close on my 2010 Mazda 5 with 785 profit. My third car hasn't been fully listed yet. I bought the Fiesta for just over 4K and the M5 for 6700. ROI on these is going to be less than a year and since I bought them under market I could sell them when they pay themselves off. Happy car hunting!

[@solargiousa]

@@JohnTothPhoto congratulations. Ty for the encouragement

[@Clickers2Clients]

I just added my 2nd Turo car yesterday and am a bit overwhelmed, can't imagine having 18! I will say your course helped a lot! 3 reviews so far with my 2015 Honda Fit and they're 5 stars, part of that is definitely thanks to car sync and having those helpful automated messages sent out.

[@testingstudionideas3620]

Im planing to buy a honda civic 2014 cash, would you recomed? Im planing to reinvest and buy a second one after a year

[@bruthermark]

Excellent video, I am looking to get into the rental industry via Turo this year but first thing first! I need to fix my credit, was involved in a car accident last year that totaled my vehicle but definitely looking forward to this venture.

[@lukesmith7974]

One thing nobody on KZbin talks about is where all these cars go. Where do you park and store 18 cars?

[@MuseSunflower]

I know I'm curious too.

[@JuanRuiz-gh7xh]

Gréât vidéo .. m’y wife and I still working ti grow our fleet ✌️.. 1. Looking forward to have longer trips booking meaning : improve our cars models and year. 2. Moving to a commercial mindset and have the business under llc 3. Enjoy the process 😎☺️

[@leepatton1180]

You're so smart and I really enjoy the content you're gonna do great with your business

[@deanrojas]

I got a bookkeeper this past year and it's $300 - $1k a month depending on size, super good investment vs. your time doing that

[@richardsantana4175]

Also really enjoyed the video a d looking to get in your masterclass after I do more research

[@ejr5480]

It’s exhausting just listening to this broad!

[@theworthykitchen3807]

Thank you for all the information you share and how well you do it.

[@Reverend-Race-Horsey]

I rent my cars for $35 day and require a security deposit collision damage waiver of $150 - $500 with up to full coverage. My cars have no Bluetooth, but people love the cheap price and the CDW insurance. I have a 2017 Mirage.

[@trent1615]

What area do you do your Turo in? My wife and I are about to put up our first car if it goes well we will add a second a few months later. I think we are going to use a similar model mostly commuter type cars like the Toyota Yaris. We are less mechanically inclined so we where thinking to stay with cars a bit newer probably 2018 less than 80,000km. My wife and I are really enjoying your content. I have already taken your advice to read the terms and conditions.

[@cowcat7436]

when I explained my plan to my father-in-law to get 10 cars in the next 2 years, he asked "where are you going to store them all?" I reasoned that with 92% utilization, they will always be out on a trip. maybe I'll have 1 or 2 at my home for a day at a time to change the oil or clean them.

[@11dremoss]

Excellent ✌🏾. Tons of great value here thanks

[@allan5168]

Love your content Aubrey!! I just started my Turo business in Vancouver Bc have 3 cars listed so far and your content has been so helpful in not making rookie mistakes - thank you 🙏🏼

[@AubreyJanik]

Thank you!

[@hanks8630]

You should buy her course. It really helps when you are starting up.

[@ttfrhoncho6716]

We adjusted our fleet just prior to ACL and F1 month, and it paid off. Got rid of some dead weight, and temporarily went up to 5 cars. Pulling the truck off at the end of the month and dropping back to just 4, which is about all I can handle, part-time, but this month we did $7k, a new record by $1.5k, and two cars were not available the full month. We'll see what coming months bring, as the whole fleet is now more reliable, hopefully. A 7 passenger Euro SUV($2k/mo two of the last three!!!), convertible, Jeep, cheap exotic, and might add back the euro sedan after some serious ($$$) engine work.

[@hannahmanager7646]

Great video, and I watched till the end waiting for the one thing that caught my attention the most. What about insurance costs like when someone wrecks your car damage is it? How do you recoup your expenses? Does this increase your insurance? How do you prevent these things from happening and when they do happen? What is your recourse? You may have covered insurance related issues in another video all on its own so I will go ahead and look at your others. Great work girlfriend, I'm a fellow hussler too, just exploring the hustles to find my next venture!!!

[@WhoDatGee]

I wanna do this exact same thing, I just got a 250k LOC and I wanna use atleast half of it for cars on Turo etc. I can’t wait

[@marcusverniolle2462]

This is gold! Thank you for taking the time. Is there a video that help with how to manage the keyless rental with guest?

[@Max-uu2gs]

NO ONE TALKS About the liability insurance.. OWNER on title EOD is liable for "loaning a vehicle " to another.. Insurance Extremely High risk..

[@hobaca1465]

You guys are super inspirational 👍🏾

[@matthewthomason715]

Great stuff!!

[@Tenriism]

I see that Shelby GT 500 in the garage. Will that make it on Turo as well?

[@masteryo1406]

Very informative, thank you. Liked and subbed!

[@johnjohns9561]

We want a video of your lot and key boxes on windows that are ready to rent. We want to see keyless remote in action! Keep up great work. 🎉🎉🎉

[@DerrickABrooks]

I love your videos. I currently have 8 cars on turo. Looking to get to 20 😎

[@AubreyJanik]

Amazing!

[@lionedheart]

@@AubreyJanik Ive seen people list cara for the first time with a relatively low price and no one has rented it. Popular models too.

[@toneswisdom168]

great insight

[@patkams4337]

Thank you for sharing your experience 🙏🏽

[@AubreyJanik]

Thank you for watching!

[@owenpace31]

Fantastic video your information is Head and Shoulders above any other video I've seen thank you so much

[@TonyLuxuryCars]

Hello Aubrey, my name is Tony I'm in Louisville, KY and I'm also a Turo host, I make over $300,000 a year with only a 17 cars fleet! I love your videos and interviews and would love to do one with you!

[@dennispatton2356]

That's amazing,. Are you renting a newer fleet ? Or older

[@nigeldeforrest-pearce8084]

Fascinating!!! Thank You!!!

[@gxex1]

My boy Hewlett Packard

[@ericbeba]

Its clear that this girl is really in ❤ with HP Every other sentence is HP HP HP ....😂😂

[@tomb7378]

Hi Aubrey, Just found you and Subscribed, I went deep and watched all your stuff from the last year or so. You are an amazing young women! Best wishes to you and your family, look forward to seeing what you do next. Sincerely, Tom B.

[@iammichaelstarks]

That's a great accomplishment!

[@sachab6098]

Hmmmm.... i would really like to manage a fleet in the future, but i would choose economy over nicer cars for sure just to be more affordable than the big companies in the area. I once calculated all the financials for a hypothetical rent service, but honestly people driving themselves really cuts down the cost in some ways. maybe I should go back to school for business. I really want to work with cars but I have a degree in biology lol and no business brain

[@jonmonterrosa6010]

I started with my 1st car on turo October 23rd and had someone rent it out from the 25th-30th. Now I have the whole month of November booked some in december etc... This is awesome! Are there any tricks for car insurance?? The car I have on their is my personal car that I am financing therefore it needs to be full coverage since its financed. Wanted to know if there are any tips and tricks for car insurance?

[@TearitoffE]

18,000 x 12 months = 200k year 18,000 x 24 months = 5 mil

[@lanilacionni9919]

I have 3cars for rent out in turo is not that easy that looks 200miles a day that customer can spend if i get a customer that spends 200miles a day my car will have 70kmiles a year so your car will be busted in 1year a half and i will make 15 k in that period but if i buy the car for 15 k i will loose money because u change oil 2time a month plus if anything brake like brakes or if engine brake u screwd so its gambling pretty much

[@AndyonBlast]

PROGRESS IS GUARANTEED WITH EFFORT AND PERSISTENCE

[@trivu9360]

Thank you for sharing

[@TromboneLoki]

This video got to my recommended so this one is about to blow up

[@Favib]

Thanks for all the information. What do you use for the remote key exchange?

[@XennialGuy]

I too would like to know this.

[@centexsucks1]

Hold on...If you make money on youtube ads, your program, affiliates, social media, etc etc AND its all tied in to you turo then i bet your making great money!!! Wow thats literally brilliant!! Lose money on Turo but make money everywhere else to offset that loss. DANG Thats smart!! Im very impressed.

[@latishashaw3973]

Great Video!

[@angelpaniagua9617]

love your content . wish the course wasnt so expensive

[@shadowgb]

ive never heard of turo until now, but this has my interest piqued.

[@solargiousa]

Fantastic presentation

[@TrixTheClown]

My first time using Turo. I lost the key fob and had to meet the host to get a replacement.

[@fbhaze7446]

Great video. Thx

[@redmed10]

Where do you store up to 18 cars?

[@hermessoza3464]

Great video, but quick question, how do you do the car handoff remotely?

[@persiancucumber9255]

They have devices installed that remotely lock/unlock cars. I assume the keys stay on the car.

[@andresmith6188]

Very Informative and clear messaging. New Subscriber to your channel.

[@daveshiroma]

Would love to hear about how you’re financing the fleet!

[@bebiswhale4306]

She doesn’t she buys cars cash

[@jonathanlewis9964]

When you say expenses run $4k to $6k per month are you including TURO's cut in that figure or is that excluding what TURO gets?

[@AubreyJanik]

All my numbers are my take home, so the earnings is what gets deposited into my account and the expenses are what gets taken out of my account. I am on the 80% plan so add 20% to everything to include Turos cut.

[@jonathanlewis9964]

@@AubreyJanik Thank you for the info and for responding, yours is the best TURO channel by far!

[@SmithCommaBenjamin]

As the fleet ages, wouldn't the maintenance value (HP's labor) eventually exceed the revenue the cars draw?

[@DeanbridgeRE]

Question for Aubrey (and any others on peer to peer): Where should new people starting this business consider parking their vehicles?

[@andrewgonzales4278]

Hey I know you do 100% contactless so do you just have customers pick up the vehicles always from your storage lot?

[@tadmartin7031]

I’ve never heard of Turo…I must be living under a rock..lol

[@fernandoautoshow77]

I been see you for over 3 months

[@richardsantana4175]

What are some of the vehicle requirements? Such as year, mileage etc.

[@Tours-DIY-Reviews-HowToDo]

Seems like you have some old vehicles in your fleet but my understanding was turo don’t allow older than 12 years . Are there any exceptions?

[@wisegoonlegacy]

Great vid

[@FinalFlash2110]

People hate it when these gurus sell courses. The info they give is all available for free. Don't spend a bunch of money giving these people money you can find for free.

[@MannyMenezes]

I was under the impression that you couldn’t rent out cars that were over 12 years old, yet I see you have an 07 that you’re renting on Turo. How does that work? Can you rent out older cars on Turo?

[@sanilrevankar3063]

She said she started in 2017. So probably she brought 07 models in 2017/2018/2019.

[@andrewdennis6209]

How do you hand off keys without being there in person?

[@MmmmmmmmmmmMm15]

That fixie in the back tho 🫣

[@allan5168]

Love your content Aubrey!! Thank you 🙏🏼

[@AubreyJanik]

❤️

[@jamalallicock4114]

Awesome content as always. Are you guys power hosts in your area?

[@cliffwilson4057]

I have a lot of respect for your team work, go hp. Both of you go

[@AubreyJanik]

Thank you! I couldn't do it without HP

[@cliffwilson4057]

@@AubreyJanik to hear you compliment that man like that on a national stage was amazing! You showed him how much you value and appreciate him. Wow! Truly special. YO JP! CONGRATULATIONS ON BEING A REAL MAN AND NOT ONE THAT TAKES ADVANTAGE OF A WOMAN. You are a real example of the good men out here. Sacrifice! 👌👍💎

[@dawinner777]

How do you deliver cars? How do you deliver cars and never meet them? I live in a small town will this work?

[@mymahn1]

HI i got your course and love it. can you send me the link for the gig insurance? thanks

[@JNguyen07Max]

Turo has a policy where to add a car to the fleet, it must be no older than 12 years, less than 180k miles. It is 2023 so that means the oldest I can go for would be a 2011 car with 170k miles. So if I currently have a 2011 car on Turo, and lets say 2024 rolls around with the car having 200k+ miles, would be that car be disqualified because it'll be 13 years old with past the mileage? Please help.

[@forest42821]

Problem with Turo are the maintenance and depreciation not accounted into the profit.

[@lilgooey169]

How are you able to list 2007,2008 cars isn't the age limit 12 years?

[@AubreyJanik]

Once you have a car listed it can stay granfathered on as long as it's in good condition, my 2007-2009 were listed when they were 12 years old.

[@DurantAntonio]

Hello there Love your videos What market do you work ? I wonder if your techniques may work in my market McAllen Texas I have 3 mid high end cars but want to do your type of business model

[@dawinner777]

I live in a small town what would you suggest the cars to use and how to advertise?

[@ziurziur1ify]

Thx for info. How are you able to have cars older than 12 years in your fleet?

[@1dva4life]

As long as you first list the car that is no more than 12 years old no more than 130k miles, it can stay on the platform as long as you keep up with the safety and maintenance of the vehicle.

[@craiglist308]

what are the groove numbers? 3 , 10 and... 15... and beyond... thanks for answering this belay.. does accounting stuff

[@jhow3d688]

Where do you store all of the cars?

[@kevinr8431]

Just curious, you said Turo is not your main source of income, then what is? Do u have a FT job?

[@crissyqualls8277]

What about in case if car crash? How do u do insurance? Do you tell ur ins co that the cars are for rentals? Does this raise the price?

[@KingJon513]

When you get to that many cars, why not cut turo out as the middle man and start your own rental car company? also where do you house your fleet?

[@sluggosloan]

I got to meet HP and he's a super nice dude 👍

[@SEOWealth]

Great video! What market are you in? How can your subscribers check out if this is a viable option for a particular market?

[@insomnia5050]

Is the number of trips completed on a car's profile the total number, or just the times someone has rated? When I look at the different cars, I rarely see any even close to 3 digits, I live in a major metro area. The various Turo videos give the impression your car should be rented out a majority of the time, but the numbers don't add up based on the # of trips on the cars I see. I would have thought I could see a decent number of cars with hundreds of trips, but that's not the case.

[@tnygp]

where do you keep these cars right now if you don’t have a commercial space

[@Mcriddler12]

Can I get a count of how many times she says “HP” during the video?

[@alejandrorubi-cooper3266]

In what state are you doing turo? Thanks for all the info

[@paulharris5497]

Is HP a computer?

[@jp4072]

How do you avoid meeting the renter? How does the key transfer work?

[@ProfeFut]

Lockbox

[@mc-ot2mm]

Have you had issues with remote key exchange, such as someone taking the car other than who was on the app/who sent their ID?

[@HondasPlus-nq6lc]

Where do you keep your fleet ?