I Rented My Tesla To A Stranger on Turo... Here's What Happened

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Shelby Church

Shelby Church

Күн бұрын

Пікірлер: 1 500
@Furtivo95
@Furtivo95 4 жыл бұрын
I did this for a minute. Seems like a great way to share resources and make some cappuccino money. But renter got into an accident. $2200 bill. Turo insurance entity had horrible service, dragged their feet for months, tried to get out of paying me and stiffed me for $200. Never again.
@patozmanov
@patozmanov 4 жыл бұрын
Thanks for sharing. I was considering doing it but you talked me out of it lol
@Furtivo95
@Furtivo95 4 жыл бұрын
KOK0100 They send their own adjuster just from the pics he saw said he’d give me $1500. The body shop said $2200 after they took it apart So the adjuster didn’t agree and they try to pressure you to pay the diff. It’s a scam insurance.
@tabithathewholistic
@tabithathewholistic 4 жыл бұрын
YIKES.😬😬😬Yes there's wayyyy too many potential liability issues with renting out your car as compared to an AirBnb situation.
@Furtivo95
@Furtivo95 4 жыл бұрын
Tabitha Howard I’m an Airbnb Superhost 7 years. One guest damaged my garage. Cost me $1200 to repair. Airbnb paid 100%. Great support 👍
@Furtivo95
@Furtivo95 4 жыл бұрын
Pat Ozmanov Everything is cool till something goes badly wrong. They only cover 70% damages as a policy.
@ronin7645
@ronin7645 4 жыл бұрын
I've rented my car on Turo for years. It paid my entire car payment plus some. I probably look at this different than most people pertaining to lending my car out to strangers. To me, a car is just a car and I lean on the insurance if something goes wrong. Don't get me wrong, I love my car but at the end of the day, it's just a bunch of metal and plastic. I've had a dirty car returned but doing so, the renters pay for it. All in all, I've had really good experiences with the service and basically get my car paid for. BTW, my car is a Tesla Model S and I've worked from home for the last ten years so my situation may be different than most. Still, it's a win win for me.
@edmund8954
@edmund8954 4 жыл бұрын
"its just a bunch of metal and plastic" i want to hear what a car guy say about this.
@smamq
@smamq 4 жыл бұрын
Mind sharing which car exactly you put on Turo?
@ronin7645
@ronin7645 4 жыл бұрын
@@smamq The first time I used Turo was with our 2014 Audi A6. On average, that car rented for around 11 days out of the month. I had it listed for $75/day. It literally was making my car payments plus some. After 2 years, we traded it in for a Tesla. Tesla doesn't really go by the year of their cars, but it's a 2018 Model S 75d. I initially listed it for $130/day but after about a year, dropped it to $99/day. I also had a 2 day minimum initially but found it's better to offer it day to day (more people rent it for a day than 2 or more days, at least from my experience). The longest length from someone who's rented the S was for 3 days (that's the max I have it set for). I'm all for using uber but not longer than 3 days 😉.
@me2ontube
@me2ontube 4 жыл бұрын
I agree - if it's your karma for something bad to happen to your car it can happen while you're in the grocery store - why not rent it out n make a few bucks if you can n you're absolutely right ... metal n plastic can always be replaced - some material things have special sentimental value n that's understandable otherwise SHOW ME THE MONEY !!!
@ronin7645
@ronin7645 4 жыл бұрын
@@edmund8954 I get people love their cars man, I love mine. But for me (not you or anyone else), that's what it is, metal and plastic. I used to be that guy who parked my car at the back on the parking lot crossing my fingers no one parked next to me. I'm done with all that. If it gets dinged, it gets dinged. Gone are the days I worry about insignificant things like that anymore. But that's just me...
@elexmankc3027
@elexmankc3027 4 жыл бұрын
I also rent my Model 3 on Turo and have had very positive results. Suggestion, send your renters a link to a KZbin video of a Model 3 tutorial. I have found this reduces the handover time and gives you more peace of mind that the renter is more prepared for the Tesla experience. I do have a second car to drive while my Tesla is rented. Nice video!
@NwagwuNkechi
@NwagwuNkechi 2 жыл бұрын
Me too. I’m willing to try this
@Dinobottenbley
@Dinobottenbley 4 жыл бұрын
Shelby’s grind, even during a pandemic, is inspiring! The girl never stops grinding and continues to put out quality content!
@brianreinhardt7907
@brianreinhardt7907 3 жыл бұрын
X-rated comment
@james4054
@james4054 2 жыл бұрын
You need to take an extra car and use the money as a deposit to fix up your vehicles, especially because Turo/other car sharing platforms' insurance can deny your claim, even if you're on an expensive protection plan(60/40%)! You can also go to a used car dealer and buy the car, those cars won't need as much repair work. You want to go to a pay here buy now lot. Certified used lots charge too much, but the cars are in good condition, however. We are experiencing great success as hosts, because RAC centers are charging too much. Once RACs lower their prices- we will feel it. Now is the time!
@FromWhereICharge
@FromWhereICharge 4 жыл бұрын
I rent my second model 3 on Turo. It rents an average of 26 days/month and I profit about $1600 after car payment and insurance.
@iced2666
@iced2666 3 жыл бұрын
Lucrative o_o
@Streeknine
@Streeknine 3 жыл бұрын
Just wait until the automated taxi service when you can add your car to the tesla network! :D
@FromWhereICharge
@FromWhereICharge 3 жыл бұрын
@@Streeknine That's my plan! I purchased this car for an investment. So far it's been working great.
@aydinvisionhd6640
@aydinvisionhd6640 3 жыл бұрын
Doesn’t insurance increase if u , rent out your car .. kinda like Uber rates
@FromWhereICharge
@FromWhereICharge 3 жыл бұрын
@Cali the Golden Sunny San Diego 👍
@jonathanguito1168
@jonathanguito1168 4 жыл бұрын
A few things to keep in mind for any Tesla owners considering this but are concerned they'd never get renters at a good rate: 1. Shelby lives in CA, the epicenter of Teslas where Model 3s are like Honda Accords, making it hard for any single one to stand out and reducing the cachet. Anywhere else, Teslas are harder to find, thus increasing the likelihood someone rents yours. 2. Shelby has an SR+ with basic autopilot which might limit how much she can rent the car for compared to a higher trim model. 3. Having a wrap on the car or some other custom mod would probably allow you to rent for a bit more money, or at least differentiate your car from the pack. Because of these factors, Shelby probably was dealing with among one of the worst case scenarios in terms of getting hits from renters and acceptable asking price.
@markwys
@markwys 3 жыл бұрын
I'm glad I read your comment. I'm in Colorado and did a quick search for a Model 3. Nothing under $300 a day. Crazy. Payment to purchase is $800ish a month so I can see how renting a Model S for a couple weekends a month can pay for the car. Too rich for my blood.
@unpackinglifewithnaliaka
@unpackinglifewithnaliaka 4 жыл бұрын
I love how fluent you are, it inspires me to practice alot, i look forward to improving my channel to get to your level some day
@rowdy5285
@rowdy5285 4 жыл бұрын
We rented a model 3 for 160.00 day + insurance in Knoxville TN. We wanted a model Y and got it September 20th. Love it. Charge it slowly at nite. Only been to a supercharger 1 time. Go for it, you will Love it.
@firstnamesecondname5341
@firstnamesecondname5341 4 жыл бұрын
Based on how most of my friends drive 🤔 not a chance in hell would I rent out my car 🚗. 🤦🏻‍♂️🤣
@PenniesNotPerfection
@PenniesNotPerfection 4 жыл бұрын
Right?!?
@stevewebb1652
@stevewebb1652 4 жыл бұрын
Small amout of money considering all the bad things that could happen
@VASIGTravelingLifeinLondon
@VASIGTravelingLifeinLondon 4 жыл бұрын
😂😂😂 exactly!
@marcuschan5664
@marcuschan5664 4 жыл бұрын
i feel u bro
@ELI5FI
@ELI5FI 4 жыл бұрын
I'm with you on this! No way I would ever rent any of my cars out unless I specifically had a car for rental purposes.
@neaorin
@neaorin 4 жыл бұрын
"I Rented My Tesla To A Stranger on Turo... Here's What Happened " Did he give it a Doug Score?
@Furtivo95
@Furtivo95 4 жыл бұрын
Your reply was genius! No one got it?
@abdullah-imran
@abdullah-imran 4 жыл бұрын
Epic
@slimjseattle
@slimjseattle 4 жыл бұрын
Sorry I don't get it. I'm too busy watching "Cars & Bids."
@ScorpioMystik07
@ScorpioMystik07 4 жыл бұрын
Lol, am always checking carsandbids!
@Hi-qt2nj
@Hi-qt2nj 4 жыл бұрын
Probably one the best comments I have seen this year
@gwal93
@gwal93 4 жыл бұрын
If I had a Tesla I wouldn't let it out of my sight and I certainly would never let a stranger anywhere near it. In the time of Coronavirus I would need to fully decontaminate it before and after and have insurance to prevent being sued. My insurance company would anyway probably raise my premium to the stratosphere before I could rent it out. Also in the UK I am pretty sure I would never see the car again.
@VASIGTravelingLifeinLondon
@VASIGTravelingLifeinLondon 4 жыл бұрын
Honestly, I Got afraid for her 😂 and I dont even own a car
@kingairsoft1000
@kingairsoft1000 4 жыл бұрын
turo has a one million dollar insurance policy for each car you rent out to people
@twincherry4958
@twincherry4958 4 жыл бұрын
Nah, you're overreacting
@joshchelvolski1033
@joshchelvolski1033 4 жыл бұрын
I would never lend my car to a complete stranger. My car is one of my babies. She is beautiful and saves alot of gas. She also get me to work and back. Really reliable, and never failed me once. 11,950km on the dash.
@tungtran6858
@tungtran6858 4 жыл бұрын
Matthew Carley btw they just lowered it to $750000
@24-sankalpreddy48
@24-sankalpreddy48 4 жыл бұрын
The quality of ur videos is just impeccable.I hope you get everything you deserve.
@fruitfulinvesting6238
@fruitfulinvesting6238 3 жыл бұрын
in the future i wouldnt recommend having strangers pick up your car at your house!!
@utubestalker.dotcom
@utubestalker.dotcom 3 жыл бұрын
and don't wear sexy outfits even if they are bringing their wife or girlfriend
@a.pawwww
@a.pawwww 3 жыл бұрын
@@utubestalker.dotcom UMM WHAT? You mean the TSHIRT and LEGGINGS??
@TsarOfRuss
@TsarOfRuss 3 жыл бұрын
@@a.pawwww You still got to be professional!
@jonsnow855
@jonsnow855 3 жыл бұрын
@@TsarOfRuss its leggings and a shirt... you're acting like she stripped naked in front of customers
@michellel29
@michellel29 4 жыл бұрын
Great video! We have a couple cars on Turo, a Genesis and a vintage Ferrari and so far, it all has worked out great. When you have a special car, it's a fun and profitable way to share the fun with others who might have always dreamed of getting to drive one or who are considering a purchase. I agree with you that it's not really feasible if it's your only car though. Thanks for sharing your experience!
@msbgone
@msbgone 4 жыл бұрын
I used Turo to rent a Model 3 about 2 years ago, was a great experience! I plan to rent a Model Y in the next 1-2 years to try it out. Just didn't have enough to buy one yet........ The answer to your question, NO, I would not rent mine out... LOL.... unless I did have 2 cars because I would not want to go a weekend without a car. Great vid!
@abraarmotiwala9613
@abraarmotiwala9613 4 жыл бұрын
'I dont know what that scratch is... I could've done that!' lol had me laughing out loud.
@anasryadi8545
@anasryadi8545 4 жыл бұрын
This is by far the best editing I see on youtube videos, i'd watch these videos no matter what the content is
@Natta37964
@Natta37964 4 жыл бұрын
Me, my mom and brother rented a car on Turo when we were in LA to drive to Vegas and it worked just fine! (We visited from Sweden)
@lemon8910
@lemon8910 4 жыл бұрын
I knew someone who rented their Tesla Model X. They thought everything was fine until the battery started mucking up. Turns out, the renter drove over a speed bump too fast and damaged the battery underneath the car. I personally wouldn’t rent my car, but at the same time it is a 2018 Metallic Silver Subaru XV (Crosstrek for Americans), and not a Tesla. But I do love my car.
@mister_ray
@mister_ray 4 жыл бұрын
The night mare scenario with Turo is more than the potential damage to the car. It's very hard to get full payment from a Turo insurance claim. Shelby did not factor in the depreciation/wear&tear to the car value.
@DietBajaBlast
@DietBajaBlast 4 жыл бұрын
i rented my ford edge on turo once. The girl was shady about returning it. never again
@KarlaCervantes97
@KarlaCervantes97 4 жыл бұрын
@@DietBajaBlast more details plz 😬
@andrerichards3920
@andrerichards3920 3 жыл бұрын
Not to mention the how the utilization rate per month and mileage will cause further effect.
@chrisose4585
@chrisose4585 4 жыл бұрын
I just bought a $65k Model 3 and I was like “Mine! It’s all mine! No one else can drive it!” Lol
@b10319711
@b10319711 4 жыл бұрын
They really 65k? Lmao 😂
@Pong_ping95
@Pong_ping95 4 жыл бұрын
No way that Tesla are that cheap. You wouldn’t understand how badly I want a Tesla S. It’s 400K usd in Singapore, plus I need a landed house to be able to charge it, that would be 3million USD in total. You guys are lucky cars are so cheap.
@unagi3186
@unagi3186 4 жыл бұрын
ping pong in the uk it’s 50k
@edmund8954
@edmund8954 4 жыл бұрын
@@Pong_ping95 what in the 400k usd?
@jonathanguito1168
@jonathanguito1168 4 жыл бұрын
Base Model 3 in the U.S. goes for $38k, autopilot included.
@jeannine1991
@jeannine1991 4 жыл бұрын
Great idea for many people, especially those who can’t afford their car, but I would never rent my Model 3. I’m sure renters would “enjoy” it too much. LOL
@VASIGTravelingLifeinLondon
@VASIGTravelingLifeinLondon 4 жыл бұрын
😂😂 true that! Btw, I also have have a channel myself if you want to check it out
@jonathanguito1168
@jonathanguito1168 4 жыл бұрын
Keep in mind that with Teslas you can lock the speed limit on the app so anyone borrowing can't go above.
@lesliehewes2305
@lesliehewes2305 4 жыл бұрын
I was nervous for you too, Shelby. I didn't know renting one's car out was a thing now. Wow. The Air BnB model has really paved the way for individuals to overthrow the established, name-brand chain hotels and car rental places. Interesting concept. I think I'd be a wreck if I rented my car out like this.
@TedKidd
@TedKidd 4 жыл бұрын
Did you check sentry mode? If that door dang happened in a parking lot there's a good chance it captured it.
@sebastian842
@sebastian842 3 жыл бұрын
That door ding will cost more than her measly profit of $189 lol. Doesn't sound like a good idea at all.
@Bl00DmixedWithPoison
@Bl00DmixedWithPoison 4 жыл бұрын
Hey Shelby, i think this is a great way of bringing in extra cash and could prove to be a good model for others. Thanks for sharing this with us!
@patricepavard5279
@patricepavard5279 4 жыл бұрын
Nothing more wholesome than using a Tesla stock to afford a Tesla i'm doing the same😊😊
@markluke335
@markluke335 4 жыл бұрын
I still see Cryptocurrency as one of the best digital investment and I totally love the technology when it comes to the largest Crypto asset Bitcoin.
@moratafred7209
@moratafred7209 4 жыл бұрын
As a trader I have been able to understand that there are two sides when it comes to crypto and everyone has there opinions when it comes to choosing sides,though I am not kicking against hodl , but I see it as an odd and old strategy to make profit of the market
@andreaslyon1661
@andreaslyon1661 4 жыл бұрын
when the market goes bearish investors/traders looses there investment which is very painful
@robertwilkinson9564
@robertwilkinson9564 4 жыл бұрын
you can take advantage of the market involving yourself in day trading or copying trade alert from a professional trader that understand the market and use strategy to generate signals daily to make profit to grow your portfolio as I have been doing with Mr Marcos Romero
@markmelancon4593
@markmelancon4593 4 жыл бұрын
the past 5 weeks and I have been able to day trade to grow my initial 0.8btc to 6.8btc which you would rethink and see that trading is better/profitable Mr Marcos Romero daily signals is very accurate and always yeilds a positive return on investment
@DennisCW
@DennisCW 4 жыл бұрын
Another awesome Tesla video :) I actually rented my Tesla Model 3 out in the LA area too, but took it down recently because of the illness. Unfortunately, a couple renters also curbed a few of my rims so I am not in a rush to put it back up on Turo 😅
@h0xzle
@h0xzle 4 жыл бұрын
They totally scratched your car and created swirl marks at the car wash.. can just tell from their wash technique..
@ShelbyChurch
@ShelbyChurch 4 жыл бұрын
Hoxzle Wan those were there long before that car wash haha
@sk8absence
@sk8absence 4 жыл бұрын
ahh, a fellow OGer!
@kittylove2975
@kittylove2975 4 жыл бұрын
@@renjit9044 We found out how brutal the car washes we're years ago when we put our van through one. It immediately ruined the clear coat. 😬 Our TESLA is handled with kid gloves. 😃
@TheEwanMC
@TheEwanMC 4 жыл бұрын
Teslas have notoriously thin and soft, water based paint on them. What this means is that scratches can buff out more easily, but they also scratch very easily and thin aluminum panels also dent with little provocation. Best to get it vinyl wrapped ASAP when you first get one new.
@lemongavine
@lemongavine 4 жыл бұрын
That’s why I like metallic paints.....they don’t show swirl marks.
@MiddleMAGA
@MiddleMAGA 4 жыл бұрын
My wife won't let me put our sr+ on turo for fear that the driver gets into an accident. Turo has 750k insurance but they are worried sent Turo not you. I think it's worth the risk. Teslas are perfect for this because they cost less per mile to operate.
@TheRideshareHub
@TheRideshareHub 4 жыл бұрын
Remember you can use the miles they put on the car as a tax deduction!
@ronlivaudais6523
@ronlivaudais6523 4 жыл бұрын
I like the way you presented your experience and highlighted the incentives one way or the other!
@edventures9884
@edventures9884 4 жыл бұрын
I love Turo I usually rent sports cars I’ve been wanting to drive you can even rent exotics I drove a Ferrari 458 last year! I listed my car as well, had about 3 rentals and it went smoothly.
@VJmoorthy
@VJmoorthy 3 жыл бұрын
👍 like the links for the equipment used in production. Should have link for your video editing software. Great job editing and sound quality. Look forward to seeing more productions from you.
@Forthewin1436
@Forthewin1436 4 жыл бұрын
The first time(and only time) I used Turo was a couple weeks back actually and it was as a client. Around the end of September for a weekend. Anyway, I booked a trip from Dallas to Seattle. And when I arrived to the Tacoma airport, the destination to where the car was located was a little over 30 minutes(That uber ride was pricy lol). So, once I arrived to the destination to where the car was, the owner had actually left the vehicle's keys inside for me since he was out of town which I thought was weird since I am a stranger to him, but whatever. Once I put the cars in the ignition, the car wouldn't start!!! I was so mad, I called him to notify him and he said "Well, I just had the car fixed by the mechanic yesterday", HE COULDN'T HAVE LET ME KNOW THIS BEFORE I FLEW TO THE OTHER HALF OF THE COUNTRY!?. However, I calmly told him "Oh ok, well shit happens, I guess I'll just take another uber from here to my hotel then. Just keep me posted then". He then said "Well, go ahead and do that, I'll try to find someone to come take a look at it tonight". I paid, another hefty sum of money to be ubered from the Turo destination to downtown Seattle to where my hotel was. (30+ minute trip and expensive) And guess what that dang-on pos did? HE CANCELLED my booking once I arrived to the hotel and I couldn't find a car or do anything I wanted since I was left without a vehicle. After being on the phone with Turo for 3 hours (no exaggeration), they found me a last-minute car, (yay! So i thought). I in turn had to repay $250+ dollars AND an uber to drive me 40+ minutes the new Turo location. Turo said they would reimburse my uber rides but they never did. I spent my first day in Seattle crying in frustration and nervously laughing at every major obstacle I encountered. Y'all, Turo is great, if everything goes according to plan. It's horrible if you have to deal with customer service.
@Unknownmagicmandoubleoseven
@Unknownmagicmandoubleoseven 4 жыл бұрын
I love how informative and straight up your videos are it’s so refreshing thank you
@SuccessWithSam
@SuccessWithSam 4 жыл бұрын
Who else knew she did this from her vlog channel 👋🏾
@TheRideshareHub
@TheRideshareHub 4 жыл бұрын
How many miles did they put on the car?
@TommySheaofficial
@TommySheaofficial 4 жыл бұрын
I wouldn’t rent my car out, but it’s a cool option to be the “rentor”.
@sethaaronlawrence8122
@sethaaronlawrence8122 4 жыл бұрын
That car detailing was pretty expensive if someone was to actually do this they probably would want to go to a subscription service car wash that would be a lot cheaper in the long run. Also I don’t know if you would make a lot of money if it wasn’t wasnt a semi luxury car because the couple seemed to care more about the experience itself than the actual car
@TheDearrestFamily
@TheDearrestFamily 4 жыл бұрын
I love the dedication to educate us on how to make money, you had to rent out your car. This is some good information.
@MrPballers
@MrPballers 4 жыл бұрын
I agree it sounds like we should be taking some meticulous notes on their financial Savvy and there 8 figure portfolio That's because most people can't see to freedom from their face and think their own expense on a car is there payment and insurance Nobody factors in depreciation maintenance increased intervals for all that I would probably have to rent my car out a dozen times before would even cover a set of tires for my car But I guess if you want to pretend to be a big shot and have a nice car If you make 60 grand a year you shouldn't by over $25000 car That means if you buy a $75000 Tesla you should make hotter than 180 to 200 grand a year minimum And of someone made that kind of money they wouldn't be renting their car out Unless they had some sort of serious addiction And just think how many hours you have to spend sorting stuff out if something does happen if u make 60k a year 40hrs wk u earn just under 40 an hour So you spend 15 to 20 hours sorting that stuff out that's another 1000 In unaccounted for expense Unless you don't value your time
@SummerBaby728
@SummerBaby728 Жыл бұрын
I can imagine that the self-driving feature is a KZbin vlogger’s dream. Finally no vlogs giving us viewers anxiety from watching a vlogger talk to the camera while driving!
@MattOGormanSmith
@MattOGormanSmith 4 жыл бұрын
It makes more sense for a Tesla because they are harder to steal, and you don't have to worry about them grinding the gears or slipping the clutch.
@james4054
@james4054 2 жыл бұрын
You need to take an extra car and use the money as a deposit to fix up your vehicles, especially because Turo/other car sharing platforms' insurance can deny your claim, even if you're on an expensive protection plan(60/40%)! You can also go to a used car dealer and buy the car, those cars won't need as much repair work. You want to go to a pay here buy now lot. Certified used lots charge too much, but the cars are in good condition, however. We are experiencing great success as hosts, because RAC centers are charging too much. Once RACs lower their prices- we will feel it. Now is the time!
@sniltiac
@sniltiac 4 жыл бұрын
Wow! Just went to Turo to look at prices for renting a Tesla in Philly...for the 12 Teslas listed, prices range from $149-$325!! My guess is this is because there are way fewer people renting their Teslas around here, as opposed to the LA area. Great video and awesome topic!
@VASIGTravelingLifeinLondon
@VASIGTravelingLifeinLondon 4 жыл бұрын
is it just me or this a high price for renting a car?
@sniltiac
@sniltiac 4 жыл бұрын
You can definetly rent cars for a cheaper price. A Tesla though, I'm not sure- truthfully, I dont know much about the brand. When you get into renting nicer cars or luxury brands, I would say $150-$300 is a normal rental fee. Crazy, isnt it?!
@ShelbyChurch
@ShelbyChurch 4 жыл бұрын
Caitlin Schaefer wow brb, driving my car to Philly and leaving it there 😂
@lenspicks
@lenspicks 3 жыл бұрын
Knowing you did it for your channel is understandable I am very glad you learned your lesson The cost of repairing and etc is not worth it Abuse you don’t really know about Take care of your car and if you ever have to put a claim LOL getting it paid and your car back to normal
@danielrasmussen1623
@danielrasmussen1623 4 жыл бұрын
So how much is it after you have paid income taxes for the car rental? It is taxed as ordinary income. You need to take that into account when you for example compare the monthly income for renting the car, and the loan payment etc. :) Just a hint.
@marianasanchez8624
@marianasanchez8624 4 жыл бұрын
True :D
@barrybambmessagedeletedbyy7467
@barrybambmessagedeletedbyy7467 4 жыл бұрын
I have a Jewish accountant, so no need to worry. 😎
@Dave5843-d9m
@Dave5843-d9m 4 жыл бұрын
Also check the insurance
@muzaaaaak
@muzaaaaak 4 жыл бұрын
You left out the depreciation you’d account for when placing the asset to work. The scheduled depreciation would offset your income thus lowering your taxable basis.
@grahamturner2640
@grahamturner2640 4 жыл бұрын
@@barrybambmessagedeletedbyy7467 🤣🤣🤣🤣
@DanielWisner-mp5op
@DanielWisner-mp5op 4 жыл бұрын
You are wonderful! These vids are right up my alley and they seriously bring me so much joy to watch them. I had only discovered your channel yesterday btw!
@austinechibuikem356
@austinechibuikem356 4 жыл бұрын
Imagine what happened to the world recently, with COVID-19 shutting down several industries, and yet people are still making cool cash from investment platforms
@savvyfinance5314
@savvyfinance5314 4 жыл бұрын
I think this pandemic has taught people the importance of multiple streams of income unfortunately having a job doesn't mean security. So I really appreciate the transparency that's giving people a fighting chance during these troubling times
@russellbrand3043
@russellbrand3043 4 жыл бұрын
This pandemic it's unlike a receison, you know where you stand, no business is full of proof at the moment it's all down to spending and how much money a person has available to them at this current time moving forward I feel online business is the way forward and that's where you find most local businesses from now on
@russellbrand3043
@russellbrand3043 4 жыл бұрын
Yet most people ignore that they automatically think they have last part all figured out, and it's a mistake
@alexandrus1911
@alexandrus1911 4 жыл бұрын
This is 100%true self made millionaire like Warren Buffett and Bill gates, never made it depending on paycheck neither were they salary onwer. I think investment should be on any wise one's list and currently all of it is online.in a month or two you'd be ecstatic about the decision you've made
@casgainsacademy9577
@casgainsacademy9577 4 жыл бұрын
Another massive income idea should be trading to be more precise, the forex market or Gold(ETF). I have been investing in this avenues for a while now and my investment has been great with profits coming in constantly
@kilahlipstick9687
@kilahlipstick9687 3 жыл бұрын
Great video Shelby. I just purchase a Porsche Macan S and the idea was for Turo as I live in Vegas. This video answered so many of my questions thank you. I am hesitant about immediately putting it on Turo only because I literally just got it and there is that anxiety that you talked about that I definitely have so for now nope. Thank you for the profit breakdown at the end that was helpful I swear you are the best at breaking things down in plain terms, I always feel like we are just having a conversation
@midnightsbabe
@midnightsbabe 4 жыл бұрын
Shelby is so loyal to us. She literally rented her car just for a youtube video🥺😂❤
@VASIGTravelingLifeinLondon
@VASIGTravelingLifeinLondon 4 жыл бұрын
I know right, I Actually got afraid for her!😂
@sakina743
@sakina743 4 жыл бұрын
lmfaoo
@Furtivo95
@Furtivo95 4 жыл бұрын
She’s super smart. Now she can claim the car is a business write off. With her 6 figure income she’s going to save $$$$.
@sakuya9017
@sakuya9017 4 жыл бұрын
She wanted content to share, clearly you wanted content to watch... leave it at that.
@Rewelsworld
@Rewelsworld 4 жыл бұрын
@@VASIGTravelingLifeinLondon why turo has up to 1 million coverage insuarance
@luxuryzi
@luxuryzi 4 жыл бұрын
Thanks for the amazing videos , i love your content and because of you I started my own channel i love making videos ❤️
@mrdan5943
@mrdan5943 4 жыл бұрын
I'm gonna check your channel out. Just subscribed 😅 Have a nice weekend!
@luxuryzi
@luxuryzi 4 жыл бұрын
Daniel Von Whiteless Day Thanks so much appreciate 😊
@VASIGTravelingLifeinLondon
@VASIGTravelingLifeinLondon 4 жыл бұрын
She's the best and I will check out your channel as well! I also have a channel myself inspired by Shelby if you want to check it out :)
@ThirdHighProductions
@ThirdHighProductions 4 жыл бұрын
Ever considered getting a model x? 🔥
@jordan-ic3xe
@jordan-ic3xe 4 жыл бұрын
Well if she can pull $100,000 out of her ass sure she probably could of
@8xrry
@8xrry 4 жыл бұрын
@@jordan-ic3xe Yikes.
@ShelbyChurch
@ShelbyChurch 4 жыл бұрын
I love my model 3! but maybe one day idk I don’t really like driving SUV’s that much, but if I did want one I would totally get an X or Y!
@8xrry
@8xrry 4 жыл бұрын
@@ShelbyChurch do you see yourself in that Cyber truck coming soon?
@macmovieman1
@macmovieman1 4 жыл бұрын
@@ShelbyChurch I would let you try out the MYP over a weekend if you want?
@simeasy43
@simeasy43 4 жыл бұрын
Rented my Model 3 and it was wrecked and full of trash, gave back with low battery, and went 113mph as I checked the app. Turo didn’t even reimburse me for the damage.
@djrrmml7514
@djrrmml7514 4 жыл бұрын
Why not put on valet mode or speed limit?
@Kingzatchbell
@Kingzatchbell 4 жыл бұрын
@@djrrmml7514 deadass, why didn’t you?
@themeparkdad
@themeparkdad 4 жыл бұрын
Exactly what was wrecked? What damage occurred? Body damage (dents, scratches), tire rash, upholstery damage, or just usage, dirt, and trash? How much did it cost you to repair?
@simeasy43
@simeasy43 4 жыл бұрын
@@themeparkdad I have a wrap on mine so he scratched the hood and the door handles. He scuffed my rims. He broke my entire front lip by going too fast on a speed bump. He left trash in the car and gave me my car back with less than 20% at an airport...
@themeparkdad
@themeparkdad 4 жыл бұрын
@@simeasy43 Yeah not cool at all. It seems like at least they should've covered the broken front lip and rim rash. Was the damage not enough for the deductible, "the before" photos not clear enough to show the damage, or they just wanted to avoid the claim in general? I'm very sorry that your car got damaged.
@ScottWallace5
@ScottWallace5 4 жыл бұрын
Great video Shelby and thank you for answering the question on if you would do it again along with the great point of if the stress is worth it for the income.
@dominicscuriosity
@dominicscuriosity 4 жыл бұрын
I’ve been wait for this video!!! Hope your surgery went well👍
@patty951
@patty951 4 жыл бұрын
Thank you for making videos for us Shelby🧸💝
@acampbell2499
@acampbell2499 4 жыл бұрын
Shelby paid $28 to get her car washed and I, on the other hand, complain when I have to pay $5 to get it washed...
@t0neeh213
@t0neeh213 4 жыл бұрын
When you getting money in you’re not too worried about money out... it all depends on how you manage your money though
@ZackMuffinMan
@ZackMuffinMan 4 жыл бұрын
It's a hand wash... pretty good deal.
@acampbell2499
@acampbell2499 4 жыл бұрын
@@ZackMuffinMan where I live hand washes are the norm and machine car washes are an abnormality. Hand washes here go for around $5-$10 and machine ones go from $3 to $20, depending on where you wash.
@eliteinventor
@eliteinventor 4 жыл бұрын
@@acampbell2499 same , with the automatics here you get swirl marks from sand or mud in the brushes
@darthvader7010
@darthvader7010 4 жыл бұрын
She blows money like nothing
@squishydafishy
@squishydafishy 4 жыл бұрын
Do not forget to deduct some cash for wear. Tires, components etc. It all needs to be taken into account as well. Just a tip from old O/O of tractor/trailer trucks. If you expect to rent lots and do not think about wear and tear of the vehicle it will bite you in the butt later on. Good luck and stay safe.
@mollyover2369
@mollyover2369 4 жыл бұрын
I certainly would if it wasn't illegal in my state... Rip strict NY laws about everything
@HipHopMovieNews
@HipHopMovieNews 4 жыл бұрын
Your videos are so soothing. I can’t explain why.
@sakina743
@sakina743 4 жыл бұрын
me a 13 year old watching this shelby: would you guys rent your car on turo? me: yes :D
@SpencerOlson
@SpencerOlson 4 жыл бұрын
Shelby's Tesla related videos are always my favorite! (and the home tours as well haha)
@NineGPull
@NineGPull 4 жыл бұрын
Fast forward, Shelbs will have a whole fleet called TS-in-LA
@Andrew-xp9ox
@Andrew-xp9ox 4 жыл бұрын
I really love these type of videos! Love shelby’s channel!
@MWS1960
@MWS1960 4 жыл бұрын
LMAO “Please take care if it” 😂😂😂. I use the Tesla app when one of my three sons take my wife’s Tesla ! Would I rent my Porsche 911....Hell no !
@hudortunnel9784
@hudortunnel9784 4 жыл бұрын
Congrats! The last time i saw your vid, you have like below 300K subs, but now wow! more than 1M. time flies fast. 👍😊🙌
@redgeciccone8218
@redgeciccone8218 4 жыл бұрын
I wouldn't rent my tesla, those who rent tesla will probably test its power. Even if your car is covered, I bet the battery will drain pretty fast and wear out a lot faster.
@lubricatedgoat
@lubricatedgoat 4 жыл бұрын
They can take a beating in that respect and still last way longer than a gas car. It's body damage and interior damage that would concern me.
@michaeljamesnewman
@michaeljamesnewman 4 жыл бұрын
fellow Tesla owner here from NY and every time I go to LA I rent a model 3 from TURO :) love turooo
@MrDjcity
@MrDjcity 4 жыл бұрын
I started with one car on Turo in 2016 and I grew my fleet up to 14 cars in 2019....Then turo changed their mileage policy 😪 so i decided to sell 9 cars..... Is Turo worth it "yes until 2019" will I continue renting my car on Turo 'Hell No in 2021.' Think about it before you rent your car to people...... but if you don't care about people putting 6000 mileage in your car within a month, go ahead.
@elyliu
@elyliu 4 жыл бұрын
Their damage claim process is horrendous too...
@MrDjcity
@MrDjcity 4 жыл бұрын
@@elyliu i know right
@DutchOrbit
@DutchOrbit 4 жыл бұрын
as a renter on turo its important to remember to be kind with other peoples cars to keep the service around
@bellabatwoman6400
@bellabatwoman6400 4 жыл бұрын
I wouldn’t even let my mama drive my Tesla 😫😂
@SR-hl5vz
@SR-hl5vz 3 жыл бұрын
if anyone wants to do this, please discuss the details with your own insurance first, also buy the car used this way your savings/profits will be increased!! There are many used models S and 3 on the market now.
@chrismcdowell7138
@chrismcdowell7138 4 жыл бұрын
If anything, outside of earning some extra spending money, you end up with a very clean car.
@sbfhawk4343
@sbfhawk4343 4 жыл бұрын
I started out renting out my RV thru RVShare and its been about 2 months and made some pretty decent money. But I will tell you that parts come back missing, Sometimes it will have broken parts that can be charged from the security deposit but its constant fixing. Not all clients are like this some are very good RVs and have past experience. They are the best ones to rent it to. You need to be selective with renters. Some people are just not the right people to rent it too. Its a drop in the hat and you will have to just go with your instinct
@NorthernChev
@NorthernChev 4 жыл бұрын
Problems with damage or mistreatment while renting your car out is NOT an “if”, but a “WHEN”. Eventually you WILL have the car come back abused. Period. So, you just need to be prepared for when it happens.
@DeepakKumar-cd8ny
@DeepakKumar-cd8ny 4 жыл бұрын
Just a tip, a lint roller is much better for cleaning than a vacuum cleaner.
@AuthenTech
@AuthenTech 4 жыл бұрын
Fun experiment!
@mykelpani-hilton48
@mykelpani-hilton48 4 жыл бұрын
Wow.. nice seeing you here, you one of my favorite KZbinrs
@lindseyelizabeth2281
@lindseyelizabeth2281 4 жыл бұрын
Shelbs is my fav girl!!!!! KZbinrs that film stuff in the same category...take notes.
@Beardyvlogger
@Beardyvlogger 4 жыл бұрын
Nice I'm totally gonna rent some fun cars on turo after this. Never thought of doing that :)
@Fashionlifestyle_Official
@Fashionlifestyle_Official 4 жыл бұрын
Thank you for sharing Shelby.Hope everybody here becomes successful on KZbin :)
@VASIGTravelingLifeinLondon
@VASIGTravelingLifeinLondon 4 жыл бұрын
I'm sure she will! She's the best, btw if you're interested, I also have a channel myself inspired by Shelby if you want to check it out :)
@vargaskenneth8837
@vargaskenneth8837 4 жыл бұрын
I made a few rather modest investments in individual companies There are so many stocks going to rocket in the long run... right now safe to invest in an ETF that tracks the S&P500 and ride it out. I put $500k into some growth stocks with a Financial advisor/broker handling my portfolio... some of my picks are, NVR, LISP.SW, SEB ,DOWJ, BRK-A, AAPL, NYSE, NASDAQ, TSLA, I've had a 110% increase so far this year , just felt to share ..
@jakethompson8737
@jakethompson8737 4 жыл бұрын
I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions dont matter as a totally different turn of events play out with the stock they discussed therein.
@thepotter867
@thepotter867 4 жыл бұрын
Study the past market crashes and the present market crash in order to find loopholes to take advantage of
@NathanLewis7871
@NathanLewis7871 4 жыл бұрын
@Natasha I don't mean to overstep, but please who is the broker you work with and how did you reach him/her?
@vargaskenneth8837
@vargaskenneth8837 4 жыл бұрын
I can't actually leave details on here, you could do that yourself..her name is “Agatha Christine Robinson” she's one I work with.. look her name up you would see all you need to know..you could leave her a message on her webpage
@rees32
@rees32 4 жыл бұрын
I loved the "Would I do this again? .... No." 😂😂😂😂
@M5verdriver
@M5verdriver 4 жыл бұрын
Thanks for explaining how Turo works. Glad to know your experience was +
@ne0nZchr0me
@ne0nZchr0me 4 жыл бұрын
I'm getting 2 teslas: 1 model s performance to rent 24/7 & my beautiful model 3 performance i'm already getting for my next birthday lol let's get iiiit
@mahirrehman5562
@mahirrehman5562 4 жыл бұрын
I already have a model 3 and we plan on getting a Model Y performance. Hope your Tesla experience is good 👍
@lukefromtexas
@lukefromtexas 3 жыл бұрын
I rented a recent year Porsche on Turo, and I cannot believe people are willing to pay so much for them. After having it for the weekend, it changed my view of them. I’d never waste money on one.
@Andrewprez777
@Andrewprez777 4 жыл бұрын
My friend rents out her Lexus on Turo and we are stuck picking her up for hangs outs sometimes. 🤦🏻‍♂️🤷🏻‍♂️
@whatever5922
@whatever5922 4 жыл бұрын
🤣🤣🤣
@ShelbyChurch
@ShelbyChurch 4 жыл бұрын
Hahahah
@rich1383yt
@rich1383yt 4 жыл бұрын
I bought my M3P largely based on my Truro experience (Boston area) back in 2018. 3 blocks away from pickup a teen crossed in front of the M3 and said “nice car!” (a first time for me).
@leticiagerardo9747
@leticiagerardo9747 4 жыл бұрын
Never heard of Turo before so each time she mentioned it prior to this video, I kept wondering why Arturo was such a big deal. I couldn’t wait to see who Arturo was.....
@mahoganydrive
@mahoganydrive 4 жыл бұрын
😂
@wayneshenry
@wayneshenry 4 жыл бұрын
My husband and I have two Chrysler 300c (2016) and we Turo out one of them. We just started doing this last month and have had our first rental for 3 weeks. We will see how it goes when we get it back this weekend.
@ByMagdaYT
@ByMagdaYT 4 жыл бұрын
"the owner can see where you go" haha imagine some creep putting the car on rent to follow someone's life 😱😂
@hassk6938
@hassk6938 4 жыл бұрын
Fr, if I was Elon I would be using that admin password if I knew my enemies had Tesla's
@twincherry4958
@twincherry4958 4 жыл бұрын
Ikr
@theo5675
@theo5675 4 жыл бұрын
U could stalk ur ex that way lol 😂
@sang3Eta
@sang3Eta 4 жыл бұрын
Dont they have cameras watching the driver in the mirrors too?
@stephanie8890
@stephanie8890 4 жыл бұрын
Yay for the closed captions!
@Julie-ip3il
@Julie-ip3il 4 жыл бұрын
$28 for a car wash?! That’s so expensive! 😭😭😭
@JFinns
@JFinns 4 жыл бұрын
Even in NYC it's $10 for an exterior wash, never heard of anywhere near that high.
@californiacarglass
@californiacarglass 2 жыл бұрын
Great Video very informative. I did Turo back in 2018 from June to March 2020 and made over $39000 during that time. I started out with a cheaper car Nissan Versa and had up to 8 cars on the platform at the height of the venture with Turo. I totally understand her stress about renting her new car, and I would not do that either, I stuck to renting cars that would cost me from $2300 to about $9000 each, with the majority under $5000. Turo was good about if someone damaged the vehicle, I would see the money pop up in my account, no hassle at all. So If it wasn't for Covid I would have continued expanding, and now that things are getting back to normal I am considering doing it again and most likely will invest in cheaper low maintenance vehicles, that way I can sleep well at night. Thanks.
@westhomas5870
@westhomas5870 4 жыл бұрын
Shelby knows the cops could pull over and ticket the car driving without a front license plate but rents it anyway, nice!
@h3sh926
@h3sh926 4 жыл бұрын
Depends on the state
@VloggingLife.
@VloggingLife. 4 жыл бұрын
Arizona not required so I assume same in Cali..
@drmouton
@drmouton 3 жыл бұрын
I don’t think I would rent my cars, but I would rent from Turo to experience a car I was considering buying. Great video. Thanks.
@PenniesNotPerfection
@PenniesNotPerfection 4 жыл бұрын
So interesting! I feel like I’d be too anxious to do this with my own car, but now I really want to rent a Tesla for a few days myself. 🤣
@dannydanny9875
@dannydanny9875 4 жыл бұрын
7:00 Absolutely! Track everything!
@rudig5698
@rudig5698 4 жыл бұрын
Who else was inspired by Shelby to start their own channel?😍🥺
@jules1896
@jules1896 4 жыл бұрын
🖐😄
@anglico92
@anglico92 2 жыл бұрын
Very informative videos and absolutely adorable. Good job!
@jasonengland2357
@jasonengland2357 4 жыл бұрын
Question about renting your car out, how does Turo remove the liability of you being the owner and someone else running over someone and killing them? How would you not be sued as well as the driver? Ae we know lawyers will go after everyone with money in a case like this. Just seems very dangerous to let strangers take your property while you are still ultimately responsible the car?
@yochikasexy
@yochikasexy 2 жыл бұрын
Im not a lawyer buy from experience ...registered owner of a vehicle can get legally sued even if they have nothing to do
@jasonengland2357
@jasonengland2357 2 жыл бұрын
@@yochikasexy exactly, this is why I would never do Turo and put myself at that kind of risk.
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