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Is Starting a Turo Business Still a Good Idea?

  Рет қаралды 66,047

Aubrey Janik

Aubrey Janik

Күн бұрын

Пікірлер: 319
@AubreyJanik
@AubreyJanik 3 жыл бұрын
Is that like button blue yet?
@laid07
@laid07 3 жыл бұрын
Nope, still grey!
@volodymyrsaruta4385
@volodymyrsaruta4385 3 жыл бұрын
Yes it is! Also, Turo is killing itself, hopefully more alternatives pop-up. The profitability totally can be achieved other ways.
@v_d-_-b_v
@v_d-_-b_v 3 жыл бұрын
idky I couldn't stop reading that as, *valley girl accent* "Is that, like, a blue Yeti?" But yes, your button is blue now, ty for the content, well delivered info and insightful keep it up! Just a friendly edit: Outro music is a bit jarring, comes in louder than the preceding content. Cheers!
@rahmann4280
@rahmann4280 3 жыл бұрын
Turo copied Uber, get the people in let them make money then wait for the right time to enslave them
@brianplum1825
@brianplum1825 3 жыл бұрын
This is a smart and insightful analysis of the Turo business model. I was surprised to find it on KZbin after seeing so many not-so-smart KZbin channels.
@kr8zeivan
@kr8zeivan 3 жыл бұрын
You’ve inspired my to give this a shot I am going to start with 1 vehicle first. Wish me luck!
@AubreyJanik
@AubreyJanik 3 жыл бұрын
Amazing! Good luck!
@yngceeYC
@yngceeYC 2 жыл бұрын
how is this going for you ? i’m interested
@YaBetterCallBabu07
@YaBetterCallBabu07 3 жыл бұрын
9-5 employees don’t control the business they work for either, plus the employer can fire you any day. I suppose what matters is how much your 9-5 makes compared to turo, which you think you’ll enjoy more, & which youll be better at.
@ifticarahmed2812
@ifticarahmed2812 3 жыл бұрын
Hi
@ifticarahmed2812
@ifticarahmed2812 3 жыл бұрын
Can u call me pls
@casherj1
@casherj1 3 жыл бұрын
I think the caveat in the comparison you are forgetting is that most people with a 9-5 job have a skill set. This means IF they get fired they also can find another similar job. Turo on the other hand does not have real competition yet. So if they decide to flip their model you can't just go get the same volume of customers on your own. So there is no need to fully depend on turo until you have a way to leverage your fleet if things were to change dramatically is her point.
@YaBetterCallBabu07
@YaBetterCallBabu07 3 жыл бұрын
@@casherj1 good point
@fonzycooper9135
@fonzycooper9135 3 жыл бұрын
3rd gen 4Runners are the best vehicles on planet earth. I got so excited when I heard you say you drive one. I own a 01 SR5 4Runner. Gang gang
@deevee8595
@deevee8595 3 жыл бұрын
No one talks about where they park all these damn cars
@emmanuel.eudave.marin.
@emmanuel.eudave.marin. 3 жыл бұрын
Storage unit. Or nice neighbors 😂
@AubreyJanik
@AubreyJanik 3 жыл бұрын
They are never all parked - the only time I ever had all my cars parked at 1 time was for 2 weeks during lockdown last year, other than I have never seen my cars all at once. During the Pandemic I spread them across the lot I rent, my house and my family members to avoid having them all in once place in case of vandalism
@nelsonzambrano5788
@nelsonzambrano5788 3 жыл бұрын
@@AubreyJanik You were going to be a Turo Guru/Queen or a CIA Case Officer - Love your thinking process!
@nparmstrongcommish5761
@nparmstrongcommish5761 3 жыл бұрын
At the end of the day you will never have total control unless you create YOUR own platform. Its their platform. Just have go until its no longer profitable for you
@Xy1on
@Xy1on 3 жыл бұрын
@@AubreyJanik Hi Aubrey, I'm looking to start renting out one of my cars for Turo as well. I live in an apartment complex, are you saying that I can leave my car anywhere like the guest parking for a rider to pick it up? Asking because I don't have personal parking or a garage since I live in an apartment. You're saying I can have them pick it up and a friend or family member's house as well?
@funfun5656
@funfun5656 3 жыл бұрын
The funny thing when I think about it is that most 9-5 people have a similar issue with their income strategy. All the eggs are in one basket investments are in the company they work for and if things go belly up or something like COVID causes their stock to devalue which in turn prompts massive layoffs to scale down to adjust to demand they're pretty much screwed. Long story short I think you're preaching a very valuable lesson here which is to diversify and make sure you have multiple streams of income or you'll always have that worry in the back of your mind. Love it!
@adrianmxmx
@adrianmxmx 3 жыл бұрын
Take the margins from Turo and push to dividend stocks to have real passive income with compounding. Borrow against you investments to grow an avoid heavy tax penalties. No more worries about cars :) Great content.
@JJ-le5fe
@JJ-le5fe 3 жыл бұрын
I've had up to 11 cars with them. The margins were already thin before their changes. Now with their policy changes, its' almost assured that I'll lose money on any additional cars. It's clear they shifted their focus on attracting new hosts to maximizing their cash flows. They used to be a great platform to make a bit of side cash, but now it's become just a place to possibly defray cost of car ownership, given that any damage to your car(s) will be covered by insurance, but in the last couple of years, it's also become clear that Turo's insurance provider looks for any reason to reject damage claims.
@kellyshitah1913
@kellyshitah1913 3 жыл бұрын
Interesting 🤔
@brandonjones4723
@brandonjones4723 3 жыл бұрын
Good work Aubrey. Im also a Turo host in Atlanta, business is slow in December but overall I had a great year and plan to add more cars in 2021. Currently at 20 cars in my fleet. Hit me up if you ever want to brainstorm and share ideas.
@mauriceanderson8312
@mauriceanderson8312 3 жыл бұрын
It’s crazy I was looking at your fleet today...you have a lot muscle cars
@mauriceanderson8312
@mauriceanderson8312 3 жыл бұрын
I will love to pick your brain...can I email you
@georgeserafidis3215
@georgeserafidis3215 3 жыл бұрын
Hey, would it be worth it to buy a Tesla for 40k at 5k down with payments around 600 a month. They rent around my area for 120-150 a day. I would look to rent it out around 10-15 days a month. Would this be a good idea ? I would evtually make it My car and roll some profits into new investments
@NeekkeKayla
@NeekkeKayla 3 жыл бұрын
I am also in Atlanta and I am just finding out about Turo! I've been going crazy trying to find a credit hustle and I'm really interested in lease and rent. If you are willing to give me some advice based on your experience please DM me on instagram! @neekkekayla Thank you :)
@billiechung
@billiechung 3 жыл бұрын
Where do you get your cars from?
@johnnyfx911
@johnnyfx911 3 жыл бұрын
Your KZbin style reminds me of Graham Stephen lol. Great video 👍
@jedi21f
@jedi21f 3 жыл бұрын
My thoughts as well. 👍🏼👍🏼
@HBJ5483
@HBJ5483 3 жыл бұрын
I thought the same thing. Her mannerisms are spot on with his...lol
@lorealdonae
@lorealdonae 3 жыл бұрын
Crash Course
@quicksilver1752
@quicksilver1752 3 жыл бұрын
She just copies him
@id_rather_NOT89
@id_rather_NOT89 3 жыл бұрын
#facts
@Vision33r
@Vision33r 3 жыл бұрын
In a true rental business, Turo should only acts as a broker between renter and hosts. The hosts can determine who/when they wish to rent to and no restriction on how to engage the renter. Instead Turo decides how you should provide your personal assets at their terms. That is NOT a business. You are giving your personal assets and hard work for free for a meager amount of money and expose all of the risks and they have no risk at all.
@JS-jr1fo
@JS-jr1fo 3 жыл бұрын
So customers get to put 200 miles on your car daily? And over mileage fees capped at 6 cents a mile?? Thats an insanely huge policy shift.... im not sure if she fully realized yet how much thats going to negatively impact her business
@PurposetheSaviour
@PurposetheSaviour 3 жыл бұрын
I just started with 4 vehicles and I doing excellent
@joshuasiley-waters6567
@joshuasiley-waters6567 3 жыл бұрын
I have always wanted to jump into the Turo business. My director at work thinks I'm crazy since I have said it would be an experience, even if it starts at a loss. Curious, did you start with your personal car? What car do you think is ideal for starting Turo in Santa Barbara? I have always had my 2016 VW GTI on Snooze since maintenance expenses will absolutely eat profits - recent headlight repair cost $1500 (2x)
@joshuasiley-waters6567
@joshuasiley-waters6567 3 жыл бұрын
@UCe6wFCf5KykdTrEe5L1kWSw Thanks for the encouragement David. I think Im ready to go...just need a car other than my own. I'm strongly considering using a Chevy Volt or Ford C-Max
@fguinvestments9117
@fguinvestments9117 3 жыл бұрын
Good information got our first 3 cars today
@kellyshitah1913
@kellyshitah1913 3 жыл бұрын
How is it going so far? Is it good? Seems interesting
@omkarchandorkar
@omkarchandorkar 3 жыл бұрын
Thank you for your video. You made some excellent points for the newbies such as myself.
@equalandthesame9110
@equalandthesame9110 3 жыл бұрын
Hi Aubrey, 35K Early on with your channel, you had me tossing Turo possibility around with some of my family. I have not given up on the idea, or similar, or some ways to kind of copy the business model of Turo, not as a competitor, but just internal business models. As for Turo being viable here in CT, I still don't know, given many parameters we've reviewed back then, like seasonal restrictions or interference; local laws and overall location advantages/disadvantages. And without saying business savvy and finances. This your second that I recall addressing Turo "policy" shifts or updates really at first glance seem to suggest the deck is stacked against Turo Hosts. So for me, IDK but lean against. Much of that is my ignorance's and to some point my other interests. What I find really inspiriting is that you are still keeping Turo as a major income stream ($six figures and looking to double) with all the Turo policy changes. I note you are not doing so blindly, and are committing yourself to ongoing reviews. But you still see not just continued opportunity, but well planned, cautious yet aggressive growth opportunities. I thank you for this and second Michael Guillot below about following you before you become a billionaire, (and hopefully with a lot of mini millionaires' followers). Thanks Bill
@AubreyJanik
@AubreyJanik 3 жыл бұрын
Thank you for the kind comment Bill! I think starting a Turo fleet can be a great idea, but I do agree that it's only a good idea if you are really only interested in learning all the ins and outs. I have an advantage because I've been with Turo for so long that I have been able to learn as I go along with these policy shifts. I think going with a business model similar to Turo could be a great idea - I personally think Peer to Peer lending (whether it be cars, houses...etc) is here to stay!
@UfoSal722
@UfoSal722 3 жыл бұрын
I like Uber to rent & I want to rent out my 2018 Nissan Altima SL w/ 104,807 miles on it now. I'm making $2,000 a week as an Uber driver in Virginia, D.C., Maryland area! I just got $8,350 PPP loan from Womply & plan to pay off my car loan to purchase a minivan to make more income with Uber XL then rent out my 2018 Nissan Altima SL with either Uber or Turo which ever pays best. Love to make money from my current Nissan!!! Great video!!! You got my creative money making juices flowing!!!
@nurahfosu9731
@nurahfosu9731 3 жыл бұрын
Tell me more about Uber rent
@ab3841
@ab3841 3 жыл бұрын
Did Turo for 2.3 years 1000+ trips and recently stopped. Had 20 cars, Cruze, Corolla, Prius, Focus, Uplander, and Chevy Volt. 2009-2013 year. Overall rating 4.78/5. I will tell you one short thing, DO NOT DO IT. This is my model, someone else may have other numbers. So lets say you make $750/car pr month, (25days rented/30). (from turo website). Turo cut is lets say 30% (40% on higher tier). So lets go with 70% revenue left, right off the bat you have $560. Cool right? Ok lets move on. 1. Sales and Waste tax: (Illegal?) You do not pay sales tax/ waste tax, you will be liable for any state taxes. (unlike airbnb collecting for hosts. Basically you are operating an illegal business for TURO to make money. If you do decide to pay sales tax it will run 8-10% based on state(~55$/car/mth). If you pay waste tax (which is obligatory for rental car companies there is an additional 8-10% or 2$/day (~60$/car/mth) according to the Florida Revenue website. 2. You will spend 10-15% of your revenue in insurance (70$/car/mth). Are you still here? 3. You will spend around 200$ on each car tires every single year, disregard patches, plugs and repairs.(~20/mth/car 4. You will spend EASY 10-15% of your overall revenue on (car repairs, meintenance, oil change, filter change, wiper fluid, scents etc) at a cheap mechanic, one car may need little, the other may need transmission replacement, guaranteed. ($75/car/mth) 5. Your guest has minor scratch, chip, dent. You have $250 deductable, turo made this on purpose so all small damages you are basically F*ckked and have to pay for them yourself. They will say, your damage is $256, but because your deductable, we can issue you $6 LOL. 6. Your car is at the mechanic you are getting $0, time waste. 7. You will find your car dirty and will spend a lot of time cleaning them, washing them and preparing them for new guests all the time. All this despite the remote check in process (if you paid for one, another expense) 8. Turo claims all the time to be a mobile platform only, meaning anything beyond that you are responsible if you get caught in any of wrong doing or god forbid someone dies in your car. You will be on your OWN!! 9. Depreciation: Your car will add around 20.000-30.000 miles pr year if it gets rented all the time. I can tell you that you will have less value in your car whatever you paid for it. So that is an easy 20% loss overall in money or more when the car is actually sold. 10. THis is not a sales pitch, i am not telling you avoid TURO and DO this instead. i am not selling you anything. I am not frustrated, i am simply showing number by number what this business is. I have told even Turo execs the same thing. The concept is great, the model is crap and WILL FAIL.
@youtubeuser5102
@youtubeuser5102 3 жыл бұрын
But were you profitable?
@bigmatt1987hawaii
@bigmatt1987hawaii 3 жыл бұрын
You are inflating a lot of Turo expenses. Hawaii Turo
@Tj-ug8qc
@Tj-ug8qc 3 жыл бұрын
How about when it’s time for taxes? These actually are all deductions.
@bigmatt1987hawaii
@bigmatt1987hawaii 3 жыл бұрын
@@ab3841 have you looked at my channel
@bigmatt1987hawaii
@bigmatt1987hawaii 3 жыл бұрын
@@ab3841 your experience is your own. Is turo the best definitely not but what your saying isn't true. You can't count depreciation to your monthly earnings for one. You also can't guarantee that all cars get damaged and you will pay out of pocket. That's all I'm going to say.
@knowknowhow
@knowknowhow 2 жыл бұрын
The biggest risk is an accident. My first guest had an accident when returning the car on my first trip. It has been passed a week, the insurance company still hasn’t contacted me. My car is still parking in the repair shop. I missed at least 3 trips and I couldn’t drive my vehicle either.
@yngceeYC
@yngceeYC 2 жыл бұрын
did they eventually cover the costs of damage ?
@geniecats
@geniecats 3 жыл бұрын
Turo will keep changing their policy. How do you make exit when you have....let's say, 5 to 20 cars? Just like putting all your eggs in one basket. I am also a host and I only have less than 10 cars but all high-end cars making 4 figures a month after expenses which I assumed is equivalent to 10 or more lower-end cars.
@ChrisMonroeSTL
@ChrisMonroeSTL 3 жыл бұрын
Great video. Maybe Turo can create another segment for host with 5 or more cars. I think that would help out a lot and attract more professional hosts.
@JayAbreu12
@JayAbreu12 3 жыл бұрын
I agree with you 100%, maybe add a Turo (Pro-segment). Personally, I still see Turo as more of a side hustle. So for people using it as a second source of income/side hustle maybe an extra $200-$300 a month.
@ballwizz23
@ballwizz23 3 жыл бұрын
Incredibly informative and valuable video! Thank you so much!
@YakMotley
@YakMotley 3 жыл бұрын
Great video!
@YakMotley
@YakMotley 3 жыл бұрын
@@abc-pn2eb lol
@mangalapadmasiri3318
@mangalapadmasiri3318 3 жыл бұрын
Great vedio. The vedio is short and sweet, no time waste. That is the major reason I like.
@AubreyJanik
@AubreyJanik 3 жыл бұрын
Thank you!
@stephensullivan1011
@stephensullivan1011 3 жыл бұрын
I bought off of your fix'd link! Super awesome! Thanks!!
@jenserickson1268
@jenserickson1268 2 жыл бұрын
Hi Aubrey, Thank you for the clear breakdown of Turo's new policies. That'll be helpful for me.
@aaronglaser
@aaronglaser 3 жыл бұрын
love this video, its the best side hustle out there.
@mdarrar3018
@mdarrar3018 3 жыл бұрын
No Turo for me. You saved me a lot of time and money.
@stephensullivan1011
@stephensullivan1011 3 жыл бұрын
Turo hosts should unionize haha
@SuperPrem
@SuperPrem 3 жыл бұрын
Yassss
@prayerforthesick1713
@prayerforthesick1713 3 жыл бұрын
Thank you for your unbiased account of the Turo business.
@AubreyJanik
@AubreyJanik 3 жыл бұрын
Thanks for watching!
@waqarsyed887
@waqarsyed887 3 жыл бұрын
Tks for giving to the point info. Great advise for passive income because Turo has full control.
@jamesbarber6744
@jamesbarber6744 2 жыл бұрын
THIS WAS AWESOME !
@ChrisAlia
@ChrisAlia 3 жыл бұрын
Absolute great insight, thank you!📈🦇
@SlavaBatyrev
@SlavaBatyrev 3 жыл бұрын
Turo is is not a viable replacement for you 9 to 5 income. Its only worth it as a side justle if you work a minimum wage job, and have a car you can rent. Do yourself a favor and invest into yourself and an actual job with growth potential. Prognosis for Turo: Competition will increase further, prices will decreases, fees will keep increasing (IF turo doesn't go out of business). Causing you to work for minimal wage, with a lot of headaches.
@apex1870
@apex1870 3 жыл бұрын
We don't need Turo to rent cars out, just use renters' personal insurance, they will cover your car much better and you get 100% of the money. Good luck getting your car fixed by Turo if a major accident happens. My Daughters Tesla has been in the shop since September 2020 and Turo is trying to find ways not to pay for it while I still have to pay $700 a month
@ctbaze28
@ctbaze28 3 жыл бұрын
I want to research a few cars under this non-turo suggestion. Thanks for this comment!
@knowknowhow
@knowknowhow 2 жыл бұрын
I did Turo in Sept 2021 in Montreal, at the first guest first trip, have a accident, the damage over $5000 CAD. It passed weeks, I still waiting the insurace response me. I lost at least 3 guests, cannot use my car either.
@jacobhatty6960
@jacobhatty6960 3 жыл бұрын
This is great info. Any advice for someone just getting started with 1 car?
@AubreyJanik
@AubreyJanik 3 жыл бұрын
Read the terms of service lol....but seriously, read the terms of service and take a lot of photos
@EndofDays213
@EndofDays213 2 жыл бұрын
Replacing turo with my Job I would like to but I’ma do the smart way and slowly transition into. Test the waters as some ppl say lol, Not putting all my eggs in one basket.
3 жыл бұрын
Thank you so much for sharing... wish me luck I will start with my frist car 😘😘😘
@hasansheikh3680
@hasansheikh3680 2 жыл бұрын
I dont get why the guest would not pay the deductible instead of the owner? That makes no sense to me.
@JamieReneeVonTeez
@JamieReneeVonTeez 3 жыл бұрын
Can’t you charge the customer who damaged the car for the $250 deductible and any other expenses incurred due 100% to the customers fault and/or use?
@bigmatt1987hawaii
@bigmatt1987hawaii 3 жыл бұрын
sorry but you can't. hawaii turo
@bigmatt1987hawaii
@bigmatt1987hawaii 3 жыл бұрын
Sorry you can't charge a renter like that. Hawaii Turo
@jerometruitt2731
@jerometruitt2731 3 жыл бұрын
No but if you have a policy of your own you may be able to file a claim and collect a deductible that way.
@hasansheikh3680
@hasansheikh3680 2 жыл бұрын
@@jerometruitt2731 Makes absolutely no sense why an owner has to pay a deductible for something they had nothing to do with. What does the guest pay then when they committed the accident?
@jerometruitt2731
@jerometruitt2731 2 жыл бұрын
@@hasansheikh3680 thats how insurance works....Turo should take it from the renter.
@lloydcollins
@lloydcollins 3 жыл бұрын
Ok wait? You spent like 6min hating on Turo policy, then said it such a great opportunity. So which is it?
@RobWill5864
@RobWill5864 3 жыл бұрын
3:00 (ish) This makes me wonder how often you have issues where you have to submit claims? Assuming your net profit is in the comfortable 5 figures a month from your fleet, your demeanor about a $250 deductible makes it seem as if the claims or frequent. At least that's the way I received it..
@jeremyn6726
@jeremyn6726 3 жыл бұрын
Thanks for the info. Have you made a video about tax impact of turo fleet, how you depreciate and write off expenses and whether make/model/weight has any impact on such considering the IRS limits on most business vehicles? Thanks
@sidb_iii1179
@sidb_iii1179 3 жыл бұрын
Great video, very insightful (: Quick question, where do you park you fleet when not in use?
@AubreyJanik
@AubreyJanik 3 жыл бұрын
I rent a lot, but they are never all parked at once. the lot I rent I only am allowed to use three space and that has never been an issue even with my growing fleet.
@vincesalmo6538
@vincesalmo6538 2 жыл бұрын
Great video good job. Where do you store all your cars?
@carlossantofimio2453
@carlossantofimio2453 3 жыл бұрын
Hi @Aubrey when will you have the Turo course available?
@romulo305
@romulo305 3 жыл бұрын
Thanks for another great video👏👏👏. I have a question. If a customer total your car, who is responsible fir tow the car to the shop?
@AubreyJanik
@AubreyJanik 3 жыл бұрын
Typically Turo is, you can handle it on your end and then send the invoice to Turo but for the most part Turo will arrange the tow in the case of a total loss.
@stressfree9780
@stressfree9780 3 жыл бұрын
The insurance will pay- then they will throw u off platform if it happens a lot..
@carmeloortiz5687
@carmeloortiz5687 3 жыл бұрын
Hellow Good Afternoon have a great and awesome and super cool day today ok and yes God bless you to.
@AubreyJanik
@AubreyJanik 3 жыл бұрын
Have a wonderful day!❤️
@carmeloortiz5687
@carmeloortiz5687 3 жыл бұрын
@@AubreyJanik Well Thank you so very much.
@guypithecusthe1st453
@guypithecusthe1st453 3 жыл бұрын
Where do you keep all those cars?
@AubreyJanik
@AubreyJanik 3 жыл бұрын
I rent a parking lot!
@yamabushisama
@yamabushisama 3 жыл бұрын
Good information
@Camariiw
@Camariiw 3 жыл бұрын
Hey love you channel great content and info. Hey should I charge for delivery. Asking because it's a inconvenience for me and time consuming. I understand free delivery is a competitive advantage but I noticed I'm the only one offering it with my cars ( Mustang and Camaro ). If so how much
@bigmatt1987hawaii
@bigmatt1987hawaii 3 жыл бұрын
You should charge for delivery. Hawaii Turo
@johnpinniss6949
@johnpinniss6949 3 жыл бұрын
Where do you park your cars?
@georgeserafidis3215
@georgeserafidis3215 3 жыл бұрын
Hey, would it be worth it to buy a Tesla for 40k at 5k down with payments around 600 a month. They rent around my area for 120-150 a day. I would look to rent it out around 10-15 days a month. Would this be a good idea ? I would evtually make it My car and roll some profits into new investments
@bigmatt1987hawaii
@bigmatt1987hawaii 3 жыл бұрын
I would recommend do it in a heartbeat! Hawaii Turo
@bigmatt1987hawaii
@bigmatt1987hawaii 3 жыл бұрын
Good content! Turo does whatever they want at anytime. I have no idea what my 2021 will look like. Its brutal here in Hawaii! Hawaii Turo
@AubreyJanik
@AubreyJanik 3 жыл бұрын
Thank you! Has it picked up at all in Hawaii the last few months?
@bigmatt1987hawaii
@bigmatt1987hawaii 3 жыл бұрын
@@AubreyJanik last month was something. This month is dead.
@stressfree9780
@stressfree9780 3 жыл бұрын
Are u ok - you seem depressed
@bigmatt1987hawaii
@bigmatt1987hawaii 3 жыл бұрын
@@stressfree9780 how many cars do you have on turo?
@therochealthfitness2242
@therochealthfitness2242 2 жыл бұрын
Update? How did 2021 go?
@RevMatchTrackDays
@RevMatchTrackDays 3 жыл бұрын
You only get $0.06/per mile they go over the limit? That's insane. Is this still the case? Today there seem to be cars with $0.22/per mile over from the renters side of things.
@BabyPaco13
@BabyPaco13 3 жыл бұрын
Where do you store your fleet?
@stalleon2830
@stalleon2830 2 жыл бұрын
Where do u keep it cars parked
@JRAMOSK20
@JRAMOSK20 3 жыл бұрын
Would you recommend investing in a 3-5,000 vehicle to start on Turo ? I’m looking to possibly have 2-4 Vehicle and generate 2-3,000 net profit
@cmimagine
@cmimagine 3 жыл бұрын
The cars you should should be in demand in your area. Some cars work well better in some areas than others so you have to do your homework and understand the demand
@urbandisciple5414
@urbandisciple5414 3 жыл бұрын
How do you make it passive? I'm coming into 2021 February to start my TURO business. What are the oldest car and most miles on that car TURO allows you to start with? Like your show very informative, and are you seeing anyone? I will eventually KZbin also, but not now.
@cmimagine
@cmimagine 3 жыл бұрын
12 years no more than 130k miles
@LadyLyke11
@LadyLyke11 3 жыл бұрын
How do you handle tolls, since the car is registered you if the driver doesn't pay the tolls how do you hold them liable
@cmimagine
@cmimagine 3 жыл бұрын
you send the customer an invoice, they are responsible. Turo will charge them
@michaelguillot8242
@michaelguillot8242 3 жыл бұрын
Should you consider a competitor to Turo? Is there a competitor to Turo?
@AubreyJanik
@AubreyJanik 3 жыл бұрын
There is a few but they all aren’t available in every city. There is a new one called Avail I’m keeping an eye on that I may explore!
@michaelguillot8242
@michaelguillot8242 3 жыл бұрын
@@AubreyJanik Years from now I'm going to tell people, "I followed Aubrey on KZbin before she was a billionaire"
@isaiahproctor4601
@isaiahproctor4601 3 жыл бұрын
Where do you store your cars?
@adamcollier1830
@adamcollier1830 3 жыл бұрын
Make money off one car? Like a newer vette?
@samanthasmith2418
@samanthasmith2418 3 жыл бұрын
Hey!!! Thanks for the great info!!! Do you recommend any type of seat covers? If so, is leather preferred. Also floor mats are they worth the investment!? Thanks so much for the great info! I actually just put my first car on the other day and in my area there are only two cars listed within a 20 mile radius. How cool is that. I feel like we're on the ground floor.
@br705
@br705 2 жыл бұрын
So I just bought a brand new car and I'm wondering by wondering how well I can do with a yesterday with a new car 2021 2021. You are running a fleet of cars I just have 1. What is a reasonable financial expectation his station with 1 vehicle?
@davidray3347
@davidray3347 2 жыл бұрын
Hello Aubrey great video. I’m currently not a member of Turo, however I interested in the course you mentioned in this video. How can I get more informed on that?
@tonymardones3742
@tonymardones3742 3 жыл бұрын
I was diagnosed with cancer and I have a 2020 Dodge Ram that I won’t be able to pay for. I’ve racked my brain on how to sell it so it’s on market place car gurus etc. is putting it with Turo as a business a doable way to come up with my 1k payment a month?
@sav.labrant
@sav.labrant 3 жыл бұрын
Great video... Very informative, thank you for sharing !
@LucasLand
@LucasLand 3 жыл бұрын
I’d like to buy a new canaro. Was thinking of renting it out via Turo to make enough that it pays for the car. Eventually make enough car is paid off by the guests . Think this is doable?
@bigmatt1987hawaii
@bigmatt1987hawaii 3 жыл бұрын
yea I think it could work. hawaii turo
@operationhotshotinc.6887
@operationhotshotinc.6887 3 жыл бұрын
I have a 2011 Ford F450 Dually truck. Is there a platform that you are aware of similar to Turo for bigger trucks ?
@omaribrucebruce2181
@omaribrucebruce2181 3 жыл бұрын
Fetch truck try it god bless you
@88unforgivable
@88unforgivable 2 жыл бұрын
How do get approved to purchase multiple vehicles? Doesn't it increase your DTI?
@robluxuryvegas
@robluxuryvegas 2 жыл бұрын
Can you make money with a couple Teslas?
@hambox2008
@hambox2008 3 жыл бұрын
Should I purchase my cars in my business name?
@stephensullivan1011
@stephensullivan1011 3 жыл бұрын
Yeah I'm a Turo host and those have definitely frustrated me..
@legato3692
@legato3692 2 жыл бұрын
Take a shot everytime she says "Turo platform"
@gabrielvarella9925
@gabrielvarella9925 2 жыл бұрын
What are your thoughts on having a Turo side business in the Bay Area while living in Arizona.
@pedromunoz4468
@pedromunoz4468 3 жыл бұрын
Loved the video!! I'm thinking of buying a new car and Do Turo as a Side hustle, with now 2 cars, I would really want to right off the car, any thoughts 🤔 suggestions
@KeefSoSmoove
@KeefSoSmoove 3 жыл бұрын
Wow. Your very well spoken & seem very business savvy. I love it ❤️
@jesusrosefromthedead8017
@jesusrosefromthedead8017 3 жыл бұрын
You’re not getting her my man
@abdulkhafidsulaymaan
@abdulkhafidsulaymaan 3 жыл бұрын
You have to dream bigger Bre. Instead of having 20 cars on Turo why not have your one Turo?
@AubreyJanik
@AubreyJanik 3 жыл бұрын
I’m dreaming MUCH bigger than Turo, but Turo is means to help me get there 😉
@abdulkhafidsulaymaan
@abdulkhafidsulaymaan 3 жыл бұрын
@@AubreyJanik I'd be happy to rend a car from your platform.
@KS-jy5ox
@KS-jy5ox 2 жыл бұрын
Great video. Quick question are you leasing your vehicles?
@AubreyJanik
@AubreyJanik 2 жыл бұрын
I am not
@creamyalmondz
@creamyalmondz 3 жыл бұрын
If you have a fleet, where do you keep these cars?
@LordBlackNephew
@LordBlackNephew 3 жыл бұрын
What is a great vehicle you would recommend?
@AubreyJanik
@AubreyJanik 3 жыл бұрын
Toyota Yaris
@Trwillis9
@Trwillis9 2 жыл бұрын
On average how many days are your cars rented out on a monthly basis?
@wbhuyan
@wbhuyan 3 жыл бұрын
How are you doing so far in 2021 with Turo? I’m strongly considering purchasing a used vehicle to put on the platform. I would assume Turo would be sought our more with how expensive rental cars are currently?
@AubreyJanik
@AubreyJanik 3 жыл бұрын
Turo has been crushing it! Market is slowing down a bit but still super strong
@DADDY557
@DADDY557 3 жыл бұрын
how difficult is it to go independent?
@K-Packs
@K-Packs 3 жыл бұрын
how much will the course cost?
@oleksigoriachek7428
@oleksigoriachek7428 3 жыл бұрын
Aubrey, I quite Turo 3 years ago (back 4 years ago they gave a bonus to hosts) I had 7 Kia's and Hyundai's. I had it all: Stolen car, wrecked car, 1600$ in speeding tickets (4×400$), rental person got busted in my car so police hold my car for a 6 month until the guy come out of jail (LOL). Rentals swap my engine on seized engine during rental (1500$ out of pocket Mechanical issues not covered), one guy was drank and put in reverse while going 70mph (transmission replacement 1000$ out of pocket Mechanical issues not covered) Thanks God I was renting out 500$-1000$ straight own Kia's and Hyundai's so it was not end of the world to lose a car. But in your case it just not worth it.
@kellyshitah1913
@kellyshitah1913 3 жыл бұрын
Wow!
@brianherman3995
@brianherman3995 3 жыл бұрын
good content
@j.m.5995
@j.m.5995 3 жыл бұрын
"You will own nothing and be happy"
@ATHLETE.X
@ATHLETE.X 3 жыл бұрын
JM knows what’s up
@phyliciajones9696
@phyliciajones9696 3 жыл бұрын
😂😂 so I heard.
@1981dlambert
@1981dlambert 3 жыл бұрын
Thanks. Devil’s in the details.
@TheSimonJiang
@TheSimonJiang 3 жыл бұрын
How did you add more cars to the fleet. I imagine that you can’t be buying/leasing cars constantly due to the hard pulls on your personal credit inquiries. Did you have to use an LLC with its business credit line to do so?
@AubreyJanik
@AubreyJanik 3 жыл бұрын
All of them are cash cars
@DrGLOCK-ky7wi
@DrGLOCK-ky7wi 3 жыл бұрын
Are you offering a Turo course??
@Platelunchexpress
@Platelunchexpress 3 жыл бұрын
The market is flooded with people with fleets I see
@jamesrobinson2017
@jamesrobinson2017 3 жыл бұрын
Hello from Houston (Katy), TX! Looking make to invest in my first vehicle for the platform. I'm thinking 2014 Ford Fiesta...? Looking to get to remain under 8K for first 2 vehicles. At what point would you recommend getting the LLC? Glad to hear things are back to normal. This will be 2nd to my 9-5. Are you still able to work a 9-5 also? Thank you, great content 👌🏾👌🏾!
@tinaredd6858
@tinaredd6858 3 жыл бұрын
Too funny, I’m in Houston too looking to get my first car or cars as well. Ready to get before the 31st. I always hear you can get the best deals before the year ends
@jamesrobinson2017
@jamesrobinson2017 3 жыл бұрын
@@tinaredd6858You have one day left! Lol. Did you get anything? I'm thinking about a Jeep or X series.
@tinaredd6858
@tinaredd6858 3 жыл бұрын
@@jamesrobinson2017 I was just way too busy. And I never got to talk to anyone to see how the Turo market was doing in Houston.. but I’m still extremely interested. So maybe I will wait until I can get a better deal again. Or just get some cash cars.
@thelisaaubrey4164
@thelisaaubrey4164 3 жыл бұрын
@@tinaredd6858 small world I follow you on Instagram. We’re all trying to get it lol
@gregorystrickling1800
@gregorystrickling1800 3 жыл бұрын
How do I purchase your course ?
@MrLamarLynch
@MrLamarLynch 3 жыл бұрын
Does Turo work in the UK?
@nicholasbabeaux2052
@nicholasbabeaux2052 3 жыл бұрын
Hey there thank you for the video, I just subscribed, I’m thinking about buying a car to rent out on Turo, it won’t be my own car, I live near the airport, can do airport drop offs, I work on my own cars, I’m well aware of the overhead. I’m just wondering in your opinion how accurate the Turo calculator is, for example I am thinking of buying a Fiat 500 to rent in San Diego where I live, Turo says it could possibly be rented on average 22 days per month, my net would be 484, daily price of 32, and my daily earnings $22, based on what you make on your make and model cars is the Calculator. accurate, thank you
@cmimagine
@cmimagine 3 жыл бұрын
In my opinion no. I think the number of trips is close but the price needs to be looked at depending on demand. What I do is look at the number of reservations of each car in the area and look at their prices.
@linkinpark1800
@linkinpark1800 3 жыл бұрын
Do you think Turo is profitable near the charlotte NC area. I’m concerned that the platform wouldn’t be much of a profit in places where there isn’t a big tourist area
@AubreyJanik
@AubreyJanik 3 жыл бұрын
see what the demand is in your area by looking at the Turo page in Charlotte - i am not familiar enough with the market to say yes or no, but looking to see how many reviews cars have is a good indicator
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