Is Turo Still Worth It in 2024?

[@KentWeare]

Totally agree with the comment of treating it like a business. The vehicle is an asset that makes you money.

[@crownedclub]

@@KentWeare yessir! Can’t be attached

[@ponzyy4849]

Awesome video man, I was a little hesitant on the rental car issue for insurance and liability reasons. I had a couple questions though that would be cool to address in a video. What insurance do you use for your cars and how do you decide which one to use on your cars? What programs do you use to decide pricing, popularity of rental, and for fleet management? Whats the benefits and downsides of using Turo? and Whats the best advice to get started in the rental car business? Thanks so much, and again, great video!

[@crownedclub]

@@ponzyy4849 thank you for watching and appreciate the suggestions! Will do a video soon addressing these questions! ✊🏼

[@ZeesHouseofTeas-rq1bq]

Thank you for your video. Im still thinking about it

[@bigdaddy5087]

wow bro very impressed from a channel with only 200subs i subbed right after. i got a c63 might get another car to rent out and enjoy like you are

[@crownedclub]

@@bigdaddy5087 thank you brotha! ✊🏼 was actually thinking of picking up a C63 myself!

[@papiamg63]

@@crownedclubdo it best car i ever had overall. with 700hp tune and still no problems ( this is my yt channel)😊

[@GregZoe]

Thank you.

[@namor3409]

What city are you in?

[@crownedclub]

@@namor3409 Dallas 👍🏼

[@MufasaJungle]

You seem like a nice dude

[@crownedclub]

@@MufasaJungle thank you 🙏🏽 I appreciate that

[@campbellsSoup94]

You’re investing in the wrong real estate, my guy. Also, I have a friend with 15 cars on his own credit. So not sure what’s not working for you

[@crownedclub]

@@campbellsSoup94 ay good for him man if that works for him. Still trashes your DTI, good luck when he goes to buy a house. Even so, shouldn’t have business related stuff in your personal name when you can have it under an entity 🤷🏽‍♂️

[@Craig_Alexander]

Love the idea but car payments keep you poor. Way better was to make money. But if you love this car then consider it an expensive ass hobby

[@crownedclub]

@@Craig_Alexander appreciate the feedback! But I’d have to disagree, car payments only keep you poor if YOU are the one paying them 👍🏼 The cars cash flow better than my houses most times.

[@Craig_Alexander]

@@crownedclub ok but lets say no one pays you for a month. Plus its a deteriorating liability not an asset.

[@crownedclub]

@@Craig_Alexander highly unlikely hypothetical, but there are risks in any business. Assets make money, liabilities take money. My cars make money, therefore they are an asset. But I’m not here to debate or try to convince you, to each their own ✌🏼

[@allmoneythings]

@@crownedclub well said. and respectful too lol!! i would definitely keep going !!

[@yeshua.a]

@@Craig_Alexander moving off fear will get you no where in life as a business man you have to have balls. Move with faith king