My Tesla Turo Review After 100 Users | I'm Out and Here's Why

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Ryan Shaw

Ryan Shaw

Күн бұрын

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Amazon:
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Why I'm hanging up my Tesla Turo hat after 84 trips, and 3 dedicated rental Teslas.
Turo Rear Ending: • My $10,851.33 Tesla Mo...
My Rear Ending: • My $23,614.36 Tesla Mo...
$6000 Model Y Repair: • My $6000 Out of Warran...
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Top Tesla Accessories for 2022:
1. Screen Protector (Model Y/3)
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► Teslarati:
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2. All-Weather Floor Mats
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9. Front Trunk Organizer (Model Y)
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Front Trunk Organizer (Model 3)
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10. Grocery Bag Hook (Model 3)
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11. Under Seat Storage Containers (Model Y)
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15. Rear Seat Storage (Model Y)
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16. Door Pocket Organizers
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17. Steering Wheel Trays (Model Y/3)
Desk Wedge: bit.ly/3tUb3Py
Elon Accessories: geni.us/KrUSS
TopFit Desk: geni.us/A8BbKAi
18. Model 3 HEPA Filters (& Older Model Y)
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Cleaning Kit: bit.ly/3pZGTZR
Individual Products:
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► Streak-Free Glass Cleaner: geni.us/mXgqYz
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► Microfiber Cloths: geni.us/KBmSe
21. Sun Shade (Model Y):
► Teslarati: bit.ly/3TSXxXa
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Sun Shade (Model 3):
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25. J1772 Lock
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Пікірлер: 781
@RyanShawtech
@RyanShawtech Жыл бұрын
Lectron CCS to Tesla Adapter : ev-lectron.com/raH9Da Dual-Level Tesla Charger: ev-lectron.com/yzpgo9 Amazon: CCS to Tesla Adapter : www.amazon.com/dp/B0B966542N?maas=maas_adg_3DA924616A60C24419812D818414E075_afap_abs&ref_=aa_maas&tag=maas Dual-Level Tesla Charger: www.amazon.com/dp/B0BLXT3HS8?maas=maas_adg_B378FA37AE4E258C74EA7F3F7F63EF83_afap_abs&ref_=aa_maas&tag=maas
@osuave7811
@osuave7811 Жыл бұрын
But, but Ryan, it looked good on paper, lol. At least youl tryout. It's not that easy or as it's peached as potential business. especially when dealing with people.
@richb2229
@richb2229 Жыл бұрын
All good information here. Thank you for sharing this experience. I expect robotaxi is going to be similar.
@kennethmorris508
@kennethmorris508 Жыл бұрын
You actually rented it out 100 times? I’m done after two
@excusemehello5904
@excusemehello5904 Жыл бұрын
I feel U. I rented out my car about ten times. Soooo many issues, damage etc. People are horrible.
@josesanabriarealtor1106
@josesanabriarealtor1106 Жыл бұрын
Done after the first try.
@mingli1241
@mingli1241 Жыл бұрын
I do Turo with a friend. Cars are tools and u expect it to come back with some damage. All I have to say is get real comfortable with the body shop guys 😂
@kennethmorris508
@kennethmorris508 Жыл бұрын
@@mingli1241 yeah I’ve been doing it for almost two years. Had a total loss and a variety of issues. Always tweaking my strategy and improving.
@audience2
@audience2 Жыл бұрын
I'd never do it as I wouldn't want the inevitable and frequent issues with damage to the vehicle.
@Spatial_Computer
@Spatial_Computer Жыл бұрын
I only got through 6 trips on my 2019 model 3 on Turo before I pulled it. The hassle of dealing with irresponsible drivers and battling with TURO to get compensated for guest extra charges was making me feel the projected value was not worth the time. Mostly, came down to last guest that smoked in the car and left their smoke smelling jacket in the car for me to bring home. Since it is my secondary vehicle and I'm allergic to cigarette smoke, I could not have that happen again. It took months to get rid of the smell.
@cryptoslacker-464
@cryptoslacker-464 Жыл бұрын
I thought that situation might happen. Smokers are less common but still out there. What a nightmare 🤯
@realmac3k
@realmac3k Жыл бұрын
I'm sensitive to smoke too having asthma. My neighbors in the adjacent apartment smoked a few times and it would go right into my bedroom. Their lease ends in a month and I'm hoping the next tenants are better.
@johnmightymole2284
@johnmightymole2284 Жыл бұрын
Disgusting.inconsiderate. the minority ruin it for the rest.
@Technoguyfication
@Technoguyfication Жыл бұрын
Just in case you run into the situation again, buy/rent an ozone generator and run it in the car/room/etc. for a while and it will get rid of the smell.
@ChadAV69
@ChadAV69 Жыл бұрын
Use ozone generator to get rid of odors. USE CAUTION. Do not breathe the ozone in. Read the manual.
@JustinFur
@JustinFur Жыл бұрын
This sounds like a nightmare of a business. Kudos to you for doing it for that long of a time despite all the issues.
@KarelleDIY
@KarelleDIY Жыл бұрын
It can be. And that’s why it’s better to rent out cars you don’t care about or much cheaper cars. It doesn’t hurt as much.
@netaverse7694
@netaverse7694 Жыл бұрын
All business has its stories
@netaverse7694
@netaverse7694 Жыл бұрын
That’s the nature of business
@deandawiz
@deandawiz Жыл бұрын
@@netaverse7694 yes sir
@barkbros123
@barkbros123 Жыл бұрын
Even tho the business didn’t work out as expected you were able to bond with your old man while making some money 🙏💯 the best thing we got is our folks
@desimo147
@desimo147 Жыл бұрын
I was a landlord for 20 years and this sounds exactly like my experience. If dealing with difficult renters and abusive situations doesn't really bother you too much, you can make money doing this over time. For most folks, however, you just get tired of engaging with messed up people who have the ability to damage and destroy anything that gets within a sniff of their ecosphere. And that's with 90% of my tenants being good to deal with. It was that lousy 10% that made me get out. Been six years since I sold that last property and so glad to be away from all that.
@k3iler05
@k3iler05 Жыл бұрын
What did you do for work/investment after selling the properties?
@markdc1145
@markdc1145 Жыл бұрын
Exact same experience here, so I got out.
@squirts1
@squirts1 Жыл бұрын
The biggest thing with any rental type investment is your initial investment. You're initial investment must be low enough to make the income worth the hassle. I currently own 6 rental properties that I purchased between 2008 and 2012 during the big housing crash (160k purchase prices for 400k+ current value), so they are all very profitable. On the short term rental side, it can be worth it if it's intent isn't income, but to offset cost of ownership for a vacation property or car that doesn't get used often.
@bhongtastic
@bhongtastic Жыл бұрын
We’ve been mostly lucky thus far with property renters who’ve been longer term tenants (12+ months). We tend to look for specific traits in our renters now and our filters seem to work as we’ve had very good experiences for the past few years. Our one Airbnb property has been hit and miss with tenants though.
@squirts1
@squirts1 Жыл бұрын
@@AmericanCulture a lot of that is screening your tenants.
@SierraGolfNiner
@SierraGolfNiner Жыл бұрын
Really interesting video, great to see more details on how something like Turo works for the longer term. As a consumer, I rented from Turo once (to test drive a MY before I got mine) and it was a great experience. The host was SUPER nice and even contacted Turo on my behalf when I screwed up and returned the car "late" (It was back in the driveway an hour early, but I didn't know how to use the app, so I didn't push the right buttons to check it back in until a few hours later). But from a hosting perspective I've always said "never". Seems like too ripe for abuse or something to go wrong and that seems to be the case for you. Just like AirBNB. While I know I'm not going to abuse someones car or home... unfortunately way too many people in this world have the mentality of "It's not mine so who cares!" rather than being raised right with the mentality of "It's not mine, so I should treat it *better* than I'd treat my own".
@evilutionltd
@evilutionltd Жыл бұрын
If possible, don't deal with the public. People are the worst.
@yourlogicalnightmare1014
@yourlogicalnightmare1014 Жыл бұрын
Yep. I used to Uber people in my BMW M3.... not cause I needed the money, just wanted to see what it was about. People were such insane ay wholes, I quit doing it after a few months.
@incognitotorpedo42
@incognitotorpedo42 Жыл бұрын
This is why I think that using a personal car as a robotaxi will never be much of a thing.
@WillEdmond
@WillEdmond Жыл бұрын
My friend signed up for Turo and added her brand new car. The driver picked up the car in Atlanta and was given a certain mileage to drive. A week later the car wasn’t returned and my friend ended up finding the car 10 hours away in Miami on the side of the road with the motor blown out. It was brand new and left abandoned. She had to get it towed back and she had to still pay on it monthly with a blown motor. I’m not sure what the guy did to that car but he killed it!
@magistrate7009
@magistrate7009 Жыл бұрын
A very smart idea to rent out your new car to near strangers. Truly takes a special person to do something like this.
@Mikethetechguy74
@Mikethetechguy74 Жыл бұрын
I blame the public school system.
@tdubofficial
@tdubofficial Жыл бұрын
​@@Mikethetechguy74 Ditto.😂
@ashzole
@ashzole Жыл бұрын
lolol is she blonde? lololol
@nissan_skyline
@nissan_skyline 22 сағат бұрын
That's so messed up..
@jroc721
@jroc721 Жыл бұрын
I literally set my turo up yesterday to rent my Tesla. Now i know better 😂
@famouscloud1292
@famouscloud1292 3 ай бұрын
how did it go ?
@the_paranormal_factory1812
@the_paranormal_factory1812 Ай бұрын
I’m assuming it was a horrible experience cause they didn’t respond 😂😂
@RogerWilco1
@RogerWilco1 Жыл бұрын
Tried to rent cars thru Turo a couple of times, and its clear you were one of the better people renting your car out. When the listing is passive aggressive to begin with, its just easier to deal with one of the car rental companies. Like AirBnB, I think its an idea that doesn't work with most people who don't bother to put in the effort you did.
@dumbcat
@dumbcat Жыл бұрын
I rented a Tesla Model 3 dual motor on Turo for a weekend and it was great. the only snag was when i picked up the car i took photos and the owner said, "you don't need to do that. i already did that." i was like... "uh. the website said i should." it just seemed sketchy
@ellencatalina2219
@ellencatalina2219 Жыл бұрын
Same. I'm banned from renting on Turo, I have no idea why. I've never rented from them before and have a clean record.
@nissan_skyline
@nissan_skyline 22 сағат бұрын
@@ellencatalina2219 So, you applied to rent, got approved, never used the service and then got banned? That's weird. I applied for Turo back in like, 2019 but never used it until a few months ago and my account was always active.
@nixter1nixter1
@nixter1nixter1 Жыл бұрын
This explains why letting people drive your Tesla will not work out even when Tesla has full self-driving that functions without a driver in control. I do believe that the average person is honest but it's the occasional careless irresponsible renters that ruin it for everyone, Musk is dreaming when he says that his FSD cars will be worth many thousands of dollars over cost because they will be self-driving renters around while you earn big money that will pay for the car. That sounds great until you factor in human incompetence and carelessness. Some folks are just stupid and evil, you can't trust them with anything of value. It is these types that will prevent Tesla owners from renting their cars when not using them. There will be constant damage and abuse preventing you from doing so, these rented Teslas will need constant repairs and deep cleaning to fix damage from smoking, peeing animals, and vomit from trips from the local tavern. The downtime and expenses will make doing this untenable.
@urgetodrive
@urgetodrive Жыл бұрын
I did about
@Harry-Giles
@Harry-Giles Жыл бұрын
Great video and you gave it a reasonable time as a trial. Appreciate you sharing your experiences. Enjoy the channel Ryan!
@DiscsDelivered
@DiscsDelivered Жыл бұрын
Hey Ryan, thanks for being forthcoming and honest with your experience with Turo. I actually decided to do Turo because of you mentioning it on your channel. I also marked your Plaid S as a favorite. I knew something was wrong when you delisted the car(s). I was hoping to find out from you the reason why you stopped Turoing your cars. And now I know. Keep up the good work with your channel.
@dinklebamp
@dinklebamp Жыл бұрын
This is exactly how i feel about being a host for airbnb and uber, both of which I've done. Trusting with people with your own belongings is an exercise in frustration. They're almost always selfish and the pay simply has never been worth it for me.
@GreenBlueWalkthrough
@GreenBlueWalkthrough Жыл бұрын
My family trandtional rents an old house of ours... And yeah the last renter really was bad but the one before that were really good so yeah just being a land lord n general can be tough. I'm personally happy just being a content creator which has been the past 10 years great.
@zacharypiech2930
@zacharypiech2930 Жыл бұрын
Sorry you both had these frustrating experiences.
@zzanatos2001
@zzanatos2001 Жыл бұрын
I would never rent out anything that I care about at all. Even if you have dozens of great renters, all it takes is one idiot to ruin everything.
@jeffforbess6802
@jeffforbess6802 Жыл бұрын
Buy something, specifically to rent out, then use a management company.
@cazu2479
@cazu2479 Жыл бұрын
*Always selfish
@LawMom6
@LawMom6 Жыл бұрын
"I just don't want to" is an underrated statement.
@kennethmorris508
@kennethmorris508 Жыл бұрын
😂
@bytemark6508
@bytemark6508 Жыл бұрын
Reminds me that Phoebe line in Friends, when Ross asked her to help with moving furniture "I wish I could, but I don't want to!"
@yourlogicalnightmare1014
@yourlogicalnightmare1014 Жыл бұрын
A phrase women say to men millions of times in their life 😃👍
@elonmusk-bw7ql
@elonmusk-bw7ql Жыл бұрын
Hello beautiful 😍
@Carsporttt
@Carsporttt Жыл бұрын
Sounds exactly like my experience m, my brother and I have 30 cars in our Turo fleet. It’s a ton of work but it’s fun when all the cars are Rentee out. I definitely underestimated the sheer stupidity of the general public renting cars. They don’t read and complain about the things they didn’t read. Omg. 1 year in, a few hundred rentals, I’ll keep at it. Just had one car totaled but Turo did pay it off which was nice. Thought I was gonna still be on the hook for the difference
@AverageCarGuy
@AverageCarGuy Жыл бұрын
I had a nightmare experience with my very first rental. The renter drove all the way to the border of Mexico before I contacted him and stopped him from going to Mexico with my truck. He was mad that I had ruined his plans even though he had originally told me he was going to Vegas. Total bs. So my first Turo rental was my last one. I’ve been a guest many times and it has been great each time.
@keeppushin6725
@keeppushin6725 Жыл бұрын
What’s wrong with him going to Mexico? I suppose it wasn’t unlimited mileage?
@HypocritesExposd
@HypocritesExposd Жыл бұрын
@@keeppushin6725 the most glaring reason I’d imagine is they straight lied about where they were going. If they’re trying to hide their intentions behind a lie, their intentions can be safely assuming to be bad.
@AverageCarGuy
@AverageCarGuy Жыл бұрын
@@keeppushin6725 strictly against Turo rules for one. And US laws don’t apply in Mexico.
@tomvansoelen6557
@tomvansoelen6557 Жыл бұрын
U S insurance does not cover the car in Mexico
@zamardii12
@zamardii12 Жыл бұрын
I don't understand how people can feel so entitled to not respect others' cars. Really sad and pathetic.
@codlivestudios
@codlivestudios Жыл бұрын
I have 7 teslas on turo rn and it really is a full time job. I enjoy talking to people though and love tesla so it’s just a fun thing I do. I make money elsewhere passively so this keeps me busy. I’m sorry to see others having a bad experience as I always do my best to go above and beyond. I have over 300 trips and have a 5 star review. My end goal is either robo taxi or just sell them all off and buy another house. Spring and summer travel should be fun and might even add the ultra red plaid S to complete my collection as I have the 3,X,Y.
@JohnInTheVWBus
@JohnInTheVWBus Жыл бұрын
You’re looking at this very differently than all the folks saying, “I’d never ...”. Good on ya.
@mmf9765
@mmf9765 Жыл бұрын
Do you have a limiter on the car ? Are you able to see if people are/were speeding ??
@codlivestudios
@codlivestudios Жыл бұрын
@@mmf9765 No limiter and I can see if they’re speeding only if I’m actively tracking them in the tesla app. There are 3rd party apps that notify you when they speed etc but I’m not that invested in it. The cars are covered.
@kauigirl808
@kauigirl808 25 күн бұрын
7 cars of course its a full time job 😮
@Agonistes5
@Agonistes5 Жыл бұрын
Ryan, this is another A+ video, thank you. It also stressed me TF out! I had briefly thought of doing Turo as an excuse to get an X and have the costs defrayed, and boy am I glad I didn’t. I have a busy day job that doesn’t allow me to do anything else at the drop of a hat. So this video has killed that dream definitively. So helpful and informative as usual. Thank you!
@MrWolfstar8
@MrWolfstar8 Жыл бұрын
I rented a model Y from hertz and the amount of road rash that was on the right rear tire was insane. That has to be an endless hassle for anyone renting those cars.
@JeanPierreWhite
@JeanPierreWhite Жыл бұрын
Great video. Yeah I simply couldn't handle the stress of dealing with bad renters.
@Ariaga_II
@Ariaga_II Жыл бұрын
Oh man does this stuff bring me back. Was a landlord for a little bit, but never again. Other people will never have the respect or care for your stuff like you do. A long time ago I worked for a major car rental company that everyone has heard of, and your stories bring back lots of memories. The car rental business is setup in a way with a goal is to essentially break even on the rental, or operate at a small loss. How to they make their money then you ask? They don’t buy vehicles near market rate. They would buy thousands of vehicles at a time, direct from manufacturers, at steep discounts below what car dealership were buying the vehicles for. After a certain length of time they would figure out the best time to sell the vehicles and then pull the cars out of rental, typically with 30k miles. Trucks were by far and away the most profitable. It was not uncommon to sell a used truck with 25K miles added for $10K+ more that what they bought the truck new for.
@andyuk2010
@andyuk2010 Жыл бұрын
Sorry to hear this. I was one of the 44 renting your S Plaid and I just wanted to say again thank you - driving this car in Cali is still one of my most amazing experiences.
@onecreative1
@onecreative1 Жыл бұрын
Thanks for raising my blood pressure Ryan. Yeah, that business is not for me either.
@clayreacts
@clayreacts Жыл бұрын
Good video! I've got 30 cars on Turo, and some of the rentals can be a total nightmare. I'm profitable, though, and overall it's much more laid back than past businesses and careers. Biggest misconception is the passive aspect. It is far from passive. Probably worst was having to fly across the country to recover one of my cars and drive it 1,500 miles home. 10 states in 24 hours, and had to hurry because someone (me) has to keep the rest of the Turo vehicles on the road.
@MultiSmitty11
@MultiSmitty11 Жыл бұрын
Wow 30 cars! Impressive! If you don’t mind my asking, do you handle it all yourself? Do you have another job or does Turo now the main gig?
@clayreacts
@clayreacts Жыл бұрын
@@MultiSmitty11 no staff, and is main gig now :)
@MultiSmitty11
@MultiSmitty11 Жыл бұрын
@@clayreacts very nice! I have a number of Cybertrucks on pre-order so this is super interesting to me! Any pointers on good resources to learn more about how to operate efficiently or was it all trial and error?
@Natitude
@Natitude Жыл бұрын
pretty sure turo will tow the vehicle back and charge the guest. not sure why you had to do the leg work. have 12 vehicles myself
@dolphin4788
@dolphin4788 Жыл бұрын
@@Natitude were you high income before starting turo?
@SteveZ1
@SteveZ1 Жыл бұрын
1) Your honesty combined with excellent video creation skills make your channel truly EXCELLENT. . 2) It seems to be the case that once again a few bad apples spoiled things for everyone. One could argue that, on a macro scale, that is how we wound up with climate change, the national debt, and the war in Ukraine.
@ChrisCoombes
@ChrisCoombes Жыл бұрын
I wouldn't be so sure, people can rationalise literally anything, it's always someone else's fault!
@richarddeason1845
@richarddeason1845 Жыл бұрын
I am not surprise I personally would not rent my car
@Takito_Loko
@Takito_Loko Жыл бұрын
I read this comment before watching the video and I said to myself: of course he wouldn’t rent his own car. 1 minute in and I’m just extremely surprised he didn’t have a car for himself for 3 weeks because he was renting his own car
@johndoyle4723
@johndoyle4723 Жыл бұрын
Thanks, I am surprised you lasted that long. People will treat them like rentals and trash them, and hope you do not spot the damage when they return them, but on the plus side it helped with your channel and you got a few videos out of it.
@Sommers234
@Sommers234 Жыл бұрын
haha! hardly a plus
@audience2
@audience2 Жыл бұрын
I'm trying to understand why he kept it up for so long. The only thing I can come up with is that it was helping his YT channel so much that it was temporarily worth it.
@MrDavidwesty
@MrDavidwesty Жыл бұрын
If I were going to do Turo, it would be with older used cars that I would not be as worried about someone abusing. No way could I sleep with a plaid model S on its way to Vegas !!
@tonysimi5763
@tonysimi5763 Жыл бұрын
What a nightmare! I would rather work at McDonalds Lol
@madharry6792
@madharry6792 Жыл бұрын
Thank you for being honest and despite all those issues, patiently recording it for us. Some crazy renters out there. Also surprised how frequently drivers are rear ended.
@B-RaDD
@B-RaDD Жыл бұрын
If you're in USA then it's roughly 20,000 car accidents per day. 😬😬
@LPerezDancer
@LPerezDancer Жыл бұрын
Ryan, my wife and I rented our high tech RV for a year and did pretty well but as you state, it all depends on your tolerance for headaches. We eventually sold the RV outright and have not rented anything we own since.
@rkeithh5
@rkeithh5 Жыл бұрын
I own a Model 3, so I decided to rent one through Turo for the first time around Christmas - a slight splurge over a regular rental. I curbed one wheel, and the owner insisted on replacing the whole wheel, costing me about $720, rather than the $125 fix. Initial claim was for $2200, because she thought she might have to claim loss of income from not being able to rent it, plus a rental car for that time, as if a scrape on the side of one wheel somehow made the car inoperable. Ridiculous. Had other issues with the owner - she was late for pickup and lied that she was stuck in traffic. Her sentry cam showed that she left her house 20 minutes after she wrote she was stuck in traffic. And she delivered it with a 44% charge. While I was waiting for the wheel to be sorted out, the time to leave a review expired, so now it seems, I have no recourse for the insane charge, late pick up, and low state of charge at delivery. Though if someone has advice, I'd love to hear it.
@0xDankberg
@0xDankberg Жыл бұрын
That’s why you put the charge on an Amex and dispute it…
@jroc721
@jroc721 Жыл бұрын
Parallel issues with Airbnb just a different industry.
@mwh3227
@mwh3227 Жыл бұрын
The Tesla rim sticks out farther than the tire! It's way too easy to scrape the rim! But - it's usually around $200 to fix!
@PrinceKashez9
@PrinceKashez9 Жыл бұрын
It's business
@boocoky
@boocoky Жыл бұрын
That’s super sad, I just had one of my Tesla wheels curbed on a rental, and I just offered the customer to pay the $125 for the repair man to come fix it and call it square, and it won’t take more than 1 hour to fix. That’s definitely a terrible experience, shame on the host.
@baldisaerodynamic9692
@baldisaerodynamic9692 Жыл бұрын
i considered getting a couple of cheap barely qualifying cars to do turo. upon some researach, dealing with scummy people in vegas was red flags galore to start. maintainence wasnt so much an issue, as i can fix them myself. but when i would look at the prices customers pay, and so on, I just didnt see it as profitable. turo is best if you have a second car that sits a lot, its paid off, and let it make a few bucks for ya...enough to say use that older second car to make the payments on your newer car.
@TeslaCareyP
@TeslaCareyP Жыл бұрын
I have thought about it since my area doesn’t have many Teslas. But I know myself I would be constantly watching the app to see what they were doing. I am too picky about my cars plus so many bad drivers out there. Thanks for sharing your story.
@aatheus
@aatheus Жыл бұрын
Thanks for sharing your experience. I had my LEAFs on Turo to help cover the cost over overlapping leases... got the 2014 while I had a few months left on my 2012 lease, etc. Similar experience to yours... most renters were no problem, some were awesome, and you always get 1-2 that are just awful. Worst one was the renter who did a hit-and-run on someone's dog and didn't say anything. Didn't know about it until I received a police report in the mail.
@johntrotter8678
@johntrotter8678 Жыл бұрын
Nice review. Many, if not most, of the Euro disadvantages will apply to using robotaxi option on one's personal car. I remain unconvinced FSD-robotaxis will be anything other than a replacement for regular taxis/Ubers/etc. Niche market.
@Cornerback3141
@Cornerback3141 Жыл бұрын
If Tesla can get the cost of robo taxi lower than the cost of owning a car then I imagine a lot of people will switch just to save money. Some people who don't drive a lot already use taxis/ride-sharing because it's cheaper, but with robotaxis it could end up being a money saving option for a much larger percentage of people.
@nixter1nixter1
@nixter1nixter1 Жыл бұрын
​@@Cornerback3141 Yes 100%, people will rent/use them, but at what cost to the owners? We probably agree that this business model will mainly work for corporate entities, not private parties.
@willemhaifetz-chen1588
@willemhaifetz-chen1588 Жыл бұрын
@@Cornerback3141 They will do that by raising prices.
@Cornerback3141
@Cornerback3141 Жыл бұрын
Yeah a lot of robo taxis could end up being owned by Tesla or other fleet operators.
@willemhaifetz-chen1588
@willemhaifetz-chen1588 Жыл бұрын
@@Cornerback3141 Yep and I think it is already in their terms and conditions that other fleet owners like Uber cannot add them to their fleet.
@ronaldbryant6238
@ronaldbryant6238 Жыл бұрын
You can never underestimate people’s ability to screw up someone else’s property with no guilty conscious what so ever. Sorry you had such issues trying to get your business going.
@clawdroppin
@clawdroppin Жыл бұрын
its crazy how 99% of people will take good care of things they rent but all it takes is one person to set you fully back
@JasonTaylor-po5xc
@JasonTaylor-po5xc Жыл бұрын
Yeah, I considered doing the same but that was about the time Hertz made the deal to get more Teslas in the fleet and I figured it would be hard to compete with them. I actually rented a Model Y in Denver from Hertz on a Spring Break ski trip and it was only $70/day - which was about half what other AWD vehicles were going for. Also, the experience through Hertz was actually pretty nice - I'm not sure I could provide the same level of service.
@windowman9665
@windowman9665 Жыл бұрын
Anyone who thinks thjs is worth their time is insane lol. I’m sorry. Humans just can’t be trusted (most of them) especially with items that are not theirs!!! They will abuse them, as much as possible without getting caught. Unless your renting a crappy car or something worth $30,000, this is insane
@kennethmorris508
@kennethmorris508 Жыл бұрын
100% on “humans just can’t be trusted.” The second and last time I rented out my Tesla, I was very clear and VERY specific about charging the car. She said, “don’t worry. I’m staying local and I’ve rented Teslas before.” Because I believe in humanity, I trusted her. I get a call at 3am from Manitowoc County Sheriff’s Department asking me why my car is abandoned under the highway overpass. She literally abandoned the car after it died. No call. No text. I was absolutely shocked. I still rent out cars, which I guess makes me insane. But no more Tesla rentals and I’m much more suspicious of people.
@badopinion
@badopinion Жыл бұрын
I’m so anal retentive about my vehicles I could never do this regardless of profit. Hats off to you and your dad. You
@Affalterbach1967
@Affalterbach1967 Жыл бұрын
Passive income ! I want to compliment your fast but clear speaking while narrating through 100+ rental episodes.
@Powaup
@Powaup Жыл бұрын
I also rent out a Tesla Model Y and a Porsche Macan on Turo. I can definitely notice that the Macan guests treat the car with a lot more care for some reason, I would not leave the Model Y on there for too long, even though I lowered my mileage allowance. I also 1000% agree with Ryan that Turos cancellation policy is very unfair to guests, just this morning I had a guest cancel his week-long trip 30 hours in advance and I got paid out $0 even though he clogged up my cars schedule. The big problem with Turo is that overall earnings per car have steadily declined over the last year or so, so it’s harder to make a profit, and especially hard when you factor mileage depreciation
@douglaswatt1582
@douglaswatt1582 Жыл бұрын
We have been renting vacation properties for 15 years, and our experience with rental properties mirrors Ryan's with Turo. There's a whole lot of entitlement out there and a whole lot of very character disordered people who think that the world revolves around them. I have toyed with the idea of getting a long-range Model 3 and putting it on turo, but the grief in dealing with the even occasional severely character disordered individual is not worth it. It's a shame.
@markfetters3571
@markfetters3571 Жыл бұрын
Ryan, thanks for sharing your experience. This is what makes youtube such a valuable resource. I have been a landlord in the past and have had tenants turn off the heat while on vacation in winter only to have my water pipes freeze and cause tens of thousands of dollars in damage. I will never again do that.
@lifehackresale9711
@lifehackresale9711 Жыл бұрын
Someday having my Tesla used as a self-driving short trip taxi to recoup the cost of the car might be something I'd consider but I'd never let a stranger drive my Tesla like a rental. Too many people use and abuse rental cars.
@jackgreenstalk777
@jackgreenstalk777 Жыл бұрын
I love my cars too much to rent it, and dont have time for this kind of business. Glad there are more reasons then I even anticipated to avoid it. Sorry you had to go thru all of this
@ronaldcampbell17
@ronaldcampbell17 Жыл бұрын
Great video! We’ve rented a 3 and Y through Hertz and it’s hard to beat. The cost was exceptional, all things considered. Hard to rent on Turo when a 3 is dirt cheap and pick up/return is at the airport.
@pmenadue
@pmenadue Жыл бұрын
Especially when you discover the "Rental Fee" on top of the advertised price (its not shown until you try to book it) - it just made it more expensive than the mainline rental agencies.
@ChainringTours
@ChainringTours Жыл бұрын
@@pmenadue Turo and AirBnB were good values back in the day, but as soon as the VC money stopped the cheap rates they became worse options. I have run a guest house for 15 years now (direct bookings) and I'm annoyed as hell about the cleaning fees most places charge. By the time I add on the cost of cleaning fees and other stuff I'm usually way past the cost of just booking a nice hotel. Last trip we did that with 5 of us (two rooms). It's only useful for whole house bookings when you want to be on a beach or certain location with a kitchen to use. I think my last AirBnB was 2015 for a week when a hotel would have been marginally more but the location was close enough for me.
@stopthefomo
@stopthefomo Жыл бұрын
it's shocking Turo continues to be successful - all it takes is 10% of your renters being jerks to destroy its attractiveness as a business.
@jimkelley8658
@jimkelley8658 Жыл бұрын
Someone I know rented their vehicle on Turo. People stole it and drove it across the country. It was a major pain getting it back and Turo was not helpful to them either.
@Kabab
@Kabab Жыл бұрын
Unfortunately a lot of side businesses end up going this way where you learn a lot but then realize it's not worth the effort. I have done it at least three times so far.
@AaronMcFarland
@AaronMcFarland Жыл бұрын
Yeah, this video definitely swayed me from ever putting a vehicle on Turo. Sounds like more of a nightmare than I am sure anyone needs.
@minimalivingod5717
@minimalivingod5717 Жыл бұрын
145mph is crazy! That would've pissed me off immensely
@cazu2479
@cazu2479 Жыл бұрын
Imagine going 145 mph
@JRskatrPvP
@JRskatrPvP Жыл бұрын
Man some people truly are pathetic. I think they’re just jealous that you can afford a Tesla and they can’t.
@HanioZuniga
@HanioZuniga Жыл бұрын
Thank you for your review. I was considering renting my 2023 model y on days I won't use it but it seems like a hassle dealing with people and the limited time required to have the vehicle rental ready; especially if you want to make money
@33kmm33
@33kmm33 Жыл бұрын
Thanks for sharing your experience! It doesn’t seem worth it for anyone. Plus, Hertz and other car rentals are buying up Teslas, so pretty soon it won’t be a unique enough experience to attract renters away from the traditional guys.
@JeepdudeFL
@JeepdudeFL Жыл бұрын
I don't see this business ending well for many hosts who have large fleets. They are going to either be upside down $5-15K per car (hard to sell and replace) OR they are going to have large repair bills to keep the vehicles going in working condition. You may think you made $100K/yr., but then lose a large CHUNK of it on the back end or business exit.
@DIYDaveT
@DIYDaveT Жыл бұрын
If you cannot afford to own your vehicle without subletting it out to strangers then you have overpaid for a car you cannot intrinsically afford.
@_PatrickO
@_PatrickO Жыл бұрын
That lectron adapter is only up to 150kw. The official tesla adapter is 250kw. It feels silly to advertise an inferior product that costs more than the official tesla adapter.
@JTHH_YouTube
@JTHH_YouTube Жыл бұрын
You want damaged property, guaranteed? Rent or loan to the general public; note, we’re talking about a ‘general public’ comprised of the least intelligent generations in world history.
@gm3353
@gm3353 Жыл бұрын
Turo is the VRBO/AIRBNB of cars, and feels like a similar ownership/host experience. people can be real shitheads at times.
@TheLifetraveler1
@TheLifetraveler1 Жыл бұрын
I just rented a Tesla model 3 from Hertz. They guarantee your vehicle. I would prefer that than renting from some individual.
@lc1565
@lc1565 Жыл бұрын
Imagine renting out something and then charging for normal wear and tear on the car. The hustle grind quest to turn every normal human activity into an avenue for rent seeking ('passive income') that turns everyone into a middle man is a cancer on the real, productive economy.
@steveswm7742
@steveswm7742 Жыл бұрын
I would say, he[[ no. I can't even stand letting my girlfriend drive my car. My car is only driven by me.
@tedsimeonov9696
@tedsimeonov9696 Жыл бұрын
Basically, the lesson is the same as with house rentals: Unless you can fix your rentals yourself, you should not get into the business. Otherwise, it is not worth it.
@homomorphic
@homomorphic Жыл бұрын
I wouldn't considet buying a brand new tesla, let alone an ex turo tesla. Heck, I wouldn't even take an ex turo tesla for free.
@namenotshown9277
@namenotshown9277 Жыл бұрын
sounds like a nightmare good decision, the reality of a musk driven future is full of drama, I worry for the younger generation
@joequinal
@joequinal Жыл бұрын
What a drag!! 80/20 rule. 80% will take good care of the car and 20% not so much. Sad you had to go thru all that… sheesh!
@xyzzy4567
@xyzzy4567 Жыл бұрын
Typical. It’s a great idea as a service, but a few assholes ruin things for everyone.
@joshuajean4683
@joshuajean4683 Жыл бұрын
Turo works if you buy affordable car cash that has cheap repairs. Otherwise I would avoid.
@ericdahl2915
@ericdahl2915 Жыл бұрын
Stick to You Tube and playing the drums, bruh. It's more fun!
@stockey
@stockey Жыл бұрын
I don't need to try a Tesla, to not buy one, 11K for a dent on the bumper lol, what a bunch of thieves.
@101realtor
@101realtor Жыл бұрын
Plaid for $164 per day? Seems way under priced especially when you factor in people wanting this to probably driver harder than a normal S
@aquabliss9194
@aquabliss9194 Жыл бұрын
Ya I would have guessed around $275 per day.
@itypethetruthnobshere8975
@itypethetruthnobshere8975 Жыл бұрын
Renters all gonna DOG it out!
@The_HouStoner
@The_HouStoner Жыл бұрын
3:03 $23,000 for that repair?! wow. That's insane.
@samkeino6810
@samkeino6810 Жыл бұрын
Ryan, I want the hoodie you are wearing, note the one in your store. How do I get it?
@jmattos
@jmattos Жыл бұрын
Also, your dad sounds awesome!
@RyanShawtech
@RyanShawtech Жыл бұрын
He is!
@kACT-c5x
@kACT-c5x Жыл бұрын
Tried Turo once a few years back renting a Lexus IS 350 and actually had a pretty decent time but honestly after hearing all the horror stories from both renters and rentee's I decided against it. Seems like a crappier version of AirBNB i mean its great if you want to rent a car that perhaps you wouldn't be able to afford or make some side cash but i mean the hassle just doesn't seem worth it.
@mikesmith1702
@mikesmith1702 Жыл бұрын
The Plaid alone will suffer a $20-$30K price value loss
@ForTheChristians
@ForTheChristians Жыл бұрын
Sounds like a good call! I got stressed out just watching this video. 😅
@Will-qj1oo
@Will-qj1oo Жыл бұрын
Thank you so much for sharing your experience with Turo.
@user-pq4by2rq9y
@user-pq4by2rq9y Жыл бұрын
Honestly, the only renting business I would be willing to take is e-bikes.
@kxkxkxkx
@kxkxkxkx Жыл бұрын
Your whole "rental business" was based on insurance fraud😂
@PIPERBOYWILLIAMS
@PIPERBOYWILLIAMS Жыл бұрын
This is a nightmare. I don’t know why anyone would allow strangers to mess their cars up
@paultohh
@paultohh Жыл бұрын
Turo is turrible don’t rent your car on that platform. Is not worth it
@redkatana7450
@redkatana7450 Жыл бұрын
People just simply don't care about other people's property, that's just the truth.
@Turbo6019
@Turbo6019 Жыл бұрын
I’m a car guy and it pains me a lot seeing his others treat cars in general, as all car guys will tell you “ you can borrow the wife but you cannot borrow the car!!”
@Eagles_Eye
@Eagles_Eye Жыл бұрын
“ thanks for everyone who rented from me,… except a few”
@360compass
@360compass Жыл бұрын
I thought you were more than balanced with your Turo review, Ryan. You obviously went the extra mile (sorry about the pun) to maintain your fleet and provide excellent customer service. Unfortunately, I agree with many of the posts here: some renters (hopefully a very small number) don't care about returning anything they rent -- cars, tools, you name it -- in decent or original condition. And not surprisingly, nagging, complaining and lying are their MOs.
@MuzixMaker
@MuzixMaker Жыл бұрын
The risk/reward balance for this scheme are really whack.
@nealpitts9147
@nealpitts9147 Жыл бұрын
Now you know you don’t want to manage a RoboTaxi fleet either 😄
@Leuel48Fan
@Leuel48Fan Жыл бұрын
Neat perspective from a renter's POV. I agree with most everything you said regarding the negative experiences except limiting the renter that went 145mph on a highway - presumably with little to no traffic. Now if any damage was caused (and if any was at that speed it will clearly be a total scenario, then use telemetry to prove the renter at fault), but outside of that it's between the renter and law enforcement regarding tickets / legal fees if they encounter that. My point is you'll get a ton of damage, bumps/scrapes/curb rash from inattentive drivers going over bumps and pot holes much more compared to the joy ride guy doing high speeds in a relatively controlled manner who has his own self preservation at stake too. The car wont fall apart simply because it's going 90% of its top speed. Anyways great video, and yes certainly not as "passive" of an income as some make it out to be.
@TheMrmoc7
@TheMrmoc7 Жыл бұрын
I'm a red-blooded American. The idea of letting someone else drive my car is completely unconscionable. Even my wife is not allowed to drive the Tesla, let a lone a stranger.
@MarioSantana1335
@MarioSantana1335 Ай бұрын
If you are going to use Turo as a business, do not use cars that have sentimental value. Buy cars that are only for exclusive use by Turo.😏
@eyesuckle
@eyesuckle Жыл бұрын
It seems to me that you could make Turo a lot more profitable if you didn't rent out cosmetically perfect cars. Just let the curb rash, chips and the small body dings accumulate for a couple of years. As a renter, I would want to rent a Tesla to see what the driving experience was like, and wouldn't care what the car looked like (at least on the outside), especially if I could rent it for, say, 20% less than most others were asking. Anyway, that's just me. Maybe most people aren't interested in renting a car that looks a bit beat up.
@Sommers234
@Sommers234 Жыл бұрын
good point
@thewise0ldman
@thewise0ldman Жыл бұрын
I haven't watched your videos in a while, i remember when you made videos talking about trading in your Honda Fit and ordering the Model Y and showing the whole experience. You made me excited too, Now here you are retiring your Turo fleet. Amazing to see how far you've come.
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