Update On Vehicle That Got Stolen From Turo Renter!! (Must Watch)

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[@cueburner]

I'm so glad you got the outcome you wanted and deserved. Always look for the W in all trials and tribulations. Hope for the best, but be prepared for the worst. You did your homework when you bought that vehicle in '21 buying it below retail, now your due diligence has paid off. Your videos are helping many of us. Keep up the great work. 👍🏾

[@TonyLuxuryCars]

Thank you so much!

[@sxlvris]

Best possible outcome. I know getting a car stolen or damaged is extremely frustrating but luckily you didn’t overpay for your car and it held its value pretty well

[@TonyLuxuryCars]

Right! Exactly! Best possible outcome! Thank you!

[@dcomputers]

Some people had there chargers stolen back in the 70,s and pops up after 40 years later in a barn with new owner. I guess back than cops didnt do much

[@cincinnatiohio5345]

Amen Blessing..... Glad you got a breakthrough! You needed that Amen Thanks for sharing.... God is Good

[@TonyLuxuryCars]

Right! Yes I did! Thank you!

[@nowweride3094]

Tony it finally worked out in your favor... Question, have you thought about getting a used car dealer license? This way you can buy cars at auction..

[@TonyLuxuryCars]

Thanks! Yes I thought about it! But I don't know if I feel comfortable buying cars at auction!

[@user-nm9nq1gs1u]

Great result. Happy for you bro 👊🏾

[@TonyLuxuryCars]

Thank you!

[@jbzzey]

Glad everything worked out for you Tony.

[@TonyLuxuryCars]

Thank you!

[@kevindevine8960]

Glad you got one going your way! You’ve have some bad luck with renters lately. It’s good to see you can pay the car off and put some cash in your pocket. Congrats!

[@TonyLuxuryCars]

Right! Thank you so much!

[@skynethell]

More power to you bro!

[@TonyLuxuryCars]

Thank you!

[@xavlee4680]

Love these videos man. I just had to deal with a claim for broken glovebox. Might lose it because i didn't have a picture of the glovebox being open. I would reccommend that everyone just record a video prior to giving it to the renter of your doors, trunk, glovebox, hood opening and closing. They will ask and these types of things can't really be proven with photos alone.

[@TonyLuxuryCars]

Thank you! Yes you are exactly right!

[@ma1ek76]

Good to hear boss

[@TonyLuxuryCars]

Thank you!

[@srtbigape5000]

I’ll definitely get a small gas saving sedan like a dodge dart or something I’ll slowly start moving away from so many hemis in the fleet because there high liability these days people get these cars and set up thefts and play innocent

[@TonyLuxuryCars]

Yes I agree, but I'm not getting any small gas saving sedans, going forward I'm getting Suvs, trucks and vans!

[@LSp8]

I thought about putting mine on Turo but the likelihood of some idiot destroying my shit makes me extremely hesitant or the fact they can play innocent and claim it got stolen just doesn’t sit well with me. I’m gonna get a car that I give zero fucks about but will still make money, maybe a Tesla

[@codyg1139]

like the videos and the knowledge you share

[@TonyLuxuryCars]

Thank you!

[@TJEpicMedia]

👍Congrats!

[@TonyLuxuryCars]

Thank you!

[@VegaGT500]

So after all this, are there any consequences that the guest has to deal with? I've had this happen before where they totaled an Audi, but didn't know if they come after the guest for any amount. I guess it would also depend on the coverage they chose when renting the car.

[@marquis-_5501]

That’s great news

[@TonyLuxuryCars]

Yes it is! Thank you!

[@khalifgreen581]

Good news!

[@TonyLuxuryCars]

Thank you!

[@the1sthershey693]

thats what's up

[@TonyLuxuryCars]

Thanks!

[@Kalaniwilliams66]

Congrats on the outcome. But I'm curious about why you haven't paid down much more on your loan in 3 years?

[@MadrigalMotors]

He’s pocketing the cash

[@TonyLuxuryCars]

Thanks! But what do you mean?

[@TonyLuxuryCars]

Correct!

[@Kalaniwilliams66]

@@TonyLuxuryCars It just seems like you'd have more equity in 3 years. If your interest rate is low, I know it's not as important to pay it off really quick, but I'd have guessed it would be at least halfway paid off, if not more.

[@vigilde001]

My car was stolen i paid 41,000 for it. I dont think they're gonna find it... I'm worried the cash value of my vehicle is only 30,000. What happens then?

[@chapo3nt689]

Do you count the gas and maintenance and expenses with you fixing it during that down time?

[@TonyLuxuryCars]

No I don't, gas I don't have to worry about because every customer brings the gas back on full, if not I can charge them for it and get reimbursed!

[@Chikanini]

Also make sure you have good friends that will slide for you when you wanna let that car disappear and keep the truth going. I ask again, you supposedly asked the renter if they disabled the GPS unit and she said no. Yet sent a picture of her holding it. 🤔 think you might of wanted that vehicle gone

[@Sir_Emo]

Are there any requirements when doing toro for you your personal insurance company and your gap insurance coverage?

[@TonyLuxuryCars]

No!

[@TRLYBLSSD]

I have another question where do u store the registration info in case a renter gets pulled over or gets in an accident what are they supposed to say or do when a officer ask them for it?

[@TonyLuxuryCars]

I store everything in the glove department of all my vehicles!

[@TRLYBLSSD]

@@TonyLuxuryCars thanks

[@TonyLuxuryCars]

@@TRLYBLSSD No problem!

[@LSp8]

If I do this I’m making a copy of my documents with my personal address blacked out. The cop wouldn’t need my address anyway since they’ll just use the license from the renter and they can use their address while they’re at it. If they really need it they can always pull it from NCIC when they run everything. I don’t even leave my registration in any of my cars so no asshole that sees it on the street & decides they wanna break into it won’t have full access to my home address

[@TRLYBLSSD]

Question while the vehicle was stolen did u continue to make payments for the insurance and finance company? How does this process work?

[@patrickcooper2760]

I had a 2020 Charger Hellcat stolen and you have to continue to make all payments until the insurance settlement.

[@cliffwilson4057]

You won this time.😊

[@TonyLuxuryCars]

Yes I did! Thanks!

[@kingweeez6821]

Commercial insurance or personal you use ? Approx how many cars on that policy?

[@TonyLuxuryCars]

I have personal insurance!

[@Dizzymarvel]

How would you have reacted if Turo didn’t pay off your stolen car

[@TonyLuxuryCars]

I'm really not sure!

[@dannyr.7566]

do you deliver cars to customers or only offer pick up only?

[@TonyLuxuryCars]

Yes I do, I offer both!

[@resdawgs]

All the headaches aint worth it for sure

[@TonyLuxuryCars]

Yes I agree!

[@Camtheceo365]

🤩🤩🤩

[@TonyLuxuryCars]

Thanks bro!

[@tylerchristofferson1746]

how long did it take for turo to send the check?

[@TonyLuxuryCars]

Not long at all!

[@TylerChristofferson-zy9dh]

@@TonyLuxuryCars​​⁠awesome. I’m getting in the game. Phx market starting with a hellcat(selfishly because I want to supplement the payment and get to enjoy the car myself) also, I know it’s only a matter of time before the car is stolen and that’s alright as long as I get a good price initially! Thank you for the reply!

[@kakrot9516]

Do you think warranty covers a damaged engine caused by turo guests!?

[@TonyLuxuryCars]

No I don't think so, but you can do a claim on Turo and they will cover it!

[@tcs234567]

Oh wow, so you are done with sports cars? No more? Only economy vans and SUVs?

[@TonyLuxuryCars]

That's correct, only SUVs, trucks, and vans going forward!

[@McIntoshLuxuryGetaway]

Don’t forget to cancel Gap

[@marier1127]

Exactly or you will loose out and they will keep it.

[@TonyLuxuryCars]

Thanks but I didn't have gap!

[@TonyLuxuryCars]

Thanks but I didn't have gap!

[@McIntoshLuxuryGetaway]

Lets do a video together @@TonyLuxuryCars

[@TonyLuxuryCars]

@@McIntoshLuxuryGetaway okay let's do it!

[@panamazus]

Can’t believe no one has picked up on your incorrect calculations! How do you call 6k left over from a settlement check profit? You bought a car for 30k and paid 7k towards it, leaving you a balance of 23k Your settlement check was 29k enough to pay off the car and then leave you with 6k left over . That 6k is NOT PROFIT. Basically you got returned the payments that you already paid towards the car. So you lost 1k on the purchase , or if we want to cut you some slack you broke even on the purchase🙄. People might need to be more cautious on listening to people who are this far off on their thought process but then call themselves a “CEO and FOUNDER” Also you only paid down 7k in 3 years? What kinda good deal is that? Did you finance for 96 months?? 😅

[@TonyLuxuryCars]

You don't know what your talking about, I never said that I bought the car for $30K, I said the settlement check is $30K and I still owe $23K on the vehicle, so when the car is paid off I'm going to walk around with around $6-7K! That's not including all the money I made on the vehicle since I had it!

[@panamazus]

@@TonyLuxuryCars LmAo watch your own video 🙄

[@JB-Baby]

@@TonyLuxuryCars you didn't factor in your downpayment on the car, payments made on loan, vehicle maintenance (tires, brakes, oil changes, etc), insurance, tolls, hail damage repair deductible, storage fees (monthly cost for that building you keep it in) and any other business expenses, lots to deduct from your profit to actually see the NET profit. Just sayin.

[@mackeejack6731]

30k settlement, 2500 deductible, and taxes and this mfer says 29k settlement lol. Okay bro

[@TonyLuxuryCars]

That's correct! Did you not watch the video and do the math?

[@user-yl9ew1os9m]

Recommend not referring to yourself as CEO and Founder. It adds nothing. Leveraging positional power to establish credibility is weak. Just talk to the audience and be authentic.

[@bryshonthomas2019]

Did he strike a nerve

[@user-yl9ew1os9m]

@@bryshonthomas2019 Criticism should not be viewed as negative. Feedback is a gift. 🤠

[@panamazus]

I agree with this! And was also about to comment on his incorrect math and counting the leftover 6k as profit when it’s not lol. Definitely not a credible “founder and CEO”