Make or Save Money with Turo

Disruptive Technology. The Sharing Economy.  Collaborative Consumption. The buzzwords are ever present.  Zipcar. Uber. Lyft. Airbnb. We Work. Rent the Runway. Crowdfunding. Peer to Peer Lending.  The list of companies and individuals prospering from this economic trend is seemingly endless.  Now, with Mr. Thrifty’s help, you, too, can participate in the shared economy with Turo and make money . Or save money. Or both. Your choice. Mr. Thrifty provides an example of how you can use Turo to make or save money, perhaps a lot of money, with minimal effort.

Introducing Turo, the World’s Largest Car Sharing Marketplace

We have previously discussed the folly of car ownership.  But what if you are one of the many people who owns a car? We hope you chose a Tesla Model 3.

Let Your Car Pay for Itself.

Thanks to Turo your car can now pay for itself.  According to Turo, on average, Turo Hosts can cover their payments by sharing their cars just nine days per month. Use Turo’s proprietary Carculator to figure out how much you can make.  

Save Money on Car Rentals.

If you are a renter, not an owner, congratulations ! Be Turo’s Guest. Turo can help you save even more money by providing yet another alternative to the major car rental companies.

Rent a Porsche !

Turo is also enhancing the Guest experience by adding access to high end luxury cars through its Porsche Host Program (try renting a Porsche at Avis !), and undoubtedly has more enhancements planned.

The Turo Experience – Key Details

Listing Fees:  Zero. Zip. Nada. No Monthly Fees, No Buy-In.

Pricing:  You’re in control. Turo can dynamically set your car’s price using its data sets to maximize your income and boost your listing’s competitiveness or you can set your own price.

Payment:  Sit back and let the cash roll in.  Turo will pay you via direct deposit in 5 days.  You earn 65% to 90% of the trip price, depending on the vehicle protection package you choose and whether you have your own commercial rental insurance.

Insurance: Turo has you covered – up to $1 million in liability insurance and your car is contractually protected against theft and physical damage.

Renter: Turo screens your renter.

Support: Turo is available to provide support 24/7.

An Actual Turo Host Experience

Sounds too good to be true ? It isn’t ! Mr. Thrifty’s friend recently signed up to be a Turo Host and, while he was on vacation for a month, grossed $1,200 as a Turo Host for a car that was costing him $400 per month — almost enough to pay for his vacation !

Not all experiences are the same, but this example illustrates the money-making potential of being a Turo Host.

Interested in Trying Turo ?

Try Turo as a Host or Guest and, if you do, please report back to Mr. Thrifty.  And remember, next time someone you know sees a stranger driving your car on the street, they may be right ! And you may be making money.

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Interested in learning about how you can profit from the sharing economy ? Check our website regularly as we are always trying to identify and share ways you can make or save money, while living well – and disruptive companies like Turo often provide opportunities. Better yet – sign up for our newsletter and have the ideas delivered right to you.