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Renting your car out is an excellent way to make money, but you must be careful. The same goes with booking a vehicle. You must take into consideration the risks and benefits, especially when using a car-sharing marketplace like Turo. To answer your questions concerning Turo and if it is legit, we have created this rundown for you.
In This Post:
What is Turo?
Turo.com is an American company that offers peer-to-peer car-sharing services, allowing people to rent out and book cars for a while. InterActivecorp, an American holding company, owns Turo and various other brands.
The initial name of the brand was RelayRides, and it maintained this name from 2010 to 2015. Therefore, it was founded in June 2010 in Boston, Massachusetts, U.S.
Its headquarters is in San Francisco, California, U.S.A. Turo offers over 1,300 vehicle models for people to rent and they operate in over 7,500 cities across the U.S, Canada, and the U.K.
Benefits of Turo
Skip the rental car counter and book anything from daily drivers to pickup trucks, from trusted, local hosts on the world's largest car sharing marketplace. Find the perfect car to complement your vacation vibe with Turo as renter and get 24/7 support & roadside assistance.
How Does It Work?
The car booking process is straightforward. First, enter the location you want to go to and the date you plan on going there and browse the cars shared by local hosts. The next step is to book through the Turo app or online. You will need to choose a protection plan and contact the host. You can pick the car up from the host or have the vehicle delivered. Think of it as the Airbnb of car rental!
On the flip side, you can share your car when you are not using it. You can earn an average of a few hundred dollars per month on Turo doing this. You simply need to sign up with them and do a few things.
Firstly, you list your car for free. Then, set your price and your rules. Turo can adjust your price to maximize your earnings if you want. Lastly, when a guest books your car, you need to confirm where and how to give them the car keys, then check them in using the app.
Is Turo Legit?
Yes, Turo is legit. Turo screens guests before they make any bookings. This way, you can be sure your car is not in danger. Also, you can see your guests’ reviews before hosting them. Turo also ensures you choose a protection plan provided by their insurance partner.
Turo has been in existence for 12 years, and numerous people have used them. Reviews usually commend the variety of vehicles available, the insurance coverage, and the simple sharing process.
When a host cancels a trip less than two hours before the start, there is a $50 fee, but if they cancel more than 24 hours before the trip, there is a $25 fee. The guest gets a full refund in both cases. It is crucial to go through Turo’s cancellation policy before you use them.
When you rent your car out and use the Turo protection plan, you get 75% of your trip price. Whereas if you have commercial rental insurance and use the Waive vehicle protection, you get 80% of the trip price. Turo provides 24/7 customer support which helps if you have any problems.
Turo is a company that has existed for a long time, and they have a loyal customer base. They are trustworthy and legitimate. If you want to make some money on the side when you are not using your car, consider renting it out with Turo.