Turo is a peer-to-peer car sharing company.
Formerly known as RelayRides, Turo allows car owners to make extra cash by renting out their vehicles, while providing a convenient and quick way to rent a car to those in need of transportation.
- 1 Do I need to buy insurance for Turo?
- 2 Is Turo better than car rental?
- 3 How much does it cost to rent a car on Turo?
- 4 Is it worth renting your car on Turo?
- 5 Is Turo cheaper than renting?
- 6 Does Turo have hidden fees?
- 7 What insurance do you need for Turo?
- 8 Does my personal insurance cover Turo?
- 9 What is the best car for Turo?
- 10 Can you use Turo for road trips?
- 11 Is Zipcar cheaper than renting?
- 12 How much is a car rental per day?
- 13 How much is the security deposit for Turo?
- 14 Who owns Turo car rental?
Do I need to buy insurance for Turo?
Turo does not require you to have your own personal insurance coverage in order to book a car on our platform. Turo offers one plan with primary physical damage protection, so you have no out-of-pocket exposure.
Is Turo better than car rental?
It’s widely available and cheaper than most rental services. Turo (formerly RelayRides) bills themselves as the Airbnb for cars is a service that allows you to rent out your car for cash! That’s right, when you’re not using your vehicle, you can rent it out to other Turo members.
How much does it cost to rent a car on Turo?
Pricing is set by car owners and dependent on the car you want to rent. For a truly premium ride like a Lamborghini, it may be a few hundred dollars per day to rent, but for more economical drives, you might find something nice for $25 a day or less.
Is it worth renting your car on Turo?
If you are renting out the same car you use to get around, DON’T RENT OUT ON TURO. It just isn’t worth it. Pricing is something that you can fumble around with whenever and it varies drastically by car. As you can see, it is possible to make anywhere from $1,000-1,500 per month in profit off of one BMW.
Is Turo cheaper than renting?
Is Turo Cheaper Than Standard Rental Companies? If you’re an avid traveler, getting a good deal on a rental car is huge, especially for long trips. Fortunately, when you rent through Turo, cars are cheap, there are usually discounts for renting for long periods of time, and you almost always get a nice car!
These costs are not charged through Turo. The vehicle listing should indicate if the host is charging for their own protection plan separately or if the cost is included in the Trip Price. Young Driver Fee: We charge guests between the ages of 21-24 the greater of 30% of the trip price or up to $15 per day.
What insurance do you need for Turo?
Turo offers three packages of insurance coverage for drivers: Minimum, Standard and Premier. Minimum coverage includes the state minimum for liability coverage in the state you’re renting and a $3,000 deductible should the car be damaged or stolen.
Does my personal insurance cover Turo?
Personal auto insurance companies will charge people a deductible per event. Turo encourages people who select “Decline Coverage” to check with their insurance and credit card companies before assuming that they are covered, as it is “highly unlikely” that they would be covered when renting through Turo.
What is the best car for Turo?
Among all trucks and SUVs, two Jeeps claim the top spots. The Jeep Wrangler and the Jeep Cherokee both have relatively low cost of ownership and have long been two of the most popular vehicles on Turo.
Can you use Turo for road trips?
*Only Turo Approved Drivers can book and drive a car during a Turo trip. To be an “Approved Driver” means that the guest has provided and updated all required documentation, continues to meet all Turo eligibility requirements, and that the guest is currently in good standing.
Is Zipcar cheaper than renting?
Careful—Zipcar caps mileage, and the fees are a hefty 55 cents per mile if you go over. Zipcar’s model really works best for short trips of an hour or two—where it doesn’t make sense to pay $35 or so for a car just to run errands.
How much is a car rental per day?
Type of vehicle: Economy and compact vehicles were similar in price. A Toyota RAV4 cost $55 per day, without taxes, while an Infiniti/Cadillac Crossover cost $149. Age: Drivers younger than 25 can pay up to $25 more. Type of vehicle: A full-size rental cost about $20 more, while a standard SUV cost $97.23 for two days.
How much is the security deposit for Turo?
US guests chosen by our security system pay a deposit of up to $250. Once the system charges you a security deposit, it’ll charge you a deposit on all future trips. The Turo system processes the deposit as a separate transaction.
Who owns Turo car rental?
Turo, formerly RelayRides, is an American peer-to-peer carsharing company. The company allows private car owners to rent out their vehicles via an online and mobile interface. In 2017, according to Turo, four million users had registered to use the service and 170,000 privately owned cars were available for rental.
Photo in the article by “Wikimedia Commons”