Company Name: Turo
Founded: In San Francisco in 2009
Available only in the United States, (except for the state of New York) and Canada
*** If you live outside of the U.S. and Canada, as I just stated above at this time you simply cannot join Turo as an opportunity to make money for yourself online.
Don’t go away just yet however because as an alternative option if you have a desire to earn income online I also present a program called Wealthy Affiliate. This company has members who live all across the world!***
Use Turo To Make Money! Rent/list your car out for others to drive!
Previously on this website, I have offered my thought on the hospitality/car chauffeur site Uber which has achieved widespread popularity here in the United States.
I found another site that is a bit different than Uber. The site is called Turo. One aspect of Turo makes it appear that it is very similar to Hertz, Avis, Enterprise, and other car rental agencies. If you’re a business traveler in a city for an important meeting you can rent a car through Turo.
However, this is just one part of this company which I will not focus on in this review. Mr. Steve Salesman renting a car for his business trip to Los Angeles would have nothing to do with earning income in a business setting.
More importantly regarding the opportunity to earn money as a business, Turo also presents the opportunity for car owners to rent their personal vehicles out to others. That’s right you could allow a complete stranger to drive your car yet legitimately still get paid for it!
With Turo, you can list your car as being available for rent by people in need of transportation. Unlike Uber, you would not be operating the vehicle and in a sense chauffeuring people around town as a mean of earning income for yourself.
Instead, you would just hand the keys to your car over to a complete stranger. I will add in right now that the company always performs a comprehensive background check on all people seeking to “borrow” or rent private vehicles.
People with serious criminal backgrounds and more importantly bad driving records are automatically weeded out from ever participating in this program.
So, that should put your mind somewhat at ease in case you’re already asking yourself if this opportunity is on the up and up.
Still is Turo a scam?
Let me present everything about this company – how it is run, where it is located in various cities in North America, the amount of money a car owner could make renting/listing the car out for others to drive, and most importantly would it be safe regarding insurance, liability protection against theft, accidents and injuries by other parties.
***Also at this time in case already you might be against the idea of letting some complete stranger drive your car, as an alternative I will also mention my top recommendation for learning how make money online for yourself through a company that I already mentioned above called Wealthy Affiliate. ***
Use Turo to Make Money! How this whole system works:
So you want to earn extra income for yourself somewhat as a business. You have a great running and fairly new car. By the way sorry but that 1961 Chevy Corvair that has been sitting in your garage for decades, which you believe, (but aren’t positive) still runs would probably not be eligible for this program.
Although in the vid below, I did spot a vintage late 60’s Mustang which looked to be in mint condition with its keys about to be handed over by the owner to a complete stranger. Hmm, just me but if I were the owner of that kind of classic car, I’m not sure I would do that.
Here is a promotional YT vid about this program at Turo:
If you go to this page here at Turo you would be presented the opportunity to sign up, listing your car as being available to be rented out. When giving details about your car on the form you would be required to list your home location, plus the year, make and model of your vehicle. You would also have to put in the odometer reading stating how many miles are on your vehicle.
Turo personnel would also come by and inspect your car to make sure indeed that it is in safe running condition, passes state emissions tests, and if found to be in need of major repairs would be rejected.
There would be 3 options available for the person renting a car:
1). The car owner would leave his/her vehicle at a designated Turo business location near his/her town and within a certain radius.
2). The car owner leaves his/her vehicle at an airport location which has a Turo rental business.
3). The traveler simply picks up the car at the owner’s exact home location.
Arrangements, of course, would have been made ahead of time as to how long the person could rent out the car.
There also is a checklist that has to do with the manner in which a vehicle would be returned to the owner. It is similar to the form used by car rental agencies regarding the overall inspection both before and after a car has been rented.
Therefore it would be impossible to hide that little “ding” on that 2015 Lexus SUV that magically appeared when the person renting the car was delivering it back to the owner. The person renting the car, therefore, would be liable for any monetary repairs needed to fix bodywork damaged all because of his/her negligence.
The person renting a car had better not return it with the gas gauge needle on “E” – empty!
Turo also has the policy where the car renter out of respect for the owner would have to return the vehicle with the exact amount of gas present when he/she first set out on the trip. If the gas gauge was completely on “Full” as they took possession of the car it would have to be returned with that amount of gas in the tank – or else give the owner the cash equivalent to fill up the tank.
Turo also offers 24/7 roadside assistance should the renter have a flat tire or engine failure miles away from home.
What about cigarette/cigar smokers who seek to rent out your car! Would you have a say in that?
I personally had one issue about allowing a stranger to borrow a car. It goes like this: Personally, I have never been a smoker at any point in my life, detest the habit, can’t be around people who smoke and actually am allergic to tobacco.
Okay so in a scenario I am allowing my personal car to be rented out by someone who I obviously don’t know. The person is a pack-per-day cigarette smoker, never getting the message first posted almost 50 years ago by the American Medical Association that cigarette/cigar/pipe smoking negatively affects one’s overall health. And through the decades of his/her smoking, the filthy habit probably will prematurely kill him or her in a not so pleasant death.
Do I have the right to absolutely forbid this person from ever smoking in my car, leaving behind the smell of nauseating cigarette fumes inside the vehicle when he/she returns it? Plus ashes that did not get into the ash tray but instead got all over the floorboard and carpeting?
I will answer that question below!
As stated on the website you would want “peace of mind” whenever someone has borrowed your car and might be hundreds of miles away on a trip. What if that person gets into an accident and it is his/her fault? But because it’s your car. . .
Or what if it gets stolen all because the person renting it was somewhat dense leaving the keys in the ignition with the engine running, stating afterward that he/she “only ran into that convenience store for a few minutes”?
With Turo, your car would be protected against physical damage – up to its cash value for collision and “comprehensive” causes including theft.
You personally would be covered by one million dollars in liability insurance should the person renting out your vehicle get into an accident that was proven to be his/her fault and resulted in injuries requiring possible hospitalization, (or death) plus damage to the other party’s vehicle who were not at fault. Remember it was your car involved in the accident and even though you weren’t driving it. . . The way insurance works you still would have some responsibility – since it was your car!
Locations of Turo businesses in the United States and Canada:
Turo is located in all of the major cities in the U.S. Strangely enough within the U.S. the only state where Turo does not have offices is in the state of New York. There are also locations found in major Canadian cities.
So the most important question, how much money can YOU make renting out your car?
Really how much money you can get out of this program is dependent on two things:
1). The market value of your car. This makes sense right? Renting out a $50,000 SUV would be worth more money to a person borrowing it versus a car that has the market value of $15,000.
2). How often you would allow someone to borrow your car each month. The more days it is in use by people who have been allowed to drive it in Turo’s program, the more $$ going into your pocket.
Using Turo’s price scale, I did a scenario just to see how much money a person could earn per year in this business opportunity. Notice the two sliding scales – one for the market value of the car. The second for the number of days it would be rented out per month.
So I have a new car that I don’t drive that much. It’s a second car as I much prefer my brand new $300,000 + Porsche that no-way, no-how a person other than myself will ever get behind the wheel.
The market value of my second car is $36,000. As I said I don’t drive the car that much. So, I rent it out for 15 days each month.
Seen in the image off to the right in Turo’s program it is estimated that I would earn $8,788 per year in this venture. Obviously the less the market value of the car and limited availability of the vehicle would result in fewer earnings per year coming to you.
Turo states that you would be paid by direct deposit, (something that you would set up beforehand at their site) days after the trip.
Right now there is also a $100 bonus plan for new sign-ups. As a new “host” you could receive up to an extra 25% of the payment that you would receive each time you make your vehicle available for rent. This would add up to but not exceed that $100 amount. This plan went into effect for every person who registered after March 29th, 2016 as having one of their cars available for rent through the company.
Final info about this program:
Covering my mythical situation of the cigarette smoker above, every person who rents out his/her car in the Turo program has the opportunity to first meet the individual(s) renting out the vehicle.
During this meeting, it would be your right to allow or refuse the person permission to rent out your car, and it might be for reasons that he/she is a heavy smoker.
Turo also has its own App software which can be installed on any mobile device.
Turo strongly suggests that people involved in the program, both as individuals loaning out their cars or renting them never post their personal info – name, email address, banking info, etc., out publicly.
Turo has its own secure and encrypted website in which any personal info provided is absolutely not shown to anyone else.
Well is Turo a scam? Or is Turo Good Business?
By all aspects as to how I measure the credibility of an online business opportunity, Turo is quite legit!!
Turo is not a scam by any means. The company by its policy does thorough checks of people looking to rent cars, in addition to the actual vehicle itself. An ill-running old car simply would not qualify for this program.
The amount of money you could make in this venture would depend on the overall market value of your car that you would be willing to rent out to strangers and along with that the number of days per month where it would be available.
Understand that even with an expensive car and one where you would have it available many days monthly, we are not talking about earning a six-figure income yearly in this venture.
But if you’re not driving the car and are so trustworthy that you’d allow others to drive it, why not? It would be better than earning the zero dollars coming your way if you just let it sit in the garage daily and for months at a time!
Turo would be a good way to make money in a business. You might not get rich in this venture but it is more legit than other fraud opportunities that I have reviewed in the past!
Before I Let You Go. . . Say That You Don’t Like The Thought Of Renting Out Your Car To Some Stranger!
Turo may sound nice. But suppose, if like me you simply want no part in renting out your valued car to some total stranger. Would there be another program that would allow you to make money for yourself online?
Well, YES THERE IS! And it does not involve your valued car, either!
This program is called Wealthy Affiliate and it has been around since 2005. In the period of time since this company’s inception up until now more than a million people worldwide have at one time or another been members of this organization.
It is 100% legit and here you would receive the training, tools and community support which would allow you to become successful in your quest to create income for yourself online.
As an option initially, Wealthy Affiliate be also be FREE to join.
Thank you for reading this article! If you have any questions or thoughts please feel free to post them in the comments’ section below: