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      11-08-2018, 02:23 PM   #32
aerostar
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Drives: 2018 F80
Join Date: Apr 2015
Location: NJ

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Quote:
Originally Posted by MPBK View Post
OP is quickly realizing that there is no positive cash flow in this.

Turo's model works by tapping into your depreciating asset sitting in your garage. You'll accept whatever they pay you because it's better than nothing.
But buying a brand new car just for Turo... like I said, if it worked, Turo would do it themselves.
I think there's still money in it.

I did some number crunching and I may just be a used car (~7-8k) just to test the waters.

Like I said, there are plenty of reports of people making money, it's just that you have to be dedicated and know how to work the system. Most people who complain that Turo won't cover damages done to the vehicle during a rental did not have sufficient documentation like extensive pre-trip photos showing condition prior to the rental.
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