Renting cars on Turo

[zarathustra]

Anyone rented cars in Turo? I think it's easy to make 1k/month and above per car, oka 10k pedithey decent car ostundi like Toyota or Honda. 

So one year lo ROI and after that reserve income. Oka 5 cars own chesthey it's like having a second job. 

Anyone tried this option? 

[siru]

Just now, zarathustra said:

Anyone rented cars in Turo? I think it's easy to make 1k/month and above per car, oka 10k pedithey decent car ostundi like Toyota or Honda. 

So one year lo ROI and after that reserve income. Oka 5 cars own chesthey it's like having a second job. 

Anyone tried this option? 

maintenance, wear and tear, mileage on car

calculate cheso..u wont break even

[usetime63]

10k used car ki, rent ki istey , vallu thokke thokudu ki chala maintenance issues vasthay.

also, rental companies e chala cheap ga vasthunay and available right at the airport,  customers might be less interested.

[zarathustra]

Just now, siru said:

maintenance, wear and tear, mileage on car

calculate cheso..u wont break even

Yeah bro calculated some of that too. 

Toyota or Honda cars like Corolla and Civic are quite reliable, around 10k ochesthayi with not many miles. Evanna repair issues ochina those are cheaper to get fixed right. 

On average where I live, I have seen these cars rent for $35/day. So monthly around 1k, not a spectacular return but 10k investment tho inkem cheyochu cheppu

[zarathustra]

Just now, usetime63 said:

10k used car ki, rent ki istey , vallu thokke thokudu ki chala maintenance issues vasthay.

also, rental companies e chala cheap ga vasthunay and available right at the airport,  customers might be less interested.

Rental cars are not less than 35/day bhayya these days plus add airport taxes etc etc I know because I myself tried this option recently, a decent mid sized car with taxes and all that isn't less than 45/day.

[Pappu_Packitmaar]

3 minutes ago, zarathustra said:

Anyone rented cars in Turo? I think it's easy to make 1k/month and above per car, oka 10k pedithey decent car ostundi like Toyota or Honda. 

So one year lo ROI and after that reserve income. Oka 5 cars own chesthey it's like having a second job. 

Anyone tried this option? 

Better desi poragallaki 3k petti oka car poni rent ki iyu...monthly oka 300-400 vastayi per car...wear and tear aina kuda poyyedi emi ledu..full cash payment so no need to worry about cut by Uncle Sam and Turo..

Few years back chesa Los Angeles Lo...couple of cars no desi Gallaki rents ki istunde...there is a demand for short term monthly rentals...unexplored market.

[usetime63]

Just now, zarathustra said:

Rental cars are not less than 35/day bhayya these days plus add airport taxes etc etc I know because I myself tried this option recently, a decent mid sized car with taxes and all that isn't less than 45/day.

ok ,if you have will and confidence in it , go for it. 

[zarathustra]

2 minutes ago, Pappu_Packitmaar said:

Better desi poragallaki 3k petti oka car poni rent ki iyu...monthly oka 300-400 vastayi per car...wear and tear aina kuda poyyedi emi ledu..full cash payment so no need to worry about cut by Uncle Sam and Turo..

Few years back chesa Los Angeles Lo...couple of cars no desi Gallaki rents ki istunde...there is a demand for short term monthly rentals...unexplored market.

Yeah idi kooda alochistunna, insurance issues undochu kaani that we have to be careful about. 

[zarathustra]

2 minutes ago, Pappu_Packitmaar said:

Better desi poragallaki 3k petti oka car poni rent ki iyu...monthly oka 300-400 vastayi per car...wear and tear aina kuda poyyedi emi ledu..full cash payment so no need to worry about cut by Uncle Sam and Turo..

Few years back chesa Los Angeles Lo...couple of cars no desi Gallaki rents ki istunde...there is a demand for short term monthly rentals...unexplored market.

Ivi Sulekha lo advertise chesetodiva? 

3k ante 100k+ miles car osthadi oka 7-8k pettande decent car dorakadu

[Pappu_Packitmaar]

Just now, zarathustra said:

Yeah idi kooda alochistunna, insurance issues undochu kaani that we have to be careful about. 

In my case, I had my own car and another car of a friend who left to India for good and asked me to sell the car..so both the cars I used to rent out for short term for cash.. coming to insurance, instead of per day, per month aithe instant ga quote teesukuni add chesey..inkoka 20-30$ ekuva ayitadi and let the driver pay for this..with cheap cars, insurance is cheap too

[siru]

1 minute ago, zarathustra said:

Yeah bro calculated some of that too. 

Toyota or Honda cars like Corolla and Civic are quite reliable, around 10k ochesthayi with not many miles. Evanna repair issues ochina those are cheaper to get fixed right. 

On average where I live, I have seen these cars rent for $35/day. So monthly around 1k, not a spectacular return but 10k investment tho inkem cheyochu cheppu

Miles add ayye koddi, renters wont prefer it. Anduke enterprise lanti companies sell off their cars after certain mileage.Vallaki work avutadi because car makers make them cheap cars especially for those companies.

Toyota honda kuda every 15-20k miles ki cheyalsina mandatory maintenance vuntai. Add brake jobs, Transmission fluid flush, oil changes etc.

 

[keviinusa]

4 minutes ago, Pappu_Packitmaar said:

Better desi poragallaki 3k petti oka car poni rent ki iyu...monthly oka 300-400 vastayi per car...wear and tear aina kuda poyyedi emi ledu..full cash payment so no need to worry about cut by Uncle Sam and Turo..

Few years back chesa Los Angeles Lo...couple of cars no desi Gallaki rents ki istunde...there is a demand for short term monthly rentals...unexplored market.

Idi Dallas Huston lo desi car dealers chestar kada monthly 400-500 ki

car cost aithe 2-3K kante ekkuva vundav unsafe cars ni vallu giving for rents like this.

[Pappu_Packitmaar]

2 minutes ago, zarathustra said:

Ivi Sulekha lo advertise chesetodiva? 

3k ante 100k+ miles car osthadi oka 7-8k pettande decent car dorakadu

I used to advertise in desi forums in Facebook...did not try sulekha. 

[Pappu_Packitmaar]

1 minute ago, siru said:

Miles add ayye koddi, renters wont prefer it. Anduke enterprise lanti companies sell off their cars after certain mileage.Vallaki work avutadi because car makers make them cheap cars especially for those companies.

Toyota honda kuda every 15-20k miles ki cheyalsina mandatory maintenance vuntai. Add brake jobs, Transmission fluid flush, oil changes etc.

 

Specifically desi poragallaki ani chepindi anduke...vallu emi demand cheyaru..especially relocation batches, OPt poralu without car..room lo oka 2-3 poragallu vunte, sharing lo car use cheyadam etc vaatiki baaga workout ayitadi...monthly $400-500 ki ae rental company gadu bigger cities lo car ivadu

100k tirigina car, entha tippina poyyedi emi ledu kaka...

[phatposts]

There is nothing wrong in trying out an existing Car on Turo. Obviously you need to understand that the car will have wear and tear, a different kind of usage etc. No risk no reward. 

Turo and desi off market rentals cannot be compared. Both are 2 different beasts. 

Kaani Turo experience lekunda daanikosam car konadam not a good idea. 

Turo shines where delivery and pickup are tricky. Downtown people, families driving in to airports or where car ownership % rate is less prefer Turo. You will have better chances if you live close to those audience or can offer pickup/dropoff. Unless you have a good and cheap transportation mechanism that pickup thing is a huge time and pain expense in my opinion. 

Clean the car, list it and be a good responder. Build profile slowly and see whether that thing makes sense or not. 

You need to try before you know whether you like it or hate it. Sideline lo koorchuni alochiste sideline lo ne undipotav