Turo functions like an Airbnb for cars in that you can book vehicles directly from their owners. Then, youll have to upload a profile photo, enter and verify your mobile phone number, enter your drivers license information and a payment method. In 2014 he acquired Ridester.com to share his experiences with other drivers. However there are a few factors that can affect the trip fee such as the type of car the length of the trip and the location. Overall, you will keep between 65% 90% of the trip price, depending on the protection that you choose. Essentially, its a passive income stream. Ask the guest to send you a screenshot of the receipt. If you dont require extra seats and want to avoid the Turo young driver fee, you can get a U-Haul pickup truck. Stay up to date with what you want to know. As a final tip, some of the companies mentioned above will waive their young driver fee if you meet specific criteria. Assuming the trip takes 1 week and the distance covered is 100 miles, the U-Haul cost adds up to; $19.95*7 + $0.59*100=$139.65+$59=$198.65. 90 a day, plus 10% trip fee, plus 20% young driver fee if under 25, and the cost of any delivery if applicable, and also the cost of the insurance plan they choose. They will get whatever they charge for fees during the shortage. According to Turo, the average income from listing one car on Turo is $10,516 per year. 90 a day, plus 10% trip fee, plus 20% young driver fee if under 25, and the cost of any delivery if applicable, and also the cost of the insurance plan they choose. First, people who are paying for a car they dont use frequently have the opportunity to rent it out for extra cash. For example, Hertz charges $19 a day for young . Unfortunately, the company doesnt offer any getarounds to waive the Turo young driver fee directly. Turo has a pretty simple and affordable pricing model, especially when you compare it to traditional rental car companies. If you chose the Basic plan or declined coverage, Turo will charge up to $3,000 and no less than $500. This means 10% of the total car price that you choose. The cost for each Turo plan is covered by a portion of the money Turo's rental drivers pay to rent the host's car. The deposit occurs whether you book with a host or through Turo. I booked it without looking at reviews, but reading them would have saved me a headache. By choosing an insurance plan through Turo, your insurance should not be affected if you are in an accident with a Turo car. If you've booked a trip with a Commercial Host, you can't add a driver via Turo. When you are booking a high-end vehicle, the security deposit is charged to all guests under 30 years of age booking a deluxe car. Drivers looking to rent do not . This can be a way for them to earn passive income. Yes, multiple guests can drive the car you book on Turo, as long as they are all approved to drive. The average cost of renting a luxury car in Beaumont is $89. By, Turo. . Both vehicle owners and drivers will be subject to certain costs and rental fees when they use Turo. We won't send you spam. Also, be prepared for additional charges including a trip fee, protection plan, young driver fee, taxes and potentially more. Negotiate the price with a commercial host. Once you find a car youre interested in, you can click on it to see additional details. If youre staying closer to the city, you might be able to find a deal on a car with a shorter distance included. All drivers must . You still get to go where you need to go, but you only need to worry about the expenses of one excursion at a time. This includes active duty, National Guard, and Reserve members, as well as veterans and their families. Check your . Turo has a way of handling that by charging an extra Young Driver Fee.. Get 10% off your firstHyreCar rental with code HYRE10 at check out! U-Haul charges a fee of $19.95 per day, plus $0.59 per mile. Have you ever used Turo to rent a car? Current Turo prices range, roughly, between $100 and $200 a day. You can add additional drivers up to a maximum of 8 and share that cost. Getting an AAA membership and then renting a car through Hertz can help avoid that annoying Turo young driver fee. Heres a list of some of the other companies for reference: As you can see, theres no way to dodge the fee by picking a different company alone. This way, you can save a whopping $313.35. When contacted by Insider for this story, Turo CEO Andre Haddad said in a statement via email: "Turo makes great effort to ensure the safety of all vehicles listed on the site. Once your account has been approved, you can start browsing vehicles and book a trip. The cost of insurance for Turo hosts. Ridester 2022 | ALL RIGHTS RESERVED. Next, for drivers under age 25, Turo is great for avoiding the pricier young driver fees that some car rental companies charge. Statistics prove that this fresh blood has increased risk of accidents. Typically, you will earn 75% of the total trip price. If you book with a commercial host, you can opt to skip their insurance coverage and use your own. Turo tells guests not to check in to a reservation if they smell cigarette smoke upon picking up a car and instead to call customer service. Turo provides every host with an incident information card to keep in their vehicle glove box along with their personal insurance card. Once you turn 21, your additional fee would go down to $30 a day added to your credit card. If youre thinking about renting a car through Turo, here are five things to know first: Below, youll find more detailed information about Turo including how to search for a car and what to expect once you find one to rent. As far as additional fees to a car owner, there is nothing on top of the 10-35% that Turo takes from your trip price. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Browse the most lucrative promotions we offer. In the United States, Turo charges a minimum of $50 per day for those aged (18-20) years old and a minimum of $30 per day for those aged (21-25) years old. Continue with Recommended Cookies. Thats still a hefty chunk of change especially if you are the best driver around with a spotless record! Its quick and easy to use for both hosts and drivers, allowing hosts to earn extra money while drivers can either save money on rentals or find unique vehicles they may not find elsewhere. It is important to note that these age requirements are applied at the time of booking and not when the trip is expected to take place. We sometimes earn affiliate links when you click through the affiliate links on our website. Finally, was it exactly one day? On their website, they are very clear that they dont offer any discounts or waivers based on your clean driving record, personal insurance, or AAA and other automobile affiliations. There are two options to resolve a claim: Turo will send the renter a breakdown of damages to the vehicle and the cost of repairs after the assessment. Turo is a peer-to-peer car rental marketplace that allows customers to rent vehicles directly from owners rather than car rental companies. You can book any car you want, wherever you want it, from a vibrant community of trusted hosts across the US, Canada, and the UK. Whether you are heading to New York, California, Los Angeles, or San Francisco, Turo offers you an easy way to take that road trip. Driving the car. However, youre still likely to find yourself in situations where a car is necessary. A strong electrical smell started to waft through the windows. Let AutoSlash Track Your Car Rental for Price Drops You can read and understand the insurance policy and all rules listed on the rental. The cost of each level of insurance is based on a percentage of the total amount you charge to rent your vehicle. If you want to pay less, plan ahead and book ahead. Recommendations. Ive been a host for awhile but the rates they charge are insanely high. Plus, as long as they're approved to drive on Turo, you can add additional drivers. $750,000 in third-party liability insurance2. Turo brings together those who need vehicles with those who have them, allowing individuals to bypass traditional rental companies and rent vehicles directly from one another. If a trip begins in the UK, Turo is obligated to charge more than 20 percent. The fee waiver applies to rentals at participating U.S.-based locations. Here's An Answer. Turo also needs to be keen in its scrutiny for insurance purposes. Turo offers third-party liability insurance thats provided by Liberty Mutual and secured through Turo Insurance Agency, LLC. . Understanding these fees can help take away some of the confusion and stress from your planning and even save you money on your total trip price if you take the proper steps. Earn 80% of the trip price. A representative will then cancel the trip and arrange a replacement car. Are you telling me that Turo then charges up to 40% above what the car rented for? 80 plan. This platform allows car owners to list their cars for rent. Commercial hosts have a Commercial Host tag. Proof youve been driving at least two years if youre under 25, An auto insurance score that meets certain benchmarks, A cleaning checklist that drivers can hang in the window. The host can offer rental extras and add-ons such as unlimited mileage or prepaid refueling. For the vehicle I looked into, the guidelines included no pets, no smoking and returning the car with a full tank of gas. No matter where you rented your car, every 28 days, Hertz requires drivers to return the vehicle to the rental branch for routine maintenance and to open a new 28-day contract if you wish to keep the car. Advise your additional driver to look for an email from Turo. Below that, youll see additional information including a total price estimate, the car specs and features, the hosts rating and how many trips theyve completed. You may claim I downsized the miles, for 500 miles, U-Haul will cost us $434 vs $512 for Turo. Ridester.co is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon. Once customers start renting your car, youll start getting paid. Turo was founded in 2010 and now has relatively positive ratings and reviews across the web. Our website is supported by our users. Trip Fee This is a 10% fee that Turo takes off the top. To do so, youll share a profile photo, your contact information and your drivers license. You can also use cash-back programs like Ibotta to save on your spend with the company. Pay attention to the rates on individual days so that the total cost will not be a surprise. In this article, I will outline everything you need to know about the fee and how to counter it. ago. I opted for the . While it can appear that there are a lot of fees here on top of what you are paying for the car, keep in mind that most of these wont apply. His insights are regularly quoted by publications such as Forbes, Vice, CNBC, and more. Additional comment actions. Turos young driver fee price structure varies depending on your location e.g US, Canada, and the UK, and also the age bracket. Plus, as long as theyre approved to drive on Turo, you can add additional drivers. Fortunately, my host accepted the car back with the smoke odor, but he technically could have charged $50 for odor removal. To learn more about trip costs, check out Turos website. The app has earned 4.8 out of 5 stars from 179.8K reviews on the App Store and 4.9 out of 5 stars from 153K reviews on Google Play. If you keep your reservation, youll be able to have the car delivered to you on the day you need it or pick it up yourself from your host at a nearby public location. Of course, the amount you can earn depends on whether you have your car listed only during certain times or whether its always available to rent. I am currently renting a 2009 Prius, and so far the host has been incredibly helpful and responsive, but I wish I had asked him how the car performs in different environments as well as when the car was last serviced to avoid a few hairy situations. Drivers aged from 21-25 will be assessed a minimum young driver fee of $30 . Yes, Turo is safe to use. To learn more about guest protection plans, visit Turos website. The peer-to-peer car sharing marketplace generally offers more affordable vehicle options than well-known car rental companies. This guide helps hosts navigate the different protection plans available and choose the best one for them. I entered Denver as a destination to find out what would be available for a week in July 2022. We were driving the Prius at around 50 mph shortly after sunset when the car started to make odd sounds, almost as if it was stuck in the wrong gear. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. But for some, the cost of car ownership is too high. It allows vehicle owners to determine how much they might be able to earn by renting their car out on the Turo website. In Canada, Quebec does things a little differently than the rest of the country.