In the busy season, his weekday rates are between $55 and $75. Business is slower when kids go back to school, so he sets his prices between $45 and $60 per day. In Detroit, Riddle bases his prices on the school schedule. He calls these types of cars " bread-and-butter" vehicles because they aren't luxurious, have four-wheel drive, and cater to people getting to work. Riddle has six cars, including a Jeep Compass, a Kia Sportage, and a Honda HR-V. For example, Zorina lowers her prices on rainy days because most of her cars are convertibles. Rates can also change depending on the weather. "If something happens and you need the car, you're going to lose out on a lot of potential money," Diaz said.Įach Turo host can set their prices based on their target clientele, the type of car, and the demand in their area. That way, you're not missing out on bookings when you need to drive it. "But if I ever need the car for an important event, I have enough time to block it off my calendar," she said.ĭavid Ruvalcaba and Vale Diaz, two more Turo hosts, recommend renting out a secondary car if you rely on your primary car often. Overall, she doesn't mind the inconvenience because most things she needs are within walking distance from her home. Last year, Whitmore earned $76,620 in passive income from her seven cars. "I was taking Lyfts everywhere and I would have to get DoorDash to get food." "I was getting bookings left and right so I never had a car," she said. Camesha Whitmore started her Turo side hustle in 2021 by renting her Range Rover in Phoenix.īecause it was the only car she owned at the time, the first month came with some lifestyle changes. While it is the easiest and cheapest approach, renting out your vehicle comes with trade-offs. It often indicates a user profile.Ĭamesha Whitmore is a Turo host based in Arizona. Account icon An icon in the shape of a person's head and shoulders.
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