Maximize Your Vehicle's Earning Potential on Turo
Unlock passive income by allowing us to list your underused vehicle on Turo.
We take care of all operational aspects, from client interactions to vehicle preparation, ensuring a smooth and effortless experience for you.
For a comprehensive understanding of this opportunity, please read through the entire post.
Vehicle Eligibility:
* Under 13 model years
* 80,000 miles or less
* Clean or detailable condition.
Minor exterior damage acceptable; severe interior damages are not.
* Lease or finance agreements are okay.
* Installation of a remote lock/unlock app, tracking device, wheel locks required before rental (if not already equipped).
* No open recalls.
* Registered in NY.
Revenue Model:
* Example: Vehicle rents for $50/day, booked 15 days a month = $750 in revenue.
* Expenses including Turo's minimum 10% cut, car washes, gas, and maintenance (up to $150/month from revenue) deducted.
Maintenance over $150/month discussed with the owner.
* Estimated profit = $500.
Profit split 50/50: $250 passive income for you.
* Payments via 1099, with potential tax advantages.
Maintenance & Incidentals:
* Maintenance costs up to $150 within a month covered by revenue.
Costs exceeding $150 will be the owner's responsibility, with discussions on proceeding.
* Post-rental billing of tolls and tickets to the client.
Insurance:
* Turo's insurance covers incidents during bookings.
* For a personal use vehicle, the insurance is the owner's responsibility.
* If the vehicle is for Turo use only, there are cost-effective insurance options, which would be covered by the shared revenue.
Operational Management:
We handle everything operationally, ensuring owners need only to manage their usual car note and insurance (if applicable).
Monthly reports provided, detailing revenue and profit breakdowns.
Location:
This will be discussed on a case by case basis as accessibility and parking are assessed.
Looking For:
* Vehicle owners interested in earning side income.
* Preferred zip codes: 10466, 10467, 10469, 10470, 10475, 10550, 10552, 10553, 10801, 10803, 10805.
Open to others on a case-by-case basis.
* Owners capable of maintaining vehicle cleanliness if used personally.
Contact Information:
Please use the Craigslist email option to contact us.
Include the following details in your email:
* Year:
* Make:
* Model:
* Trim Level:
* Mileage:
* Color:
* 4x4/AWD (Yes/No):
* Transmission (Manual/Automatic):
About Us: With a background in car sales and current roles in mortgage lending, property management, and investment, I bring a wealth of experience to this venture.
If you're also in the market for a new vehicle or looking to diversify your investment portfolio, let's connect and explore opportunities.
passive income
remote work
part time
flexible
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