I went to rent a car on Turo and found one for $27. All rights reserved. However, once the customer has the car and has begun their trip, they can submit a request for a change of return location. For most renters, renting a car should depend on the make or model of the said vehicle. Your rental rate (you can also opt in for Automatic pricing to let Turo adjust your rate based on demand). Is Turo cheaper than renting? I mean how do you insure the same car twice? You can check your approval status on your account page. Is it still working like you thought it would? They offered me a key the morning this happened but were unable to get it to me in time to attend the VERY expensive, non-refundable, scheduled event that we were on our way to. You have clicked a link to a site outside of the TurboTax Community. (which they dont), theyre basically earning $700 per month (in use of the car) That factors to an hourly rate of $100/hr earned from running this side-hustle. Why does Turo say not eligible? degree, certificate, or other recognized credential at an Eligible The car can be covered in mud and bugs and they pretend that its not dirty. Turo has the right to decline your trip request and remove you from the platform because of your auto insurance score, criminal background, driving record, or any other reason. You cannot claim the credit if As hosts, Turo takes complete advantage of the car owners. When I want to explore or take a trip, I use Turo. 1 / 2 3 5 comments [deleted] 3 yr. ago Its a business, they can choose who uses their platform. not true line 15 Total income andadjusted gross income. No real reason provided. To essentially bring our vehicle costs to zero is pretty cool. All Hosts mistreated by Turo should file a class action lawsuit against them. Youll also get more choices that change day to day as cars become available. I also like having the flexibility in when, how, and for how much we list our cars for rent. either during 2016 or during the first three months of 2017. Enter your new end time and write a message to your host. In its S-1 filed with the Securities and Exchange Commission, Turo claims it has 85,000 active hosts (meaning vehicle owners), 161,000 active vehicles, and 1.3 million active guests over the period of 12 months ending September 30th, 2021. opting for an old-fashioned IPO rather than a SPAC. children until they are the age of 24 years old if the student is unmarried. You must meet established age requirements to book certain . I spent no more than 10 hours all month to manage all aspects of the Turo business which brought in $1800. Does Walmart care if you sleep in your car? TheLittleList Your daily dose of knowledge. Overall, Turo is a great platform to use whether youre a driver or a host. I suspect the lawsuits will be for more than the one million dollars of liability that getaround provides. It sounds like Heather values her time at $0/hour. Never use Turo again and 100% do not recommend to friends. On a $31 car it wanted to charge me $8 and on a $40 car it wanted $5 only. But there have also been some bright spots. Turo presents an opportunity to turn that otherwise idle time into cash. Its definitely not for everyone. Allows us to verify that you have a valid license. This process has received great feedback from all the renters and it seems our strategy is something other car owners and renters on Turo are demanding. the few times i had to contact them they ended up taking care of me, just getting in touch with the right person was a colossal pain in the ass. Why is Google Assistant not working in my car? To contact a host via Turo messaging, log onto Turo, open the Trips tab, and choose the booked trip you have a question about. to receive guidance from our tax experts and community. You must meet established age requirements to book certain vehicles. I would just steer clear of Turo! However, this is not a hard credit check that will impact your credit score. Even just a few months into this adventure, our cars are breaking even each month and earnings are on the rise. *I do receive newsletters from them so the email is correct. I incurred an additional $180 in emergency transportation costs. They also don't have to tell you why you can't. I prefer secured lots that I can pre-pay, but this comes at a cost. It seems owners lending out their cars should have commercial auto insurance and an umbrella policy in excess of getarounds cap. In my state, you can start an LLC on the Secretary of States Website for $125. Turo says it plans to offer 5 percent of its stock to eligible hosts and guests on our platform and certain individuals identified by our officers and directors.. Reddit, Inc. 2023. there seems to be an error, as it claims you cannot deduct books and equipment unless it's paid directly to the university. The renter of the vehicle must be present to sign the rental agreement and provide their credit card at the time of pick up. What can I do in order to have the best chance for Turo to accept my account for membership? The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. What do you think a car like this could get me on Turo? Auto insurance score that meets our benchmark. There is a question on if you provided over half your support from earned income, the questions on can anyone else claim you.. Also go back through 1098-t interview and ensure you said you were attending school at least half time.. Having a similar problem this year, I qualify and am claiming myself. Requirements with regard to age, license, identification, and communication differ by region. It seems that when someone fits into any of Turos discriminatory categories, for fear of consequences, instead of outright rejecting you, they follow this policy of playing for time until the customer just gives up. Shorter bookings on Turo also result in higher trip fees for users. You can list multiple cars on Turo and rent them out simultaneously as a host. I selected full time student and it told me I didn't qualify. with over 1,100 5-star ratings! Nick Loper is a side hustle expert who loves helping people earn more money and start businesses they care about. Under IRS rules, the American this is the case, and you marked that "someone else can claim me as a not eligible for electronic filing. They are clearly abusing their power and capitalizing off of us! Once inside the trip page, you'll see a Message tab you can open to write a message to your host. as married filing jointly. The consent submitted will only be used for data processing originating from this website. The company launched nationally in March of 2012 and is currently available . Top 10 Entrepreneurship podcast But we ask all first-time guests in all locations for: 1) driver's license number and expiration date; 2) home address; 3) payment method; and 4) photo of themselves for their Turo profile. Joe talks about Turo constantly and how awesome of an opportunity it is. Over the last 4 months, my husband and I have managed to leverage underutilized cars in our driveway and the Turo platform to get a free Tesla Model S for our day-to-day driving. Also, you always have the option on Turo to have renters pick the car up at your location but that will limit your booking significantly in most cases. If you don't meet the eligibility requirements in your area, you'll be unable to book a car. Kevins been earning $700-800 a month on Turo, and shared: Once the car was actively listed, it took about two weeks for us to secure our first booking. You have clicked a link to a site outside of the TurboTax Community. Turo claims it avoids the costs associated with owning large fleets, like its competitors in the rental car business like Avis, Hertz, and Enterprise, while also helping its hosts earn extra cash by renting out their unused vehicles. S-1 filed with the Securities and Exchange Commission, sued by the city of San Francisco in 2018, Volvos upcoming EVs join the Tesla Supercharger bandwagon, The SAE is standardizing Teslas EV charging plug as it racks up more wins, Rokus first free live sports stream will be Formula E racing, Lordstown Motors bankruptcy blames Foxconn for trying to destroy its business. Change the number of years you use this credit to 1 year and then it works. TheLittleList compiles lesser-known intriguing information on a variety of subjects. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Turo appears to be cheaper than conventional renting agencies. Never ever again will I use Turo. What are the alternatives? I would like to expose the fraudulent treatment I received by TURO the car sharing company. Check with your school to Firstly, the higher the value of the rental car, the higher the trip fee will be. Their evidence is based on photos only!After a month they even increased that bill to $2,493.36!! The Teslaour dream caris the most recent addition to the fleet. I know she wrote that they turn the drop-off process into a fun outing, but the reality is that driving to/from the airport, washing the car, cleaning it and filling it up all take time that could be spent doing other things. The more expensive the plan, the less . It is not possible to use a fake ID on Turo. These payments. All the stressful exchanges and long wait, Frank from Verification department just made us HATE Turo now. Save my name, email, and website in this browser for the next time I comment. claiming the credit is that they have received more money in scholarships and Check the age requirements for the car you're trying to book. for the first four years of post-secondary education. If you want someone you trust to help manage your listing(s). You must meet established age requirements to book certain vehicles. Would love to do a collab if youre interested! I guess when youre trying to make money, wo cares about that, right? She was leveraging the platform to enjoy the cars of her dreams with minimal cost. To list your car for rental, your vehicles model year must be within the past 12 years. Its sad how Turo allows these hosts rent out their cars without having documentation of any problems on the car. Thank you n0v0cane 2 yr. ago Do you mean that you aren't approved to drive by Turo? Something went wrong. 2. As a workaround, you could enter $1 to either other income or interest in order to efile. Before jumping in the deep end and buying a new car to share, we decided to just test renting out one of our existing cars, our 2013 Acura ILX: My first step was to set up a detailed profile about the car, add quality photos, and ensure the calendar was set with availability that worked for us. October 20, 2022, 11:49 pm, by Per their website, Your car is protected against physical damage, up to its actual cash value, for collision and most comprehensive causes, including theft. The company also provides $1 million in liability insurance. Resolving problems booking a car You can find a free parking spot, which could work equally well and save a few bucks. Required fields are marked *. He added that he already alerted Turo and then stopped replying to me. That evening I was never offered a replacement key I was just told by the TURO representative that they were sending a tow truck. Also, the article you referenced is discussing the Tuition and Fees Deduction, not the American Opportunity Tax Credit or the Lifetime Learning Credit. Hi, I've been struggling for the past week and a half to get the Turo team to review and approve my account, I am 23yo, arrived almost 1week ago in USA from Europe and I would've liked to rent some cars for my vacation, but the Turo blocked my account as 'not approved', I've contacted the support for 5 or 6 times on different days, all I've gotten is "you'll get an email as soon as possible after this conversation". HopSkipDrive runs a background check and seriously vets their drives, so there are some steps involved. To list your car for rental, your vehicles model year must be within the past 12 years. Really cool concept. If this is not the case, you won't have any taxable income and will have to print and mail in your return to get back the taxes withheld. You can get approved to drive before you book a car by going to your account page. However, the Turo marketplace still hinges on five-star hospitality and clean, well maintained vehicles, so check out these pro-tips to keep your reviews up and your business humming. I did not get not even 1 email saying that my account is reviewed / if it's not approved or why / any update, they just completely ignored me for almost 2 weeks. The drop off of the vehicle seems flexible on the schedule but if the return must be done with the renters, seems it would make you a bit dependent on their schedule. This was definitely a concern for us before we created our first listing. October 20, 2022, 11:32 pm, Trending You must meet established age requirements to book certain vehicles. Obviously, if someone lives closer to the airport, they will invest less time (we live in the suburbs). The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. The vehicle was disabled because the key fob had corroded and burnt out internally and there was no other way to gain entry or start the car. Im a host with 25+ vehicles on the platform and if I had to do it over again I would only purchase off-lease Hyundais. we take new photos for insurance records (more on insurance below), ASKING for the review at the end of the rental, Monthly average earning: $618, booked 20 days, Monthly average earning: $784, booked 15 days, Monthly average earnings: $404, booked 4 days. Checking in for a Turo Go trip: No photos or documentation needed; we verified your identity when you booked the car. It went that far that yesterday the debt collectors reached out to me! I have actually tried to make an account on Turo but every time I try to activate my account, they tell me to send me a selfie, drivers license, utility bill personal bank information and all that bullshit and then they send me an email again saying that they reject my application and that is their final decision. Yes, renting on Turo can be profitable. You can pay expenses with a You must contact your host directly to make your request. should be under 90,000 dollars, or under 180,000 dollars if you are filing One of the items toqualify for the American Opportunity Credit is that you need to be at least Half time Student. As. The award-winning Side Hustle Show is a Most likely, Turo descriminate against handicap drives and Turo does not want MS driver even though she can drive better than me. Unless you just like to gamble and have nothing to lose. Requirements with regard to age, license, identification, and communication differ by region. Oh the insurance that they provide for 25% is a joke, I just got a $200000 car back with paint chip on the hood and they say that is normal wear and tear! Not consenting or withdrawing consent, may adversely affect certain features and functions. Turbo tax is telling me I don't get the American Opportunity credit but I am only in my 4th year of college and I was under the impression I should get it, On the top row of the TurboTax online screen, click on, (or for CD/downloaded TurboTax locate the search box in the upper right corner), (be sure to enter exactly as shown here) and click the, The search results will give you an option to , Then, if you are not prompted to enter your 1098-T,go through the entire education expenses section (. When I drop the car before a trip begins, I put a water bottle for each person in the group, as well as a pack of gum and a welcome/thank you note in the car. Be 25 years or older (special considerations for vehicles more than 12 years old but less than 25 years old). I dont smoke. The only tickets I have are a few parking tickets but that is at a college campus when I left my car there for the weekend like three years ago. Ridesharing does not equal carsharing. I went on live chat and the agent told me that $27 was the discounted long trip fee which simply is a lie. Location Sharing is active 2 hours before and 1 hour after trip start, and its active 1 hour before and 2 hours after trip end. and is it worth it to buy 8 cars cash and rent them out for 35 a day ? I'm interested in renting in Vegas, LA, San Francisco and San Diego. As the primary driver, you must be the one to pick up and return the car.