I make $50,000 / Month Renting out CHEAP Cars: HERE’S HOW!

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  • เผยแพร่เมื่อ 28 ก.ย. 2024
  • In this video, I break down exactly how I started my car rental business on Turo, and how I transitioned my Turo business to renting directly to my customers to make more money. I started 5 years ago, but Turo is not the same today as it was 5 years ago when I started. So in this video I share with you my exact business model - as well as the most profitable vehicles for the business - and its most likely not what you think! How to start a Turo Business, How to get Commercial Insurance for your Car Rental Business and more
    Book a 1 on 1 Call HERE:
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    My Most Profitable Cars for Turo Guide (FREE):
    www.alex-profi...
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    Subscribe for videos related to owning a rental car fleet, running a turo business, being a turo host, how much I made on turo, what is the best car to start on turo, and more.
    Alex Profits is NOT affiliated with Turo
    Disclaimer: I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a TH-cam video for entertainment purposes only. If stocks or companies are mentioned, Alex Profits may have an ownership interest in them. Please do not make buying or selling decisions based on Alex Profits videos. If you need advice, please contact a qualified professional.
    #turo #rentalcar #business #sidehustle #turobusiness

ความคิดเห็น • 42

  • @whiteboy6052
    @whiteboy6052 11 วันที่ผ่านมา +3

    Another banger 🔥

    • @Alexprofits
      @Alexprofits  10 วันที่ผ่านมา

      Thanks for tuning in😎

  • @Queensfinest2023
    @Queensfinest2023 10 วันที่ผ่านมา +6

    U can put financed cars on Turo?

  • @obaidbaig2058
    @obaidbaig2058 8 วันที่ผ่านมา +1

    Where do you keep/ park all the cars though? Weirdly that's a question i keep asking myself

    • @Alexprofits
      @Alexprofits  7 วันที่ผ่านมา +2

      Start at your house / apartment / etc where ever you live I guarantee you have space. At least in the beginning when you’re starting. Then grow with the business

  • @leesam7434
    @leesam7434 6 วันที่ผ่านมา

    What kind of insurance do you use for the private rentals?

    • @Alexprofits
      @Alexprofits  5 วันที่ผ่านมา +1

      Watch the video

  • @bjnyc3938
    @bjnyc3938 9 วันที่ผ่านมา

    i am 18 yrs old and i was wondering if its smart to lease a car and put it on turo?

    • @Alexprofits
      @Alexprofits  9 วันที่ผ่านมา

      Did you watch the video bro?

    • @Amg3dprints
      @Amg3dprints 9 วันที่ผ่านมา

      no its a risk because if it gets totaled you are still on the line for the loan

    • @Alexprofits
      @Alexprofits  9 วันที่ผ่านมา +1

      Facts thanks bro

    • @Amg3dprints
      @Amg3dprints 9 วันที่ผ่านมา

      @@Alexprofits these new Turo host need to understand that this is a business and not a passive income platform and like any business there’s always risk involved

    • @Alexprofits
      @Alexprofits  9 วันที่ผ่านมา

      100%!!!

  • @realdealfrank
    @realdealfrank 5 วันที่ผ่านมา

    No way you rented out a Grand Marquis lol just too old. Would love that though!

  • @kingfratetrain7634
    @kingfratetrain7634 10 วันที่ผ่านมา

    Are you still renting out the hellcat? 👀

    • @michaelopatik2314
      @michaelopatik2314 10 วันที่ผ่านมา

      no, it got stolen.

    • @kingfratetrain7634
      @kingfratetrain7634 10 วันที่ผ่านมา +2

      @@michaelopatik2314smh of course it did 🤦🏾‍♂️

    • @Alexprofits
      @Alexprofits  10 วันที่ผ่านมา +1

      Yes I am

    • @Alexprofits
      @Alexprofits  10 วันที่ผ่านมา

      No it didn’t

    • @michaelopatik2314
      @michaelopatik2314 10 วันที่ผ่านมา

      @@Alexprofits yes it did, you lie

  • @Rimasfilms
    @Rimasfilms 2 วันที่ผ่านมา

    Hey Alex,
    Thank you for the great content on TH-cam-it's been really helpful! I'm considering giving Turo a try, but I'm feeling a bit skeptical about getting bookings. I live in Pompano Beach, FL, which is about 20 miles from Fort Lauderdale airport. I’m wondering why anyone would go out of their way to rent a car from me when they could just rent one at the airport or nearby. Do you think investing in something unique, like a Jeep Wrangler, would help attract more renters? And after factoring in depreciation over the next couple of years, would it still be a profitable investment? What are your thoughts?

  • @Mo375YT
    @Mo375YT 10 วันที่ผ่านมา +3

    Fire video

    • @Alexprofits
      @Alexprofits  10 วันที่ผ่านมา

      Thank you!!

  • @Music-tf1yn
    @Music-tf1yn 2 วันที่ผ่านมา

    90 cars 50k is roughly 600 monthly per car. I can do that in a week with futures for 10th of the price

    • @Alexprofits
      @Alexprofits  21 ชั่วโมงที่ผ่านมา

      Then do it bud

  • @amonpangalala3329
    @amonpangalala3329 3 วันที่ผ่านมา

    Great video, 100% utilization is quite unrealistic on turo .

    • @Alexprofits
      @Alexprofits  2 วันที่ผ่านมา

      Thanks!!! Yessir

  • @carmesuzebernadin7358
    @carmesuzebernadin7358 วันที่ผ่านมา

    I already brought my car I can’t wait to get started it

    • @Alexprofits
      @Alexprofits  21 ชั่วโมงที่ผ่านมา

      Let’s go!!!

  • @nyc_iren
    @nyc_iren 6 วันที่ผ่านมา

    How do you find so many private renters? (80%)

    • @Alexprofits
      @Alexprofits  5 วันที่ผ่านมา

      Takes time. Same way any business acquires customers

  • @jdm8220
    @jdm8220 4 วันที่ผ่านมา

    are you in Miami ?
    S Florida

  • @IUFahim
    @IUFahim 11 วันที่ผ่านมา

    ❤❤

    • @Alexprofits
      @Alexprofits  10 วันที่ผ่านมา

      👍🏼👍🏼