5 Most PROFITABLE Cars to Buy For Turo in 2024
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- เผยแพร่เมื่อ 31 ก.ค. 2024
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00:00 - Intro
What's up, you guys! In today's video, I will explain my top 5 favorite Turo cars for profitability. Let's get started!
00:57 - 3 Row Vehicles
02:22 - Mazda2
03:23 - High Perceived Value
07:15 - 2011 Ford Focus
09:11 - Hyundais
11:07 - Conclusion
12:36 - Closing
I hope you guys enjoyed this video; make sure to hit the like, subscribe, and the notification bell, and I will see you guys in the next video.
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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 The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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, Aubrey may have an ownership interest in them - Please do not make buying or selling decisions based on Aubrey’s videos. If you need advice, please contact a qualified professional.
#Turo #SideHustle #Profitable
I think a great video would be describing your top 3 or 5 cars in your fleet, the daily rate, airport drop off or not, unlimited milage or not, etc. and how much each bring every month. Keep up the great work
Although I agree, remember that in a world of social media it's all about the initial "hook".
As you understand, all about algorithms and getting people interested. In a market of saturation if you you're not being "deceptive" then you might not even get out there.
What's most important is the content within the video and the explanation/disclosures given.
It's easy to say something without being in the other persons shoes, lets be fair.
Crazy edits, Keep the great work!
Aubrey you really saying good stuff I’ve started Turo in 2018 and I was doing that. 👍🏾
Great points Aubrey!! Enjoyed the Ghibli breakdown
Literally the smartest woman on the planet that Chrysler vs honda minivan comment restored my faith in people that actually do research. Also you had me at r8, I was just talking about buying one for my first super car fleet vehicle. Great great video🎉🎉🎉🎉🎉
Fascinating Insights !!!! Thanks!!!!
*I've had a 2009 Focus 5-speed since 2010 and it's a rock-solid car with MTX75 transmission being practically everlasting - 2011 is the same car with some revisions - the one downside is windshield gets foggy in a couple of areas as the blower orientation is not optimal*
*Past timeprint **9:20** though you show 2012+ model/s which you recommend against (I don't like them either)*
Good info thx for sharing.
Interestingly, the Maserati Ghibli V6 is a turbo charged Chrysler (FCA) Pentastar engine (made by Ferrari). As with all used vehicles, especially exotics, keep in mind that while you may have bought a used Maserati Ghibli for only $30,000, the parts cost is for a $100, 000 car. In this case you can save some money on parts as many of the parts from the US engine are the same as the Ferrari built engine, however keep in mind the Pentastar is not normally turbo charged and this has resulted in premature timing chain failure (the timing chains are the same with both engines), which in this case can be as early as 60,000 miles depending on the maintenance level (you would think anyone that would buy a $100,000 car would change the oil regularity, but unfortunately on 1/3 of new car owners probably maintain their cars regardless of the price).
Great content
Great information
Another great video Aubrey! Keep up the good job, you’re the best!
Dope video
Good informative video, good luck, thank you.✌️
I have watched a ton of videos on TURO and I can honestly that this is one the best I’ve seen. It was honest, informative, and really supplies a roadmap to success. I love the fact that affordability was a constant theme. She proved that you can do extremely well with good choices and that you don’t have to go broke in the process. ⭐️⭐️⭐️⭐️⭐️
Great video Aubrey! I live in SF. Would like to start a turo business (will go through your other videos).
Respectfully, I feel your thumbnail is very misleading. I’m a fan and I even purchased your course on how to start a Turo business. You definitely inspired me to start my fleet and I’m glad I did. That said, I don’t think it’s cool or necessary to mislead people when it comes to the facts. No doubt you can bring in $1000 a month with a 2011 Ford focus, but that’s definitely not profit. Once you factor in the insurance, maintenance, cleaning, depreciation, etc, you’re probably in the range of $750 profit (give or take). I get it, $1000 profit sounds sexier and makes a better thumbnail, but you lose credibility when being deceptive.
Was purchasing her class worth it? It’s really expensive. Do you feel like you got your moneys worth out of it? Or is it just information you can find for free on TH-cam ?
@@Kyle_almighty1I’d wonder if she even has a fleet, or just a YT channel and a course
@@raymckigney2118 your right she talks about her fleet but I have yet to see a video where she shows all her vehicles🧐 all the other turo TH-camrs actually show theirs at one point or another
I really appreciate your transparency, as this is helpful for us new and just getting started as host. How many cars did you start with, how are your bookings, and what profit range is more realistic to expect?
No way you take what she is saying accurate. Hyundai is one of the worst brands to use, those GDI engines are terrible!
Now I’m just waiting for a R8 or i8 video at this point. How do y’all expect me to sleep now? Haha 😂, y’all have a good one. Ty
Damn😮 That's powerful stuff indeed!!👍🏿👏🏿
When should one be worried about mileage when operating my active fleet or looking to buy?
Just want to say hello and welcome to Aubrey's new video editor
Hi! thank you so much for all the quality content you're providing. Im getting ready to buy a car and I live in Phoenix, the Carculator feature on the Turo site says that Fiat 500's are the best care to list in Phoenix. How reliable is this insight in your opinion?
That'd be so dope if you experimented with The Audi or Beamer.... LoL Thanks for this list, I needed that... You definitely giving me some direction as to what to look into to start a fleet. You ran down your whole fleet... Sheeeessshhh... You're a car dealership I see LOL
Can you make a video on the risks that come with buy higher priced cars?
Thanks for the informative vid. Important question: where do you store your fleet (generally speaking, not address)? I live in an area where land is expensive so getting some random lot won't be cheap.
What do you have for insurance on all these cars? Private or commercial?
Love It. I am returning to Oklahoma from Philippines, will look at financing 1 for personal use after my Turo lease of 30 days then financing 2 or 3 more end of December to find massive discounts because these companies want to hit end of year quotes...question do you notice the leasing slow down Jan,Feb and March?
I bought a car under duress. Brand new Toyota Camry. I’m currently fixing up my Highlander… which car should I use on Turo?
What kind of tracking GPS do you use ?
Thank you
Recently leased a 2022 Mercedes-Benz EQS sedan for 18 month at $760 a month. 7500 miles per year but over mileage fee is only $0.20 per mile. Cars have been booked 6 days for $350~370 a day so far in April. My next target is Audi E-Tron GT. There is lots of great lease deals recently.. such as Infiniti qx80 for $400 a month or Porsche Macan for 520 a month.. I would make about same profit with one car versus 3~4 economy cars..
I never did turo and I am scared of purchasing a high value car.
U can put a lease car on Turo??
Where did you find those lease prices brother, how much down, allowed miles etc. Thanks man
Seems very risky to lease any car to put on Turo. By the time you have to turn in the leased vehicle, I can guarantee you are way over on the mileage.
How do you deal with the insurance for all the cars??
Why don't you like the Kia Rio? I was just thinking of buying one and would love to know.
Great video.. what are your thoughts on a 2014 Mazda CX-9 for Turo?
Hey. Great video. Can you list what specific cars you do own? I’ve been thinking to purchase 2019 Ford Focus Hybrid, but you are 3rd person who are talking about transmission issues, so now - I have doubts
I heard carsync got the boot from Turo starting 4/30/2023
Turo will provide all carsync tools.
Allegedly
Do you have an idea on daily averages per your fleet cars?
If you where looking for a rental on turo would u rather a newer model 2020-2023 or and older model 2000-2013
Hi your videos very specific and useful 👌
I live in San Diego California do you think this list my apply to the city to, for sure the Mercedes will
My wife is driving her second Kia Rio, she bought the latest one in 2020 brand new and the car doesn’t give us any problems.
Which car is in the thumbnail?
Edit: 2009 Ford Focus SE Coupe 2D
I think a 2011 ford focus will be my 1st car purchase for car rental
does chevrolet spark and honda fit a good car for the Turo business?
Have you had any Sensor issues with the Hyundais?
I am in Central U.S, & so far the only insuramce company that I've found that allows Turo shared drivers on the policy is Liberty Mutual. I started Turo 3 days ago, got a policy with Liberty Mutual, & have my first booking for 3 days on day 2!!
Keep in mind that If you do not tell the insurance Co that you're using your vehicle for shared driving, they can deny a claim in case of an accident. This is NEVER a good thing, esp. for major accidents (heaven forbid!). So, I believe it's wise to be upfront with an insurance Co & ask if they allow Turo drivers. At least you'll know to look elsewhere if they don't. And you'll be covered with the policy the right way. I wish everyone all of the best with Turo!!
How much is the insurance per car?
Car is covered under Turo's insurance policy when driven by a renter tho. So if anything happens turo covers it.
@@Tee-wd6jq I found that Lula and ABI Period X do off rent coverage.
@Tee-wd6jq what do you do if your insurance company drops you after an accident? How high will your premiums be with that on your record? Minor things I can see, but if it's totaled, or there are injuries, or other property damage, your insurance company is going to find out. Do business legitimately people. Stop trying to cut all these corners . Lol
How much should a Hyundai Tucson 2023 be rented out for in 2024 on turo ? What can be the monthly cash flow for it?
great video, I am new to your channel. I have been doing turo for a 6 months now with 2 Toyota Siennas that i purchased for a good price. I am also currently leasing a brand new 2023 toyota highlander. i want to try your business model with buying more affordable vehicles but i put on debt and put down most of my capital for the other cars. Do you have any advise how to finance more vehicles with a currently mid to low 600's credit score?
Thank you for sharing! I absolutely appreciate your thoughts and feedback on car selection for TURO. I am looking to become a host on TURO with a 2019 Honda Accord. Your thoughts?
Hey Aubrey! Why did you sell the Maserati after only 6 months?
@aubrey, if the Maserati earned twice as much as others in its price range, why did you remove it from your fleet after 6 months?
Hi there
I like your videos. I'm thinking about this business. I like it so far but, I would like to know how is the Turo’s customer service.
where do you keep all these cars? Im interested but live in an apartment and only have 2 parking spots. Can I hide them in local hotel lots and just move them around so they dont get suspicious? lol
Is this just the dallas area?
you mention you only have some cars in your fleet for 6 months... what do you end up doing with those cars? And why only 6 months?
I thought the cars that were slover 130,000 mike and 12years or older were granfathered in as long as you put it before it hits the 130,000 mile mark
hello you inspire me to do this but i have a question?? whast the diference about Turo and Hyrecar ??
Aubrey don’t listen to haters your special. I am a huge fan
Why can’t the 2011 models be used for turo after Dec 2023? You said you have a 2007 you still use…
I’l stick to Toyota/ Lexus, Honda/ Acura and Nissan/ Infiniti if I become a turo host one day
Why did you sold the Maserati?
ugh on the Hyundai ...I mean I love them but the recalls! I wanted to put my 2014 Hyundai Azera Limited on the platform but couldn't due to a recall (engine can catch fire so they say don't park in your garage) and to which there is no solution. Thank you for the great info!! I love your channel!!
I had exact year, pretty car, though not as pretty as your flowing hair, ha..ha! I ran into odd repairs on my hyundai azera same year, later sold her to President trump!
Thaaaaaaaaanks
Can Mini Cooper be a profitable buy for TURO rentals ?
My local cab company uses Toyota Sienna minivans, they have a fleet of 20, the one with the lowest mileage has 350,000 miles.
My bother’s friend’s mother’s cousin heard that one of her neighbors has a Yugo with 1M miles. 😂
Hello, why did you only rent your Maserati for six months?
Where are you purchasing these cars for those prices
I used to be a Maserati mechanic..... those $30k Ghiblis often come with $15k repair bills lol.
Thanks for the video Aubrey. Regarding the 2011 Ford Focus, I know you say they're much better than the 2012s and newer but how do they compare to your Toyotas and Hondas? It's all relative but I would think even the 2011 Fords don't compare. The joke has been that Ford stands for Fix Or Repair Daily. I wonder if that's true here. Thanks!
Given the fact that current used car market price is outrageously ridiculous. A relatively reliable American made is probably a better alternative. A 10 year old Toyota Corolla or Yaris in my area - Toronto, will be around 10K CAD. I mean a decent one without historical accident and can pass safety. Focus probably half that price.
Where do you prefer looking for cars to purchase?
You always say to buy around $10,000 below. I have been researching car prices for a few months now. First started when I was looking to buy my own car for other business use, which I then decided to buy brand new. Anyways, a car under $10,000 is a high mileage (+100,000 miles ). Does this mean you are suggesting buying a used high mile car? In my opinion and experience. Any car over 100,000 miles will begin to experience mechanical issues. This is why I decided to buy new because I did not want to risk buying a used bad car nor dealing with the stress of repairs. Can you please clarify prices and mileage in another video. Pleases share your experiences with high mileage cars?
"Where" do you shop for any of these cars?
Darn, I have a 2014 hatchback ford focus, that i want to start with
Our 2012 Kia Rio has been awesome on Turo
How much do you get monthly
what are the top 5 cars in los angeles?
Wow how many cars do you own lol... I'm thinking of joining Turo to have passive income. What car do you recommend to start with?
Ford Focus 2009-2011 they have most money in my fleet , mechanic friendly cars during sometime they stayed out .
Petrol or diesel
Engines?
So why did the Maserati leave your fleet?
Confused, you said to buy a 2011 Ford Focus now while still within the 12 year old criteria for Turo, but won't you not be able to use it next year? or is it that they have to be within 12 years just when you start using them, then they are in your fleet for however long they last?
The latter. They have to meet that criteria to join the platform for 1st time.
@@wealth101 ok, coll. Thank you so much for your content.
I have been hearing really bad feedback on Turo. Several people on TH-cam have left Turo because of horrible customer service and very bad protection. Do you have any videos on those subjects?
Friends get their own policy and coverage with their personal business auto loan. So you can handle it yourself and not with turo
The Yaris is a lot of fun to drive. More fun than any Mazdas imo
I live in a beach area so I think a small convertible might be a good idea. Looking for ideas about what might be the best choices.
I live in a beach area too. Mustang convertibles are popular with good ROI
@@NYGIANT85 Wish I lived near the beach... I"d put my midlife crises Camaro Convertiible on it LOL
I have 3 convertible Mustang, live in Southern California. And they get booked up like crazy
Why'd you sell the Maserati if it banks? I used to work at a Maserati dealership - I wouldn't wish a Ghibli on my worst enemy!
It got totaled
Just like you made an updated list of Turo cars can you make an updated list of turo friendly insurance companies? Not to be confused with the Turo protection plan but the actual insurance on the vehicle? What you've used and what you think has worked best for you.
Yes!
There is no such thing as a friendly tour insurance company because your cars are not covert under your insurance. They're only covered with turo when the guest is driving the vehicle. No insurance company unless it is commercial will cover tour of cars. Because you don't have to file a claim with your insurance company. You only follow claim with toro that's important that you understand that. Now by law you have to have insurance on your car so if you were to get pulled over by the police that's different but you don't do. Any kind of follow the claim or anything like that again sure insurance companies only against turo.
I am in Central U.S, & so far the only insuramce company that I've found that allows Turo shared drivers on the policy is Liberty Mutual. I started Turo 3 days ago, got a policy with Liberty Mutual, & have my first booking for 3 days on day 2!!
Keep in mind that If you do not tell the insurance Co that you're using your vehicle for shared driving, they can deny a claim in case of an accident. This is NEVER a good thing, esp. for major accidents (heaven forbid!). So, I believe it's wise to be upfront with an insurance Co & ask if they allow Turo drivers. At least you'll know to look elsewhere if they don't. And you'll be covered with the policy the right way. I wish everyone all of the best with Turo!!
I’ll save you the time: Liberty Mutual or Lula
Whats wrong with the kia rio?
I want an Audi Q8 or Q7 buut not for Turo I'm obsessed with 3 row too 😂❤good info
Q8 is only 2 rows
Hey so if I buy a 2011 ford focus right now and list it this week, come December 31, 2023 will I not be able to rent it on turo anymore if it’s already on there? Or will because it’s already on there will it be able to keep renting?
If it's rented before that date, it can stay, but it no renters, or if you wait to list after, it won't qualify
I have a question, so if I have 2011 ford, in 2024 I’ll be able to keep using it on toro? It’s grandfathered in?
Grandfathered in
I have good and reliable toyotas (too many) and I would like to rent them out. None of them qualify for Turo. What would you recommend if I wanted to rent out my 5 Gen 3 Prius and 2 toyota sienna vans (2004 & 2008). All paid for.
Hyrecar
I'd be willing to buy one from you.
You didn't link the other video for cars under $10k, just FYI.
Brother jams!!!
What about vans?
What of Mazda3.
Aubrey can cars with salvage titles be put on Turo.
no
I wish you would have told us how much profit these cars are making you so we know the actual numbers...
What is the headache with the Audi and BMW you mentioned in the luxury car category?
Expensive to fix when it breaks
Hyundai's and Kia's are being stolen wayyy to much in my area. Also , good luck with insurance.
what city?
How are you renting an 07 in 2023?
Turo came out in 2017.
Can I ask why you got rid of the ghibli after 6 months?
Too many maintenance issues
Also, should we buy car from rental company for Turo? Thanks
not unless you want to spend $$$ on maintenance. rentals are beat up from day 1. there is a reason THEY are selling them.
why would you buy a car that is no longer going to be accepted??