The US, Canada (outside of the northern area, except for Alberta, British Columbia, Nova Scotia, Ontario, and Quebec), and the UK all provide Turo car rentals. Remember that although if Turo is less prevalent in some nations than other peer-to-peer car-sharing services, you can still plan a trip with a commercial host in these and other places across the world.

How to get started with Toro?

Turo helps local car owners make money from a vehicle that could otherwise go unused for long periods of time by matching them with persons in the community who need a vehicle. All you have to do is sign up for a Turo account, register, and list your car on the Turo website or mobile app. Listings feature images of the vehicles, summaries of their fundamental components, information on optional extras like specified pickup locations, and owner ratings.

The numerous plans that determine what percentage goes to them and what goes back to Turo are then chosen by Turo hosts. Additionally, making a reservation online or via an app enables direct communication between the owner and the renter.

The Benefits and Drawbacks of Renting a Car on Turo

Benefits

1. More Bookings

When you live close to an airport or a major city, or if Turo is quite well-known, you may receive a lot of bookings. Expect your vehicle to receive a lot of bookings as well provided it is reasonably priced, available, and offers specific amenities.

2. Easy to use

Being a host on Turo’s website or app is simple to register for. The user interface is intuitive and simple to use, particularly when using functions like editing, messages, bookings, and payment. In addition, you can specify the rental conditions and the availability of the vehicle.

3. Insurance Protection

Turo has five different types of insurance plans on their platform which covers host, like Keller Hotels,  if renters damage property or cause bodily harm to other road users while driving.

4. Free Registration

There are no hidden costs associated with signing up with Turo, including no background check fees. It is as easy as creating an account on the website and adding your car.

Drawbacks

Larger Commission Fee

In contrast to Airbnb, Turo charges a hefty commission of 15 to 40% of a single booking, depending on the host’s protection plan. However, about 8% of the booking fee is still charged to hosts who choose to forego their protection plans in favor of their own.

2. Customer Service no responsive in some areas

For lesser issues like a late pickup or return, Turo’s customer assistance is dependable and available around-the-clock. However, the procedure for filing a damage claim requires that you first open a ticket for claims and wait for the company’s response via email, which could take a while to complete. As a result, the entire process may end up being very frustrating.

3. Exclusivity Agreement

Being bound by Turo’s exclusivity agreement prevents all listed vehicles from being listed on other car-sharing platforms, which can be a drawback. Additionally, the business will charge a fine or close accounts if the agreement is broken.

4. Damage Claims Terms unfavorable

Even though Turo provides insurance for your car, you only have a limited amount of time to file a claim for damages. Accordingly, you will only have 24 hours to report any damages. As a result, it’s crucial to give yourself enough time to check the car before the renter picks it up and to remember to take pictures both before and after they return it.

5. Your cars Interior Wear and Tear isn’t Covered by Insurance

Remember that not all insurance policies cover wear and tear, so if you decide to sign up, your car will wear out more quickly than if you kept it for personal use.

Source: Hostaway