I Rented 5 SUPERCARS On TURO And THIS Happened...
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- Опубликовано: 25 авг 2024
- I rented 5 super cars on Turo to see how profitable it is for the car owners!
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Videos Mentioned:
How To Own A Supercar For FREE | Turo Side Hustle
• How To Own A Supercar ...
How Much I Made Renting My Tesla Model X On Turo
• How Much I Made Rentin...
This is a 3 part series, with this being the third part. In part 1, I learned about the Turo car rental process, in part 2, I rented out my Tesla Model X, now in part 3, I rented out 5 supercars!
The first car I rented was an Audi R8. I drove it for a day and gave you my thoughts on it! When Tuesday came around, I rented a 2020 C8 Corvette! I also rented out a Porsche and I loved it. Next up was the Mercedes AMG GT.
![Eminem - Somebody Save Me (feat. Jelly Roll) [Official Music Video]](http://i.ytimg.com/vi/Vwa0HenQMi4/mqdefault.jpg)
For those wondering about all the other costs such as insurance, depreciation, maintenance, and Turo fees, we talked about them in Parts 1 and 2!
The German Girl in America RUclips channel has videos on how to pronounce these German brand names correctly:
Part 1: ruclips.net/video/PGx5lEDLC4Q/видео.html
Part 2: ruclips.net/video/uVya6ivYTDg/видео.html
hi all i will be making my new youtube channel where i show you how i buy and sell and REPAIR rolex audemars piguet, cartier watches and make a quick profit as a side hustle while you start to earn your real estate wealth! thanks and be safe everyone going through these tough times
You can't count $100 delivery fee as a profit - that's the price for Lyft/Uber to get home. Considering that you have to spend an extra hour each time delivering the car - it's a hassle.
How do they ensure they arent stolen? How accurate is GPS?
New to your channel. I've watched a dozen of your videos by now. I have to say this is the first one that disappointed me. That 2015 Audi R8 Spyder is a 2015 Audi R8 Spyder. It's the 1st-gen model. The 2nd-gen model is what you should have tried. Try one and all of the complaints you had about the one you drove, will be gone. Well, all but the complaint about the soft top looking cheap (FYI: All but 2 of the most expensive convertibles on the market, are soft tops. That include the most expensive, is a Rolls Royce). One of the best things about the 2nd-gen R8 is how luxurious the interior feels and smells. As for tech, check out the nav-center.
Comparing a 2015 model year to a 2020/2021 model year, it all came across a bit shady as if this was actually promoted content. Just being honest.
Dude I have to say you are becoming one of my biggest roll models, Iv been flipping furniture since February and Iv made over 6k now I’m starting Turo because of you. You’ve literally helped me and my family survive. I’d love to talk someday brother! Keep it up you are awesome.
He dropped around $2k for this video. Respect the hustle
tax write off lol
More with the videographer
hi all i will be making my new youtube channel where i show you how i buy and sell and REPAIR rolex audemars piguet, cartier watches and make a quick profit as a side hustle while you start to earn your real estate wealth! thanks and be safe everyone going through these tough times
This is Ryan just low key wanting to monetize him driving some super cars 😂😜
Always getting creative with making money and having fun!
hi all i will be making my new youtube channel where i show you how i buy and sell and REPAIR rolex audemars piguet, cartier watches and make a quick profit as a side hustle while you start to earn your real estate wealth! thanks and be safe everyone going through these tough times
😂
The C8 Corvette Hard top was awsome. Great Series!
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hi all i will be making my new youtube channel where i show you how i buy and sell and REPAIR rolex audemars piguet, cartier watches and make a quick profit as a side hustle while you start to earn your real estate wealth! thanks and be safe everyone going through these tough times
What this guy is forgetting is the cost to maintain these cars. You're not really paying them off that fast just because there are maintenance costs, as well as depreciation.
the effort it takes just to keep them looking that clean is ridiculous
New cars will be under warranty and you can work out the maintenance cost and schedule.
Dude, this Turo series was straight up filmed like a TV show. Your production is getting out of control! Keep it up, can’t wait to see more series like this :D
Agreed! lol Impressive!
The 15 day assumption is my only qualm with this video. I’d like to know more detailed perspective on realistic demand for their vehicles
It depends on the area, big time
Yep. Recently there has been a major slow down on rentals in Atlanta. Some of mine are only getting rented once or twice a month. Also, I find the sports cars being more irresponsible drivers.
@@geaninabullock6609 thanks for your feedback 🤔
@@geaninabullock6609 Once or twice, as in one or 2 days? Or once or twice for a week each time?
@@revirdkcalb did you not read? they legit said a month. 😮💨
I think the corvette is the car you get your the best bang for your buck. The performance is insane, exterior is aggressive(looks like a super car, interior is a huge upgrade from the C6 and C7 generation. You can get the targa top which has the clear engine bay or get the mechanical rooftop as well. Prices right now are around $70-$90k because of markups but that’s still a good price for what you’re getting. But you can’t go wrong with any of the cars in the video except I would get a coupe R8 and not the spyder (;
$60K for a 2020 corvette? You can't find them under $98K.
Right 100 n up
Corvette 1LT
A friend of mine rents out his 2 jet skis for 400 each a day. His jet skis only cost around 10k each.
Where does he rent them out?
Does he rent them out on Toro?
He advertises on facebook as far as i know.
hi all i will be making my new youtube channel where i show you how i buy and sell and REPAIR rolex audemars piguet, cartier watches and make a quick profit as a side hustle while you start to earn your real estate wealth! thanks and be safe everyone going through these tough times
C8 vette was my favorite bro how can you go wrong with a 60k investment on a supercar that pays its self off in 1 year! Average person will drive 400-1k miles x 3-5 renters! That’s literally unbelievable I’m contemplating starting a small turo bizz to go along with my Airbnb bizz and home Security bizz! Genius thanks for the content bro
I also wanna get into Turo and Air BnB
nah dont buy the corvette buy the new ford electric truck, thats if you want to, you set for life, 6 companies is incredible
I’ll have to look into it!
We just watched him test-drive his next car purchase and he will be using this as a tax write-off... Brilliant!
These cars will get high miles and that will depreciate it and there is maintenance that will rack up.
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I would drop dead playing a drinking game if the phrase was "with that being said." You have GOT to strike that from your vocabulary.
I would go with the C8 or AMG GTS :)
Which Jeep was that ?
@@MakeupDivaMesha Jeep Gladiator 6x6
Get that Taycan with options you like Ryan!!
@@petrol818 How so?
Great video content. Do however have one issue with the calculations of paying off the vehicles and that is because you’re not factoring in someone taking any money for themselves paying themselves for the work that they’re doing throughout that time frame. So while yes if they took no money they could pay the vehicle off in two years who’s really going to sacrifice doing free work for 24 months? That’s a pretty steep expectation what are your thoughts?
When the demand bubble eases. that extra $10 over msrp will be pure loss, that portion won't depreciate like the base cost does. And 50% utilization is pretty optimistic. If you average ervrey weekend plus one weekday that's 38% utilization
I can't even believe how much your videos hold my concentration! Your video's are sick!!!!
Ryan saying his hair might get messed up with the convertible 💀
😁Wouldn't it be better to just buy them used? That way the fast depreciation already took place. You could buy a 3-4 yr old car for 35% off the new price and still charge the same as a new car. In my opinion I think generally the average person isn't going to care about how many miles the cars have. They just want to experience driving one around. What do you think?
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Warranty.
Luxury vehicles are notoriously unreliable. You really want to buy one with a dealer warranty.
It’s “oww-di” as in “oww, I hurt my leg”
Love that this is a serious choice to share and with just 16 days sharing the tesla gets over 3k profit!
Depending on your budget, I think you should try some more expensive cars. Personally I love the 2021 Porsche 911 Turbo S, it's so fast! I would say it's almost comparable to the Lamborghini but, definitely more comfortable to drive and very usable as a daily driver. It's not a 4 door though.... so that might be a deal breaker for you. The Taycan Turbo S is also a fun one, not as fast as the 911 but, faster than the Taycan model that you drove. I'm excited to see what you end up getting. This series was done very well! I really appreciate the breakdown of the numbers for each of the cars you drove and rented out. I have been considering creating a Turo fleet for a while but, I've been hesitant to start. These videos answered a lot of questions that I have had.
I WISH mine rented out for 15 out of the month. I rent supercars on turo and it's a mess. 4-5 days max. we actually lose money from damage claims to maintenance on these. my most profitable car is actually a Model 3!
Finally, I read a post that talks about the reality of Turo. I ran a "shooter" fleet for a reason 😎
@@rodneyramos9101 it was Great video by the way and shows the ability to leverage Turo! But i would suggest anyone trying to PROFIT to be wary. TURO breaks me even on a 911 and a i8 every month but far from making an economic “profit”
Totally agree about the soft tops.
Cars with less “tech” ages better than cars with a lot of tech. Technology ages and becomes obsolete really fast. Which is why Lexus, Bugatti, Ferrari, Lamborghini and some other luxury car makers don’t put a lot of tech in their infotainment system.
Great series man thanks for posting !
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You should make a video about crypto mining, to figure out if its profitable
Good idea!
Nodes pay more than mining. I know several people making over 1m a year from Strongblock nodes.
@@RyanPineda would love to see that
There are definite geographic differences. Las Vegas is a vacation hot bed. People arrive, ready to drop some money and wanting to really enjoy themselves. Try that in the Midwest, and the numbers will likely look different. On that note, I’m contemplating a used Tesla Model S 100D and see how Turo does in Minnesota. Boneheaded move? We’ll see (probably, yes).
1) you don't get 100% of your listing fee from Turo. 2) 15 days per month is very rare for supercars. Please don't mislead viewers with obviously inflated numbers.
That red C8 is sweet!
For sure!
Thank you for this video it’s hard coming across fun Turo videos
Lots of assumptions in the video and many of them are wrong. They don’t make nearly that much and they get none of the fees except deliveries.
Video quality in this video 📈 very nice b roll I can c y’all went the extra mile
9:41 Anyone else think the logo on the tire lookin like a Swastika? 👀
Thanks Ryan! I appreciate your content!
Dang thanks for Putting the work in.
For sure!
Dude almost every credit card covers full rental car insurance. You got got. Thats illegal of them
Not on turo, bro.
Awesome cars, Ryan! If I would pick a car that you drove, I say it would be the Lamborghini. Thanks a lot for putting it on youtube!
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Great video, I'm taking notes as a content creator
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I've been thinking about this Turo for a minute now, may have to look into it even more seriously now!
Go for the C8! Beautiful car with hard top and clearly the money will stay in your pockets! =D
rent a car out for a year, and get it back with a fuck ton of scratches
That’s what I’d be afraid of.
Great video! I subscribed
Should have floored the Taycan. Taycan acceleration absolutley smokes every other car on take off.
Great vid, and loving those familiar LV locations ;-)
I love your content man! motivated me to start my own channel!
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On Turo's website it states that when renting out the car your cut will be 60-90%. It seems that your calculations are assuming 90%. Where you able to find out the criteria for the different % cuts?
His calculations are about 97% profit lol..which is not…. These cars are probably at 75% host takes and 25% Turo takes
You've gotta try the Plaid Model S next!
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Don’t get a 8 year old Audi to compare its tech to a brand new corvette
This was awesome 👌
Lowkey if you don't make as much as the car is worth or close your gonna have a ruff time since these cars cost probably 10 to 35% of repairs of the cars Wirth
I would never rent out my supercar to anyone, that's nuts. Why would you let somebody else put so many miles on it? it would lead to wear and tear and those aren't cheap fixes on a supercar + your car would depreciate the more miles it has on it. I don't think people understand the full cost of ownership of a supercar, it's more than the just the sticker price.
The R8 is an audi. Maintenance is cheap. $300 for maintenance. Tires are the biggest expense at $1500 (maybe every 2 years). You can get good aftermarket brakes (non ceramic) for $1200 and this will last a long time.
You can easily get a warranty for the Audi R8 too.
Yeah man or just finance an used Mercedes e class or tesla those cars r consistance and people buy those if u finance an Mercedes c class for 3 year u would pay 1.5k per month and earn 4k plus and after maintenance 2k plus profit
You should buy a blue corvette
Great video 😬 making me want to start looking into Turo
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You should have checked out the Cadillac CT5 V blackening. Power and comfort luxury and 4 doors
This is not a bad business. There are a lot of other equipment rental businesses to get into as well. However, I think the goal should be to start your own business and not work with Turo long-term as they take a big cut and their prices are low.
That Mercedes look pretty nice! Great video!
Thanks!
Lucky is the automotive goat 🐐
💯
Amazing content Ryan, a fan of yours from the Bay Area. Gotta love the porche, lease it 3 years, they cover maintenance and electric car tax deduction. Can't go wrong with that. Are all these people leasing new model cars or buying?
The R8 was a 2015 tho that’s probably why it wasn’t as up to date as the C8
Test the BMW M8 Competition, Audi RS7, and Mercedes GT 4 door. Seems like a better fit for you
Great video
c8 seems like the best value
Lamborghini by far
Thx for the videos , they weren’t pointless and I don’t feel like I’ve wasted 2 hours binging pointless content.
Where the hell can I buy a corvette for 60k
wondering if a red car is the color to invest in getting started. seems like it's really eye catching
Lamborghinis are uncomfortable to drive as a everyday car.
Entertaining as always! We just changed our channel to a VLOG style to keep up with amazing content like this!
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I am on Long Island in NY and we still don't have Turo. Only NYC has it. Wondering what they are waiting for???
Nobodies talking about maintenance expenses. Just big gross income
Check out the koenisegg Gemera! Its a “4 door” hyper car but with two doors. If that confuses you you’ll have to look it up!
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Ryan, you should invest in Dragana and their Turo fleet.
Lol I just saw the prices of the Lambo on Turo, non cost more than 1200 $ a day. There is even one for 700$ a day. Is this a scheme???
If it was me regardless of the money I’d get the Lambo. If it was a 4 door the Merc 4 door GT is a good choice
To each his own!
Very true!
So w/ Turo, a percent of your money is taken by Turo for insurance.
The Corvette is pretty sick!!
Corvette stingray is the best looking out of all of these bunch.
Damn angela white into cars godammnn 8:37
That AMG GT thoo 🔥🔥🔥
Maintenance alone will fuck you over with these cars
Great business ideas !!! 💡
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A Huracan is my Dream car but I will definitely get a C8 and then probably trade both my Camaro and soon to be C8 for a Huracan 🙏
Im 18yrs rn
How $90000 gross for R8? If rent for $4500-$6000 /month = 54000-72000 /year.
Cool
You're assuming this car is renting out 15 days a month with out any actual facts. A car that goes for $450 dollars a day is most not likely going to rent 15 days a month. You are probably going by the what an average car rents which is no where near what a $450 dollar a day car rents for.
I'm in Vegas and trust me the turo market is on fire, and you can almost guarantee a delivery fee on almost every rental since 90% of the rentals are from tourists who have no way of picking up the car
2017 Toyota Corolla makes 3k a month 🤣
My cars are doing better than my rental properties
if you like the amg gt but want a 4 door they make an amg gt 4 door
Turo will take 25% from gross you generate.
Just saying it’s not fair to compare the tech of a 2015 model year car to a 2020 model year.
You should rent the shelby gt500, love to see what you think of it
400 dollars minus Turo's cut. Could be up to 40 percent
I also got Batmobile vibes from that car.
The corvette was my favorite
Sell your tesla and get the porsche for your daily and then get the amg for your super car. That way you get the best of both worlds.
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I love the new vette
It’s sweet!
that all sounds great, whats the math on cost of running this business? I assume the car will be repair and maintenance? insurance cost? etc
Which one would you do turo or Airbnb?