Nope. I myself believe it’s quite difficult to actually “lose” money on vehicles. Since it’s a reoccurring revenue stream as you can keep renting it out. Even if the mileage gets up there (factoring depreciation), you’ll still come out ahead since you can quite literally rent the thing out forever (“forever” might be an exaggeration, but you get what I mean ;) ) Keep in mind, you have to view Turo as an ongoing business model, and not “month to month” profitability.
Have you ever lost money on a car renting on Turo?
Nope. I myself believe it’s quite difficult to actually “lose” money on vehicles. Since it’s a reoccurring revenue stream as you can keep renting it out.
Even if the mileage gets up there (factoring depreciation), you’ll still come out ahead since you can quite literally rent the thing out forever (“forever” might be an exaggeration, but you get what I mean ;) )
Keep in mind, you have to view Turo as an ongoing business model, and not “month to month” profitability.