Great video thanks buddy . Have a question: What platform do you use to promote the rental cars on the internet? How can i increase my reach to the customers?
Thank you so much for this educaiton! I am 19, and I am looking to save money to start a fleet on turo of economy cars. I want to start small, and build up over time to develop a steady stream of passive income. Currently I am still in the saving money phase. What are some tips you would give me right now, and for the future? Much appreciated 🙏
Nice work. I just sold my 2nd car to a 2 month long renter. I had a platinum white tri-coat fusion hybrid that was damaged and sitting for a while from a turo accident. I didn’t fix it because it’s pretty hard to match that color and have it look good. I bought the same color matched car and the 2 month renter was okay with me taking the perfect parts to fix mine. I put some decent painted ones on and he took it no questions asked lol. I made money money from the rental, sale, and I got my car back online lol. The guy now wants me to help him find another car for his wife.
@Stefan Marquardt i want to ask. Do you do the oil changes filter changes yourself? Did you do the bodywork yourself? If someone say scrapes your car when its rented out. Do you send it to body shop? Thank you
Hey bro! Love your videos. Could you do an in depth video of how you got your original business loan to start up the rental business? Its my understanding that you can’t get a loan for a business without prior proof of income on that business
Do you recommend financing a car to rent out on turo half the time and driving myself the other half? I currently don't have a working car so I'm weighing options. If I save money and wait...I'll be spending about $20-25 a few days per week using uber to get to work
I have a 2012 and a 2014 I been running for 3 years, haven’t had an issue but those transmissions are very cheap to purchase. I also have 2 2016 Malibu’s but had them almost a year so I’ll need more time to test the durability. Sounds like a good video idea
@@StefanMarquardt the 2016 to 2018 Chevy Malibu are years with the torque converter issue in the new body styles mablibu. Everyone in the hood of atlanta love them, but them sob will drive the hell out of them
It’s just like any other game…you need to learn, test your hand then revise the strategy. It’s all based on the individual honestly. I see females that are not mechanically inclined in the slightest able to sell few cars a week.
Thank you for taking time to reply. Am looking to start Turo but I have minimum funds right now so when you mentioned co hosting I thought that’s a good route to start with inorder to collect money
Kill switches are not legal in every state and you can lose your ass on floor plans if you don't know what you are doing... Definitely not for beginners...
this is very misleading you should be ashamed of yourself. How do you call floor plan "very small" interest when they charge 10 percent monthly that's over 100 percent a year? no such thing as flipping without using your money , doesn't cost cost Money to open a car dealership? you are so off you should delete this video
![How To Flip Cars | FULL PROCESS [10]](http://i.ytimg.com/vi/pwzfgn_8un8/mqdefault.jpg)
Best content brother !
Great information. I was wondering what state you are in. I’m not sure if California is the right market for higher mileage older cars.
Great video thanks buddy .
Have a question: What platform do you use to promote the rental cars on the internet? How can i increase my reach to the customers?
Turo is a great lead magnet and I also have flyers with QR code and a google site that has a rental link directed back to my Turo profile.
@@StefanMarquardt can you share that google site please .
Thank you so much for this educaiton! I am 19, and I am looking to save money to start a fleet on turo of economy cars. I want to start small, and build up over time to develop a steady stream of passive income. Currently I am still in the saving money phase. What are some tips you would give me right now, and for the future? Much appreciated 🙏
Nice work. I just sold my 2nd car to a 2 month long renter.
I had a platinum white tri-coat fusion hybrid that was damaged and sitting for a while from a turo accident. I didn’t fix it because it’s pretty hard to match that color and have it look good.
I bought the same color matched car and the 2 month renter was okay with me taking the perfect parts to fix mine. I put some decent painted ones on and he took it no questions asked lol.
I made money money from the rental, sale, and I got my car back online lol. The guy now wants me to help him find another car for his wife.
That’s really how you maximize profit using turo 👏
@Stefan Marquardt i want to ask. Do you do the oil changes filter changes yourself? Did you do the bodywork yourself? If someone say scrapes your car when its rented out. Do you send it to body shop?
Thank you
Thankyou for the video ! I currently buy and sell a couple cars a year , looking to expanding and getting a dealers license.
Yea man it’s a game changer having the license
Hey bro! Love your videos. Could you do an in depth video of how you got your original business loan to start up the rental business? Its my understanding that you can’t get a loan for a business without prior proof of income on that business
Thanks for watching! You can actually get a business loan with a personal guarantee as long as you have a strong credit profile.
Awesome Breakdown
Thank you 🙏🏼
Can’t find any information what is better, auto pricing or if you put the price yourself, any advice?
Great video and advice!
great info, curious if you rent yours on turn, how do you feel about Carsync no longer being available
I use car sync a lot, I rather keep it but all my competitors who use it will be out of luck as well so the playing field is still even 🤷🏽♂️
Good break down
🙏🏼👍🏼💪🏼
Smart
Great vid, is rental still profitable when financing given that interest is higher and higher ?
Yes it is, might have to stretch the loan out or put something down…I mostly buy cash cars right now though
Hey man you gave me a turo chat early 2022. Im doing great now !!!i want to get in contact again. i considered you a mentor man!!
Where do you buy cars that don’t have a salvage or rebuilt title.
I buy mostly at dealer auctions....but I also buy off Facebook market
Do you recommend financing a car to rent out on turo half the time and driving myself the other half? I currently don't have a working car so I'm weighing options. If I save money and wait...I'll be spending about $20-25 a few days per week using uber to get to work
Financing can work…I would keep the monthly payments around $300 so definitely a cheaper car.
i really dont like the chevy mab because of the transmision
I have a 2012 and a 2014 I been running for 3 years, haven’t had an issue but those transmissions are very cheap to purchase. I also have 2 2016 Malibu’s but had them almost a year so I’ll need more time to test the durability. Sounds like a good video idea
@@StefanMarquardt the 2016 to 2018 Chevy Malibu are years with the torque converter issue in the new body styles mablibu. Everyone in the hood of atlanta love them, but them sob will drive the hell out of them
Good video 👍🏾👍🏾
Thank you 🙏🏼
Good video but I'm not sure everyone would be able to get a dealers license and go to auction and know what they're doing lol.
It’s just like any other game…you need to learn, test your hand then revise the strategy. It’s all based on the individual honestly. I see females that are not mechanically inclined in the slightest able to sell few cars a week.
What websites have co hosting
I see some random companies on IG Co hosting but I don't have any experience using them. Are you saying you're looking for someone to cohost for you?
Thank you for taking time to reply. Am looking to start Turo but I have minimum funds right now so when you mentioned co hosting I thought that’s a good route to start with inorder to collect money
Kill switches are not legal in every state and you can lose your ass on floor plans if you don't know what you are doing... Definitely not for beginners...
All facts
Bro, I love the Content, is there a way to contact you via email or something?
this is very misleading you should be ashamed of yourself. How do you call floor plan "very small" interest when they charge 10 percent monthly that's over 100 percent a year? no such thing as flipping without using your money , doesn't cost cost Money to open a car dealership? you are so off you should delete this video
Definitely not 10% a month….wouldn’t be talking about it if I was using it myself.