Hey man I’ve been watching all your videos. Great content! This one caught my eye. I plan to start my Turo business shortly. Just waiting for my LLC to come back. And then get the EIN. But maybe try looking into financing cars against your business credit and not your personal. It doesn’t hit your credit and things are a lot smoother that way. I’m located in Charlotte NC. Also look up LULA for insurance. Much cheaper for your fleet seeing as they specialize in Turo rentals. Hope I could help.
I appreciate that that’s exactly why I make the videos to help and learn from others. I know I could purchase a vehicle in my business credit but at the time I didn’t have that much business credit establish so I put it in my personal name. I thought about financing another vehicle, but I’d rather cash out on a car and not have to worry about financing, and for the insurance since it’s in my personal name, I just have it with my regular car through Liberty Mutual. Thanks for your support.
Yup, my 3 on Turo are financed. Going to grab more somewhere in may.. financed
@WLCR_843 2019 Rav 4, 2020 Altima, 2015 Prius. Rav and Altima with ABI 100/month each and Prius is still on personal which is 225/month. I just added my Prius on Turo this month and want to set up private rentals as well so that's why I haven't put it on ABI yet because ABI doesn't allow private.
@texasjatt7488 you really got a nice fleet i know those rav 4s make a killing and low on maintenance
How many cars do you have?
Right now just one but I definitely wanna get another this year just gotta make the right decision
🔥 content bro
I appreciate that. Definitely trying to work on my editing skills and perfect my craft. Thanks for watching
What’s your email bro
Love your content, thank you for posting this advice on financing vs paying cash for an auto.
I appreciate that a lot. I try to make content, relatable and helpful. There’s a lot of things I wish I knew when I was first starting off, but you live in your learn that’s why I want to help others and learn from others. Definitely stay tuned for more videos.