What People Get WRONG About Turo

Поділитися
Вставка
  • Опубліковано 25 лип 2024
  • Check out Fetch using the link below!
    fetchtruck.com/rent-my-truck?...
    🚗 Learn How I Turned Car Sharing Into a Six-Figure Semi-Passive Revenue Stream: www.thecarsharingmasterclass....
    __________________________________________________________
    Check Out My Affiliate Partners (I Make Money From These Links):
    🚓 Need Insurance For Your Turo Fleet?: www.lularentals.com/aj
    🚘 My Favorite Resource for Car Buying: joinyaa.com/aubrey-janik-reso...
    📍 The Trackers I Use: www.onestepgps.com/?Aubrey-Janik
    🎥 Check Out the Gear I Use to Make My Videos, Build My Van & Manage My Turo Fleet: amzn.to/3gBbxBE
    For Sponsorship inquiries, please contact: kyle@smallscreenmarketing.com
    __________________________________________________________
    00:00 - Intro
    What's up, you guys! In today's video, I will explain what people get WRONG about Turo!
    00:35 - Do You Need an LLC?
    01:33 - How I Rent Older Cars
    02:47 - Ad
    Check out Fetch using the link below!
    fetchtruck.com/rent-my-truck?...
    03:38 - No Money to Be Made
    04:45 - Taxes
    05:38 - Best Car For Turo
    07:56 - Fees, Deposits & Other B.S.
    09:03 - Insurance
    10:23 - How I Store My Cars
    11:48 - Turo Isn't Worth It
    12:53 - Accountants & Expenses
    13:27 - Damage Claims & Insurance
    17:01 - Closing
    I hope you guys enjoyed this video; make sure to hit the like, subscribe, and the notification bell, and I will see you guys in the next video.
    __________________________________________________________
    FOLLOW ME ON INSTAGRAM:
    / aubrey.janik
    SUBSCRIBE TO MY SECOND CHANNEL:
    / @aubreyhp
    __________________________________________________________
    Disclaimer:
    I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a UA-cam video for entertainment purposes ONLY. IF stocks or companies are mentioned, Aubrey may have an ownership interest in them - Please do not make buying or selling decisions based on Aubrey’s videos. If you need advice, please contact a qualified professional.
    #Turo #CarSharing #SideHustle

КОМЕНТАРІ • 26

  • @LuisVenturess
    @LuisVenturess Рік тому +6

    On my 2nd Turo car, going the economy route like you here in Tampa Florida , also just created my LLC aiming to have 10 by end of year

    • @joelvigil6012
      @joelvigil6012 Рік тому +1

      💪 💪 💪

    • @musicengineer08
      @musicengineer08 2 місяці тому +1

      How’s it going

    • @LuisVenturess
      @LuisVenturess 2 місяці тому +1

      @@musicengineer08 Currently at 10 cars purchased since this comment ! wow alot of ups and downs but i love it. Even added a porsche to my collection

    • @musicengineer08
      @musicengineer08 2 місяці тому

      @@LuisVenturess congratulations way to go I’m starting back up in Orlando trying to have 5 cars before years end

  • @deeb100
    @deeb100 Рік тому +5

    Thanks for sharing your video. Your video is so helpful. I’ve been a Turo host since the end of 2019 and it’s been a journey of learning so much things. Everything you stated was right on 😊

  • @tejpalkang4920
    @tejpalkang4920 Рік тому +1

    Your video was very helpful. I have 2013 car on Turo and was waiting for it to be delisted. I wasn't aware of the grandfather clause. Now I can rest easy. Thanks for the info!

  • @joelvigil6012
    @joelvigil6012 Рік тому +1

    I love your videos very loud and clear in a good way. 👍

  • @gdaddy2198
    @gdaddy2198 Рік тому

    great info, as per usual, Aubrey! thanks for all your research and reporting

  • @gamereactz
    @gamereactz 2 місяці тому +1

    My buddy had a brand new trx totaled while out on turo . .. he got 10k over what he paid lol rinse and repeat

  • @AntanettaMarshall
    @AntanettaMarshall Рік тому +3

    Nicely done! You covered a lot of ground here. Turo is working out just fine for me as well🤷🏽‍♀️

    • @republicandan
      @republicandan Рік тому

      there is a confusion between positive cash flow and profit. when she says that people that make 5 figures and have a small tax bill, it is almost certainly because they are cash flow positive BUT non cash expenses that lowers the true earnings

    • @AntanettaMarshall
      @AntanettaMarshall Рік тому

      @@republicandan you might have responded to the wrong comment. I didn't ask any questions.

  • @TheChrisAye
    @TheChrisAye Рік тому

    👏👏👏 Love the content. Keep it up!

  • @StoverEnt
    @StoverEnt 8 місяців тому

    Awesome content! Thank you

  • @suer3818
    @suer3818 Рік тому +1

    Omg, I LOVE your sweatshirt!!

  • @washingtonigboeli8727
    @washingtonigboeli8727 7 місяців тому +1

    who do you use as your accounting and for your bookkeeping?

  • @mjsteelersnation
    @mjsteelersnation Рік тому

    What is your opinion on financed cars as it relates to commercial insurance?

  • @ivanfromtexas5858
    @ivanfromtexas5858 Рік тому

    I don’t have a secondary car to list on Turo. On the contrary, my spouse and I have WFH jobs and rely on a single car for our day to day lives (daycare, groceries, soccer practice, karate practice, etc). So, should I finance a new economy car just to get into the Turo business? I was also thinking going big with financing a 2023 Tahoe or Yukon, bigger profit margins. Need help!

  • @rjsalamanca7534
    @rjsalamanca7534 Рік тому

    I have an add on to question of where do you store all your cars. What did you used to do when you were on vacation?

  • @seamusobrien2675
    @seamusobrien2675 Рік тому +1

    Interesting. Uber has about half a year ago taken over our version of Turo (Carshare) which has a much more evolved model of peer sharing. Your insights are really interesting as I build my fleet (sic) from 1 now to 4. Love your work and thanks for the insights.

  • @ralphbuysyourcar
    @ralphbuysyourcar Рік тому +2

    Insurance companies pay based on what on what it costs to replace your loss. A profit off a loss is definitely possible depending on when you bought your car. People that say those things have absolutely no idea what they're talking about. Insurance agent for 25 years with a degree in insurance and risk management. Again anybody that told you that is absolutely clueless and as usual jumping to conclusions without FACTS!

  • @oleradiodudea.m.4735
    @oleradiodudea.m.4735 Рік тому

    12:29 the word failure is misspelled.

  • @myronhelton4441
    @myronhelton4441 Рік тому

    In the 2008 stock crash, I bought a brand new Hyundai for $5,000. You are a very nice interesting lovely gal talking about cars. Today, 6/8/23, unemployment picked up from 221,000 to 251,000. Other reasons car prices are high is because work had picked up & used cars by now are totally worn out, so that makes dealers charge more to find a better used car. I think car companies are being ordered by the deep state to make too many new cars, so to keep the economy growing, then when the usual October crash hots they will sell the cars cheap. Cars are so worn out by people keeping their cars that it will be years before good used cars can be found. I dont think the crash will make cars as cheap as people thinks, but it is nutty to buy a car now, when the crash is a few months ahead. Car prices are rediculous as hell in price, no way in hell will O buy a car now, but some people have to. Watch wages fall like crazy. The new foodstamps cuts inless one goes to work cant afford a car, so they lose foodstamps. Walmart gets less business & lays off workers to lose their healthcare insurance. That will cause colleges & hospotals to close, losing their healthcare jobs & cars & homes

  • @WakingReality
    @WakingReality 4 місяці тому +1

    Reject Turo and embrace private dealings with A.I. assistance for greater earnings and reduced risks, allowing you to achieve a substantially higher income. 💰 😊

  • @javlonbekbutabaev6702
    @javlonbekbutabaev6702 Рік тому

    Who tried to pinch in the video?