Welcome back. We are going to be teaching you on TURO about this video but if you need an
entire course on how to put your car on TURO, exactly how to do it, exactly what to put in your
description and exactly how to make the most money, I have an entire course that I created
just for you and you can get it absolutely at a great price, just go to c, like car, r
like rental, fortunes. f-o-r t-u-n-e-s.com. Again, an entire course on TURO just for you.
Now, let's get into this video. So, the first thing that you need to know before ever putting your
car on TURO is what is TURO? What is the purpose of TURO? How do they make money? How do you make money?
So let me break that down for you. First of all, TURO, spelled t-u-r-o.com is a site that is very
similar has the same purpose that airbnb.com does for properties. So, you can put your personal car
on turo.com using the app. You can be someone that puts your car on TURO and people will rent
your car from you and pay you a fee. Very similar to a rental car company. So, in fact, if you have a
car that you're not driving or you only drive your car to work and on the weekends, you want
to rent it out to other people, you literally can do that and charge them a fee. Additionally,
you can make an entire business out of this and you can start with just one car and you can grow
it and have multiple cars on TURO and make lots of money per car on TURO. So essentially,
TURO is a place where hosts can put their car on TURO, on the website and they will find
people that want to rent the car for a nightly, daily rate. Additionally, if you want to rent a
car and you don't want to go to enterprise or Hertz or Avis or traditional rental car company,
guess what? You can go to this app, turo.com, the TURO app and you can rent people's cars
and in many cases, it's a lot cheaper than it would be than renting from a rental car company and you
get different types of cars. So, instead of just getting a Chevy Malibu you know or a Lincoln town
car which most rental car companies, have you can get cool cars like this one. You can get a Tesla.
You can get a Porsche. This is a 2020 Porsche Cayenne.
They don't even make that many of these and I put cars like this on TURO and I make tons of money.
Not only people just drive the car you know for their own personal use, I have people that rent my
cars for music videos. I have people that rent my cars for modeling shoots and for different
things that they're doing in their business. If they want to rent a beautiful car because they
have this great business meeting that they're going to and they want to drive a Tesla or a
Porsche or a Cadillac Escalade or an Audi, we have all of these beautiful cars and then we even have
plain cars like Honda accords and Altima's and Jeep Grand Cherokees that we put on this website and we
make money with. So, you can put different types of cars on TURO, that is what TURO is for so
that explains TURO now let me get to the second point. Number 2, how does TURO work? Let me tell
you and explain to you how TURO works. So the way that TURO works is. If you are a host again someone
that is putting their car on TURO, someone that is an entrepreneur using TURO, someone that is
making money with TURO, this is how it works for you because that is what we are talking about.
The first thing that you will do of course is you need a car and you have to have a car that is a
certain year and a certain mileage. They will not let you put cars on TURO that have more than 130
thousand miles at the time of this recording and it has to be newer than I believe it is a 2013. I'm going
to actually put TURO's current guidelines for what they want for their cars. So, most cars do fit into
this. Now, let's talk about making a business, how it works as doing this as a business. So once you get
your first car on TURO, you just list the car, it helps you take the pictures, it tells you to put
the mileage, it helps you along the way as you are putting that car up there. It's going to tell you
tell me how many miles it has, tell me what year it is, tell me what the color is, tell me the vin
number. Actually when you put the vin number in, it actually pulls in a lot of the data
and then you just take some professional pictures and even some videos and if you take a picture
of your license plate, it will block that license plate out. TURO is designed to help normal regular
people put their cars on TURO so that they can have millions of cars on TURO and what they do
is they will take a portion of the money that you get. So let's give you an example. I have this great
2021 Range Rover. Land Rover Range Rover and it rents for $299 dollars
a day on tourists, that's 300 dollars per day approximately plus gas fees, we'll talk
about some of those things, washing the car. If people don't pay, I get to charge more things
and the thing about it is even if I have this car rented just 10 days a month, just think about that.
I've made over 3,000 dollars, okay, and the cardinal on this car is very high. It
is a 2021 Range Rover so it's like a $1,500 a month car note but it's still profitable so that's how
it works and every time I get a booking, TURO takes a small portion. So if I'm charging $299
a day, TURO may take 5 or 10 dollars per day from the booking and they take that directly from
the person. I don't see anything and they actually charge a fee and again you can eat that fee or you
can charge that to your customer or the person that runs it and it's your decision. So, the great
thing about TURO, how it works is you get to really be in control. They have a few rules, again we put
them here, but you get to be an entrepreneur and you can put multiple cars on TURO. So, let me tell
you some more things that you should know because it is an excellent business but I want you to be
careful in this thing so let's get to the next one. Number 3, insurance. When it comes to renting
your car on TURO, insurance is very important. This is one of the things you definitely need to know
before you get your car on TURO. Make sure that you understand and know this so the great thing
about TURO, this is an amazing benefit. TURO actually has their own blanket policy
that they cover the cars with so if you have an accident or something like that or someone driving
your car and they have an accident, they will actually file a claim with the insurance policy
through TURO. Currently it's liberty mutual, again it's a real insurance company, again it could be
state farm or farmers by the time you're watching this but it is with a real insurance company and
that is who they would file the claim with first, okay? And most people are encouraged to take the
insurance with the TURO, okay, just like with any rental car company. Have you been enterprise or
hurtz or Avis they ask you hey, do you want this insurance? Well the great thing with TURO is they
automatically put that in for people and they actually have to take it out when they're booking
your car that they don't want the insurance through TURO. So 99% of your bookings, mind you, they
have the person has accepted the insurance through TURO. Now if they don't, okay, and this is a risk, you
can actually say you don't want people that don't take the insurance, that's an option, okay, but if
you do accept which I do then you would still, if they crashed the car, they would be supplying
you their insurance company information which you have and they have to have full coverage that
gets verified before they take your car. You would call their insurance company and you will file the
claim with their insurance company before you ever actually filed it with your insurance company. Now,
disclaimer. Noelle is not an insurance advisor. I am not an attorney. Please check with your
own person before putting your car on TURO and your risk. I assume no liability or risk for
you putting your car on TURO but hand to the sky, I have 11 cars and we have had no major accidents.
Yes, little fender bender, little knicks and stuff here, not even a fender bender not even where
they damage the bumper but just like scratches and things like that. We get a lot... we have gotten
some wheels scratches and things like that but we literally make more money when this happens
so let me get into the next thing because this is important. Again, your car needs to be insured, TURO
has insurance for you, the person driving the car has insurance so there are actual insurances that
would ever get called on and a claim filed on before they hit your insurance policy. So, it's
an amazing thing that they've set up, very similar to how properties work with Airbnb and things like
that so let's get to this next thing. It's exciting. Number 4, types of cars. One of the things that
you need to know before putting your car on TURO is the types of cars that do well on TURO and
it is amazing. Okay, so depending on the type of car that you have, you can actually put
all different types of cars. You can put small cars like Honda Civics and Nissan Sentras and some
of those cars actually do very well. In fact, we have some cheap little cars you know like Nissan
Sentras and Versas and things like that and they actually stay rented. Now, they do not rent for a
lot per day. I know I gave an example of a Porsche and Range Rovers and things like that. No, you are
not going to get $300 a day for your Nissan Versa. okay, that's a small little car that's going to get
you about $25 per day but know that those cars stay rented most of the month if you do it properly.
Now your higher-end cars, let's go to the mid level so any kind of car works first of all.
You can go from low level so let's you got your small compacts and things like that. Now let's go
the best cars. The best cars are like Jeep Grand Cherokees, Jeep Wranglers, SUV's. They really do well.
Ford Expeditions and things like that. A lot of the SUV's in those mid-size and larger SUV's actually do
really, really well on TURO. That is because those cars are not as abundant with rental car companies
and so if you have the supply of those cars, you really do well. Escalades and things like that are
higher-end SUV's that also do well. So, now let's get into luxury. Okay, straight up luxury cars,
that is going to be a non-starter. You should not start with a luxury car, okay? This is Noelle giving
you the game. This is Noelle telling you a secret. I did not start with a Range Rover or a Porsche or
a Lexus or anything like that and i don't suggest that you do as well unless you already have some
reserves. If you're like this professional person, you make 100,000 dollars a year and
you have a little bit of reserves, you could probably be okay but if you are saying I am
strapping for money, I'm an entrepreneur, I'm gonna put these cars up here and I'm gonna make some
money, start with a smaller or a mid-level car like a Jeep Grand Cherokee, a Jeep, a Wrangler,
you know Explorer, something in that family, okay, or a smaller car that's inexpensive that you
can just go back and forth or you can even have someone drive Uber in it, okay? That's another whole
video I'll teach you with that. So if you have cars, you can actually give them to other people and
they can go drive Uber, Uber eats and you can make money on it so that's a whole nother thing but
that is an option. So, you want to get cars that you can do multiple things with and you could sell
off if you needed to, okay? Now let's talk high-end cars. Porsches Lexuses, Mercedes-Benzes, Range Rovers.
Those are something you graduate to. So once I got some cars going and we started making some money,
we did put those cars up there and they do very well. They charge a lot per day they're used
for multiple things like music videos and and people show up to business events in them, people
literally have rented our cars for weddings. We're actually getting a Rolls Royce Cullinan and it's
going to be used for weddings. People are paying a thousand dollars per day to rent Rolls Royces so,
these are cars that you can start making a lot of money in but I suggest that you progress to it, you
don't start with that. Those are the types of cars so let me get to the last juicy thing about TURO
because this is amazing. I love you so much, you're gonna make a ton of money. I want you to do this
business. Let me tell you number 5. Number 5, how much money you expect to make? Before you ever
put your car on TURO, you need to know how much money you expect to make. So, our smaller cars, you
know they're making on average 8, 900 dollars a month in profit. Our Tesla makes a
lot of money and then sometimes it doesn't make any money because sometimes I'm driving it and I
actually need a car to drive and I want to drive it. You'll see the Range Rover does really well.
Our core cars are the Jeeps,
you know our core cars are those mid-sized cars. So, these are the types of cars that you really
want to do. They're going to make you between 500 and 1,5000 dollars a
month per car, that is about what you can expect. 500 to 1,500 dollars per month
per car. Now, I know that's a 1,000 dollar a month gap but you really shouldn't be making less
than $500 per month in your car. I really have some really lazy people that don't rent their car all
the time and they still make about $500 a month profit. You know what I mean? Just renting their
car out 2 to 3 weekends per month, okay, and if you do that solidly, you price your car
correctly, you should make this, you know? Don't give away your car. I literally have an example.
I'm going to show you right quick of someone that did a Range Rover 2020 for a hundred
dollars a day, that is ridiculous, that is 1/3 of the cost. You're not going to make profit, you're
going to have to rent that luxury car out way too much. There people are going to put way too many
miles on it and they're going to be depreciating your car down. So, charge what you're supposed to
be charging, look at what other people are charging and stay competitive. Do not give your car away, do
not just make it cheap so you can keep it booked, that is not the point. This is a business and you
are looking to make money. So, that is how much money you can make and I have a one last special
gift for you. Okay so I have a special surprise for you. Like I said, one of my students has done so
well with TURO and he is now coaching on it and he and I have created a full course on TURO. We've
been on TURO for more than a year, we've really mastered this thing, we're really making money
with it and we really want to teach you at a really inexpensive price because there is
so much opportunity and such a great business for people. Go to crfortunes.com and
check out my new course and get it at a very affordable price and get a full training
on TURO, how to start your business, how to launch this business, how to get the credit.
We even teach you how to get business credit so you don't even have to put cars in your name. You
literally can put cars in your business name, the same way that Noelle does. Yes, Porsches, Range Rovers,
Tesla's, all of that in your business's name, we will teach you that. Go to crfortunes.com.
This is an amazing course. I just want to make sure that you have all of the resources, all of
the tools and all of the knowledge that you need to be successful. This is Noelle, to your success.