I Operate Under A Car Sharing/Car Rental Company Called TURO. I am a TURO Host in a brand new market. I currently have three financed cars on the market, all making their monthly payment within five days of the month. The current vehicles I have would include:
2020 Mercedes-Benz C300 - $169/day
2019 Mercedes-Benz C300 - $154/Day
2018 Chevy Cruze- $79/Day
Pitch Video
The Business
TURO works by connecting local vehicle owners with people who are looking to rent a car in their area. The company earns money by taking 15-40% of the total price of the rental depending on what coverage plan the vehicle owner purchases when they become a host.
The Market
TURO has been very successful providing me with traffic and demand. This company has released in services in the New York region for local residence to thrive and pursue their entrepreneur endeavors. With the new market comes new opportunity and very little saturation.