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.
