Renting your car out while you don't use it sounds like free money. But there are real costs. Here's what Turo hosts actually earn.
Turo takes 25% of the trip price for their Host Guarantee program. As a vehicle protection option, they also charge guests 10-30% for insurance — hosts don't see this. Your net is the trip price minus Turo's 25%.
✅ Good fit: Car sits idle 20+ days/month, you have a second car, you're in a high-demand travel city (Denver, Miami, Austin, Seattle), your car is reliable and common (Camry, Civic, RAV4).
❌ Bad fit: You drive daily, your car is exotic or unreliable, you live in a low-demand suburban area, you can't handle guest coordination.
Turo income is taxable as ordinary income. But you can deduct: Turo's fees, cleaning, depreciation (Section 179 or regular), mileage to/from delivery, and insurance. A $10K Turo income might realistically net $6-7K after deductions and depreciation.
Enter your car's value, rental rate, and days occupied to see your true monthly net.
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