Can you still make real money renting cars in 2025, or is the Turo wave fading? Join Russ, Joey, and Ernie as they examine the current state of the Turo car rental business, weighing the benefits, red flags, and real-life profitability of this investment strategy.
From rising maintenance costs and vehicle depreciation to leveraging the platform’s growing demand, the guys break down what it takes to succeed and who this model is really for.
Whether you're curious about Turo as a passive income play or if it aligns with your Investor DNA, today's conversation will help you decide.
Top three things you will learn:
-The basics of car-sharing
-Depreciation, maintenance, and ROI
-Does Turo fit your investment strategy?
Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.
This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.
The hosts may have a financial interest in the programs or services mentioned in this episode.
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Therapy Gecko
An unlicensed lizard psychologist travels the universe talking to strangers about absolutely nothing. TO CALL THE GECKO: follow me on https://www.twitch.tv/lyleforever to get a notification for when I am taking calls. I am usually live Mondays, Wednesdays, and Fridays but lately a lot of other times too. I am a gecko.