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Innovative Strategies

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Jonathan Dempsey
  • Rental Property Investor
  • Pocono Pines, PA
115
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150
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Carhacking...Renting a Car on Turo

Jonathan Dempsey
  • Rental Property Investor
  • Pocono Pines, PA
Posted Aug 6 2018, 17:21
Does anyone have experience renting a car on Turo or any other similar sites/apps? I am interested in the idea of car-hacking. Basically I would want to STR a nice car to make some money on top on the car payment, and then have a nice car for when I would want it. I currently own a prius, so I would not need the next car for anything other purely recreational use. I want to analyze the deal similar to real estate, but projections seem more variable and depreciation is not friendly in this business model. Any thoughts?

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