GITNUX MARKETDATA REPORT 2024

Statistics About The Average Turo Income

The average Turo income per day is estimated to be around $100-$200 for most car owners.

Statistic 1

"Turo takes a 25% share of the rental income to cover insurance and support services."

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Statistic 2

"Turo claims that hosts with multiple vehicles can increase their earnings significantly, averaging around $100,000 per year."

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Statistic 3

"Around 56% of Turo hosts report that their Turo income covers at least half of their car payment."

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Statistic 4

"The average booking frequency for active Turo listings is around 10 days per month."

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Statistic 5

"On average, Turo listings with professional-quality photos earn 20% more."

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Statistic 6

"The average daily rate for a car on Turo ranges between $50 and $70."

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Statistic 7

"Luxury car owners on Turo can make over $31,000 annually by renting out their vehicle."

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Statistic 8

"Peer-to-peer car sharing through Turo is growing by 30% annually."

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Statistic 9

"The average Turo host in the U.S. earns approximately $10,516 per year."

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Statistic 10

"On Turo, SUVs and trucks average a higher income than sedans and compact cars."

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Statistic 11

"The top 10% of Turo hosts earn more than $12,350 over six months."

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Statistic 12

"Hosts with a response time of under an hour see a 25% increase in rental requests."

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Statistic 13

"Turo's income from electric vehicles has grown significantly, with an average income increase of 20% year over year."

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Statistic 14

"Turo reported a year-over-year revenue increase of 56% in its latest financials."

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Statistic 15

"Weekends and holiday periods see an average 30% rise in Turo rental income."

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Statistic 16

"80% of Turo hosts earn back their earnings within the first year of their listing."

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Statistic 17

"Cars rented for long-term bookings (7+ days) on Turo earn an average of 17% more than short-term rentals."

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Statistic 18

"Vehicles listed in high-demand cities like Los Angeles and San Francisco tend to earn above the average income."

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Statistic 19

"Hosts with excellent reviews can increase their rental price by up to 15%."

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Statistic 20

"The average length of a Turo rental is around 4.7 days."

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