Most Profitable Cars On Turo Statistics

In this post, we will explore the most profitable cars on Turo, a popular peer-to-peer car sharing platform. With a range of statistics highlighting the top-earning vehicles and the earning potential for car owners across different regions, these insights provide valuable information for those looking to maximize their earnings through Turo rentals. From the dominance of Tesla models in rental popularity to the high earning potential of luxury cars and trucks, the data offers key insights into the lucrative opportunities available on the platform.

Statistic 1

"The Tesla Model 3 was reported as the most rented vehicle on Turo in 2020 in the U.S.,"

Statistic 2

"Tesla vehicles made up three of the top five most rented vehicles on Turo in 2020,"

Statistic 3

"The Tesla Model S reportedly earns an average of $85 per day on Turo,"

Statistic 4

"The BMW 3 series is reported to earn an average of $49 per day on Turo,"

Statistic 5

"The Jeep Wrangler brings in an average of $66 per day on Turo,"

Statistic 6

"Toyota Tacoma owners can make an average monthly total earning of $1,128 on Turo,"

Statistic 7

"Porsche 911 owners can make an average monthly total earning of $1,964 on Turo,"

Statistic 8

"On average, car owners make an extra $706 per month on Turo,"

Statistic 9

"SUVs and trucks tend to generate the highest daily rates, followed by luxury cars on Turo,"

Statistic 10

"Luxury cars like the Range Rover gets rented on average for $138 a day on Turo,"

Statistic 11

"The Chevrolet Corvette C8 is one of the top-earning cars on Turo, averaging over $200 per day,"

Statistic 12

"Car owners in Florida, California, Georgia, Texas, and Arizona make the most money on Turo,"

Statistic 13

"In 2019, over 350,000 vehicles were listed to rent on Turo,"

Statistic 14

"In 2018, Turo reported that active hosts earn an average of $625 per month,"

The data on Turo rentals in 2020 reveals a clear trend towards the popularity and profitability of Tesla vehicles, with the Model 3 leading the pack in rental frequency. Owners of Tesla models, particularly the Model S, can benefit from high daily earning potential. However, other vehicles like the BMW 3 series and the Jeep Wrangler also offer respectable daily rates. SUVs and trucks, as well as luxury cars, have shown to command higher daily rates on Turo compared to other vehicle types. Notably, luxury cars such as the Range Rover and the Chevrolet Corvette C8 can bring in substantial daily earnings. Geographically, car owners in states like Florida, California, Georgia, Texas, and Arizona seem to be capitalizing on the Turo platform the most. Overall, the data suggests that operating a profitable car rental business on Turo can be a lucrative venture, and understanding the market dynamics and vehicle preferences can help owners maximize their earning potential.