Howdy!

[calgecko]

Congrats on joining the forum, and welcome! Sorry for some salty jerks who are making some serious assumptions. Sounds like you've got a great plan, and have thought it out - I think you're gonna do well with the Turo idea - I'm sure you'll easily be able to pay those things off quickly, and then have some good equity on your hands in a short time. Good job on the focus and determination, especially at such a young age!

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[Jstump99]

Congrats on joining the forum, and welcome! Sorry for some salty jerks who are making some serious assumptions. Sounds like you've got a great plan, and have thought it out - I think you're gonna do well with the Turo idea - I'm sure you'll easily be able to pay those things off quickly, and then have some good equity on your hands in a short time. Good job on the focus and determination, especially at such a young age!

Thanks for the support! I’m excited to do something I’m passionate about - haters aside. Didnt do 4 years of undergrad and start an MBA for nothing

 

[93_SVT_3503]

I was looking into purchasing a secondary vehicle to do the Turo thing with. I just don't think there is enough interest in that market in the area I live in to justify the purchase. Good luck with the venture!

 

[Jstump99]

North Dakota. Okay, that's waaayy outside of the DMV; a bit farther than I was expecting. Lol.

haha- well he gave me a deal and no deposit the last day you could place orders so I ran with it. And drop shipping to DC makes it easy

 

[dScott]

it was suggested to me on FB that I start using B6G more!
Jimmy here, Washington DC area

I actually have three on order, at least one will be available to rent via Turo

How does insurance work with Turo? If people take a turo rented bronco out off road, get in over thier head and damage it, who's responsible? I would guess most insurance does not cover rock crawling?

 

[Jstump99]

How does insurance work with Turo? If people take a turo rented bronco out off road, get in over thier head and damage it, who's responsible? I would guess most insurance does not cover rock crawling?

Through Turo they cannot go off road sadly. As I scale up - I will explore the possibility of private rental experiences with supplemental policies for that type of renter.

 

[dScott]

Through Turo they cannot go off road sadly. As I scale up - I will explore the possibility of private rental experiences with supplemental policies for that type of renter.

well, good thing people always follow the rules in rentals haha ! Hope everything works out for ya. I was thinking of trying turo with mine (when/if I get it) but a little leary of the insurance stuff, and in CO with easy access to off-roading, I just don't think I'd have enough trust in the customers.

 

[indio22]

Are you planning on buying all three Broncos? Either way you’re hoarding Broncos away from other reservation holders waiting for just one. If you don’t take them all the dealership will most likely sell them at a mark up.

Don‘t be surprised if your post here is met with resistance or disapproval. Nobody here wants to hear about your three orders clogging up the reservation system for more deserving order holders that are patiently waiting.

Actually that's the Bronco scene these days. Big spenders and guys with multiple Broncos. You're stuck with those guys mucking things up, at least until supply increases.

Bonus - you won't have to run into OPs Turo Bronco on the trail, because apparently it's for exclusive pavement use, lol.

 

[ROKBRNC]

MBA or not….book smart does not always translate to street smart. I just don’t understand the Turo thing and how you would be able to rent a vehicle enough times to make it profitable. Seems like a really niche market similar to renting a Porsche or Ferrari when on vacation in Hawaii and I just don’t believe there would be that many people demanding to rent a Bronco for the weekend. Plus as others have mentioned, you simply cannot trust people to take care of and respect something that is yours the same way that you would. Course then again I’m the same guy that feels if you touch my vehicle, your hands should be permanently removed, so there is that…good luck

 

[calgecko]

Turo seems like a pretty profitable venture for desirable vehicles (like the Bronco) - looking at my local area on Turo.com - I see a Bronco for $135 a day. I'm not sure what % of that goes to the car owner, but even if it's just $80 out of the $135 - if it's rented for 10 days a month, that's $800 a month - easily a car payment. I had a friend who was looking for a vehicle with open roof and removable doors that could seat 5 people - he wanted to take a day trip to Yosemite with his family, and have them easily be able to see all the beauty around them - he ended up renting a Jeep 4 door - and had the owner remove the doors and roof before he picked it up - they had a blast just driving through Yosemite valley.

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