Owners. I’d heard about companies like Getaround and Turo; they’ve been making it easy to list your car for rent for a while now. For owners, letting another driver take your wheel is a big decision, so understanding the best company to work with is vital. In order to list a car on Getaround, the Getaround Connect hardware must be installed. Also, renters need to provide driver’s license information and, with Getaround, their social security number for the background check. Turo has been around since 2010 and was formerly called RelayRides. Once approved, a representative will install the Getaround Connect device in your car. The company’s protection plan covers 100% of damage made when the vehicle is rented out but does not cover exterior wear or tear or minor damage. All rights reserved. This is where Getaround has a big advantage if renters want a car for less than a day. Plus, while most traditional rental services offer few convenient locations once you leave the airport, you can pick up your Turo rental anywhere the owner will agree to meet, giving Turo the advantage in pricing and convenience. The Basic plan provides the least coverage, and owners keep 85%, while the Premium plan offers full protection, but owners keep 65% (full details are in the Insurance section below). My Car Rental Was Stolen on Turo! In some cities, Turo actually offers to pay for a photographer to come take photos of your car. Select your current trip and you'll see the Cancel button. Visit Getaround’s website for all the details. Turo sends payments to owners within a few days, while Getaround pays on a monthly basis. + Donor Eligibility, Locations, etc, Bowflex Military Discount Policy: Eligibility & Requirements Explained, Luby’s Senior Discount Policy: Days, Times, Eligibility, and More, Crutchfield Price Match Policy: Time Limit, Eligibility Detailed, Purple Mattress Military Discount Policy: Eligibility, Requirements Detailed, Rough Country Military Discount Policy: Eligibility, Requirements Detailed, JEGS Military Discount Policy: Eligibility, Discount Process Explained, 3 Car Rental Companies That Don’t Do Credit Checks (+ Those That Do), Car Rental by the Hour: 5 Companies to Choose From, 15 Rental Car Companies That Pick You Up, Drop You Off, & Deliver Cars, Car Rental Selection Tool: Find the Best/Cheapest Car Rental, 14 Car Rental Companies With Unlimited Mileage (Even Out of State), Rental Car Additional Driver Policies (Spouse, etc) for All Major Companies, Where to Rent a Car Under 25: 19 Options Listed (+ Their Underage Fees), The Cheapest Ways to Rent a Car Detailed: Discounts, Rewards, etc. The lowest damage protection plan on Getaround is free, but since the daily rental rate was lower on Turo, it was the more affordable option in these two examples. Getaround offers $1 million in liability through Broadspire. In the end, the choice is yours, but it can be safely said that you won’t regret your choice with either of them. Note: As a bonus, when you list your car on Getaround, you’ll get a $50 monthly credit on Getaround to use if you’d like to take someone else’s car for a spin. For Owners: Four easy steps for owners to list their cars with Turo: Create a free account. ©2013 - 2021 More Holdings LLC | All Rights Reserved. To compare these options to traditional car rentals, see our car rental selection tool. If playback doesn't begin shortly, try restarting your device. When we searched in the Los Angeles area, both apps located more than 200 vehicles for me to rent. But in Miami, Getaround only found about 30 cars versus over 200 with Turo. Renters can only collect their cars from a pickup point, which means that the owners will have to drop their car off for the renters to collect them. Discuss how to start car sharing, grow your fleet, utilize technology to automate both platforms and more! The best car-sharing apps for Android and iOS, 2020 Tesla Model S vs. 2020 Tesla Model 3, The best mileage apps for small businesses in 2021, 2020 Chevrolet Camaro vs. 2020 Ford Mustang, Who made my car? If your car is too new it might not be on the list. Using a Getaround vehicle is possible for Uber drivers thanks to a partnership between the two companies, but it’s limited to San Francisco, Los Angeles, San Diego, Philadelphia, Washington D.C., Boston, Denver, Atlanta, and Portland. Exterior wear and tear is not covered. Peer-to-peer transportation businesses have become increasingly popular in recent years. The Premium plan has both: 100% in damage reimbursement, and exterior wear and tear is covered. Depending on the car you have, how often you rent it, and the area you live in, it’s possible to cover your entire monthly car payment, or even make a profit. The Standard plan pays 100% of any damage caused but exterior wear and tear is not covered. In Dallas, Turo had about 60 cars for rent, whereas Getaround didn’t have any because they don’t operate there or anywhere in Texas. To list your car on Turo, head to Turo.com and click “List your car” in the top navigation Create an account and enter details about your car and yourself To begin the listing process, create a Turo account. In this article, we’ll look at the similarities and differences between the two companies so you can determine which one to use, whether you’re renting a car or renting out your car. Turo is nationwide while Getaround is currently limited to just over 100 U.S. cities. Getaround automatically sets the rate of rentals for owners using an algorithm the company developed, but owners can adjust it. Getaround and Turo: Car Sharing Tips and Tricks has 1,813 members. There is a monthly fee to list your car on Getaround, but you start with a free 30-day trial Listing your car on Getaround is not free. Thanks to these companies, drivers can get more bang for their buck, while car owners can rent out their vehicle and pocket some much-appreciated cash. Like Turo, owners can’t do it themselves, and the vehicle must be taken somewhere for the installation. Here’s what you need to know about Getaround and Turo taxes. According to Turo, there is a list that the host fills out. Currently, Getaround users cannot leave reviews for renters or owners. With Turo, you can’t rent by the hour, but you can with Getaround. Getaround’s requirements are a little stricter because vehicles must be at least a 2010 model and have under 125,000 miles. Rent a vehicle on Getaround’s website Renting Your Car to Others: Turo vs Getaround If you own a car and you want to earn some extra cash when you’re not using it, you can list your car for others to rent on Turo and Getaround. Being able to unlock the rental with the app is possible with the professional installation of hardware into the car. As a car-sharing platform, Getaround uses something called Getaround Connect technology to find and unlock cars for people to rent. With Turo, depending on the vehicle protection plan picked (Basic, Standard, or Premium), owners keep 85%, 70%, or 65% of the rental cost. To calculate Turo taxes, you need to consider various factors. If you do the math yourself you can see how much a simple change in insurance packages can drastically increase the profitability of your Turo fleet. Use our new Getaround guarantee calculator to see your car’s guaranteed minimum monthly earnings specific to the make, model, year, location and month. Your car needs to meet certain vehicle eligibility requirements before you can list your car on Getaround, including: Be well maintained – owners are expected to keep up with the manufacturer's maintenance schedule and may need to submit proof of it 2010 model year or newer In order to share your car on Getaround, it must be a private passenger vehicle with at least four wheels, 2010 or newer, have less than 125,000 miles, and seat no more than 8 passengers. Guests choose from a totally unique selection of nearby cars, while hosts earn extra cash to offset the costs of car ownership. However, you might need to pay Turo taxes. When comparing rates in the Los Angeles area over the same days and with almost identical vehicles (both 2015 Kia Souls), Turo seems to be a little cheaper. Standard: The standard plan has a $0 deductible and offers you a replacement vehicle while yours is repaired. A five-day rental with the lowest protection plan was $221.76 on Turo and $261.16 on Getaround. Even if the specific Turo car you are interested in has a mileage limit, that’s still a 33% difference for the same make and model of car. Post was not sent - check your email addresses! It’s not common for rideshare drivers to rent a Turo car because you are required to ask permission from its legal department. elements below contribute to the cost of a trip. Both companies offer a large variety of cars to choose from; however, Turo offers classic cars, while Getaround doesn’t. Maintaining your Turo and GetAround fleets To rent a car from Turo, you need to meet the following general requirements: Have a Turo account Be at least 21 Installing the Turo Go hardware is completely optional and is only available in Los Angeles, the San Francisco Bay area, San Diego, and in some Canadina provinces. Not anyone can rent from Turo or Getaround; there are requirements and a background screening. All plans cover physical damage to your car “for collision and most comprehensive causes, including theft.”. Turo can also recommend a rate for owners who don’t want to set their own. We encourage you to also seek the one-on-one help of a certified professional. However, Getaround offers hourly rentals and an easy verification process that can get you through the rental process in minutes. Upgrade your lifestyleDigital Trends helps readers keep tabs on the fast-paced world of tech with all the latest news, fun product reviews, insightful editorials, and one-of-a-kind sneak peeks.Digital Trends may earn a commission when you buy through links on our site. Make sure you list your car in a place that is close to people looking for rental cars! You’ll want to head to the Turo website and register, which takes about 10 minutes. Choose from a Prius to a Tesla! Most vehicles made after 2012 qualify for Turo Go, and the hardware must be installed by a professional. Return the car at the location you’ve arranged with the owner, after filling the car up with gas. Getaround doesn’t let owners choose milage restrictions because renters have a set limitation (see “Distance limitation” below for more). Turo also doesn’t allow RVs, motorcycles, and large vehicles that seat more than eight passengers. In order to list a car on Getaround, the Getaround Connect hardware must be installed. If you own a car and you want to earn some extra cash when you’re not using it, you can list your car for others to rent on Turo and Getaround. (HyreCar owners do not charge a fee to deliver a rented vehicle to a driver) Then present your license at pick up. Turo and Getaround have three levels of damage protection plans for renters that are very similar. Parts of California, Oregon, Washington DC, Maryland, Virginia, Illinois, New Jersey, and Massachusetts. No matter if you have a sports car or a truck, you can list your vehicle on Turo. Vehicles must be registered and located in the United States (except New York), certain Canadian provinces, Germany, the United Kingdom, and in certain other countries. When you buy/reserve/sign up through a link, we may earn a commission. On Turo, renters are able to sort by price, and the system shows owner reviews. https://firstquarterfinance.com/turo-vs-getaround/, Disclosure: FQF is reader-supported. But things change on a five-day trip with the top protection plan, because Turo’s top plan is much more expensive. If you do not use our mobile apps (iOS or Android) but you need to cancel a trip, you can cancel on web by visiting your Trips page which you can access here. Editorial Policy. It’s sad how Turo allows these hosts rent out their cars without having documentation of any problems on the car. A comprehensive guide to today’s car conglomerates. Premium: The premium package gives you wear and tear coverage and protects against the lost rental income should your car be damaged. Unfortunately, BMW seems to be one of the worst companies to deal with when you either have your car stolen or if you get locked out of your car. Getaround offers one level of insurance, which covers liability, property damage, collision, theft, and uninsured motorist protection. Getaround is a platform extremely similar to Turo, where you can list your car and start making money with it. List only eligible passenger vehicles that are registered to you or to an owner who has authorized you to list. In order to list a car on Turo in Canada, vehicles must be 10 years old or newer, have fewer than 200,000 kilometres on the odometer, and can't be worth more than $75,000. I'm so glad I found this company as I really only use my car a few times per month. Copyright ©2021 Designtechnica Corporation. Turo is available anywhere in the United States, including Alaska and Hawaii. The checkout process is also straightforward and requires a credit card. The site will prompt you to enter information about your car, including your license plate number, photos of your vehicle, make and model, and whether or not your car has an automatic transmission. Instantly rent your neighbor's car. Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email this to a friend (Opens in new window), How Much Does Egg Donation Pay? When searching for the right rental car, Turo’s system has some advantages over Getaround’s. As mentioned in the above owners section, you cannot leave reviews on the vehicles you rent through Getaround. These apps allow private motorists to make a little bit of extra money by giving other drivers an alternative to rental firms. Car owners now have more options than ever to earn money from their Car-sharing services, like Getaround and Turo, let you earn extra income with your car. Everything you can think of, put it down! Getaround’s claim on their website is more vague, stating that owners can earn “thousands” in a year. Sorry, your blog cannot share posts by email. + Donor Eligibility,…, Is Turo Worth It? Costs, How It Works, &…, Renting Your Car to Others: Turo vs Getaround, Target RedCard Credit Limit Increase Policy: Eligibility, Process, etc, How Much Does Egg Donation Pay? Earn money sharing your car on Turo, the world’s largest car sharing marketplace. Turo’s website currently claims that owners average $706 per month. The only downside is that they take a while to get there. 2. Headquartered in San Francisco, Turo also operates in certain Canadian provinces and in the United Kingdom. The company launched nationwide in 2012 and rebranded to Turo in 2015. With the top protection plan on the same two-day rental, the price jumps to $138.02 for Turo and $164.25 for Getaround. Unlike Turo, owners cannot customize their renting terms specifically with Getaround. The lowest I’ve seen is 150 miles per day, but 200 miles per day seems the most common. Fill out the Year, Make, Model, Odometer, transmission, and trim level. Renters aren’t liable for any damage with the top (and most expensive) protection plan for Turo and Getaround. $100,000 revenue on 70% plan would be $121,428 if you chose the 85% plan. Related: 4 Steps to Buy the Car You Want Within the Budget You Can Afford. There’s no professional safety inspection, so you’re responsible for ensuring your car … Turo currently uses Edmunds to pull car information. ... Turo has raised $467.4 million to date and competes against the likes of Getaround, Car2Go, ZipCar and others. Turo (formerly RelayRides) and Getaround are two car sharing services that offer drivers a unique alternative to traditional car rental companies. Our content does not substitute a professional consultation. Renters who want to use a Turo vehicle for ridesharing must ask Turo’s legal department for permission in advance. Before you list your car for rent, you’ll need to sign up for a Getaround account. Ensure your vehicle meets all legal requirements for your region. All the details are on Turo’s website. Turo’s website provides a list of requirements potential rental cars must meet in order to be a Turo car. Then, it’s time for the pictures. Listing on Turo is free, and the optional Turo Go hardware installation costs $190 but currently doesn’t require a subscription fee. Letting someone you don’t know borrow your car for a day, a weekend, or a full week was unthinkable until a few years ago. Distance limitations vary on Turo because owners can set it themselves, including unlimited miles. The 2nd ride I ever let my car out on, my Lexus was totalled! Turo is the world’s largest peer-to-peer car sharing marketplace where you can book any car you want, wherever you want it, from a vibrant community of trusted hosts across the US, Canada, and the UK. You can cancel your trip yourself within the Getaround mobile app on iOS or Android, directly from your trip page. Turo and Getaround are no different, although they do differ from each other (and from traditional car rental companies) in terms of their requirements. But if Turo renters want unlimited miles on a car with a limit, they can pay extra. For example, the minimum age is 18 for Turo and 19 for Getaround. Turo offers three insurance plans when you rent out your car. For example, an economy sedan in Chicago could earn a minimum average $650/month guarantee, while a performance sedan in San Francisco could average $1,325/month minimum. Anyone approved can rent through Turo with the exception of rideshare drivers, including Uber and Lyft drivers. We spell out country-specific regulations below, but you and all hosts everywhere must: 1. List for free, set your own prices and rules, and share confidently. It was a similar case in Washington, D.C. — both found about 150 vehicles for rent when we checked. That $21,428 spread can potentially cover more than seven totaled vehicles! Getaround’s is $250. Getaround was founded in 2009 in San Francisco, where it is also headquartered. You can also have the car delivered for a fee. Don’t worry, Turo helps you, too. Well renting out a car with safety issues is a problem. It also allows users to rent on the platform, and provides insurance while your car is being rented. This is done so that each company can provide rental owners safe and responsible renters. It’s becoming increasingly common thanks to car-sharing platforms like Turo and Getaround. From there, they can buy a car and list it on Turo. The insurance policy offers $1 million in protection, and the company also offers 24/7 roadside assistance included with any rental. The lowest (and cheapest) plan for both companies makes the renter liable for up to $3,000 in damages. You will find a lot of similarities when renting a car out on Turo or Getaround. Once you have an account, click on “List Your Car” on the top right. During the registration process, you’ll set parameters, such as when the car is available. Availability for renters isn’t different from the above owners section. Helping you to navigate the challenges and avoid the pitfalls of peer to peer car sharing. Getaround, the world’s largest connected car-sharing marketplace, provides communities with a cost-effective alternative to car ownership. The Basic damage protection plan covers 20% of the first $3,750 of the cost for the damage then 100% of further costs. Depending on your choices Getaround charges a $99 installation fee to professionally install Getaround Connect in your car, and charges $20/month in subscription fees. Unlock from the app and drive. If the horn, wiper blades and headlight isn’t working properly, it shouldn’t even be listed. Getaround is limited to more than 100 cities in North America. What I do like about Turo though is that there are public reviews on both the car and the drivers - I really wish Getaround would add this feature. Like Turo, Getaround can charge owners fees for things like canceling a rental trip and submitting claims. In addition, there are other car-sharing apps that cater to rideshare drivers. Turo lets owners and renters review each other. Earn up to $10k/yr sharing your car. The company also states that rentals need to be a private passenger vehicle with at least four wheels and eight seats or fewer. For instance, the vehicle needs to be 12 years or younger in age (unless it’s a classic or specialty vehicle), it must have under 130,000 miles, and the title needs to be clean. Renting a car from either company is easy through their app or website and doesn’t require a subscription. After the first 90 days, Getaround charges a $20 subscription fee and a one-time fee of $99 for the required hardware installation. Turo has up to $1 million in liability through Liberty Mutual and offers owners three damage protection plans. The mid-level plan for Turo will hold the renter liable for $500. Both companies offer very similar damage protection plans to renters. Both Turo and Getaround provide insurance for car owners when renting out their vehicles. Also, Turo shows the daily rental rate before checkout; Getaround clumps the rental rate into one price, making you do the math. Turo’s great reach is certainly a big plus point for the company, but the virtual key feature of Getaround is certainly loved by many people who do not like interacting with the car owners. While both Turo and Getaround provide a convenient car-sharing service to those looking to rent — or rent out — a car, each has its own unique strengths. That’s not the case with Getaround. For example, both companies thoroughly screen the renters before they rent, owners can choose where the rental will be picked up, and each offers a way for renters to unlock the vehicle with the app. Below, we lay out how each service differs for rental owners. The majority of the cities the service operates in are in California, New Jersey, and Massachusetts. Both companies roll the cost of insurance into their commission rate: Basic: The basic level of insurance offers $1 million in liability protection, $125,000 in damage protection for your car, and a $3,000 deductible. Whether you’re looking to start a business or you currently manage your own vehicle business, Getaround car sharing offers technology and resources to help you succeed. Speaking of age, it’s important to know that both companies charge a fee for drivers under 25. You can use a Facebook account, a Google account, or you can use an email address. You can provide input, but it's internal to Getaround and they only pursue anything if there's a problem. Certain vehicles also qualify for Turo Go Digital; this feature uses the car’s existing connected car software to unlock the car, so no hardware installation is required. Getaround Connect is available everywhere Getaround operates and is required to be used on all rentals. For renters, Turo’s cars can be a bit older and have higher miles than Getaround cars, but they may be more affordable. Rates start at $5/hr including insurance and no membership fees. A clean title is also required. It’s Turo vs Getaround, Getaround vs Turo… it’s time to compare and contrast. Both companies allow vehicle owners to set the price for their rentals, and both include comprehensive auto insurance. The company started its car-sharing service in 2011 and in 2019 absorbed Drivy — a European car-sharing startup — in an effort to increase its international presence. The big limiting factor on Getaround is that it is currently only in a handful of cities right … How to Cancel. For example, a two-day rental with the lowest damage protection plan was $91.52 on Turo and $128.39 on Getaround. Turo has two-way reviews, meaning both owners and renters can review each other after the rental is over. Is It Safe? Turo offers lower daily rates for a standard car than Getaround, as well as rental car delivery, in some cases. However, Turo charges fees like $25 for submitting a damage claim or $200 if owners misrepresent their vehicle in the listing. Each company offers its own version and price of the hardware (more information below). On Turo the cost of the trip goes to $338.01, and Getaround is now less than Turo at $327.90. We’d be happy to have you as a host on our platform. Renters can add additional miles but at a cost. For current and future car owners that share their vehicle on a car sharing platform. Listing the vehicle is free. Setting rental rate and mileage restrictions. Turo allows owners to set their own rate and mileage restrictions. Around 3PM on the 24th, I sent out an email to Turo and also called BMW to see whether they could track the vehicle for me. You simply put in the needed dates, add any filters you might want, and a list of vehicles will pop up in the area (if available). Also, the mileage range for hourly and daily rentals is fixed, along with the basic price. This is a nice feature because owners don’t have to meet the renters to hand off the keys. (Turo Carsharing Power Host) - YouTube. Getaround hourly rentals: Is it better than Turo or Uber? To sign up with Turo and start renting out your car, you can sign up with your email or, Apple, Facebook or Google account. Both Turo and Getaround aim to make it as easy as possible to rent a car, but the booking process and services offered differ slightly. Getaround has a set limit of 20 miles an hour, up to a total of 200 miles a day. Getaround rental owners pocket a flat rate of 60% of the rental cost. Like Turo, anyone who qualifies can rent through Getaround, but unlike Turo, certain Getaround owners in certain cities can rent to Uber drivers if they choose to thanks to a partnership with Uber. You will find a lot of similarities when renting a car out on Turo or Getaround. If we’ve caught your attention about this new fad, learn more about these companies.

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